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AUDUSD 1DAYAUDUSD Daily Analysis The AUDUSD pair is trading near a significant support level on the daily chart, where buyers have historically stepped in to drive prices higher. This key zone suggests a potential bullish reversal, making it an attractive area for a buy opportunity. Technical Outlook: Pattern: Support Forecast: Bullish (Buy Opportunity) Entry Strategy: Enter a buy position near the support level after confirming bullish price action signals. Traders should monitor for reversal patterns such as a bullish engulfing candlestick or indicators like RSI signaling oversold conditions. Proper risk management is essential, with stop-loss orders placed below the support level to guard against potential breakdowns. Targets can be set at the next resistance levels for potential profit.
Long
by PIPSFIGHTER
1
AUDUSD AUD/USD attracts fresh sellers and is pressured by a combination of factors. A softer risk tone and bets for an early RBA rate cut undermine the Aussie. Subdued USD demand fails to lend any support ahead of the US NFP reportThe AUD/USD pair experienced significant weakness on Friday, sinking near its August lows at 0.6350 after the release of the USThe data showed a much stronger than expected increase in jobs, while rising expectations for an interest rate cut by the Reserve Bank of Australia (RBA) added pressure to the Australian Dollar. Additionally, weaker than expected domestic GDP growth figures further dampened the outlook for AUD/USD.
Long
by KingForex078
1
AUD/USD: The Bear is Lurking – A Breakdown in the Making?Hey Forex fam! 🌍✨ Let’s talk about the Aussie Dollar (AUD) versus the Greenback (USD) – the pair that's been stuck in a battle royale of consolidation! 🧐 But here’s the scoop: the bears are sharpening their claws 🐻, and we might just be on the edge of a big breakdown! 🚨 🔍 The Setup: A Symmetrical Triangle (Bearish Edition!) 📉 Chart pattern: For the last few years, AUD/USD has been dancing between two trendlines, forming a symmetrical triangle – a classic consolidation pattern. Think of it like a coiled spring, ready to pop... but in the bearish direction! 👇 👀 Why bearish? 1️⃣ The triangle is following a long-term downtrend. The pair has been sliding since 2013, and this consolidation looks like a classic continuation pattern. 2️⃣ Momentum is fizzling out as we approach the apex of the triangle – suggesting that a downside breakout could be just around the corner. 📉 Levels to Watch: The Bear's Roadmap Support to break: 0.63 – the bottom of the triangle and a critical level to confirm the bearish breakdown. Next bearish targets: 0.60: A psychological barrier. 0.56: The low not seen since 2008 (ouch!). 💡 Why is the Bear in Control? 1️⃣ Fundamentals 📰: With the Federal Reserve still hawkish 💵 and China’s economic recovery slowing 🐢 (a key driver of AUD strength), the Aussie is under pressure. 2️⃣ Risk sentiment 😬: Investors are flocking to safe-havens like the USD in uncertain markets, leaving the AUD vulnerable. ⏳ Timing the Breakdown ⚡ Be ready for action! The pair is sitting right at the edge of the triangle. A daily close below 0.63 could trigger an avalanche of selling pressure. But remember: wait for confirmation – false breakouts can wreck your P&L! 🚨 🔥 Pro Tips for Trading the Breakdown ✅ Trade the breakout: Short AUD/USD once it closes below 0.63, and target 0.60 or lower. ✅ Set stop-losses: Place them slightly above the triangle (~0.64) to protect against fakeouts. ✅ Patience is key: Don’t rush in – let the price action confirm the direction. The Bearish Bottom Line 🐻 AUD/USD is playing a waiting game, but the technicals and fundamentals both scream downtrend continuation. If the bears break through 0.63, get ready for a dive that could take us to 2008 levels! 📉 Are you ready to ride the bear? 🐻💥 Let me know your thoughts below, and as always, trade safe! 💪✨
Short
by RoadToAMillionClub
AUDUSD Long Term Selling Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
by ForexMasters2000
AUDUSD AUD/USD maintains its offered tone below 0.6500, looks to FOMC minutes for fresh impetus The AUD/USD pair struggles to capitalize on its intraday bounce from the 0.6435-0.6430 area, or its lowest level since August 5 touched earlier this Tuesday and keeps the red through the first half of the European session. Spot prices currently trade around the 0.6480 region, down for the second straight day, and seem vulnerable amid renewed US-China trade war fears.The AUD/USD pair fell sharply after failing to break above the 20-day Simple Moving Average (SMA) at 0.6540, suggesting that the bulls are unable to stage a recovery. The Relative Strength Index (RSI) is below 50, indicating that the bears are in control. However, the Moving Average Convergence Divergence (MACD) is green, indicating that there is still some bullish momentum. Overall, the technical outlook is mixed, with the bears having the upper hand in the short term. If the AUD/USD pair breaks below the 0.6400 support level, it could fall further toward the 0.6300 level. On the other hand, if the pair can break above the 0.6540 resistance level, it could rally toward the 0.6600 level.
Short
by KingForex078
Uptrend for AUDUSD, upto 0.69, Is my analysis wrong? {27/11/202}Educational Analysis says AUDUSD may move UP from this range, according to my technical. Broker - FXCM Why BULL RUN? Because this pair has been juggling around for months in this range, I finally changed the character to show a sign of an uptrend, and I am looking to buy and hold this position on this pair. Let's see what this pair brings to the table for us in the future. Please check the comment section to see how this turned out. DISCLAIMER:- This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS. I have no concerns with your profit and loss from this analysis. I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
Long
by VishalBudhrani
AUD/USD: Seeking dips for move to 66cAUD/USD has risen for a thirds day from its multi-week low, and shows the potential to head for 66c It is the second day in a row the market closed just off its daily high and the daily RSI (2) is not yet overbought. However, the October high makes a likely interim resistance level which could spark a pullback before dip buyers return. Bulls could seek dips down towards the weekly pivot near 0.6500 in anticipation of its next leg higher, with 0.6560, 0.6584 (November VPOC) and the 0.6600 handle coming into focus.
Long
by CityIndex
AUDUSD buying Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
Long
by ForexMasters2000