AUDUSD trade ideas
You don't have to TRADE all the timeQuality trade that is what you want! It is better to have a near 100% small profits in your pocket than to RISK a bigger profit that you are not quite sure of. In this case, I would not meddle with this pair.
Is Trump going to continue devalue the US dollar? We have seen how badly it has been beaten down over the last few weeks. Even so, there will be a pull back before the trend continues. And the chart tells me it could goes both way, breaking up from the rectangle or breaking down.
Both buyers and sellers are trading in a small range , I will leave it to the nibble hands to cherry pick their profits.
On hindsight, it is so easy to make comments like - just buy when it hit the support of the rectangle and sell when it hit the top side , rinse and repeat and make millions. HAHAHA.
And if you take these trades as a very small % of your total investment portfolio , just to spice things up or itchy hands or feeling lucky, whatever you call it, just not make it 100% of your time UNLESS you are really , really, really good. Charting is easy, it is managing your own emotions of greed and fear that is difficult. Somedays you feel out of whack, full of frustration and suddenly you see a setup , usually you would enter position size of 1 but this day, you hit 3x as you were feeling angry.
Lucky you, the market moves in your favour and suddenly you are arm with 3x profits and your mind starts wandering - IF only I could repeat this 2x a week each week , wow, wow. How nice ?And down the rabbit hole you go, sucked by the greatest temptation of GREED, IMPATIENCE and PRIDE.
DISCIPLINE is hard , really hard till it becomes a HABIT. If it is that easy, why would people pay for sports coaches to guide them do the things they already know. Or have someone telling you what to eat to stay healthy. Common sense is not commonly practised. That's what make us humans. And humans have its up and downs and thus trading 1-2x a week help to put the lease on your greed and steer you to the investment path instead.
If trading is that easy, why bother to take a degree, goes for interview and all these nonsense? Still believe in the guy who said he traded in his backyard and make millions ? Maybe , 1 out of a million or more so statistically it is hard. Investing in the SPX or QQQ ETF over the long terms yield better returns, allow you to sleep well and not have anxiety or depression over money.
AUDUSD SHORT FORECAST Q2 W18 D2 Y25AUDUSD SHORT FORECAST Q2 W18 D2 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Intraday 15' order block
✅Tokyo ranges to be filled
✅Intraday 15' order block trading levels
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The Xrest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT
AUDUSD SELL (USD NFP NEWS FRDAY TOMORROW)As the chart looks its building resistance with many wicks, we can most likely see AUDUSD will drop tomorrow as Non-Farm Payroll from USD. It does not seem it will push up as I thought to expect to break the resistance, but still keep a good watch on it.
Take Profit: 0.634 or below
Three Peaks and Domed House
Identification Guidelines
Points Discussion
1, 2 This is the base. It may or may not appear and has no significance.
3, 5, 7 These points form the three peaks pattern. It’s not a triple top where price
needs to peak near the same price. The shape of the peaks may be flat or
pointed. The time between peak 3 and 7 is about 8 months.
4, 6, 8 These are valleys between peaks 3, 5, and 7. The drop to the valley floor
can be considerable (that is, the retrace of the move up from 2 to 3 can
be large).
8, 9, 10 This is the separating decline. Price drops in at least two selling waves (7 to 8
and 9 to 10). The word least suggests there can be multiple selling waves,
so be flexible. The separating decline divides the three peaks from the
domed house, making both look squarish.
10 Valley 10 is always lower than 4 or 6 and often lower than both.
11–14 Price bottoms at 10 and then recovers to form at least two valleys that test
the low at 10. The peaks and valleys here should look symmetrical, not
irregular.
14–23 or 27 The time from turn 14 to 23 should be 7 months and 8-to-10 days, but
the measure from 14 can include peak 27. In other words, be flexible
and don’t exclude a pattern because the duration is incorrect. If price
at 12 or 14 fails to test the low at 10 (or 12 or 14 are absent), then
try using valley 4 or 6 in the 7-month calculation to better predict the
domed house peak.
15 Price rises quickly and steeply to peak 15, forming the left wall of the
first story.
15–20 Look for price to form five waves here, 15–16, 16–17, and so on, ending
at 19–20. Price bounces between peaks and valleys, forming the firstfloor
roof.
20–21 This is the second story’s left wall. It’s the move up to 21 from 20.
