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D-AUD

Bullish rise?GBP/AUD has just reacted off he pivot and could potentially rise to the 1st resistance. Pivot: 1.9245 1st Support: 1.9162 1st Resistance: 1.9338 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
AUDNZD - Wait For The Next Bearish Impulse!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDNZD has been overall bearish , trading within the falling wedge in red. Currently, AUDNZD is undergoing a correction phase and it is currently approaching the upper bound of the wedge. Moreover, it is retesting strong supply zone marked in green. 🏹 Thus, the highlighted red circle is a strong area to look for trend-following sell setups as it is the intersection of the green supply zone and upper red trendline acting as a non-horizontal resistance. 📚 As per my trading style: As #AUDNZD approaches the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...) 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
2
Bullish bounce of pullback support?AUD/USD is falling towards a support level which is a pullback support that aligns with the 127.2% Fibonacci extension and could potentially bounce from this level to our take profit. Entry: 0.65611 Why we like it: There is a pullback support level which aligns with the 127.2% Fibonacci extension. Stop loss: 0.65182 Why we like it: There is a pullback support level that lines up with the 161.8% Fibonacci extension. Take profit: 0.66400 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Long
by VantageMarkets
AUDJPY H4Let's break down the analysis of the AUD/JPY 4-hour chart step by step. 1. **Key Levels**: - **Resistance Levels**: - 103.859: This is a significant resistance level, as highlighted by the upper black line. - 103.628: Another resistance level, indicated by the upper red line. - **Support Levels**: - 102.653: This is a crucial support level, highlighted by the lower red line. - 100.606: A major support level, represented by the lowest black line. 2. **Current Price**: - The current price is 103.089, which is marked in the middle of the chart. 3. **Potential Scenarios**: - **Bullish Scenario**: - If the price breaks above the 103.628 resistance level, it could move upwards towards 103.859. - If the price sustains above 103.859, it might continue to rise, aiming for higher levels (not shown on this chart). - **Bearish Scenario**: - If the price breaks below the 102.653 support level, it could decline towards 100.606. - A break below 100.606 would be significant and could indicate further downside potential. 4. **Price Action Analysis**: - The price has been moving within a range between 102.653 and 103.859, indicating consolidation. - There have been previous instances where the price tested these levels, showing their importance. 5. **Arrows and Possible Movements**: - The upward arrows indicate potential bullish movements if the resistance levels are broken. - The downward arrows show potential bearish movements if the support levels are broken. 6. **Market Sentiment**: - The chart suggests a neutral sentiment currently, as the price is within the range and has not broken out decisively in either direction. In summary, traders should watch the key levels of 103.628 and 102.653 closely for potential breakouts. A move above 103.628 could signal bullish momentum, targeting 103.859 and higher. Conversely, a break below 102.653 could indicate bearish momentum, potentially aiming for 100.606.
by Sibonginkosi_Sithole-Job3
Gbpaud, went higher as mentioned last weekHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Gbpaud likely should have more upside to come .Euraud has similar setup but will go for gbpaud instead. Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
Bearish drop?The Aussie (AUD/USD) has reacted off the pivot which acts as a pullback resistance and could drop to the 1st support. Pivot: 0.6678 1st Support: 0.6637 1st Resistance: 0.6698 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
1
AUD/USD Gains Momentum Following RBA Governor's RemarksThe AUD/USD pair is gaining traction after the Reserve Bank of Australia (RBA) Governor Michele Bullock indicated on Wednesday that the central bank is prepared to raise interest rates if the Consumer Price Index (CPI) does not return to the target range of 1%-3%, as reported by NCA NewsWire. This hawkish stance has provided a boost to the Australian Dollar, reflecting increased market confidence in the currency. Technical Analysis Overview From a technical perspective, the price action on Tuesday saw the AUD/USD pair touch and rebound from the 61.8% Fibonacci retracement level, initiating an initial bullish impulse. However, this upward movement was reabsorbed during the day. Today, we are looking to buy on dips, anticipating another bullish impulse. On the H4 chart, a divergence has been observed, reinforcing our bullish bias. This technical indicator suggests that despite some retracement, the overall trend remains positive, and the market may be poised for further gains. Key Factors Influencing AUD/USD 1. RBA Governor's Statement: Michele Bullock's remarks have underscored the RBA's readiness to adjust interest rates to control inflation, providing a strong bullish signal for the AUD. 2. CPI Concerns: The emphasis on the CPI returning to the 1%-3% target range highlights the RBA's commitment to price stability, further influencing market expectations regarding future monetary policy adjustments. Market Strategy Given the current technical setup and the fundamental backdrop, our strategy involves looking to buy on dips. The rebound from the 61.8% Fibonacci level and the observed divergence on the H4 chart support this approach. We anticipate that any pullbacks will provide buying opportunities, with the expectation of a renewed bullish impulse. Conclusion The AUD/USD pair is showing positive momentum following the RBA Governor's comments about potential interest rate hikes if inflation targets are not met. From a technical standpoint, the pair's behavior around the 61.8% Fibonacci retracement level and the divergence on the H4 chart support a bullish outlook. As a result, the current market environment presents an opportunity to buy on dips, positioning for another bullish move in the AUD/USD pair.
