Audusdsignal
AUDUSD BuyThe Australian dollar has initially fallen during the trading session on Monday, but then turned around to go straight up in the air. By doing so, the market has slammed into the 50-Day EMA, causing the market to struggle with a major technical level. Keep in mind, the area between the 0.67 and 0.68 level has been extraordinarily important in the recent past, and a break above the 0.68 level would be a major victory for the Aussie dollar.
If we do break above the 0.68 level, the first target will be the 200-Day EMA, which sits just above there. Alternatively, if we turn around right here, we could see the market down to the 0.67 level again. Anything below the candlestick for this massive day on Monday would obviously be very negative, and I think at that point you would have to start selling hand over fist. There is an argument to be made for some type of bearish flag trying to be formed, but you can also still make an argument for an ascending triangle. Because of this, I suspect that retail traders will continue to be somewhat confused, and therefore we will continue to see a lot of conflicting opinions.
AUDUSD h1 main trend is still bullish. However, now traders need to wait for another deep correction of this pair to have the best buying opportunity. Recommended to wait to buy to 0.6750, SL: 0.6710, TP: 0.6820
AUDUSD - Sell idea for a 10:1 RRRHello everyone! Hope you all had a great weekend and Ramadan Kareem all.
I found a great sell opportunity for FX:AUDUSD . Entering at prices as mentioned on the charts. Risking 1% for 10% profit. Keep in mind, when invested amount is made, I will book some profits and let the rest run. Good luck!
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. Together we win!
Regards,
Enzo
AUDCAD 31 March 2023Analysis:
Inverted Cup and handle in 1 hr time frame
In 4 Hrs Time frame possible Head and Shoulder
neck line intact. In 1 hour also Bearish Flag in
process but still lowest point of flag in not breached.
Short Call, Short on strength bases.
TRADE PALN:
SELL STOP 0.90399
STOPLOSS 0.91046
TARGET 1 0.89783
TARGET 2 0.89149
AUDUSD top-down analysisHello 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 - Bearish price action ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bearish market structure from daily perspective, so I am looking for shorts. I expect bearish continuation as price rejected from bearish order block. My target is sell stop liquidity and the imbalance lower.
Fundamental analysis: Tomorrow we have news events on USD, will be released final GDP for first quarter of 2023. The forecast for GDP is to remain the same as per last quarter, which means we would not have such big moves in market, however we should look for the results in order to validate our analysis.
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AUDUSD top-down analysisHello 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 - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if the MARKET RISK OFF, AUDUSD can SELL to the AUDUSD 0.6642 LEVEL if the MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.
AUD could retest the March lows if the Fed are not that dovishAUD/USD is hinting at a potential swing high on the daily chart. And if my hunch that the Fed won’t be as dovish as market pricing currently suggest, it leaves room for USD strength and a lower Aussie.
AUD/USD seems to have completed a 3-wave retracement which perfectly respected a 38.2% Fibonacci ratio. Our bias remains bearish beneath the cycle highs, and we anticipate a move back to the March lows should the Fed stick to their hawkish guns, given the RBA delivered a dovish hike and dovish minutes this month.
AUDUSD BuyThe Australian dollar is slightly stronger this morning when valued against the Greenback. The Australian dollar jumped to an overnight high of 0.6758, after the Federal Reserve decision. It is testing the critical resistance zone around 0.6760, amid the broad-based Dollar’s weakness. Yesterday, investors looked past the Reserve Bank of Australia’s (RBA) hint of a rate pause as the prevalent selling bias around the US Dollar (USD) turns out to be a key factor that assists the AUD/USD pair to regain positive traction. It is worth recalling that the minutes of the RBA meeting held on March 7 revealed a step down in hawkishness as policymakers only considered a 25 bps hike and agreed to revisit the case for a pause at the April meeting amid the uncertain economic outlook. Looking ahead today and we will see the release of the Conference Board Leading Index a combination of 7 economic indicators related to money supply, building approvals, profits, exports, inventories, and interest rate spreads. Finally, on Friday we will see the release of the Purchasing Managers’ Index (PMI), a survey of about 400 purchasing managers, which asks respondents to rate the relative level of business conditions including employment, production, new orders, prices, supplier deliveries, and inventories.
AUDUSD h1 price is sideways in the 0.6670-0.6730 zone. Today it is possible that the pair will move up to the 0.6730 resistance area once again. Recommended buy to current price 0.6692, SL: 0.6660, TP: 0.6730
AUDUSD BuyAUD/USD remains mildly bid above 0.6700, around 0.6715 by the press time, as upbeat comments from the Reserve Bank of Australia (RBA) Official joins the market’s cautious optimism over the UBS-Credit Suisse deal during early Monday. However, fears of more banking sector rout and anxiety ahead of this week’s top-tier data/events probe the Aussie pair buyers of late.
Christopher Kent, Assistant Governor (Financial Markets), gave a speech on "Long and Variable Monetary Policy Lags" at the KangaNews Debt Capital Market Summit, in Sydney, early Monday morning in Asia-Pacific. The policymaker initially followed the suit of global central bankers while trying to rule out fears of the US and European banking sector fallout. More importantly, RBA’s Kent said that RBA is very conscious of the challenges facing borrowers from rapid rate rises.
AUDUSD main trend is still bullish. Currently on the h1 chart the price is consolidating and waiting for a breakout. Recommended to wait to buy around 0.6690, SL: 0.6660, TP: 0.6760
AUDUSD 4h long entryHello guys,
Today we are going to take a long entry in OANDA:AUDUSD currency pair. Right now, the price is coming down to take the support of 4h time frame . If you look at this currency pair of the 4-hour chart you can clearly see the price is going upward by taking the support its 4hr trendline. So, from here, there is a chance for this currency pair to go up. Once it has given a breakout from the resistance line there will be a big move ahead.
Thanks & regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
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.
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
AUDUSD - CURRENT SITUATION AND FUNDA & TECHNICAL BIAS#AUDUSD
- Currently the MARKET SENTIMENT for AUD is slightly UP SIDE according to the MARKET SENTIMENT. Even now, if RISK ON for AUDUSD happens in the near future, it can definitely go UP. Therefore, AUDUSD currently has an UPSIDE BIAS.
Several RBA HAWKISH COMMENTS have been released. Also USD has become STRONG in short term with FED SENTIMENT. It will most likely be temporary. Therefore, STOCKS and COMMODITIES MARKETS are going down quite a bit. It is heavily influenced by the Australian dollar. And AUSTRALIA INFLATION DATA was very POSITIVE. Due to this, the RBA made a RATE HIKE.
- It is definitely possible to break the AUDUSD STRUCTURE and go up to the higher RESISTANCE LEVEL. Accordingly, AUDUSD can go up to the 0.7127 level. After that, if MARKET RISK OFF, AUDUSD can SELL to AUDUSD 0.6500 LEVEL if MARKET SENTIMENT changes and STOCKS and COMMODITIES start going down. If the dollar becomes strong, you can sell until the level of 0.6552. For that, the MARKET STRUCTURE should be BREAK. And RISK should be OFF.