Aussie Dollar Had Enough?Everything is outlined on the chart to keep it as simple as possible.by SpicyPips1
AUDUSD Will Go Up From Support! Buy! Here is our detailed technical review for AUDUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 0.621. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 0.633 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider114
AUDUSD - ANALYSISHello, everyone! I hope you're all doing well. Today, I want to share my personal view on the Australian Dollar (AUDUSD) with you. Considering how the weekly candle closed and the daily candle closures, I expect the Australian Dollar to move upward. My first target for this bullish move is 0.63368 . Don’t forget, we have Australia’s inflation data coming out next week, which could impact the market! Stay tuned! Trade safeLongby PouyanTradeFX7
Potential Counter Trend Trade for a possible longFX:AUDUSD has been on a steady drop looking at it on the monthly time frame. However it has come to a major Monthly support area and showing some significant slow down in momentum. It is very more than likely to see price bounce off that area and start a bullish move. I will however wait for a break of an immediate structure on the H4 TF retest the area before taking a trade. I recommend proper risk management if considering this trade. Past results does not guarantee future resultsLongby Mbjoey1
AUDUSD Outlook: Reversal or Continuation?Hello, AUDUSD has reached a new 1-year low at 0.61791, and for now, we could see an upward move towards 0.625159. If we encounter another rejection at this level, further downside could follow. However, if price breaks above and holds above this level, a potential reversal may be in play. No Nonsense. Just Really Good Market Insights. Leave a Boost TradeWithTheTrend3344by TradeWithTheTrend33442
AUD/USD at Support into 2025 OpenAUD/USD is testing downtrend support here into the start of the month / year at the lower parallel. The focus is on possible inflection off the 2022 low / yearly open at 6170/88 over he next few days. Bottom line: Rallies would need to be limited to 6348/62 IF price is heading lower here with a close below this pivot zone exposing the 61.8% extension of the 2021 high / 78.6% retracement of he 2020 advance at 6022/45. Published a more in-depth review of this AUD/USD setup earlier today. MBby FOREXcom1
AUDUSD Continues To Fall!Hey Traders, in this week we are monitoring AUDUSD for a selling opportunity around 0.62250 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching 0.62250 support and resistance area. Trade safe, Joe.Shortby JoeChampion3
AUDUSD BUYFundamentally, we should be seeing some buys kicking in for days from here, my top down analysis from monthly support to 1H support has confirmed that for me.Longby Braveyn1
AUDUSD BUYFundamentally we should see this push up for next coming days, this can get tense but am confident the top down technical analysis.Shortby Braveyn2
AUD/USD at a Key Support Level on the Weekly ChartThe AUD/USD pair has experienced a significant decline of nearly 11% without any substantial pullbacks since September 2024. It has now reached a crucial support level on the weekly chart at 0.6200. This recent downward movement has been influenced, in part, by Donald Trump's return to the US presidency. His administration has traditionally prioritised a “putting America first” stance, pledging to reinvigorate the economy and support American industry. Now, the pressing question is: Will the AUD/USD break through this support and continue its fall, or will it experience a bullish pullback in the coming days? The AUD/USD is currently situated in a decisive region. A break below the support could pave the way for further declines, while a successful breach of the downtrend line could initiate a more significant upward movement. Possible Bullish Scenario The AUD/USD could enter a bullish trend if the price breaks above the high of the December 31 candle, approximately 0.6240. Possible Target : The target could be set in the vicinity of the 38.2% Fibonacci retracement level, around 0.6470 (approximately 220 pips above the entry point). Stop Loss : A suitable stop loss may be placed just below the support level on the weekly chart, at about 0.6150 (approximately 90 pips from the entry). Alternative Scenario: Breakdown of Support Conversely, if the price breaks below the support level on the weekly chart, it could signal a continuation of the downtrend, potentially driving the AUD/USD down to the 0.6000 mark within a few days. Key Considerations Investors should remain vigilant regarding upcoming macroeconomic data releases from both the US and Australia, as well as any initial decisions made by President Donald Trump following his return to office. These factors could significantly influence the direction of the AUD/USD pair in the near term. Disclaimer 74% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and if you can afford the high risk of losing your money. Past performance is not indicative of future results. Investment values may fluctuate, and you may not recover your initial investment. This content is not intended for residents of the UK.Longby Marketscom5
