Audusdforecast
AUDUSD: AUD/USD eased slightly, while the Australian stock markeImmediately after better-than-expected inflation data, the Australian dollar fell again. In addition, weakening inflation has also provided the market with more information about the RBA's interest rates in the coming time when the Reserve Bank of Australia has had many difficulties in controlling inflation and has only stopped raising interest rates. interest rate in November. Currently, the market is expecting that the RBA will have a 50 bps interest rate cut in 2024.
AUDUSD - Accumulation phase ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in an acccumulation phase so I expect we could see AMD pattern, price firstly to manipulate buy side liquidity and to fill the imbalance higher, then to distribute lower.
Fundamental news: On Friday we will see results of NFP and Unemployment Rate. Pay attention to the results in order to validate the analysis.
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AUDUSD BUY 30 Jan 2024Price rejected strong support level at 0.6550 (Swing level).
High chances for the price to follow the daily trend (up).
Price consolidated for almost 1 week and bullish engulfing candle formed on 29th Jan 24.
Trendline breakout. Price might do deep retracement (to level 0.6590) before continue the up move.
AudUsd to resume its up move?Two weeks ago, AUD/USD reached a significant support zone at 0.65. Following a slight rebound from this zone, the pair entered a consolidation phase throughout last week. The overall bullish trend that began in late October remains intact, suggesting that the pair may continue its upward movement.
My bullish stance persists as long as the 0.65 support level holds, with the possibility of a retest of the 0.69 high in the medium term.
AUDUSD: Fed and BoE interest rate decisions, economic data and UEconomic calendar with market-impacting events including the latest Fed and BoE monetary policy decisions, US NFP reports, German and Eurozone fourth-quarter growth, manufacturing PMIs and Chinese services, German and Euro zone inflation data.
In addition to the economic calendar, a series of major US technology companies will announce their latest fourth quarter business results. On Tuesday, Alphabet (GOOG) and the world's largest company Microsoft (MSFT) will release financial reports, while on Thursday, Amazon (AMZN), Apple (APPL) and Meta Platform (META) will release financial reports. Announce earnings after the market closes.
The US stock market continues to set new records as investors remain determined to take risks. The upcoming earnings announcement of the "Magnificent 7" will weigh on the indexes due to the large proportion of these businesses and put the market at risk. Last week Tesla (TSLA) disappointed the market and fell about 12% following their earnings release.
#AUDUSD: 800+ PIPS BUYING SETUP: Dear Traders,
We are expecting a long bullish buying setup very soon as price indicating a further downtrend to be continued due to strong usd presence in the market. We will have to closely monitor the market and enter accordingly to the price action.
here is the best area where you can enter:
POSSIBLE BUYING ZONE AT 0.62733
STOP LOSS AT: 0.61611
TAKE PROFIT AT: 0.7200
AUDUSD:05/10/2023 UPDATE!!Dear Traders,
Hope everyone doing excellent this week, we have an excellent opportunity of buying AUDUSD. Please keep in the mind that, price will ultimately depends on NFP data that will be out tomorrow afternoon. DXY is extremely bullish and that is why we have two area where we can exit the trade.
AUDUSD: The foreign exchange market is quiet, the USD is stable Most Asian currencies remained weak on Wednesday, with the dollar hovering near a six-week high as markets awaited further signals on when the Federal Reserve would start cutting interest rates. The Australian dollar weakened by 0.1%, although January's PMI data showed improvement in manufacturing and services activity. The Australian dollar, which is often used as an indicator of overall Asian markets' risk appetite, is also trading near seven-week lows. The US dollar has stabilized near six-week highs as the economy continues to grow. Data, Fed meeting underway
The dollar index and dollar index futures each fell 0.1% in Asian trade, after rising earlier to their highest since early December. The dollar got off to a strong start to 2024, with solid inflation and jobs data showing traders' expectations that a Fed rate cut was imminent have largely dissipated.
That perception was further exacerbated by a series of hawkish comments from Fed officials last week.
The focus now shifts to fourth-quarter gross domestic product (GDP) data scheduled for release on Thursday and data on the PCE price index, the Fed's preferred inflation measure, scheduled for release on Friday. Signs of a recovery in economic growth and inflation would give the Fed more incentive to keep interest rates high for longer periods of time.
The reading also came days before the Fed's first meeting in 2024, when the Fed is widely expected to keep interest rates at a 23-year high. However, the Fed is still expected to start cutting rates before the end of the year, and traders will be watching for any such signals from the meeting.
