Get started

Audusdforecast

AUDUSD - Short after filling the imbalance ✅Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: After change of character here price started to form lower lows and lower highs, so I am looking for shorts. I want price to go a little bit higher to fill that huge imbalance and then to reject from bearish order block. Fundamental analysis: Tomorrow will be released monthly and yearly CPI in USA. I expect we can see a decrease on CPI, which means strength of currency. Like, comment and subscribe to be in touch with my content!
Short
by Snick3rSD
AUDUSD BULLISH moment on the way...AUDUSD is a forex instrument that has 5.4% of trading volume. AUDUSD have been consolidatiing in the rectangle for past 2 month. It break to the downside but proved to be a fakeout. and market reversed and ended up back in channel. AUDUSD is expected to be bullish for next week. Reason : Fakeout and very nice volume comeback to channel. Price > 5 EMA >13 EMA Bullish pattern formation after fakeout. right time to make position. RSI > 50 Bullish Zone. Verdict : Bullish for next Week Plan of action: Buy: 0.63835 (after retrace) SL: 0.63508 Target: 0.64941
Long
by finnova_
XAUUSD MID-WEEK ANALYSIS-UPDATE 24/09/2023Anticipating a Positive Reversal Post 3-Day Bearish Trend After a three-day downturn in the AUD/USD pair, market dynamics are displaying intriguing signals. This adjustment aligns with the relationship between the Australian Dollar (AUD) and the US Dollar (USD), paving the way for an expected positive reversal in the AUD/USD. Join us as we vigilantly observe this currency pair's journey in the days to come. Always remember that trading carries inherent risks, so it's crucial to stay astute and adjust your strategy in accordance with the unfolding market scenario. Happy trading! 📈💰 #AUDUSDImpression #PositiveReversal #TradingView
Long
by Dion-FX
AUDUSD END-WEEK ANALYSIS-UPDATE 24/09/2023AUD/USD Outlook: Surfing the Forex Waves - But Watch the DXY The AUD/USD journey has been an eventful one, with our earlier forecast for a recovery spot on. However, market dynamics are ever-shifting, and the next chapter is upon us. Now, I'm anticipating a potential downturn for AUD/USD as the US dollar regains strength. But here's the caveat: this scenario hinges on the DXY maintaining its bullish momentum above 105.864. Join me in monitoring this intricate interplay of factors as we navigate these forex waves. Stay tuned for more insights and updates! 📉📈 #AUDUSDOutlook #MarketShifts #TradingView
Short
by Dion-FX
AudUsd- Remains bearishSince mid-August, AudUsd is trading in a range. Last week the pair tried to break under support and failed. The pair reversed and tested 0.65 zone resistance once more, a level at which bears sold the pair aggressively, leaving a long-tailed Pin Bar on our chart. At the time of writing the pair is dropping once more and this time is very probable to have a genuine break of support if the pair touches this level again. In this case, down continuation to the 0.62 zone is the most probable scenario. As long as AudUsd is trading under 0.65 I'm bearish
Short
by Mihai_Iacob
20
AudUsd- Navigating its Downtrend: Where's the Bottom?Aud is very weak and the recent drop is not only on the back of USD strength... After the new failed attempt to stay above 0.68 important figure back in July, the pair started to drop hard and in this descent cleared some very important levels that should have provided support: 0.66 and 0.65 For more than a month now the pair is trading in a 150 pips range, but the break down looks imminent at this moment. Looking at the posted chart we see how strong the 0.65 ceiling is and for AUD to reverse back up would take a lot of fundamental reasons that simply are not there. In conclusion, any rallies above 0.64 should be sold and swing traders could target 0.6250.