21–25 This is the dome of the house. Price forms another set of peaks and valleys,
trying to move to a new high but failing.
25–27 Price drops from 25 and forms a wave 26–27, which may mirror the roof
from 15–20. Point 27, if tall enough, may be the right shoulder of a headand-
shoulders top formed by the move from 21–25.
27–28 Price drops all the way back to the level of point 10 (or close to it). The drop
may be a straight-line run down or it may have several retraces, but price
will eventually make it to the price of 10 (in theory).
Thomas_N_Bulkowski_Encyclopedia_of_Chart_Patterns_John_Wiley_&_Sons
AUD/USD Faces Resistance Rejection – Short Setup in Play!Timeframe: 1-Hour Chart
Analyzing intraday to short-term movement in AUD/USD.
Entry Zone (Supply Area):
Price entered the resistance zone near 0.64160 – 0.64200, indicating a potential short entry.
Bearish Rejection:
Strong wick rejection from resistance suggests sellers are active at that level.
Stop-Loss (Red Box Top):
Placed just above the resistance at 0.64296, guarding against false breakouts.
Target Zone (Demand Area):
Marked near 0.63560 – 0.63600, indicating a potential take profit level.
Risk-Reward Ratio:
The green (reward) area is significantly larger than the red (risk), showing a favorable risk-to-reward setup.
Trend Bias:
Overall bearish structure with lower highs and lower lows, supporting short trade bias.
Trigger Confirmation:
Price rejected resistance and started falling, indicating short trade activation.
My Thoughts #003 I can see that the pair pushed higher. Invalidating my last post.
But I still see sells and here is how?
As you can see the pair made a high and you can see it took out the most recent low that made that high signalling that the pair has choch and I am enter based on this confluence.
1: A choch and Breakout of the trendline.
2: the market went to the most recent supply zone and cleared the equal highs.
The market can invalidate the set up so use proper risk management
Let's do the most.
AUDUSDAUDUSD – Short Setup
Initiated a short position at 0.64061 following supply zone reaction and bearish momentum on the lower timeframes.
🔹 Entry: 0.64061
🔹 Stop Loss: 0.64503
🔹 Target: 0.62677
This setup aligns with a rejection of prior structure and a possible continuation toward the March support zone. Watching for follow-through confirmation with volume and lower highs.
📚 Shared for educational purposes only. Not financial advice.
AUDUSD | Rising Channel Rejection at Resistance Zone (4H AnalysiAUDUSD has been respecting a rising channel since February, but price is now stalling near the top of the structure, just below a strong resistance zone.
• Bearish Rejection: Price has tested this blue resistance box multiple times with wicks showing rejection.
• Key Levels:
• Resistance Zone: 0.64000 - 0.64100
• Support Line: Lower boundary of the rising channel
• If price breaks below the channel, we could see a correction toward 0.63580 and potentially lower.
This setup is ideal for watching bearish confirmation or breakout retest entries. Bullish momentum would need to break and close above the resistance zone for continuation.
AUDUSD - Daily chart, OANDA) - Long; Mid-term research idea.AUDUSD - Australian Dollar / U.S. Dollar (Daily chart, OANDA) - Long Position; Mid-term research idea.
Risk assessment: High {volume & support structure integrity risk}
Risk/Reward ratio ~ 2.5
Entry limit ~ 0.63800 on April 30, 2025
1. Target limit ~ 0.67800 (+6.27%; +0.04000 points)
2. Target limit ~ 0.65715 (+3%; +0.01915 points)
Stop order limit ~ 0.62200 (-2.51%; -0.01600 points)
Disclaimer: Investments in securities markets are subject to market risks. All information presented in this group is strictly for reference and personal study purposes only and is not a recommendation and/or a solicitation to act upon under any interpretation of the letter.
LEGEND:
{curly brackets} = observations
= important updates
(parentheses) = information
~ tilde/approximation = variable value
-hyphen = fixed value
Australian core CPI falls within the RBA target, Aussie shrugsThe Australian dollar has been showing strong movement this week but is calm on Wednesday. In the European session, AUD/USD is trading at 0.6391, up 0.14% on the day.
Australia released the CPI report for the first quarter. The Australian dollar didn't show much reaction, but the data could point to another rate cut from the Reserve Bank of Australia.