Long
by FOREXN1
3
AUDCHF Bottom of Channel Up. Buy opportunity.The AUDCHF pair gave us a solid sell signal last time (April 05, see chart below) but then broke above and established a Channel Up: The price is now at the bottom (Higher Lows trend-line) of that Channel Up, below the 1D MA50 (blue trend-line), calling for a short-term buy amidst the start of the next Bullish Leg. On top of that, the RSI is approaching its 1-year Support Zone, which every time it was touched, the price rallied by at least +4.50%. As a result, we remain bullish as long as the 1D MA200 (orange trend-line) is intact and attempt a first buy now, targeting 0.61750 (+4.50%). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
Bearish drop off 61.8% Fibonacci resistance?The Aussie (AUD/USD) has reacted off the pivot and could potentially fall to the 1st support which is a pullback support. Pivot: 0.6670 1st Support: 0.6627 1st Resistance: 0.6697 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Channel pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6336, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: 1st Support – 1.6282 2nd Support – 1.6242 Stop-Loss: To manage risk, place a stop-loss order above 1.6390. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_FOREX_TRADING
3
EURAUD Still bearish within the Channel Down.This is basically an update to our last EURAUD analysis (April 05, see chart below) two months ago: As you can see the price was rejected at the top of the 1-year Channel Down but since May 07 has turned sideways. In fact, looking at the 1D RSI, we see a Higher Lows Bullish Divergence since April 09, while the price was on Lower Lows. This is similar to the Higher Lows that started on December 01 2023 and resulted in a Bullish Leg of +3.39%. As a result, we are taking profit on our sell position and open a buy, targeting 1.6550 (top of the so far dominant Channel Down). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
GBPAUD Sell every riseThe GBPAUD pair eventually hit our 1.9000 Target after our latest sell signal on April 04 (see chart below): The price is now consolidating around the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) cluster, imitating the late October 2023 consolidation. As long as it stays below the Lower Highs Zone, is will initiate in our opinion the periodic Bearish Leg towards the 1-year Higher Lows trend-line (green Cup). Our medium-term strategy involves targeting the 1.89100 Support for lower risk. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
Heading into overlap resistance, could it reverse from here?GBP/AUD is rising towards a resistance level which is an overlap resistance level which lines up with the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 1.92017 Why we like it: There is an overlap resistance level which aligns with the 161.8% Fibonacci extension. Stop loss: 1.92340 Why we like it: There is a pullback resistance level. Take profit: 1.91362 Why we like it: There is a pullback support level which lines up with the 50% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Short
by VantageMarkets
Falling towards 23.6% Fibonacci support, could it bounce?Aussie (AUD/USD) is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 0.6669 1st Support: 0.6644 1st Resistance: 0.6713 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
AUDNZD Know when to buy and sell. Strong pattern ahead.The AUDNZD pair is currently consolidating exactly on the 1D MA200 (orange trend-line) following the May 07 rejection near Resistance 1, which resulted in a strong sell-off. We expect this sell-off to extend at least as low as the 0.618 Fibonacci retracement level (blue) and then rebound towards the Symmetrical Resistance Zone, approximately on the upward 0.618 Fib (black). Our long-term Target is eventually 1.06600 (near Support 1). Our projection is based on the similar price action of June- July 2023. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Short
by TradingShot
1
Trade Like A Sniper - Episode 13 - AUDNZD - (3rd June 2024)This video is part of a video series where I backtest a specific asset using the TradingView Replay function, and perform a top-down analysis using ICT's Concepts in order to frame ONE high-probability setup. I choose a random point of time to replay, and begin to work my way down the timeframes. Trading like a sniper is not about entries with no drawdown. It is about careful planning, discipline, and taking your shot at the right time in the best of conditions. A couple of things to note: - I cannot see news events. - I cannot change timeframes without affecting my bias due to higher-timeframe candles revealing its entire range. - I cannot go to a very low timeframe due to the limit in amount of replayed candlesticks In this session I will be analyzing AUDNZD, starting from the 12-Month chart. - R2F
Education
by Road_2_Funded
Bearish drop?GBP/AUD has reacted off the pivot and could potentially drop to the 1st support which has been identified as an overlap support. Pivot: 1.91692 1st Support: 1.90355 1st Resistance: 1.92457 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets