Audusdlong
AUDUSD Long idea.
AUDUSD may be experiencing a reversal in price soon, since November 2023 we have started to experience a reversal of direction we have become more bullish, recently we had a big pump-up in price which may suggest a more aggressive approach from the buyers. On the fundamental side, we have seen a drop in unemployment which will correspond with a stronger currency.
AUDUSD LONG (345 PIPD ) READ DESCRIPTIONThe analysis for AUD/USD suggests that the currency pair is currently at a significant daily support and demand zone, ranging from 0.64840 to 0.65170. This zone is crucial as it represents an area where significant buying interest has historically emerged, indicating strong demand for the Australian dollar. Big players and investors have shown keen interest in long entries within this zone, with the total net position of longs standing at 81% compared to 19% shorts. Last week alone witnessed a substantial influx of 45,600 long entries, further highlighting the bullish sentiment surrounding AUD/USD.
From a technical standpoint, AUD/USD exhibits low volatility, with an Average True Range (ATR) of 0 and a total intraday range of 148.5%. Despite the lack of significant price movement, the currency pair remains within the identified support and demand zone, reinforcing its importance in guiding market sentiment.
Our proposed trade strategy involves setting a small 40-pip stop loss to mitigate potential losses. With a target of 345.4 pips and a profit potential of 5.39%, the risk-to-reward ratio stands at a favorable 6.86. This implies that the potential reward outweighs the risk by a significant margin. Additionally, two target prices are set to capture potential profits at different levels, providing flexibility in managing the trade.
As with any trading endeavor, it's essential to always manage risk diligently. Traders should adhere to their risk management strategies and adjust position sizes accordingly to protect their capital. Furthermore, open communication is encouraged to address any confusion or uncertainties that may arise during the trading process.
In summary, the analysis suggests a bullish outlook for AUD/USD, supported by the presence of a significant daily support and demand zone and favorable investor sentiment. By implementing a well-defined trading strategy and managing risk effectively, traders aim to capitalize on potential price movements while safeguarding their investments.
AUDUSD BUY AT MARKET PRICEI analysed it, There is buying opportunity for AUDUSD at market price and Price should go up
Buy 0.65100-0.65300
Target 0.66500 - 0.67500 - 0.68000
SL 0.64800
This is my analysis for AUDUSD
AUDUSD - Bullish continuation ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I expect bullish continuation after price filled the imbalance and rejected from trendline + support zone. This move is supported by weak USD after news.
Fundamental news: Tomorrow we will see results of Unemployment Rate on AUD, news with high impact on currency.
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#AUDUSD: 500 pips buying opportunity with great Risk to Reward.AUDUSD, currently trading at the perfect area to take a swing buy entry, we already have two entries which are currently active. This can be a third entry, which is available to take right now with 100 pips stop loss and 700-800 pips as in take profit. Waiting for price to be extreme bullish in soon time.
Trade safe!
AUDUSD: AUDUSD prediction todayIn Australia, the Reserve Bank of Australia (RBA) is predicted to preserve hobby prices at its personal coverage assembly today, with nearby banks predicting no fee modifications till at the least overdue August. Carl Ang from MFS Investment Management commented that strong and guiding coverage prices are predicted amid excessive uncertainty, with a clearer inflation outlook wished earlier than any symptoms and symptoms of dovishness or fee cuts Which fee?
The Australian greenback observed a few guide early withinside the week from fantastic China records however remained beneath a two-month excessive of $0.6667 reached in early March on a robust US greenback move up. The New Zealand greenback additionally fell, buying and selling at $0.6079.
The euro rose barely 0.02% to $1.08735 and the British pound fell 0.05% to $1.2723. The greenback`s restoration became fueled with the aid of using current US monetary records displaying continual inflation, inflicting traders to re-evaluate their expectancies approximately the Fed's direction to hobby fee cuts.
The Fed's upcoming coverage choice this week is likewise in focus, with markets searching out symptoms and symptoms of whilst the crucial financial institution may begin slicing hobby prices. Goldman Sachs leader economist David Mericle has adjusted their forecast, now projecting 3 fee cuts with the aid of using 2024, down from four.
The greenback index, which tracks the dollar towards a basket of currencies, rose 0.02% to 103.60, after hitting a two-week excessive of 103.sixty five withinside the preceding session.
audusd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Potential ABCD pattern...After breaking 0.6550 level, Aussie retested this level and ready to strong again.
ABCD pattern can firm and push Aussie higher.
Trade safe.
Good luck.
AUDUSD
AUDUSD appears to be exhibiting a bullish bias on the 4-hour timeframe, potentially following a bullish flag pattern alongside Elliott Wave theory indicating a completed 12345 sequence. The recent upward movement is supported by a retracement of approximately 61% within the context of Elliott Wave's fourth wave completion, suggesting further upward momentum may be likely. Traders could monitor for confirmation signals to capitalize on potential bullish opportunities in the near term.
AUDUSD LONGAUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical and fundamental analysis when trading this pair.