Short
by Mihai_Iacob
9
AUD USD Bat forming I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others. Anyway, here we are with the AUD USD, and a bat is forming. We know the rules; if it doesn't reach point D then the bat fails, we press delete, and go and find more bats. Published 21st September 10:45am UTC+1
Long
by Elite_Trading_Signals
AUD/USD Gains Ground Ahead of Fed Decision Amid RBA CautionAUD/USD Gains Ground Ahead of Fed Decision Amid RBA Caution The AUD/USD currency pair continues to trade with an upward bias, reaching around 0.6460 during the European session on Wednesday. The pair's recent gains can be attributed to market caution ahead of the highly anticipated interest rate decision by the US Federal Reserve (Fed). In this article, we examine the key factors influencing the AUD/USD exchange rate, including the Reserve Bank of Australia's (RBA) monetary policy stance and the potential impact of the Fed's decision. RBA's Monetary Policy Deliberations The RBA recently released the minutes of its September monetary policy meeting, shedding light on the central bank's discussions. Notably, the RBA contemplated the possibility of a 25 basis point interest rate hike during the meeting. However, the decision ultimately favored maintaining the current interest rate, driven by the observation that recent economic data had not significantly altered the economic outlook. Despite the decision to hold rates steady, the RBA made it clear that it stands ready to take further measures to tighten monetary policy if inflation proves to be more persistent than initially anticipated. While this readiness underscores the central bank's commitment to controlling inflation, the absence of new hawkish signals in the minutes may temper the Australian Dollar's (AUD) strength relative to the US Dollar (USD). China's Impact on Market Sentiment The People's Bank of China (PBoC) decided to keep its benchmark lending rates unchanged, aligning with market expectations. The one-year Loan Prime Rate (LPR) remains at 3.45%, while the five-year LPR holds steady at 4.20%. Additionally, China's National Development and Reform Commission (NDRC) acknowledged the economic challenges faced by the country but expressed confidence in the effectiveness of domestic macro-control policies. This sentiment from key Chinese officials can influence investor sentiment in the Asia-Pacific region, including the AUD. US Dollar and Interest Rate Expectations The US Dollar Index (DXY), measuring the USD against major currencies, is trading lower near 105.10 as investors anticipate the Fed's decision. Market consensus suggests that the Fed will maintain its current interest rates but will provide further guidance on its future monetary policy stance. Markets have already priced in the possibility of a 25 basis point rate hike by year-end, driven by strong US macroeconomic data and persistent inflation pressures. The robust US economic outlook has led to higher US Treasury bond yields, supporting the USD and posing challenges for the AUD/USD currency pair. The US 10-year Treasury yield remains relatively high at 4.35%. Market Focus on Fed Guidance As investors await the Fed's decision, their attention is primarily on the central bank's future rate hike plans. Market sentiment indicates that the Fed is inclined to maintain higher policy rates for an extended period. Therefore, the focus will shift to the accompanying monetary policy statement and remarks by Fed Chair Jerome Powell during the post-meeting press conference. Conclusion The AUD/USD currency pair's recent gains reflect the cautious sentiment prevailing in the market ahead of the Fed's interest rate decision. The RBA's readiness to tighten policy if needed and China's economic stance add layers of complexity to the currency pair's dynamics. The direction of the AUD/USD exchange rate will largely depend on the Fed's guidance, making Jerome Powell's statements a key factor in shaping short-term market sentiment. Our preference Long positions above 0.6440 with targets at 0.6490 & 0.6510 in extension.
Long
by FOREXN1
8
"AUDUSD: Bullish Momentum Towards 0.6700+"AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum. This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend towards the prominent resistance zone between 0.6700 and 0.6740, where a trendline convergence may offer significant trading opportunities. AUDUSD BUY 0.6430 TP1 - 0.6700 TP2 - 0.6740 SL - Join Our Channel
Long
by FKW-Millions
Will AUDUSD will fall sharply?AUDUSD is a forex instrument that has 5.4% of trading volume. The Instrument has been in a falling wedge pattern and seems to continue its trend for some time. It has touched the above trendline and might break the rectangle pattern to the downside. If it happens, it might give a violent move to the downside. Once it breaks, wait for the retest, and then enter after the retest. It might be a nice trade with RR: 1:2.5. Reasons : If it breaks to the downside, it will also break VWAP to the downside, which might trigger the selling moment. RSI has already shown weak strength, and the trendline is broken to the downside in RSI. Price < 13 EMA < 200 EMA (Weak Trend) Bearish pattern formation for 3rd wave. Verdict : Bearish if breaks downside. Plan of action: Short after downside breakout retest
Short
by finnova_
2