AUDUSD Clear cut triangle, extended move in the waitingThis beggining of the year it seems triangles are shaping up and extended moves following breakout are in the waiting. Following yesterday's idea, this one is similar but now on AUDUSD. A clear cut triangle appeared in the 1H chart and the breakout should be happening in the next 24 hours. Better to wait for the breakout to be confirmed in the 4H or ideally in the daily. Then, it is up to you how to play it. I have put a FIB retracement ranging between the main weekly support and resistance, starting from the 2020 low and the 2021 high. The FIB levels match very well the price action and offer good guidance. by Taguspt1
AUD/USD POSSIBLE LONG MOVE! Certainly! Here's the analysis in English: AUD/USD Long Trading Setup Analysis Trade Entry: The price of AUD/USD shows signs of stabilizing, as it has failed to break through lower levels. Recent price action suggests a potential rebound, making the long position an attractive option. The market has not yet broken any significant support levels, indicating that an upward movement is more likely than continued downward pressure. Technical Analysis: From a technical standpoint, the support level around the current price seems to be holding steady. The market has failed to break the bottom, suggesting a potential bounce from this level. This presents a good opportunity to enter a long position. Risk-Reward Ratio: This setup offers a good risk-reward ratio (R:R). For a successful trade, it's recommended to maintain a ratio of at least 1:2, meaning for every unit of risk, we aim for a minimum of two units of profit. This provides reasonable security with significant profit potential. Stop Loss and Risk Management: Remember to place a stop loss at a reasonable distance from the current price level to limit potential losses in case of unexpected market moves. The stop loss should be set at a level that indicates the market has reversed its direction, should a key support level be broken. Effective risk management is crucial for successful trades. Conclusion: Based on the current technical indicators and the stability of the support level, it seems that a long position is a favorable choice at this point. The risk-reward ratio is solid, and with proper risk management and following the strategy, there is potential for profit. Good luck to all traders! Longby MoneyMavenFX118
AUDUSD ANALYSIS The Australian Dollar rises as the Financial Times reported that the PBoC is signaling potential rate cuts this year. The AUD recovered from two-year lows as stronger commodity prices provided support, particularly Oil and Gold. The US Dollar Index corrects downwards from a new multi-year high of 109.56 reached on Thursday. AUD/USD trades near 0.6210 on Thursday, maintaining a bearish outlook as it remains within a descending channel on the daily chart. However, the 14-day Relative Strength Index (RSI) has bounced back above the 30 level, suggesting the potential for a near-term upward correction despite the prevailing downtrend. The AUD/USD pair may find immediate resistance at the nine-day Exponential Moving Average (EMA) at 0.6220, with the next obstacle at the 14-day EMA at 0.6244. A key resistance level is the descending channel’s upper boundary, around the psychological mark of 0.6300.Shortby KingForex0782212
AUDUSD Trade SetupHello, Trend-Based Analysis. Buy the Dips, Sell The Rallies, Also Following the Trend. Let's see where the Price Action takes us, Riding the wave. Potential trade setups based on trend momentum. Technical analysis based on trend identification and momentum, Looking for high-probability setups within the prevailing trend. Analyzing the current market trend and potential future price movement. Focusing on risk management and reward-to-risk ratios. Details is Mentioned in Chart, Read carefully.. . Longby OptionCallPro1
Backtesting AUDUSD Feb 2024Here I have backtested AUDUSD Feb 2024. I am looking to train myself to see patterns and read messages from the market in order to sharpen my technical skills.15:17by Mohussein0
