Audusdlong
AUD/USD - Bullish Divergence - Bullish Trend ReversalOverview
FX:AUDUSD was in a bearish trend, however, bullish divergence was formed on RSI and price is currently forming a higher high for the first time!
Analysis & Plan
This trade is risky because price is just forming the first higher high at our entry point. However, we are expecting price to replicate the same bullish reversal after forming bullish divergence (marked on chart) earlier. Currently price is bouncing from a previous support zone as well. Longing break of lower high and expecting price to start a bullish trend!
To catch a falling knife? AUDUSD - 24h expiry -
Previous support level of 0.6619 broken.
We are trading at oversold extremes.
A higher correction is expected.
Previous support located at 0.6564. The hourly chart technicals suggests further downside before the uptrend returns.
Preferred trade is to buy on dips.
Although the anticipated move higher is corrective, it does offer ample risk/reward today.
We look to Buy at 0.6575 (stop at 0.6540)
Our profit targets will be 0.6665 and 0.6680
Resistance: 0.6665 / 0.6780 / 0.6925
Support: 0.6550 / 0.6380 / 0.6170
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.
AudUsdThis pair has made several attempts to breach the 0.6666 support level, but has been unsuccessful thus far. however, there are indications that they may attempt to make a rebound this weekand rise . Unless any significant global developments occur, there are no major news events that are expected to push them in a bearish direction. It is important to note that this is solely my opinion, and traders should not make their trading decisions or take risks solely based on it
AUDUSD - Bearish continuation ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we can see bearish continuation as price took buy stop liquidity and rejected from bearish order block + institutional big figure 0.68000. I will look for shorts position on lower timeframe.
Like, comment and subscribe to be in touch with my content!
AUDUSD: Affection!Greetings to all traders! I have some valuable trading-related information that I would like to share with you ❤️
My prediction is that the Australian Dollar will be influenced by the state of global growth and China's economy, without leaving out any crucial information. I anticipate that as China's economy reopens and experiences more robust growth, the Australian Dollar will strengthen as well.
Stronger growth in China as its economy continues to fully reopen to support Aussie
AUDUSD 100pips setup BREAKDOWN!!!!AUDUSD is currently not showing too many signs for a BULLISH play BUT the DOLLAR INDEX is looking weak which makes a great opportunity for xxxUSD
which is why we are gearing up for a LONG play here.
// #1 ENTRY (Risk Entry, Good Reward) // -: Enter LONG now or wait until at LB (Lower Band) touch
// #2 Entry (Confirmed Entry, Minimal Reward) // -: LONG when we fix ABOVE BL
// INVALIDATION //
On #1 Entry, Set a 40pips SL from LB tap.
On #2 Entry, when price fix back ABOVE BL , the SUITE INDICATORS will print a SL zone on the chart for you, use it.
TARGETS - We are looking at 200EMA on H4 as first TP and max at the AUTOMATED KEY ZONE that comes with the SUITE INDICATORS
P.S I will post money making trades like this everyday and everything you see on my chart is
from the HOOD SUITE INDICATORS, everything you need is right in front on you inside the indicator.
(The key zones, Levels for manipulation, visible SL for invalidation, Alert when trade setup is ready).
No trend lines or complicated analysis, all you have to do is FOLLOW!
AUDUSD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD - Buy idea for a RRR of 15:1. Hello everyone! Hope you all had a great weekend and Ramadan Kareem all.
This week I want to buy FX:AUDUSD , seeing some great lower timeframe structure break and expect price to go higher. Have a setup on the chart I will be taking a 1% risk on for 15% gain.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Good luck everyone!
Regards,
Enzo
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6642 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
Looking for AUDUSD stem dips.AUDUSD - 24h expiry -
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
Short term bias is mildly bullish.
This is positive for short term sentiment and we look to set longs at good risk/reward levels for a further correction higher.
The hourly chart technicals suggests further downside before the uptrend returns.
We look to buy dips.
We look to Buy at 0.6665 (stop at 0.6625)
Our profit targets will be 0.6765 and 0.6785
Resistance: 0.6780 / 0.6925 / 0.7160
Support: 0.6665 / 0.6550 / 0.6380
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.