AUD/USD Trade alert: Strong USD vs RBA's rate decisionAUD/USD Trade alert: Strong USD vs RBA's rate decision
Talk of a US$278 billion (1 trillion yuan) rescue package for Chinese shares might not be enough to support AUD/USD.
Countering this positive signal for the AUD is general US dollar strength, caused by a shift in the market regarding the likelihood of a March rate cut. At the turn of the year, it was priced above 80% probability, but that's now fallen to 42%.
On the daily chart, we can see the AUD/USD testing on the key support zone at 0.6550 with some consolidation just above this level before the next move.
Looking a little further ahead, AUD might find the upwards momentum it needs with Australia's inflation rate data released on January 30 next week, followed closely by the Reserve Bank of Australia's interest rate decision on February 5.
The inflation figure is the last major report the RBA will have to consider before it meets next week for its first interest rate decision of 2024. Will they keep their rate unchanged on February 5 or surprise the market with another 25-basis-points hike and give a pop to the AUD/USD?
AUD/USD, NZD/USD hint at a round of risk-offIf commodity FX is anything to go by, we could be in for a bout of risk-off. The yen and US dollar were the strongest majors, which saw AUD/JPY and NZD/JPY pull back from cycle highs and form bearish outside days alongside AUD/USD and NZD/USD.
The fact that AUD/USD reversed at its 200-day average and closed beneath the 200-day EMA makes it likely the 2-day bounce from support we anticipated has run its course. And with NZD/USD hitting new cycle lows with a bearish engulfing day and closed beneath its 100/200-day EMAs likely brings 60c into mind for bears, and 65c for AUD/USD bears.
Potential swing trade long on AUD/USDLike NZD/USD, the Aussie is refusing to roll over despite a strong US inflation report. That is in itself a sign of strength.
The daily chart is yet to see a close beneath the Q3 open, and the lows are holding above the 50-day EMA and 38.2% Fibonacci level. A bullish RSI divergence also formed from the oversold zone to suggest a swing low has formed or is near.
The bias remains bullish above last week's low ad for an initial move to 0.6750 - a break above which assumes a move for 0.6800.
AUD/USD 0.65897 - 0.08% SHORT IDEA MTF WEEK BIAS 🐻🐻🐻HELLO TRADERS
Hope everyone is doing great a look at AUDUSD 🛑IN THE COMING WEEK
MULTI TIME-FRAME BREAK-DOWN
DXY DAILY
* Lets start with the DXY.
* We see the 78.6 % FIB level holding in the past week.
* Looking for signs of some bearish momentum for continuation with the bears.
* The DXY is currently trading in PREMIUM.
* Any signs of bearish momentum would Signal Bearish moves for the week that is.
* Bullish momentum changes the Bias for the week & possibly signals reversals
AUDUSD DAILY TIME-FRAME
* On the DAILY we are trading / rejecting of a FVG.
* Should we violate this FVG looking to trade in premium, before continuation.
* This week looking for a push higher before continuing down.
* Should the FVG hold looking to go short, should momentum signal.
* We have a draw in LQ below which will serve as targets should we push higher.
AUDUSD 4H TIME-FRAME
* We pushing higher having some bullish momentum on the 4H.
* Looking for some push higher before seeing bearish moves.
* We see + FVG holding signalling bullish momentum.
* Looking to trade in PREMIUM for short entries & longs alike.
AUDUSD 1H TIMEFRAME
* We are in a BULLISH trend.
* Looking for continuation into premium.
* shift in momentum would validate the BEARISH BIAS.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOURS BELOW🛑
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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LOVELY TRADING WEEK TO YOU!
AUDUSD ( M6A1! Futures ) Weekly Outlook..... BEARISHI was surprised by the strength of the USD last week, and it lead to a flawed view of the AUD market. The market was weaker than expected, and has potentially turned bearish.
Let the market unfold on Monday, and wait for clarity.
Leave a comment and I will reply directly and promptly! Thank you.
May profits be upon you.
#1 AUDUSD Weekly Analysis 21.01.2024+
1.) weekly candle reject weekly level
2.) holding strong daily/weekly level
3.) daily momentum candle
4.) 4hour bullish orderflow
-could be a pullback trade because we see momentum to the downsite, but still holding strong support zone-
waiting for a small pullback then long