Headline CPI remained unchanged at 2.4% y/y, just above the market estimate of 2.3%. The significant news was that RBA Trimmed Mean CPI, the key core inflation indicator, dropped to 2.9% y/y from a revised 3.3% gain in Q4 2024. This is the first time in three years that core CPI is back within the RBA's target band of between 1-3%.
The drop in core inflation is good news for the government, with the national election on Saturday. Australian Treasurer Jim Chalmers jumped on the news, stating that the market expects four or five rate additional rate cuts this year, which would save households with mortgages "hundreds of dollars".
The Reserve Bank is expected to lower rates at its next meeting on May 20, which would mark only the second rate cut this year. After cutting rates in February, the central bank has stayed on the sidelines as US President Trump's tariffs have escalated trade tensions and sent the financial markets on a roller-coaster ride.
In the US, the markets are bracing for some weak data later today. ADP employment is expected to slip to 108 thousand, compared to 155 thousand in the previous release. ADP is not considered a reliable gauge for Friday's nonfarm payrolls, but a weak reading will only increase the anxiety of the nervous markets. US first-estimate GDP for Q1 is expected to slide to just 0.4% q/q, after a 2.4% gain in Q3. If there is a surprise reading from GDP, we could see a strong reaction from the US dollar after the release.
AUD/USD is testing resistance at 0.6403. Above, there is resistance at 0.6431
0.6357 and 0.6329 are the next support levels
Australian CPI Surprise: What It Means for the RBA & AUD/USDMatt Simpson breaks down the latest Australian inflation data and what it could mean for the Reserve Bank of Australia’s next move. Plus, we dive into the AUD/USD, AUD/CAD, GBP/AUD and EUR/AUD charts for key technical setups traders need to watch right now.
AUDUSD(20250430)Today's AnalysisTechnical analysis:
Today's buying and selling boundaries: 0.6402
Support and resistance levels:
0.6475
0.6447
0.6430
0.6374
0.6356
0.6329
Trading strategy:
If the price breaks through 0.6402, consider buying, the first target price is 0.6430
If the price breaks through 0.6374, consider selling, the first target price is 0.6356
Aussie H4 | Falling toward an overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6336 which is an overlap support that aligns close to the 23.6% Fibonacci retracement.
Stop loss is at 0.6235 which is a level that lies underneath a pullback support and the 38.2% Fibonacci retracement.
Take profit is at 0.6463 which is a swing-high resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd (tradu.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Global LLC (tradu.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to Tradu (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of Tradu and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of Tradu or any form of personal or investment advice. Tradu neither endorses nor guarantees offerings of third-party speakers, nor is Tradu responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDUSD 30M CHART PATTERNThis chart represents a technical analysis setup for the AUD/USD currency pair on a 30-minute timeframe. Here's a breakdown of what the chart is indicating:
1. Bullish Pattern (Double Bottom):
The chart suggests a potential double bottom pattern forming around the 0.6374 level.
This is a bullish reversal pattern indicating a potential upward move.
2. Projected Move:
If the price confirms the double bottom and reverses upward, the expected target is the previous high around 0.6448, marked as TAKE PROFIT.
There's also a nearer-term take profit zone around 0.6425.
3. Entry and Stop-Loss:
The implied entry point would be close to the current level or the potential bottom around 0.6374.
A stop-loss is not explicitly marked but would likely be placed just below the lower green support zone, under 0.6370.
4. Risk-to-Reward Ratio:
The green area suggests
AUDUSD SHORT FORECAST Q2 W18 D30 Y25AUDUSD SHORT FORECAST Q2 W18 D30 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Intraday 15' order block
✅Tokyo ranges to be filled
✅Intraday 15' order block trading levels
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The Xrest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT
AUDUSD SHORT IDEAUnder current market conditions, the area near 0.6398 has been identified as a critical resistance zone, where the AI model detects a high-probability trade setup.
From a technical perspective, a clear directional bias based on recent price action patterns. Suppose the market demonstrates increased volume and price stability above key moving averages in the 0.6398 area. In that case, traders are advised to monitor for trend-continuation entry opportunities in alignment with the prevailing momentum.
Profit targets are defined at 0.6372 and 0.6344, corresponding to logical technical support zones. These levels are designed for staged profit-taking across different trade management styles. Stop-loss should be strictly enforced at the designated level; once breached, the strategy is considered invalidated in order to limit potential downside.