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Aussiedollar

EURAUD Long EODEuro Inflation data out this week, as well as the Aussie CPI. From TD Securities, talking about the Euro HICP: Softer energy inflation likely continued to weigh on headline inflation in the EZ. That said, on a m/m basis, energy inflation likely stayed resilient, in part as subsidized prices won't have declined by as much as wholesale prices. Core will be the main focus though, and another strong print will add more pressure on the ECB to keep hiking in 50bps clips after Mar. Wednesday, March 1st, watch out for a drop in the Australian headline inflation data!
Long
by Macrobriefing
EUR/AUD Long-Term Idea 💡 EUR/AUD has been in an overall downtrend for weeks but has recently broken that trend line. I have condensed down to the 12hr chart to show both short and long term possibilities using a mixture of the dow Jones theory with market structure and fibonacci. It is still possible to see price push lower but in the events of a new uptrend, this is what I would expect to see according to confluence. Orange cycle is the lower time frame elliot wave which should form the larger time frame green cycle following the new uptrend. Green dashed line is the 1.382/1.618/2.0 fibonacci levels of cycle 1 completion highlighted. (Turquoise rectangle is 0.618 of cycle 1). Harmonic patterns are usually located in the correction for a trend continuation however i have not highlighted these for a cleaner chart. This is only a speculation, not to be considered as financial advice. Any positions taken should be done by your own discretion.
Long
by mattharr96
4
AUD/CHF Why Not?OANDA:AUDCHF Sure, why not trade something I don't normally look at. I have to start with this pair at some point. After a couple of close TP misses prior/during the recent Asian session, took a short on the Aussie Swissy heading into a round number before NYSE open. After the opening bell, it slowly chopped and hit my hard 10pip TP, right before the small whiplash "Pending Home Sales" USA release 10:00 am est (UTC-5). My trades are not huge pip amounts, but consistency wins the race. Think rabbit and the tortoise, and the amount of lots on each of my positions. Trade well
Short
by makerup
1
AW Aussie Dollar Analysis - Wave 2 Correction Incoming...Now that I have updated the analysis for the bigger picture, we have a better understanding of the overall structure. That means I will continue to maintain the bullish view unless proven otherwise. At the smaller degree we are looking for the start of Wave 2. We may or may not have topped out so I will be paying close attention at the open. The first expected move down will be Wave A so a strong impulsive move down will be expected. From there we should be able to gauge further short-term trading opportunities throughout the corrective process. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
by AriasWave
4
Joe Gun2Head Trade - AUDUSD looks ready to correctTrade Idea: Selling AUDUSD Reasoning: Rallied into major resistance on the dialy chart. Smnall top on the 60min chart. Entry Level: 0.7069 Take Profit Level: 0.6906 Stop Loss: 0.7122 Risk/Reward: 3.3:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Short
by Signal_Centre
AW Euro & Aussie Dollar Analysis - This Changes Everything...In 2023 I will leave no stone unturned and if I am wrong, I will be the first to admit it. When it comes to my previous ideas about the bigger picture, I was completely wrong. In this video I explain my views of the bigger picture and what I believe is coming next for the Euro and Aussie Dollar. I think it comes down to being able to switch between small and large degree analysis seamlessly. All I had to do was look again at these long-term patterns and everything suddenly cleared up. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
by AriasWave
1
AUDUSD - Approaching overbought extremesRisk 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.' AUDUSD - Intraday - We look to Sell at 0.7160 (stop at 0.7200) There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 0.7136. Daily signals for sentiment are at overbought extremes. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. Preferred trade is to sell into rallies. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 0.7045 and 0.6910 Resistance : 0.7135 / 0.7400 / 0.7660 Support: 0.6910 / 0.6770 / 0.6655
Short
by OANDA
AUD/USD enters bullish trend before CPI release The Price Filter Indicator suggests that the AUD/USD has entered a bullish trend. The indicator has moved above the 0-line and turned green, which is a bullish signal with this indicator. This is the first time the indicator has entered green territory since April last year. The green surface area indicates that the trend reversal to the upside has momentum and could continue moving upwards. This idea of a possible uptrend reversal is supported by the price hovering above the 200 EMA on the daily chart. This breakout above the 200 EMA period happened during the first week of 2023, signaling that this might be a good sign for the pair in terms of buying position. With a current bullish bias, if AUD/USD closes above 0.69870, we might anticipate the price reaching 0.70600, filling out a previous wick's rejection. If the price has enough momentum in the upcoming days, we could expect the price to not only fill the wick to the left-hand side but also continue moving towards the 0.71200 area, which is the next possible resistance. On the other hand, if the pair fails to break and close above 0.69870 convincingly, the price may bounce around 0.7000 psychological resistance and the 0.68850 support level until major fundamental news appears to dictate which way AUD/USD heads in the following days. One such fundamental event will be the Q4 2022 Australian Inflation data due tomorrow (25/01/2023). The annual inflation rate jumped to 7.3% in Q3 of 2022 from 6.1% in Q2, beating expectations of 7.0%. Consensus forecasts for Q4 are for a modest rise to 7.4% or 7.5%, although some analysts are forecasting inflation to be 7.7% and above, pointing to recent data from UBS that showed supermarket prices rose an average 9.2% YoY in October-December 2022 up from the +8.2% recorded in the previous three months.
by BlackBull_Markets
AW Aussie Dollar Analysis - Another Look at the Bullish View...It is my job to present you with all of the possibilities. Here we go back to the bullish view, and I show you the potential for the beginning of a larger move higher. There is still plenty of time to prepare for this move and potentially even trade it within the correction that I believe is unfolding. This is a time sensitive update if you want to trade the corrective portion, so I suggest you get busy learning about this interpretation. I will be posting a major update for the Euro shortly. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
by AriasWave
2
EURAUD: Bullish Continuation Ahead! Your Plan: 🇪🇺🇦🇺 I spotted 2 important breakouts on EURAUD on a daily chart: first, the price broke and closed above a neckline of a triple bottom formation, then, the market violated a resistance line of a falling wedge pattern. We see the retest of broken structures now. I expect a bullish wave next week. Goals: 1.578 / 1.5915 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
10