AUDUSD: Trend in 2H time frameIt is currently in a very sensitive area,
Please pay special attention to the very accurate trend, and colored levels.
Its a very sensitive setup, please be careful.
BEST,
MT
AUDUSD trade ideas
AUD/USD - Waiting for Confirmation: Inverted Cup and Handle PattAUD/USD - Waiting for Confirmation: Inverted Cup and Handle Pattern
AUD/USD is showing a variation of the Inverted Cup and Handle pattern.
This pattern looks promising and, from a fundamental perspective, is supported by the likelihood that the FED may avoid aggressive interest rate cuts.
For the price to push down further, it needs to move below the support zone of the pattern, which is located near 0.6700, as indicated on the chart.
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
AUDUSD 15M CHoCH, OB, IMBShort 15M AUDUSD short position buy because daily is still bearish, there is a chance that price will fill the FVG too. Do at on your own risk
Risk-on Risk-off Report, October 22, 2024As of October 22, 2024, market sentiment is exhibiting mixed signals, leaning towards a slightly risk-off environment. This sentiment is reflected across various asset classes and economic indicators:
Currencies
USD, CHF, JPY: These currencies, traditionally considered safe-havens, are seeing moderate strength. Investors are cautious, as geopolitical uncertainties and a slower global economic outlook have pushed market participants toward these lower-yielding, stable currencies.
EUR, GBP: The Eurozone is grappling with slow economic growth and recent ECB rate cuts, weakening the Euro. Similarly, the GBP remains under pressure due to mixed economic data from the UK.
AUD, NZD, CAD: These commodity-linked currencies are relatively weak due to decreased risk appetite and subdued commodity prices. This trend aligns with a more defensive market stance.
Commodities
Gold: As a classic safe-haven asset, gold is witnessing steady demand amidst uncertainty, indicating investor caution.
Crude Oil & Natural Gas: Prices for crude oil have remained somewhat soft, reflecting concerns about global demand, while natural gas prices have shown some volatility due to fluctuating energy demands.
Bond Yields
2-Year Bond Yields: Yields on U.S. and major country bonds have seen marginal declines, as risk-averse investors seek the safety of government bonds. This aligns with the broader risk-off sentiment, reflecting cautious moves away from riskier assets towards bonds in the U.S., Canada, Eurozone, UK, and Japan.
Stock Indices
U.S., Canada, Eurozone, UK, Switzerland, Australia, Japan: Stock indices are trading with mixed to cautious sentiments. While some indices have seen moderate gains on selective buying, defensive sectors like utilities and consumer staples are attracting more attention compared to high-beta sectors.
New Zealand: Stock markets are subdued as the country grapples with an economic slowdown and tighter monetary policy conditions.
Cryptocurrencies
Total Crypto Market Cap & Bitcoin: The total crypto market cap remains in a consolidation phase, and Bitcoin is holding steady but shows limited upside momentum. Meme coins and high-risk altcoins have seen reduced trading volumes, indicating investors’ reluctance to engage in speculative plays during uncertain times.
This market picture points towards a modest risk-off sentiment, driven by global economic concerns and geopolitical uncertainties. Investors are prioritizing safe-haven assets, stable currencies, and defensive stocks while reducing exposure to riskier assets like emerging market stocks and speculative cryptocurrencies.
AUDUSD at six week lows as sell off extends AUDUSD is trading this morning at .6658 (-0.72%), an almost six-week low, as its bounce to yesterdays .6723 proved short-lived, which coincidentally was the title of the Ozzie article ⬇️ yesterday.
The fall in the AUD/USD came as US yields and the USD extended their gains overnight, continuing to price in a higher chance of a Donald Trump election victory and less Fed rate cuts into year-end.
If the AUD/USD were to see a sustained break of support at .6650/25, which includes the 200-day moving average, it would open the way for the sell-off to extend towards the next downside support at .6575/60.
www.ig.com
AUD/USD: Bearish Outlook with Potential Bullish TurnaroundHello,
OANDA:AUDUSD pair appears poised for additional bearish movement, but there’s a strong sense of optimism surrounding a potential bullish turnaround, which is supported by historical patterns. Caution is warranted in this scenario. Key support levels to monitor are 0.665057, 0.656921, and 0.632512. At this moment, further downside seems quite probable. However, a crucial indicator to watch will be if the price crosses and holds above the 1D pivot point, signaling readiness for another upward move.
TradeWithTheTrend3344
Audusd might go up from here Hello everyone, there’s a strong possibility that the AUD/USD could move higher from its current level.
As always, it's essential to apply proper money management and never trade without setting an appropriate stop-loss. Remember, trading is a game of probabilities, so your success should be evaluated over a series of trades, not just one.
Thanks!
AUDUSD || UpdateBig Moves in Crypto!
Bitcoin Eyes $70,000! BTC pumps 10% this week as US elections heat up. Will it hit new all-time highs?
Yen Traders Brace Themselves!
USD/JPY Hits 150 as Bank of Japan Holds Interest Rates. Big swings ahead for currency traders. What will happen next?
Yet more highs for Gold, Silver rises to 12-year High
Key Points
This week, US leading Indicators, BOC on Wednesday, Eurozone, The UK, and the US PMI’s with Germany’s IFO.
Strong US data provides Dollar Strength, and fresh data will further indicate the strength of the Dollar. Wage Salary growth was 6.3% y/y in August. Q3 GDP is unchanged at 3.4%
Over 90% of betters say analyze that the Fed will cut interest rates by 25bps in November. The US election is also a factor
Technicals
Bears cause a 4.16% move lower towards key support formed on Sept, 2024. This move which retraced to the key level at 0.67 .