AUDUSD InsightHello, subscribers! Great to see you all. Please share your personal opinions in the comments. Don't forget to like and subscribe! Key Points - The euro has plunged amid concerns over Eurozone growth and the suspension of natural gas inflows via Ukraine. - The Atlanta Fed's GDPNow model lowered its Q4 growth forecast from 3.1% to 2.6%, citing a downgrade in the real private investment growth rate. - U.S. weekly initial jobless claims came in at 211,000, down 9,000 from the previous week, falling short of market expectations. - Tesla's stock price plunged as its annual deliveries slowed for the first time in a decade. This weakened investor sentiment and drove safe-haven demand, boosting the U.S. dollar index. Key Economic Event + January 3: U.S. December ISM Manufacturing PMI AUD/USD Chart Analysis After breaking below the 0.63500 level, the pair dropped to the 0.62000 level for the first time since October 2022. This area near the previous low presents an opportunity for a potential rebound. If a rebound succeeds, a swift short-term rise to the 0.63500 level is expected. However, if the rebound fails, there is a high likelihood of further decline toward the 0.60000 level.Longby shawntime_academy1
🦘🦘 Aussie Kangaroo Returns Home In The OutbackThe Australian dollar has been taking a bath. It’s gone from buying 71 US cents at the beginning of the year to netting you just 63.3 US cents against the benchmark greenback. The dollar is down over the last year against most currencies, and down over the past few weeks against almost every currency. The humble Aussie dollar is suffering in particular against European currencies: Pound Sterling, the Swiss Franc and the Euro. However, even in Japan where the AUD is up over the year so far, it is down in recent weeks. What’s going on? The answer is two-fold. 👉 America’s economy is stronger than expected. And China is weaker, so Chinese yuan has little to no chance of dethroning the US dollar, even as global de-dollarization happens. 👉 Australia gets hit on both of those trades. Difference between 10-Year United States and Australian Govt Debt becomes lower Technical graph for FX:AUDUSD indicates that Aussie has a lot down to deliver. by PandorraResearchUpdated 226
AUDUSD Australian dollars came strong today with a complete market reaction and break of structure. dollar on lower than expected unemployment data print ,kept dxy on bullish pedestal and will continue bullish on sentiment . 07:37by Shavyfxhub0
AUD_USD SWING LONG| ✅AUD_USD is set to retest a Strong support level below at 0.6171 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 0.6224 LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx2212
Audusd In BuyAUD/USD holds its recovery above 0.6200 in the Asian session on Thursday. Disappointing China's Caixin PMI data for December combined with a fresh US Dollar buying fails to deter the Aussie amid a negative shift in risk sentiment on the first trading day of 2025.Shortby MrAlex_175
AUDUSD to continue in the downward move?AUDUSD - 24h expiry Broken out of the channel formation to the downside. Trades at the lowest level in 26-months. Buying posted in Asia. Bespoke resistance is located at 0.6246. The previous swing high is located at 0.6246. We look to Sell at 0.6246 (stop at 0.6276) Our profit targets will be 0.6166 and 0.6146 Resistance: 0.6246 / 0.6271 / 0.6275 Support: 0.6179 / 0.6150 / 0.6130 Risk 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.Shortby OANDA2
AUDUSD Q1 FY25 BULLISH FORECASTIm expecting higher for longer with an aud gaining power against an uncertain dxy im expecting resistance at the following points but with my outlook of the US economy i think we might just test and break every one of them Like Comment Follow Gift Longby Bekiumuzi_Dube5
Is AUDUSD Over Extended?I think the price is over extended with strong evidence of Divergence on the daily chart. I have also overlayed one period higher RSI on each panel 4hr (with daily RSI) and Daily (with weekly RSI) to visualize how the rsi line is related to the 100sma bollinger bands. On the weekly you could notice that the RSI line is below the lower band and might see a pullback reaction. On the Price chart 4hour I have marked the ltf resistance and trend line to see if there will be a shift of Price action. Also notice there is a daily support at 2022 level which market might also test so we cannot ignore that. Overall price action is super bearish with price below the daily 200sma . Indicators Daily chart sma 50 BB 200sma RSI WITH 100SMA BB RSI (defaulted to weekly) with 100SMA BBby JunmadayagUpdated 0