AUDUSDNo reaction from the CPI . Looks like price is going to form another higher low , Now waiting for price to confirm , wait for all my signals , then take entry to a new high.
AUDUSD trade ideas
AUDUSD_1D&1WAnalysis and review of the Australian dollar economy Elliott wave analysis style Mid-term and long-term time frames The Australian dollar is in a downward trend. The most important resistances are 0.67545 and 0.64611 Trading position from sell to buy The market is in a big ABC correction wave, we are currently in wave B. The main support and target is 0.60000.
Will the better-than-expected employment data revert AUD's trend+ Macro theme:
The RBA kept rates at 4.35%, sounding more optimistic about inflation and hinting at future cuts. But Thu's job numbers might spoil those plans—Unemployment Rate dropped to 3.9%, showing a surprisingly strong labor market. This hot jobs data could push back those early 2025 rate-cut forecasts many have been making.
+ Technical theme:
- AUDUSD found support and bounced above 0.6365. The price is within the descending channel and below both EMAs, indicating a bearish momentum persists.
- If AUDUSD extends its decline below 0.6365, the price may retest the subsequent support at 0.6300, confluence with the 100% level of Fibonacci Extension.
- On the contrary, if AUDUSD surges above 0.6474, breaking its descending channel and EMA21, the price may retest the following resistance around 0.6560.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
AUD/USD Short PositionThis trade aligns with the broader bearish trend, as the pair continues to exhibit rejection near key resistance levels. Technical indicators, including moving averages, support the downward momentum. The position reflects a cautious approach to capitalize on potential price weakening, consistent with current market sentiment and broader technical patterns.
AUDUSD Is Going Up! Long!
Please, check our technical outlook for AUDUSD.
Time Frame: 4h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.634.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.639 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDUSD Stop Hunt | Avoid CaptureHere's a brief explanation of why stop hunts happen as well as an AUUDSD full analysis/runover post US CPI.
AUD\USDAUDUSD is retracing back to our strong support 0.4142 after a break out of our structure as illustrated from above.
AUD/USD at Critical Support: Will the Bearish Trend Continue?Overview
AUD/USD is currently in a well-defined downtrend across multiple timeframes, with significant bearish pressure dominating the market. However, the pair is nearing critical support zones, which could potentially trigger a corrective bounce or a continued sell-off.
Daily Timeframe Analysis
- Trend : The daily chart shows the pair consolidating near the 0.6370 level after a prolonged sell-off. The price is attempting to hold above the critical support at 0.6350.
- Indicators:
- RSI is near oversold levels, suggesting a potential corrective bounce.
- Volume shows no significant accumulation, indicating weak bullish participation.
- Key Levels:
- Resistance: 0.6400 and 0.6450 (Short-term resistance zones).
- Support: 0.6350 (Critical level).
- Outlook : A daily close above 0.6400 could trigger a corrective rally toward 0.6450 or 0.6500. On the flip side, a daily close below 0.6350 opens the door for further downside to 0.6300 and 0.6250.
Key Trading Scenarios
1. Bullish Scenario:
- Look for bullish confirmation (RSI divergence or break of 0.6400 resistance).
- Target: 0.6450 and 0.6500.
- Stop Loss: Below 0.6350.
2.Bearish Scenario:
- Wait for a breakdown below 0.6350 with volume confirmation.
- Target: 0.6300 and 0.6250.
- Stop Loss: Above 0.6400.
Conclusion
AUD/USD is at a critical juncture, with a bearish bias dominating the higher timeframes. Traders should watch the 0.6350 support level closely for a potential breakout or breakdown scenario. A corrective bounce toward 0.6450 or 0.6500 is possible, but the overall trend remains bearish unless we see a sustained break above 0.6500.
Disclaimer : This analysis is for educational purposes only and not financial advice. Always conduct your own research and trade responsibly.
AUD/USD 15-Minute Analysis: Breakout SetupAUD/USD 15-Minute Analysis: Breakout Setup
On the 15-minute time frame, AUD/USD is approaching a resistance level. Here's my idea:
Entry Plan: If the price breaks out above the resistance level with confirmation, it could provide a long entry opportunity.
Target: The next resistance zone, marked in pink.
This setup is contingent on a confirmed breakout. Monitor price action closely and manage your risk accordingly.
Let me know your thoughts or share your analysis below! 👍
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
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AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights.
Technical Setup
Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade.
Trade Plan
Entry: 0.7120 (near the 0.75 Fibonacci level).
Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection).
Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit).
Risk/Reward Insights
This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips.
Disclaimer
Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed.
Follow for more actionable trading insights and strategies!
Objectives complete and now we have new plans... AUDUSDGreetings fellow traders!
All the major targets marked in the previous idea have been achieved.
The new plan for now is observing what the market does. We do have a bullish Purge and Revert in progress in AUDUSD on the daily. Long till 0.64700. Apart from that, we also have a daily volume imbalance which would draw price towards it. Attaching the daily chart for reference.
Have an insightful trading week ahead!
Disclaimer- All content is for educational purposes only and not trading advice.