Australian Dollar extends losses after stronger US PPI data. Australia's S&P/ASX 200 Index tracks losses on Wall Street overnight. People's Bank of China has maintained the 1-year MLF rate at 2.5%. US Dollar strengthened as the Fed is expected to prolong its higher interest rates.
The Australian Dollar traded near 0.6570 on Friday. Immediate support is seen around the 50.0% retracement level of 0.6555, which aligns with the major support at 0.6550. A breach below this level could exert downward pressure on the AUD/USD pair, with potential support at the 61.8% Fibonacci retracement level of 0.6528, followed by the psychological level of 0.6500. On the upside, the AUD/USD pair may encounter a barrier around the nine-day Exponential Moving Average (EMA) at 0.6583, preceding the psychological barrier at 0.6600. A breakthrough above this level could lead the pair to revisit the weekly high of 0.6638, followed by the major level of 0.6650.
AUDUSD ELLIOT WAWE PRINCIPLEAll drawn lines were made by measuring on Fibonacci. Buying and selling points are indicated on the lines. These are my personal opinions. It is not investment advice.
AUDUSD: Dollar steady, CPI data awaitedThe dollar index and dollar index futures steadied above the 102 level on Monday, after recording sharp declines last week.
The greenback was beset by comments from Fed Chairman Jerome Powell that the central bank was close to having enough evidence of easing inflation. Powell also made clear that he does not expect inflation to reach 2% to begin considering interest rate cuts.
Adding to this pressure, data on Friday showed nonfarm payrolls rose more than expected in February. But January's figures were revised significantly lower, while other figures showed unemployment rising, suggesting the labor market has cooled somewhat.
Powell's comments kept markets more focused on Tuesday's CPI data, especially as several other Fed officials also signaled that any rate cuts by the Fed would depend largely on the path of inflationary
AUDUSD still bullishI'll take my chance if price falls to my sweet spot area to long below 0.6590
final target would be above 0.680 . first tp should be around 0.669 . and i will follow trough a partial exit plan
the very crowded price zone from 0.6730 to 0.6770 would be easily covered by the way
AUDUSD high probability possible 1000 pips tradehello guys ,
today we are looking at AUDUSD , this pair provides a very good opportunity for a bullish setup
on the daily tf the price made a double bottom and broke its neckline however on friday the daily candle closed as an inverted hammer.
it is possible that the price might pullback towards the neckline to do a retest that also overlaps with the 4h orderblock which is going to be my point of interest and my entry point . id wait for confirmation to enter on 50% of the OB.
AUDUSD I Pre-NFP Analysis brief pullback and more growthWelcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDUSD BUY Expecting a strong buy to the 0.68000 zone, after creating an inverse head and shoulder, breaking the trendline, coming back for a retest before the buy continuation
AUDUSD BUY Expecting a strong buy to the 0.68000 zone, after creating an inverse head and shoulder, breaking the trendline, coming back for a retest before the buy continuation
AUDUSD
In the AUD/USD 4-hour timeframe, a bullish trend appears imminent following a falling wedge breakout after completing its 5th wave. Currently, the pattern seems to conform to an ABC correction, with the last impulse correction nearing 78% completion. A breakout confirmation from the bullish flag pattern suggests a favorable entry point for traders anticipating further upward movement.
AUDUSD COUNTER-TREND LONG & POTENTIAL SHORTI wan to use a 5min entry to catch the buys for the sells. While waiting, make sure to manage risk a trail SL when price has broken above 0.64975. I can see a potential entry here and go short only if price present and opportunity for me on the 5min. Mind you this zone can be used as liquidity to get early sellers in the market while it mitigates the upper zone which looks more potential to me, so lets look out for that too, only enter when you see a confirmation.
See comment for 5min entry for the counter-trend long. Cheers
AUDUSD LONGThe AUD/USD pair delivers a V-shape recovery from 0.6490 as investors hope the Federal Reserve (Fed) will start reducing interest rates from the June policy meeting. The Aussie asset recovers sharply as the US Dollar comes under pressure.Meanwhile, the Australian Dollar performs stronger on February's upbeat Caixin Manufacturing PMI. Surprisingly, the economic data rose to 50.9 from expectations of 50.6 and the prior reading of 50.8. The Australian economy is China's leading trading partner, and an improvement in the latter's economic prospects eventually strengthens the confim signal
AUD/USD: Bulls
The Australian Dollar (AUD) is looking to break free from its recent slump against the US Dollar (USD). Recent price action suggests a potential long opportunity, with external liquidity providing support at the bottom of the consolidation zone.
Here's why the AUD/USD might be ready to charge:
External Liquidity Boost: Fresh inflows of capital are entering the market, potentially buoying the AUD. This external support could act as a springboard for a breakout.
Consolidation Breakout: The AUD/USD has been consolidating for some time, forming a well-defined range. A clean break above this range, especially with increased volume, could signal the start of a new uptrend.
Long-Term Target: The original consolidation zone, once broken, could act as a potential profit target for long positions.
Remember: This is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any trading decisions.
Stay tuned: We'll keep an eye on the AUD/USD and provide further updates if the breakout confirms.
audusd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
