AUDUSD : Long Trade , 4hHello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow up to the specified resistance level. Good luck.
Audusdsignal
AUDUSD I The Best Place to Go Long Welcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
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AudUsd- An interesting zone to watchAs you know, I've been bullish AudUsd and called for a rise to 0.69 zone resistance.
The target was reached at the end of the year and the pair started to correct immediately after.
Although AudUsd started the year badly, the trend started in November remains strongly bullish and this correction could represent the opportunity for bulls to enter at a better price.
Looking at the posted chart we can see that the recent correction brought the price down to a very interesting confluence of supports, given by the retesting of the falling broken trend line, a drop to the ascending trend line, and the horizontal support.
As long as Friday's low is intact, I'm looking to buy dips.
AUDUSD H4 / Looking for LONG ENTRY 📈 Hello Traders!
This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed.
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.
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AUDUSD: The USD soared amid higher US bond yields, pending key dThe US dollar posted strong gains on the first trading day of the year, supported by rising US yields. Market participants are currently awaiting the release of upcoming US labor market data and European inflation data to determine the direction of central bank policy.
The dollar index, a measure that compares the U.S. currency with six other major currencies, rose 0.7%, its biggest single-day gain since October. This follows his 2% decline in 2023, ending his second consecutive year of increases. Last year's decline was due to market expectations that the US Federal Reserve (Fed) would cut interest rates significantly given the strong economy. The dollar's rise was supported by a rise in U.S. Treasury yields, with the benchmark 10-year Treasury note rising 7.1 basis points to 3.931%, its biggest one-day gain in more than three weeks.
The dollar faced downward pressure last month after the U.S. Federal Reserve signaled a potential rate cut in 2024, but Brown Brothers Harriman & Co.'s head of global currency strategy said: "The market is starting to realize that," Win Hsin said. "The US economy remains strong," he said, suggesting a "soft landing" could result in two or three precautionary cuts by 2024. However, the market is currently pricing in six rate cuts this year. As a result, the dollar could remain "under pressure and vulnerable" until those expectations materialize, Singh said.
AUDUSD SELLHello, According to my analysis of AUD/USD, the market has reached a very important stage. It has reached the strong resistance level at 0.69000. The price has bounced off it several times. We note that the pair reached the top of the ascending channel and was unable to penetrate it upwards. This puts pressure from the bears to fall further. Good luck everyone.
DeGRAM | AUDUSD AB=CD pattern completionAUDUSD is trading in the ascending channel. It is testing the major daily resistance level.
The market created the AB=CD pattern where the D point is complete right at the resistance and channel border.
We expect a price retracement from the structre resistance since the market is overbought and it's bounced off the daily resistance.
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AUDUSD: 0.7150 is our next possible target in 2024?Happy New Year 2024.
AUDUSD, has been bullish in daily timeframe, suggesting a clear move upwards 0.7150 region which is where we will exit our trade. Looking at the current price momentum it is clearly notable that price has already retraced and it is very likely it will rebound strongly in days to come. Entry can be available when the market opens where with 50-80 pips stop loss a long entry worth it. With the take profit of 600 pips, a great risk to reward.
AUDUSD is expected to increase strongly after breaking the downtThis transaction is long-term, guys
AUDUSD: AUD's growth rate is relatively slow, but relatively sustainable. The current Australian dollar trading scenario is relatively positive and clear. Ace may consider keeping its buying strategy in AUDUSD. The pair has broken the downtrend, so this uptrend can move up to the 0.6900 area.
AUDUSD : Short Trade , 4hHello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has reached the indicated key level. We expect this level to act as a resistance level and the price will fall to around 0.66200. If the price cannot break this support level, we expect it to maintain its upward trend and the price will test the specified resistance level again. Good luck.
AUDUSD: 21/11/2023 UPDATEDear Traders,
AUDUSD has broke down the bearish trend and currently making higher highs indicating further buying control in coming days, therefore here we have got a third entry for buying AUDUSD, if you have missed first two. Enter with accurate risk management and do your own research while considering taking any buying position with AUDUSD.
AudUsd broke the falling trend line resistanceIn my last week's AudUsd post, I wrote that the pair has bullish perspectives as long as 0.65 support remains intact.
Indeed, this was the case and, after a few days of consolidation above this important support level, aUDuSD reversed to the upside but, more importantly, broke above the falling trend line resistance.
My outlook remains bullish for this pair and I expect my target of 0.69 to be reached.
Negation comes with a fall back under the trendline
AUDUSD Sell/ShortAUDUSD is currently rejecting its main resistance point on this higher low from the daily perspective. Clearly a downtrend is the next move from here with pressure sells happening. Below are the SL, TP, and entry for AUDUSD. Please use proper risk management.
AUDUSD
Sell/Short
Entry: 0.66149
Take Profits:
TP 1: 0.65116
TP 2: 0.62191
SL: 0.66878
2-5% risk capital.
AUDUSD I Potential long from support pending USD PPIWelcome 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!
DeGRAM | AUDUSD pullback to support, trend continuationAUDUSD is creating the AB=CD pattern.
The market broke out of the resistance that became a support.
Price is approaching the support level and 50% fibo levels.
We expect a classic breakout pullback continuation pattern.
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AUDUSD: UBS: The Fed will still be cautious and declare the needUBS comments ahead of the December 12th and 13th FOMC meeting:
The Summary Economic Outlook (SEP), released at the same time as the December policy statement, says there will likely be at least one, and more likely two, rate cuts in 2024. .
While the market is happy with the FOMC's rate cuts, UBS expects the committee to be a little more cautious.
The cumulative rate cuts deemed appropriate by a majority of FOMC officials over the SEP's forecast period are expected to be approximately 250 basis points.
It's still too early to declare victory over inflation
Even if the FOMC cuts rates, the Fed is likely to continue warning that it is prepared to raise rates again if there is any doubt that inflation is falling.