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Audusdshort

AUDUSDAUDUSD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step, I analyzed the potential of continuation or reversal. Usually, paying attention to the trend and strength of the trend can greatly increase the accuracy of the analysis. In general, I tried to describe the continuation of the movement in the simplest possible way in the diagram. ⚠️ Disclaimer: This is a personal opinion and you are responsible for any trading decisions.
Short
by HamidRamezani1992
AUDUSD BuyThe Australian dollar trended upward through trade on Thursday as market sentiment improved following reports Credit Suisse will access as much as 50 billion Swiss Franc as a liquidity backstop. Having slipped below US$0.66 on Wednesday the AUD climbed steadily pushing back through US$0.6650 to mark intraday highs at US$0.6665. Better than anticipated domestic employment data helped underpin the AUD and AU rates as the market sought to price future rate adjustments. The events of the last week have dramatically changed the monetary policy landscape with analyst now expecting just one more rate hike before entertaining the possibility of rate cuts. With financial markets still absorbing this last shock price action will continue to be driven by offshore volatility. A sustained improvement in sentiment could help lift the AUD back through 0.67, although we anticipate markets will sideline major bets until after next weeks Fed Policy meeting. With US rate expectations tempered markets will be keenly attuned to the Fed’s response to this latest banking crisis. AUDUSD h1 price is accumulating for a short period of time waiting to be discovered. Today, it is possible that the pair will go to the 0.6700 resistance area. Recommended to buy at current short price 0.6663, SL: 0.6630, TP: 0.6700
Long
by VTmarkets
1
AUDUSD to stall at previous support.AUDUSD - Intraday - We look to Sell at 0.6715 (stop at 0.6745) Buying pressure from 0.6590 resulted in prices rejecting the dip. The current move higher is expected to continue. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Previous resistance located at 0.6717. Our profit targets will be 0.6625 and 0.6550 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.
Short
by OANDA
AUDUSD SellThe AUD/USD had the best day in months on Monday, boosted by a sharp decline of the US Dollar Index (DXY), despite risk aversion. The pair rose almost a hundred pips and stabilized around 0.6675 after hitting five-day highs above 0.6700. The collapse of Silicon Valley Bank (SVB) on Friday triggered a crisis and a run to safety. The rally in Treasury bonds weighed on the DXY, which dropped more than 1% on Monday, falling below 103.70. The US 10-year yield fell more than 4% to 3.50%. The Aussie held relatively well despite market jitters. Volatility is set to remain elevated. If panic persists, it would be more difficult for AUD/USD to hold at current levels or extend the rally. AUDUSD term trend is still down. In today's price it is possible that the price will sweep up to the 0.6700 resistance area again then continue to go down. Recommended to wait to sell to 0.6700, SL: 0.6750, TP: 0.6650-0.6575
Short
by VTmarkets
AUDUSD SellThe Australian dollar is slightly stronger this morning when valued against the Greenback. The Aussie dollar finished the week on a soft note closing at 0.6580 and this saw NZD/AUD back above 0.93. Last week the Australian Dollar fell as the Reserve Bank of Australia (RBA) and Federal Reserve went their separate ways on monetary policy and high beta risk assets met headwinds going into the weekend. The RBA raised interest rates for the 10th consecutive meeting, with rates now sitting 3.5 per cent above where they were when the rate rise cycle began. It’s worth noting that recently financial markets were pricing in a cash rate as high as 4.35 per cent. Ultimately, the peak level of the cash rate is a key piece of the puzzle that will decide the trajectory of everything from home prices to the broader economy. The AUD/USD pair is currently trading at 0.6590. Looking ahead this week and on Tuesday we will see the release of the Westpac Consumer Sentiment and National Australia Bank (NAB) Business Confidence. Both surveys are leading indicators of economic health. On Thursday all eyes will be on the unemployment rate decision by the Australian Bureau of Statistics. NAB is forecasting the unemployment rate to rise sharply to 4.7 per cent next year and 4.8 per cent in 2025 while Commonwealth Bank of Australia (CBA) economist Gareth Aird’s number crunching provides a similar outlook. “We expect the unemployment rate to be 4.3 per cent compared with the RBA’s forecast of 3.8 per cent,” he said. The Australian unemployment rate is currently at 3.7 per cent. AUDUSD h1 price is moving sideways in the 0.6575-0.6640 zone. In the short term it is possible that the pair will fall to the 0.6575 support area once again. Recommended to sell to the current price 0.6640, SL: 0.6690, TP: 0.6575
Short
by VTmarkets
AUD/USD: Short at 1.0570-1.0580 Range Following the remarks of the Chairman of the Federal Reserve, the market has returned to a state of volatility after two trading days of digestion. This volatility is unlikely to be broken before the release of US non-farm payroll data in February, and the market needs such adjustments to repair the impact of the previous sharp drop. Therefore, today's market trend will be relatively simple. In the face of this volatility, the most suitable operation for AUD/USD is naturally to short on rallies. Based on the market situation, the following recommendations are given: Short at the range of 0.6630-0.6640, with targets at 0.6610, 0.6590, and 0.6570, and stop loss to be determined based on individual circumstances. FX:AUDUSD
Short
by investmentMr-X
AUD/USD - Risk as markets price in possible RBA rate hikeThe minutes from the Reserve Bank of Australia (RBA) showed the Board was leaning towards a rate hike of 50bps and dismissing the idea of a pause in rate hikes. Markets expect the bank to raise rates by 24bps at their next meeting and reach a terminal rate of 4.28%. The RBA's recent decision and data regarding the Wage Price Index will likely affect the Australian dollar. The 50bps rate hike anticipated by the RBA will likely put pressure on the AUD, but the actual rate increase could be lessened by weaker-than-expected data from the Wage Price Index. The higher terminal rate of 4.28% could also put further downward pressure on the AUD. Overall, the RBA's actions and the upcoming Wage Price Index data are likely to impact the direction of the AUD. (As written on 21 February 2023) I forgot to post last night
Short
by RomanoRnr
2
AUD/USD:Price May Continue to Drop More After First Take ProfitsUOB Group's Economist Lee Sue Ann and Markets Strategist Quek Ser Leang believe that the AUD/USD may experience further declines in the coming weeks. In the short term, they expected the AUD to weaken but were surprised when it dropped significantly lower than anticipated. They predict that the AUD may drop to 0.6550 before stabilizing, and any rebound is likely to stay below 0.6665. Looking ahead, they had previously expected the AUD to trade within a range of 0.6695 and 0.6820. However, if the AUD were to break and stay below 0.6695, it would indicate weakness in the currency. Unfortunately, the AUD has already dropped below several strong support levels and hit a low of 0.6580. Although they expect the AUD to weaken further, they believe that the decline will be slower and major support at 0.6500 may not be reached anytime soon. The downside risk remains as long as the AUD remains below the "strong resistance" level of 0.6700 over the next few days.
Short
by FOREXN1
5
AUD/USD : Simple bearish setup with good R/RHi everyone! The setup on $AUDUSD is very simple and clear and the chart speaks for itself. Technically, the pair could develop a harmonic structure with first target around 0.6670, but the most interesting thing is that this setup has a very good R/R (>1:3) Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖 Cheers! N.B.: Updates will follow below
Short
by TheAnonymousBanker
13