AUDUSD Is In A Down Trend NowWith the strengthening of the DXY, a recognizable downward trend has also established itself in the AUDUSD. We assume that this will continue and that the price will soon head for the 0.6820 area.
AUDUSD trade ideas
AudUsd Trade UpdateAU is currently playing out to the T! Currently up 6% for the week. All time frames for AU are bearish. The daily candle still has hours to go which means AU could continue crashing below 68200. Keep in mind price may also use 68200 as support to form some type of range between 68200 and 68350. It honestly all depends on how and where price closes by the end of the week. I'll be closing the trade once price reaches around 68315.
"Potential Long Opportunities on AUDUSD from Key Support Levels"AUDUSD Analysis: Key Support Level in Focus
The recent price action on the AUDUSD pair has been quite telling, perfectly aligning with my previous analysis. After encountering a significant resistance zone, the price has retraced and is now testing a crucial support level, following a breakdown of the upward channel that had been in place. This pivotal support zone has demonstrated resilience, being respected multiple times on the daily timeframe.
At this juncture, I’m keeping a vigilant eye on this level. The current price dynamics suggest that we might be witnessing a potential false break of the support. If the market exhibits this behavior, there’s a considerable probability that we could see a rebound from this area. Historical data shows that previous upward movements have originated from this very support level, reinforcing my belief in its strength.
Given these considerations, my target is set towards the resistance zone at 0.68730. A bounce back from the support would not only confirm the validity of this level but also position us favorably for a potential rally towards that resistance. The interplay of these technical elements makes the current situation particularly intriguing for traders looking to capitalize on a rebound.
In summary, while the market may present volatility, the analysis suggests that if the AUDUSD can maintain its footing at this support, we could witness a robust upward movement towards the targeted resistance zone.
AUD/USD Risk Off Setups Pre JobsAUD VS USD has fallen reasonably sharply with room to go until reasonable early key support.
Not interested in longs unless we drip lower, any flash move followed by rebound would be ideal.
Risk off likely to pull lower, risk on the opposite and a continuation of AUD strength/ USD weakness.
AUDUSD D4Dear friends
we have a complex correction in audusd for months .around this area market is preparing for bullish movement. be patient an for good opportunity for long.
Lingrid | AUDUSD potential LONG from SUPPORT levelThe price perfectly fulfills my last idea. FX:AUDUSD has bounced off a resistance zone and subsequently reached the main support level after breaking the upward channel. The price is currently testing a level that has been respected multiple times on the daily timeframe. I'm monitoring this level closely; if the price makes a false break of the support level, I believe there is a strong chance it will bounce back. This is especially likely given the strong upward movement we have seen from this level previously. My goal is to resistance zone at 0.68730
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Possible change of trend to the bearish sideGood day traders, as you can see according to our analysis, we have a Failed High high which resulted into a Change of Character and a breakout of our support level. We should expect a retest into our broken near term level and if it happens, use M15 for a bearish candlestick confirmation and short the market
check the trendAccording to the behavior of the price in the current resistance range, possible scenarios have been identified.
If the price crosses the resistance range, it will be possible to continue the upward trend up to the specified resistance levels
Pre-NFP Analysis - Technicals Align For A Bearish DollarAfter an aggressive appreciation of the dollar, we see the DXY trading within the 1D 1-sided FVG and now within the 1D range EPD. While I'm positioning myself for a sell off, I'd be wear of further appreciation as a result of NFP volatility before the real move takes shape over the course of the month.
While I'm observing multiple scenario's on most pairs, my primary biases are as follows:
EURUSD - SHORT
GBPJPY - SHORT
USDJPY - SHORT
AUDUSD - SHORT (Wildcard)
AUDUSD H4 I Bearish Reversal Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 0.6871, which is a pullback resistance aligning with a 38.2% FIbo retracement.
Our take profit will be at 0.6807, an overlap support level close to 38.2% Fibo retracement.
The stop loss will be placed at 0.6938, the swing-high resistance level.
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AUDUSD BuyGoing Long on AU price struggled to break under structure I am expecting a pullback to the upside, USD pairs losing buying pressure as well and I am targeting 0.68850 as my TP.
AUD-USD Will Go UP! Buy!
Hello,Traders!
AUD-USD is moving down
But the pair will soon retest
A horizontal support level
Of 0.6800 and after that
We will be expecting a
Local bullish rebound
Buy!
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AUDUSD TF 4H 41024wait till price come into the zone and break out with big green/red candles
entry (TF 2h,4h)
SL at previous low/high
TP at Fibonacci
AUDUSD Long #2Same idea from previous long this price action to me is manipulation, this trade should be above 0.68500-0.68700 Range soon and struggle to stay under that if this trade goes our way. Our profit target is the 4H high but depending on how price moves while heading up there the profit target can vary with new data printed.
AUDUSD UNDER BUYING PRESSURE!AUDUSD UNDER BUYING PRESSURE!
Resistance is between 0.69083 and 0.68937
Entry Price :-0.69067
Profit price :-0.69707
Stop loss :-0.68427
NEW IDEA FOR AUDUSD From a technical point of view, the Australian dollar/US dollar has an important support range in the range of 0.6820-0.6782, and if it is maintained, the rate can rise to the important resistance in the range of 0.7111.
AUDUSD Long (Buy Stop)AUD is still bullish on 4H time frame this pullback is normal I don't see a reason to look for shorts in my opinion it is a pullback and liquidity is being set to go back up so that's my though process to look for buys.
AUD/USD SHORT FROM RESISTANCE
Hello, Friends!
AUD/USD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 1H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 0.686 area.
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AUDUSD Sell ForecastAUDUSD New forecast👨💻👨💻
Note:
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AUDUSD Long Term Selling Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
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This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Chart
possible Head and ShouldersGood day traders, Lets get into it. As you can see on the chart above of AUDUSD we have a structure that seems to be forming a Head and Shoulders, we had our left shoulder currently forming what seems to be the head so we can capitalize on the SELLS.
AUDUSD LONG TERMJust like XAUUSD, AUDUSD is also starting its pull back to a cheaper price. Capitalise on these sells and scalp those buys in once it reaches my zone.
