Audusdsignal
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.
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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.
AUDNZD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AudUsd could rise towards 0.69 (mid-term analysis)Recently, FX:AUDUSD broke above the important psychological and technical level of 0.65 and the pair has reached a high at 0.67.
A normal correction followed and the pair dropped and tested the broken level.
Yesterday's close brings us a bullish engulfing candlestick pattern which could indicate the final of correction and the start of a new leg up.
I'm bullish AudUsd as long as 0.65 remains intact on the daily close basis and the pair could reach 0.69 resistance in the medium term.
AUDUSD Technical Analysis And Trade IdeaThe AUDUSD pair has been showcasing a robust bullish trend recently. Our focal point narrows down to the 1D and 4H time frames, strategically aiming to pinpoint the most advantageous entry positions amidst a substantial price swing that is expected to undergo a retracement phase.
Our primary focus revolves around identifying retracement levels within the 50% to 61.8% Fibonacci zone, an area we favor for optimal entry opportunities. This video delves into the intricacies of price action, market structure, and overarching trends, unveiling pivotal insights into technical analysis.
Throughout this analysis, we delve into crucial elements: market structure dynamics, nuances of price action, trends' patterns, and fundamental technical analysis components. It is crucial to underline that this content serves purely educational purposes. Therefore, it is imperative to refrain from interpreting it as financial advice.
Possible opportunity in Aussie vs USD this week?US dollar
Attention will be paid to key economic indicators that roll out over the course of the week such as the Non-farm Payrolls jobs report, JOLTs job openings, and the ISM Services PMI survey.
Moody's analysis suggests a cooling down of various labor market measures. The uptick in November jobs growth is attributed to the impact of the United Auto Workers strikes in October rather than a substantial resurgence in the labor market.
Aussie Dollar
The Reserve Bank of Australia (RBA) is anticipated to maintain its interest rate in its upcoming meeting on Wednesday, with a 97% probability for the rate to stay at 4.35%. There is only a 3% chance of a 25bps hike to 4.60%. This expectation follows the RBA's decision to raise the Cash Rate by 25bps in the last November meeting.
A surprise decision by the RBA (or even a change in outlook) could see the Aussie dollar spike like the NZ dollar did last week. Look for weak preliminary job numbers coming from the US for extra confirmation of a bullish Aussie outlook.