Get started

Audusdlong

AudUsd- I expect a strong reversalFebruary has been marked by two significant breaks for FX:AUDUSD : one below the 0.6525 technical support and another below the psychological barrier of 0.65. With the pair now trading back above both levels, there is a strong likelihood that these breaks were false. As typically observed with false breaks, a robust reversal in the opposite direction may follow. Furthermore, if the price surpasses 0.66, we can interpret the 0.6480 zone as a higher low, indicating potential momentum for the pair to test the resistance at 0.69. I maintain a bullish stance on the Aussie dollar as long as the price remains above the recent low, and I am looking to buy on dips.
Long
by Mihai_Iacob
1
AUDUSD BUY | Day Trading AnalysisHello Traders, here is the full analysis. The completed correction, recovery and formation of a pre-breakout set-up hint at the continuation of growth. GOOD LUCK! Great BUY opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
3
AUD/USD short-term view 0.63Hello Traders It seems AUD/USD is going to make a triple combo corrections. it is possible, since we are bullish on USD. so we are expecting the price will reach 0.63 and 0.616 levels eventually. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and other Contents on this page are for educational purposes and do not include a financial recommendation. Trading is Risky, so before any action do your research.)
Short
by FortunaInvestments
Can AUD/USD claim more ground above 0.6500?Can AUD/USD claim more ground above 0.6500? AUD/USD has been making a short-term comeback from its 2024 low, crossing the 0.6500 mark due to a weaker Dollar. But is its downtrend intact still, or are we seeing the start of a sustained turnaround? Looking at the 4-hour chart, there are potential signs of a continued negative outlook, unless we see a break of the 100-day SMA at 0.6530. If that happens, the next target to keep an eye on is the 200-day SMA at 0.6600. Resistance levels are supported by a descending trend line currently aligned with $0.6500, suggesting that resistance at this point could hold back its upside potential. If selling pressure picks up again, AUD/USD might test 0.64797 initially before revisiting its 2024 low at 0.6452. A breach of this level could lead to the pair establishing new yearly lows and a retest of the 2023 low at 0.6270.
by BlackBull_Markets
1
AUDUSD: The USD stabilized amid the Fed's speculative cutsThe US greenback remained beneathneath a three-month top on Thursday, as marketplace individuals assessed the timing of capacity hobby fee cuts with the aid of using the Federal Reserve following remarks from Fed officers on inflation statistics. currently released. The yen, even though beneathneath stress this week, did now no longer fall to a three-month low towards the greenback on Tuesday, whilst Japan`s financial system entered recession with an sudden contraction in consecutive quarters because of vulnerable home demand. Inflation statistics from americaA shifted marketplace expectancies of a Fed fee reduce to mid-yr after the purchaser rate index confirmed a 3.1% upward push in January from a yr earlier, exceeding over the predicted 2.9% increase. Current marketplace valuations factor to no fee reduce in March, a giant alternate from a month in the past while there has been a 77% hazard of a reduce beginning there, in step with CME's FedWatch tool. The chance of hobby fees closing unchanged on the Fed's May assembly is presently at 60%. Chicago Fed President Austan Goolsbee, talking on Wednesday, stated the Fed ought to now no longer postpone reducing hobby fees for too long, although inflation is barely better than predicted withinside the coming months. Meanwhile, Fed Vice Chairman for Supervision Michael Barr mentioned that the adventure to accomplishing a 2% inflation fee can be challenging, as evidenced with the aid of using January CPI figures. The senior marketplace analyst from City Index cited that the Fed is taking a long-time period view in their course to 2% inflation, which lets in for a few deviation alongside the way. This sentiment is regular with remarks from Fed officers after the discharge of a better-than-predicted inflation document. The greenback index, a gauge of the dollar towards a basket of six fundamental currencies, consolidated beneathneath a three-month excessive of 104.ninety seven hit on Wednesday, in advance of americaA retail income document for the month January. It became ultimate recorded at 104.69.
Short
by Chart_MasterPro
AUDUSD to find buyers at current support?AUDUSD - 24h expiry Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. Risk/reward is ample to call a buy trade. Price action looks to be forming a bottom. Bullish divergence can be seen on the 4 hour chart (the chart makes a lower low while the oscillator makes a higher low), often a signal of exhausted bearish momentum, or at least a correction higher. We look to Buy at 0.6520 (stop at 0.6496) Our profit targets will be 0.6580 and 0.6595 Resistance: 0.6560 / 0.6590 / 0.6615 Support: 0.6500 / 0.6470 / 0.6445 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
AUDUSD,🟢Is it bullish in the long term? (Details on caption)🟢 Well by examining the AUDUSD weekly chart we can figure out the market structure shifted after pairing the smart money buy orders on the mean threshold of the weekly bullish order block. Then the price rose to the bearish rejection block which formed below the buyside liquidity and the price dropped to grab the liquidity below the equal lows and reached the weekly bullish order block. Now, we can expect the price to rise from here or it may move down more and have a bullish reaction to the mean threshold of the weekly bullish order block. 💡Wait for the update! 🗓️09/02/2024 🔎 DYOR 💌It is my honor to share your comments with me💌
Long
by VahidTradingCR
3
AUDUSD forming a bottom?AUDUSD - Intraday Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. The selloff has posted a correction count on the daily chart. We are trading at oversold extremes. Preferred trade is to buy on dips. We look to Buy at 0.6480. We look to Buy at 0.6480 (stop at 0.6456) Our profit targets will be 0.6540 and 0.6555 Resistance: 0.6520 / 0.6550 / 0.6575 Support: 0.6480 / 0.6460 / 0.6435 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
A Golden Opportunity for Buyers?The AUDUSD has been on a bit of a slide since the end of 2023, but now it's shaping up to look like a solid pick for a short-term buy that could turn into a longer term move here's why. We're hitting a really important spot on the charts - the Monthly BUY zone that popped up last November after a big jump from the low in early October. Back in October, I shared an idea about buying when price dipped below 0.63, aiming for a climb up to 0.68. That’s exactly what has happened (you can check out related post below). Now, if you take a look at the Daily chart below, you'll notice the price is starting to slow as it gets closer to the 0.645 support level, which was a previous resistance area. What’s got me interested in this BUY idea is just as we touched the 0.645 support this week, my TRFX indicator popped up with a strong bullish signal. And when we zoom into the 4-hour charts, we're seeing even more buy signals occurring alongside slowly momentum. All this is telling me it’s a pretty good time to think about buying, aiming for a rise up to 0.67 or even higher. I’m thinking of putting a tight stop loss around 0.642 just in case things go south. But, if it does drop below 0.64, that might just be another chance to buy, as it could mean a deeper dip into the Monthly BUY zone. For now, I’m getting in on this pair and will keep an eye on how things unfold. Hope you found this interesting!
Long
by TheFxAce
12