Currently, further downside MAY continue as key support levels below 0.662 and 0.656 MAY provide break and retest opportunities to short the pair
Alternatively, a break and retest of resistance levels below at 0.67/0.675 MAY switch the direction of the market.
Key Levels
0.685
0.68
0.67
0.695
AUDUSD / H1 / LONGAUDUSD May Rise from the Bullish Order Block
Entry price :- 0.66682
Take Profit :- 0.67032
Stop Loss :- 0.66414
The AUDUSD pair is currently near a bullish order block, with a range between 0.66687 and 0.66580. Based on the principles of Smart Money Concepts (SMC), the price is expected to rise as it taps into this order block, which often signifies areas of institutional buying. Once the price reaches these levels, there is a high probability of a reversal or upward momentum.
On the upside, there is a bearish order block between 0.67225 and 0.67074, which may act as resistance if the price begins to rise.
Smart Money Concepts (SMC) is a trading strategy that focuses on understanding how institutional traders (banks, hedge funds) move the market. It identifies significant price zones, like order blocks, which often lead to large market movements. Order blocks are areas where "smart money" (large financial institutions) has entered the market. Traders use these zones as potential entry points for trades.
This strategy has a high probability of success as it aligns retail traders with institutional trends, which typically control a large volume of liquidity. Keep an eye on how AUDUSD reacts to the bullish order block for an entry, but ensure proper risk management is in place to account for market fluctuations.
AUDUSD - Bearish Double TOPHello Traders !
The AUDUSD price formed a double top pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
________________
TARGET: 0.66670🎯
AUDUSD SHORTI think the AUDSUSD is going to do to the down side as well based on the same bar and trend analysis. I might be wrong but this is the feeling at get from the sentiment with this analysis.
Image below is of the daily chart
Image below is of the 5hr chart
The indicator im using has both heikin ashi smoothing a regular bar analysis.
AUD/USD continues the downtrendOn AUD/USD , it's nice to see a strong sell-off from the price of 0.67130 . It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
GAP and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
AUDUSD: Bearish Outlook For Today 🇦🇺🇺🇸
I see a nice bearish pattern after a retest of a recently broken support.
The price formed a head & shoulders pattern and violated its neckline.
The price will continue falling now.
Next goal - 0.6666
❤️Please, support my work with like, thank you!❤️
Market Analysis: AUD/USD Could Recover In Short-TermMarket Analysis: AUD/USD Could Recover In Short-Term
AUD/USD is attempting a recovery wave from 0.6660.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar found support near 0.6660 and is now recovering against the US Dollar.
- There was a break above a key bearish trend line with resistance at 0.6690 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair dipped from the 0.6760 resistance zone. The Aussie Dollar declined below 0.6700, but the bulls were active near 0.6660 against the US Dollar.
A low was formed near 0.6658 and the pair is now correcting losses. There was a move above the 50% Fib retracement level of the downward move from the 0.6759 swing high to the 0.6658 low. There was also a break above a key bearish trend line with resistance at 0.6690.
The pair is now above 0.6700 and the 50-hour simple moving average. On the upside, immediate resistance is near the 61.8% Fib retracement level of the downward move from the 0.6759 swing high to the 0.6658 low at 0.6720.
The first major resistance is near a rising channel at 0.6735. A clear upside break above 0.6735 could send the pair toward 0.6760. The next major resistance on the AUD/USD chart is near 0.6780, above which the price could rise toward 0.6800. Any more gains might send the pair toward 0.6820.
On the downside, initial support is near 0.6705 or the 50-hour simple moving average. The next support could be the 0.6680 zone. Any more losses might send the pair toward the 0.6660 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
audusd bearishaudusd had recently broken the rising trend channel and is now retesting it. These levels may now be the time to open short positions.
Aussie H1 | Pullback resistance at 38.2% Fibonacci retracementThe Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.6697 which is a pullback resistance that aligns with a confluence of Fibonacci levels i.e. two 38.2% Fibonacci retracement levels.
Stop loss is at 0.6735 which is a level that sits above the 61.8% Fibonacci retracement level and a multi-swing-high resistance.
Take profit is at 0.6657 which is a swing-low support.
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AUDUSD broke bearish trendline! Let’s go bullish!AUDUSD moves upward after breaking its bearish trendline! While not making new low, AUDUSD will potentially move upwards and continue its primary bullish trend!
Good luck!
Buy AUDUSD 0.67
SL 0.664
TP 0.70
Overlap resistance ahead?The Aussie (AUD/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support level.
Pivot: 0.6744
1st Support: 0.6674
1st Resistance: 0.6792
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AUDUSD potential head and shoulder We've rejected from the potential neckline of the pattern with the 200 ema acting as
magnetic support. The only thing I don't like about this trade is we haven't candle closed
as close to the support as I would like
AUDUSDBullish Trend
bullish divergence
matured divergence
new highs formation on 1h TF
instant buy recommended
AUDUSD - Wait For Price To Come 2 You.20SMA - Blue
200SMA - Pink
Key Confluence Areas - Grey Lines
Resistance & Support - Dashed Green & Red Lines
Your interest motivates me.
How I see it:
It seems as if price might not even correct as high up as I wished previously.
Pair under serious selling pressure.
Possible areas to short from indicated.
Wait patiently for price to come to you.
Price will form an order block to clearly indicate a ceiling to short from.
Thank you for your time reading, boosting or following my analysis.
I deeply appreciate it.
AUDUSD BEARISH MOVEAUDUSD seems to play a implosive move .The price now about at retracement level if it continue we can expect to fall 52500.
AUDUSD Potential DownsidesHey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.67400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.67400 support and resistance area.
Trade safe, Joe.
