AUDUSD - Can "Risk-On" Sentiment Print Fresh HH's This Week?20 SMA - BLUE 200 SMA - PINK Key Confluence Areas: Grey Lines KEY CONFLUENCE TO WATCH @ 0.68710 Thank you for your time reading, boosting and/ or following my analysis. I deeply appreciate it.by ANROC0
AUDUSD: 400+ Pips Buying Move| Simple Analysis| Hey traders, So, the USD might be getting weaker soon. There are some talks about a possible global recession, and that's making people nervous. As traders, we need to keep an eye on these things and see how they affect the currency market. If the price drops more towards the black box we marked, we might see a big jump in price. I'd say close the trade when it hits 200 pips and put a stop at the entry price. Let me know if you have any questions or need anything else. Good luckLongby Setupsfx_Updated 242473
AUDUSD top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.Long03:07by ForexWizard012
AUDUSD. Medium and short term analysisHello traders and investors! The price reached the target of the forecast from April. Some medium-term forecasts take a long time to come to fruition. It creates the impression that medium-term forecasts always come true. You can use the following criterion to consider a forecast fulfilled: ensure that the price does not break the last local extreme before reaching the target. If this condition is met, the forecast can be considered successfully realized. In the April forecast, the last local extreme is point 5 of the sideways range (0.62701). Weekly Timeframe Analysis Let me remind you that on the weekly timeframe (TF), a sideways range has been forming since January 2023 (point 4). The lower boundary is 0.61699, and the upper boundary is 0.71577. Formally, the buyer has reached the target of the 5-6 vector (0.69205), and there are no signs of reversal yet. The last two weekly candles show increased volume, with small buying wicks. However, the price is currently in the seller's contextual area (the upper range of the weekly TF sideways movement), but the seller is not utilizing this volume yet. Daily Timeframe Analysis On the daily TF, a sideways range has been forming since August 24 (point 4). The lower boundary is 0.63478, and the upper boundary is 0.67985. The buyer's 4-5 vector has broken through the upper boundary of the range. For three days, the price has been unable to break through the level marking the start of the last seller's sub-impulse on the weekly TF (0.68996). Below, the buyer is defending the breakout of the last sub-impulse seller level on the daily TF (0.68239). For the last two days, the buyer has applied increased volume with no result. On the other hand, the price is in the seller’s contextual area (the upper range of the weekly TF sideways movement), so the seller should be evaluated first—and so far, the seller is absent. Highlight: • There are no signs of the seller on either the weekly or daily TFs to justify looking for mid-term sales. A sign of the seller could be a return of the price to the daily TF sideways range and the seller defending that return. • There is no context for mid-term buys, as the price is in the upper part of the weekly TF range (a seller's contextual area). 2H Timeframe Analysis For short-term buys or sells, you can use, for example, the 2-hour TF. On this TF, there is a sideways range, with the seller’s 7-8 vector being active and the potential target at 0.68179. The seller has returned the price to the range (below 0.69081), forming a seller’s zone above (marked by a red rectangle on the chart). Sales can be considered. When selling, monitor the price's movement around 0.6868 and 0.68625. Purchases can be considered from the lower boundary of the range (0.68144) if the buyer defends it. Good luck with your trading and investments! by AlexeyWolf1
W/C 30 Sep 24 -AUDUSD Forecast W/C 30 Sep 24 -AUDUSD Forecast: - Swept major liquidity - Swing failure pattern - Expect pullback taking out IRL (internal rang liquidity) - Wait for failure of OB (making it a breaker) - Short at test of breaker - TP 1 = 0.68184 IRLby travisteixeira118
AUDUSD BUYSWe expect the 4H to retrace and create a new HL before continuing to the upside, so currently sat on our hands until the 5M breaks to the upside and aligns with 4H idea. Will then look for an entry on the 1M timeframe! Entry critera - Choch Failed supply Liquidity taken AOIby Thatfxkidagain0
AUD looking like we have breakout potential here fellas!!Breaking out on the weekly, we need to take this to .71625Longby takeatokebreak2
AUDUSD potential strong sell zoneAUDUSD has had an average daily range of 65 pips for the last 10 weeks. We have our macro structure with price @ 0.67000 we are looking for a sell to take out previous weeks low. Looking to a S/M/T reversal Shortby KING_ADAMS5
AUDUSD LONG IDEAAUDUSD LONG IDEA 1. MONTHLY+WEEKLY+DAILY+H4 TF ALL STRUCTURE BULLISH 2. PRICE MAKING HIGHER HIGHS 3. LOOK FOR A BULLISH SIGNAL @0.6890 TO 0.6900 SL 30 PIPS TARGET @ 0.7000 PRICE AT ROUND LEVELS. MORE THAN 3R TRADE POSSIBILITY OANDA:AUDUSD Longby Wealthy_Vikish1
AUDUSD Analysis elliot. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a tradeShortby wavesscoutforex117
Going to LONG AUDUSDWhen I draw chart like this, many will regret not buying at the low of 0.634 price level. The point I am making in this chart is it is not always possible to predict the bottom but on hindsight now that the price action has formed a pattern that it becomes clearer...... Don't beat yourself up for not scooping it up at the ultra bottom but more importantly , are you doing something NOW that it has broken out of the bearish trend line. The next few weeks will become crucial as it will tell us if the price will be supported at the resistance turn support level and continue to trend up. OR it could be a fake break out , trapping the bull buyers ONLY to reverse down again and revisit the support at 0.634 price level again. The idea of buying a currency, stock , ETF and EXPECTING it to go green or profitable is a wrong stand to begin with. In the short term, nobody can predict the market as it is subjected to many factors affecting the price level. On a medium to longer term basis, we are also making some educated guesses based on past historical patterns to guide us. It is at best an estimate and we have to base on our own experience to decide if we want to take the risk. If you do, next how comfortable are you with the risk level? How long are you prepared to wait for it to reach your target ? What happens if it does not ? Are you going to sleep peacefully at night or scramble to check the price every now and then? Chill, whenever you are not sure, either take a small position or wait for further confirmation. Like I will wait for the next few weeks candles to tell me where the direction it is moving to.... Please DYODDLongby dchua19694
