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Audusdsetup

AUDUSD short setupFOMC meeting result make the fed looking hawkish at this moment, so this condition will support the technical analysis setup. From the technical view, the price can't break through the kumo cloud multiple times, even though the kijun sen (blue line) is below the tenkan sen (red line) on a bearish kumo cloud (the ideal position is the kijun above the tenkan if bearish momentum), but i thing this anomaly supported by the fundamental of fed's hawkish statement. So then I'm confident with this 1:2 risk ratio short setup for AUDUSD. What do you think guys?
Short
by PictoPip
AUDUSD |Still in Uptrend. Go long!When it comes to AUDUSD , right now price is staying near a demand zone and we already seen some rejections from that particular area, which clearly shows the signs of demand. From there we could expect a nice bounce off and good impulse to the upside. On the way to the upside, we should expect a resistance from T1, which was a previous resistance area. From there you may book the partial profit or close the position. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofwizard
AUDUSD |Good Buy opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of A UDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by MaxProfHacker
AUDUSD | SELL Opportunity. Get ready!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see a downward movement. If you are going to go short now, make sure to place the stop below the previous resistance area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by MaxProfHacker
AUDUSD | Buy Opportunity. Get ready to get in!If you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of AUDUSD , I think we are going to see an upward movement. If you are going to go short now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by MaxProfHacker
AUD/USD WILL PUSH DOWNAUD / USD (Australian Dollar vs US Dollar) Aussie dollar will make a new high around 50% area or 61% are which is shown on a chart and after that, we will finish (B) wave there and we will come down for making new low as a (C) wave. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
Short
by anantadhungana
AUDUSD Long with 3 confluences (Zero Indicators) List of confluences: 1. Trendline breakout 2. Breakout and close Key Level around 0.7184* on Daily Chart required as confirmation. This will mean change in market structure and new high created. 3: Inverse Head and Shoulder Pattern which can be seen on both the Daily Chart and The Four Hour Chart. Summary: This trade has a potential Risk Reward (RR) of 3.28 to 1. We will only look of entries on the retest of key level 0.7184*. The trade will be executed either using manual entry or pending order, depending on the location of price after the breakout.
Long
by NDOBObanks
AUD/USD Forex Signal: Sell-Off to Accelerate Ahead of RBABearish View Sell the AUD/USD ahead of the RBA decision. Add a take-profit at 0.6950 and a stop-loss at 0.7050. Timeline: 1-2 days. Bullish View Set a buy-stop at 0.7030 and a take-profit at 0.7100. Add a stop-loss at 0.6050. The AUD/USD pair crashed to the lowest level since July 2020 as investors wait for the upcoming interest rate decision by the Reserve Bank of Australia (RBA). The pair also dropped sharply after the latest US jobs data. AUD/USD Forecast The four-hour chart shows that the AUD/USD pair has been in a sharp bearish trend in the past few weeks. The sell-off accelerated when the pair dropped below the key support at 0.7170, which was the lowest level in September. The pair has also moved below the 25-day and 50-day moving averages. Therefore, there is a possibility that the bearish trend will continue ahead of the RBA decision. The drop will likely be saved by a relatively hawkish RBA statement. RBA Decision The AUD/USD declined after Australia confirmed the community spread of Omicron, the latest variant of COVID-19. In a statement during the weekend, the country’s health ministry confirmed that 5 people had contracted the new variant in Sydney. There are worries that more people will continue to contract the illness. Therefore, there is a likelihood that this variant will have an impact on the RBA, which started its meeting today. Before the Omicron variant, most analysts were expecting that the RBA will tweak its statement about when it will start hiking interest rates. In the previous meetings, the bank insisted that it will hike interest rates in 2024. Therefore, the next key catalyst for the AUD/USD will be the RBA statement on interest rates even as the government comes up with solutions on the virus. It is unclear whether the Australian government will impose new lockdowns to curb the new spread. The uncertainty of the RBA comes at a time when the Federal Reserve has hinted that it will start embracing a more hawkish policy. In a statement last week, the Fed Chair confirmed that the bank will unwind its $100+ billion quantitative easing policy earlier than expected. Powell also noted that the current variant will likely lead to higher inflation in the country. He also warned that the variant will affect job creation. Data published on Friday showed that the US economy is seeing slow job growth. The economy added more than 240k jobs in November, lower than the expected 500k+.
Short
by SmoothJB
AUD/USDThe Australian dolar has been falling sharply, due to risk-off sentiment hitting hard as concerns rise about the economic impact of the new omicron coronavirus variant. The Australian economy is already contracting sharply, as was revealed by last week’s GDP data which showed a quarterly contraction of 1.9%. The USD is relatively strong, so this pair is a major focus of the Forex market and has seen lots of action. The price of this currency pair ended last week right near its low after falling by more than 1.66%, closing at an 18-month low price with strong bearish momentum. These are all bearish signs and there is a good chance that the price will see another strong fall like last week, so there will probably be an opportunity for a short trade here.
Short
by SmoothJB