AUDUSD (2D) HIGH-RISK OPPORTUNITY, UPTREND⚠️ Here's a HIGH-RISK OPPORTUNITY to capture the UPTREND RETRACEMENT before it returns to the High Timeframe downtrend.
SLO2 @ 0.7235 ⏳
RESISTANCE @ 0.71769
SLO1 @ 0.7138 ⏳
TP4 @ 0.7090
TP3 @ 0.6914 (Resistance, minor)
TP2 @ 0.6800
TP1 @ 0.6636
BLO1 0.6469 ⏳
BLO2 0.6366 📈
⚠️Holding a Long Position above 0.6914 is HIGH-RISK
AUDUSD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64400 support and resistance area.
Trade safe, Joe.
AUDUSDAUDUSD is entring into bullish trend.
Bullish divergence also shown in RSI.
Market sentiment is also bullish.
We buy at CMP.
AUD/USD bullish viewHere's a breakdown of the double confirmation for a bullish view:
### Key Observations:
1. **Horizontal Support Zones:**
- Strong horizontal support levels are visible (e.g., near 0.6340 and 0.6623), indicating areas where price has previously bounced.
- Price is approaching or touching these key support zones.
2. **Fibonacci or Gann Levels:**
- The circular arcs suggest Gann fan or Fibonacci-based analysis. Price might align with these levels, indicating a potential reversal zone if support is respected.
3. **Downtrend Exhaustion:**
- The price action shows significant downward movement but is now near support, which could signal a potential reversal as buyers step in.
4. **Confluence of Indicators:**
- The overlap of multiple tools (horizontal lines, circular arcs, etc.) at similar price levels strengthens the case for a bullish bounce. This is referred to as **double confirmation**, where independent indicators point to the same outcome.
5. **Trend Reversal Potential:**
- The price may be setting up for a bullish reversal if these key levels hold. Look for additional confirmation like bullish candlestick patterns or increased volume near support.
AUDUSD - Short TradeAUDUSD is moving in Bearish trend.
No bullish divergence is formed.
Descending channel is also formed which is bearish continuation pattern.
audusd sell tradeThe Relative Strength Index (RSI) is showing a downward trend, indicating weakening momentum. Additionally, the Moving Average Convergence Divergence (MACD) is showing a bearish crossover, further supporting the potential for a downward move
AUDUSD IS GOING UP, YOU'RE EARLY IS YOU ENTER NOWAudusd is now ready to move and it will be explosive. It has taken a year low and has been rejected from it, DXY is usually bearish the year BTC makes a move towards ATH and that has already started. It was delayed due to interest rate hike but the cuts has begun.
I can give you many more reasons but let me post so you enter on time. You can scale down to lower time frame and frame your trade but know that the overall trend is now turning bullish.
1-hr AUD/USD: The Strong Down Trend Might Extend Further South The AUD/USD pair remains firmly in a downtrend that began in late September to early October, during which the AUD has lost approximately 600 pips. This decline is expected to continue over the coming days and weeks. Multiple Death Cross patterns, a traditional bearish signal, reinforce the likelihood of further downside, supporting the expectation of a prolonged bearish trend.
However, there have been occasional upward pullbacks, requiring caution from sellers when setting stop-loss (SL) orders. A potential support zone appears to be forming near the current price, while the Relative Strength Index (RSI) is rising from oversold levels. This indicates some buying interest, as traders may find the lower price attractive, leading to an increase in buy orders.
For optimal risk-reward, we are waiting for a retest of the 0.6390 level before placing a sell order. This area aligns with the 23% Fibonacci retracement, offering a more strategic entry point for short positions.
Shorting AUDaily chart potential OHLC
4h chart potential internal range liquidity into external range liquidity
Entry at 15m change in state of delivery / order block
There was also smt with NU
AUDUSD InsightHello, subscribers!
Great to see you all. Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- November CPI: Expected to rise 0.2% MoM, with the core CPI forecasted to increase 0.3% MoM. - The market remains cautious about the potential for results exceeding expectations.
Reserve Bank of Australia (RBA): Although the RBA kept rates unchanged, Governor Michele Bullock stated during a press conference that the board has gained "some confidence" in the decline of inflation.
- Upcoming Events: Following the U.S. November CPI release, the Bank of Canada (BoC) is scheduled to announce its interest rate decision. The BoC is expected to lower rates by 50bps at this meeting.
Key Economic Indicators
- December 11: U.S. November CPI, Bank of Canada interest rate decision
- December 12: European Central Bank (ECB) interest rate decision, U.S. November PPI
- December 13: U.K. October GDP
AUD/USD Chart Analysis
The upward trendline supporting AUD/USD’s bullish movement appears to be on the verge of breaking. While a rebound is still possible, the likelihood of a decline has significantly increased.
- Bearish Scenario: If the price breaks below 0.63500, a further drop toward 0.62000 could be expected.
- Bullish Scenario: If the pair rebounds from its current level, we could target 0.69000 as the potential high.
If the market moves contrary to these expectations, I’ll quickly adjust the strategy accordingly.
