Audusd Buy Today AUD/USD kicks off the new week on a weaker note in reaction to mixed Chinese inflation figures. A softer risk tone also undermines the Aussie, though subdued USD demand lends some support. Traders might also prefer to wait on the sidelines ahead of the crucial US CPI report on Tuesday.
Audusdshort
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.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDUSD BUYThe AUD/USD pair lacks any firm intraday direction on the first day of a new week and seesaws between tepid gains/minor losses through the first half of the European session. Spot prices currently trade around the 0.6520-0.6525 area, unchanged for the day and remain well within the striking distance of a nearly three-week low touched last Thursday.
AUDUSD: Asia's foreign exchange market is quiet as China's econoMost Asian currencies have been little modified on Tuesday as China`s monetary objectives for 2024 did not buoy markets, even as the greenback steadied in advance of in addition hobby fee alerts later withinside the week .
Anticipation of greater alerts on US hobby prices additionally saved maximum nearby devices buying and selling in tight ranges, specially as remarks from Federal Reserve officers persevered to downgrade expectancies for reduce early.
China's Yuan is quiet because the People's Congress dominates
The Chinese yuan become mildly risky on Tuesday, with the currency's decline tempered with the aid of using a robust midpoint adjustment from the People's Bank of China.
Sentiment closer to the Chinese marketplace advanced little after Beijing set a 5% GDP goal for 2024, similar to 2023. But with a decrease economic deficit goal for the 12 months, traders query asks how possibly this aim is to be accomplished whilst the economic system is not able to reaching it. decrease baseline for assessment with the COVID-19 pandemic.
The Chinese authorities additionally promised greater stimulus measures this 12 months to enhance boom. But the obvious loss of proposed measures has left humans unhappy.
Separately, a personal survey confirmed boom in China's offerings enterprise slowed in February, indicating persevered monetary headwinds for the country.
Asian currencies in trendy are negatively motivated with the aid of using China because of its distinguished economic system withinside the region.
The Australian greenback, which has excessive exchange publicity to China, fell 0.1%, whilst information confirmed an development withinside the country's modern-day account withinside the fourth zone. Article The newspaper study in advance of a capacity development in fourth-zone GDP information, predicted out on Wednesday.
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 SELLAUD/USD delivers strong recovery from 0.6500 on subdued US Dollar
AUD/USD recovers vertically from 0.6490 as the US Dollar turns subdued. The market participants hope that the Fed will announce a rate cut in June. Upbeat Caixin Manufacturing PMI improves the appeal of the Australian DollarT.he 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. CONFMIR SIGNAL
AUDUSD H4 1 March 2024AUD/USD, H4
The Australian dollar recently faced a notable decline, breaking a bearish pattern due to a strengthening U.S. dollar. However, a positive turn occurred with the release of better-than-expected Chinese PMI data, indicating an improved economic performance in China. This positive news provided support for the Australian dollar, allowing it to recover during the Friday trading session in the Asia market.
The AUD/USD pair has declined from its symmetric triangle pattern but has found support at above 0.6485 levels. The RSI remains hovering in the lower region while the MACD crosses below the zero line, suggesting the bearish momentum is easing.
Resistance level: 0.6535, 0.6617
Support level: 0.6484, 0.6410
AUDUSD - Still bearish ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Price rejected from bearish order block and started to fall as I expected in my previous analysis. Now I will look to add short position if price fills the imbalance higher and rejects from resistance zone.
Like, comment and subscribe to be in touch with my content!
AUDUSD 200pips SELL see WHY below.AUDUSD just tanked below the PML - Previous Monthly Low. Considering we didn't get a proper DIVERGENCE on the last Leg we are now expecting this leg to get us the proper DIV leg we have been expecting.
We expect a pullback to the PML then a FLUSH to the next KEY ZONE.
AUD/USD SHORT from .6535AUD/USD has failed to break the 200 EMA on H4 and it looks like the BULLS are in retreat.
On H1 we are below all major EMA levels (25,50,100,200) and the 25 and 50 are now under the 100 EMA. 100, 50 and 25 are gouping together and crossing over each other south.
On the Nadean Oscillator we can see the green buy line is moving south over the signal line and the red SELL line is rising.
The Pivot Point SuperTrend has repelled the price 3 times and AUD/USD BEARS are taking control.
We can get a tight STOP on this trade at .6558 (23 pips) which is today's high.
Target for this trade is open as there's clear daylight between the current price and the next significant support level at .6486 which is the notional target.
It needs to be pointed out that the key WS1 pivot is only 8 pips away and this could support the price but the overall picture looks very BEARISH and I doubt if buyers will come in at WS1 sufficiently enough to deter the BEARS.
AUD/USD The Aussie rose for a seventh day, which is statistically quite rate. That stat alone suggests the bullish sequence is in need of a break, and the technical might just agree.
A wide bearish pinbar formed around the 100 and 200-day EMAs whilst RSI(2) was overbought. From here, bears could seek to fade into retracements within Thursday's pinbar and initially target 0.6500 - a break beneath which brings the lows around 0.6450 into focus.
AUDUSD H1 / Looking For a Short Entry in SUPPLY AREA 📉Hello Traders!
This is my idea related to AUDUSD H1/ I will set a pending order in the supply area, where I expect the price to go bearish. I will look for a short trade (if I will see the confirmation) in the supply area as this is my area of interest.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com
AUDUSD - Potential short ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I want price to continue the retracement to fulfill the imbalance and then to reject from bearish order block.
Like, comment and subscribe to be in touch with my content!
audusd sell 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
AUD/USD SELL STOP at .6545If the price of AUD/USD declines to .6545 then it will have completed a solid M-Top pattern.
This will also be a double top at .6573 where WR1 Pivot sits.
All the signs are looking like AUD/USD BULLS left this market when the price returned to WR1 and now we should see AUD/USD BEARS take control.
Curerntly the price is trapped between the 25 EMA and the 50 EMA on H1 and we would need to see the price break the 50 EMA in order for this trade to trigger.
If the price does head south and the trade is on then we have a natural STOP above the double top and above WR1 at .6578 which would be a 33 pip SL.
Target is initially 1:1 which takes us down to .6518 but AUD/USD will need to break the 100 EMA and the 200 EMA on H1 which will not be easy.
The Pivot Point Supertrend is showing that the price is moving away from resistance and the Andean Oscillator's red SELL line is rising nicely.
A few headwinds for this pair and 19:00 see the FOMC Meeting Minutes which will move the market and either kill this trade or advance it.
Hopefully in just less than 7 hours we can get a b/e or + stop on this trade in case the news gives the USD a lift.
audusd sell saignal. 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
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.)
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.