AUDUSD Will Fall! Sell! Take a look at our analysis for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.689. The above observations make me that the market will inevitably achieve 0.676 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!Shortby SignalProvider224
Analyze AUDUSD Chart in All ScalesLet's Look at AUDUSD Chart and Analyzing Price Action to Read The Market of this Chart and Find Some Trade Opportunities, Good Luck With Your Trades <308:06by FXSGNLS1
AUD/USD weekly ShortAUD/USD short upcoming week based on COT." If you would like to add more details, let me know!Shortby FXP19810
FXP analyse sentimentNext week short AUD/USD. I’ve been working with CFTC reports for years. My expectation is 80/20 short for the upcoming week."Shortby FXP1981224
AUD/USD strong overall bullish momentumThis pair is showing great signs of movement to the upside. I plan to look for buy entries only with this pair over the next year. Look at the support level on the 12 month interval. It speaks for itself. #happytradingLongby jbills_ceo111
AUDUSD SHORTAuddie approaching these historical level of confluence What do you think, are you going to short here? let me knowShortby TraderOroro227
AUDUSD Buy setupHi everyone! AUD/USD looks bullish on the daily and 4-hour time frames and is following an uptrend channel. It seems likely to retest the order block and trendline before making an upward impulse. Below is my trade idea; please conduct your own analysis before entering any trades. Buy limit order Buy @ 0.68420 SL - 28pips, 0.68140 TP1 - 28pips, 0.68700 TP2 - 56pips, 0.68980 TP3 - 84pips, 0.69260Longby jprjohn2008Updated 117
AUDUSD LongGoing long on AU after another pullback lets see if we get tapped in before USD News.Longby Mutate2
23rd September 2024 (AUDUSD) Currency Pair Upward Trend Current Market Conditions: The AUDUSD pair is in the midst of an impulsive bullish wave structure, currently in the corrective Wave (4) phase. The market is trading within a well-defined upward trend channel, with a clear sequence of higher highs and higher lows. Key Technical Levels: Support: The primary support is located at 0.6765, which corresponds to the 38.2% Fibonacci retracement of the prior impulse wave. A break below this level could invalidate the bullish structure. Resistance: The key resistance stands at 0.6962, representing the 61.8% Fibonacci retracement. A successful break above this level would confirm the completion of Wave (4) and signal the continuation of the broader uptrend. Invalidation Point: The crucial level to watch is 0.6715, which is the 61.8% Fibonacci retracement of the previous impulse wave. A sustained break below this point would invalidate the current bullish thesis. Expectations for the Next 2 Weeks: Consolidation and Retracement: In the next two weeks, the AUDUSD pair is likely to experience a period of consolidation and retracement as it completes Wave (4) of the larger bullish impulse. Breakout Scenario: If the price manages to break above the 0.6962 resistance level, it would confirm the completion of Wave (4) and the start of Wave (5), potentially leading to further upside. Invalidation Risk: Traders should closely monitor the 0.6715 invalidation point, as a breakdown below this level would suggest a more substantial corrective phase and a reassessment of the market structure. Conclusion: The AUDUSD pair is expected to navigate a period of consolidation and potential retracement in the next two weeks as it completes the Wave (4) corrective phase. Traders should keep a close eye on the key support and resistance levels, as a successful breakout above 0.6962 could signal the continuation of the broader bullish trend. However, a breakdown below the 0.6715 invalidation point would warrant a reevaluation of the market outlook.Longby spacedevil3319
Correction The corrective trend is expected to continue up to the range of the specified Fibonacci levels. Then the continuation of the upward trend will be likely. By crossing the green support zone, the continuation of the downward trend will be likelyShortby STPFOREX1
AUD/USD's Path to 0.70: Bullish Continuation in PlaySince the beginning of August, AUD/USD has started reversing its bearish trend. The rise appears to be forming an ABCD pattern, with the final target potentially around the 0.70 level. After reaching a recent high, this week's correction halted exactly at the confluence of support, defined by a horizontal line and a trendline. Yesterday, the pair quickly rebounded near its previous top, which is clearly a bullish sign Today, we’re seeing a minor pullback, which could present a good buying opportunity. I remain bullish as long as the support holds and am targeting the 0.70 zone.Longby Mihai_Iacob224
AUDUSD H1 I Bearish BreakoutBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.6886, a pullback resistance level. Our take profit will be at 0.6833, which is a pullback support close to 78.6% Fibonacci retracement The stop loss will be placed at 0.6907, 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 (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% 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, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% 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 Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘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 FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Shortby FXCM2213