AUDUSD SHORT WHEN MADKET PRICE COME SUPPL ZONEHello friends as you can see market rejected price from same supply zone so our strategy market will same price again we can short take good profit I hope you like my analysis thank you and all the best.
AUDUSD trade ideas
AUDUSD: BUY for a retsest of 0.6745-50The downward move at previous lows provided a false break and a reversal bar. The structure of the short term uptrend that resulted allows a continuation at higher levels.
We are trying BUY positions at current levels (0.6715-20) targeting 0.6745-50. Stops will be set below 0.6693.
Below you can see the 4H chart with Heikin Ashi Candles.
AUDUSD: Pullback Trade From Support 🇦🇺🇺🇸
On a today's live stream, we discussed a pullback trade on AUDUSD.
The price tested a key daily horizontal support
and formed a cup and handle pattern on that.
Its neckline breakout is our strong bullish confirmation.
The pair will most likely grow now at least to 0.6728
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AUDUSD - Short opportunityAUDUSD is looking good for short position because of the break and close below the ascending support level.
AUDUSD LONG RISKY CALLAUDUSD
LONG
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
like, boost, be followers and above all, comment on the assets on which you would like to have ideas
PLEASE DON’T BE GREEDY
Uptrend It is expected that a trend change will be formed in the current support range and we will see the beginning of the upward trend. Then, according to the behavior of the price in the resistance range, possible scenarios have been identified
AUDUSD SHORTS ARE NOT YET READYRemember I have been looking for these shorts since Monday. Then the Monday holiday invalidated the setup, the Tuesday run went without us and now we are still looking into this as a valid cal.
However, it is still not yet ready for the decline. This is the 4hr, and I have to see if the lower timeframes provide a buyers call that will take us into there premium array so that we can anticipate the decline in price to come in from there
The areas I have marked in red (the red dots) are the breaks in market structure
Lmk what your thoughts are
#KeepCleanCharts
AUDUSD Analysis | Waiting for bearish signal?Hi Traders!
The Australia dollar held its recent decline to around $0.676 as the greenback strengthened on the latest US inflation reading which prompted traders to pare bets on an aggressive Federal Reserve rate cut.
Markets now await a crucial US monthly jobs report this week as the Fed's attention moves from inflation to the labor market. Domestically, investors digested data showing Australia’s manufacturing sector extended its slump in August as high borrowing costs and subdued demand weighed on new orders.
On the monetary policy front, markets look forward to the latest remarks from Reserve Bank of Australia Governor Michelle Bullock this week. She said recently that despite signs of easing inflation, it was still “premature” to consider cutting rates. Minutes of the RBA’s last meeting also revealed that policy could stay restrictive for an extended period.
TECHNICAL ANALYSIS
From a technical point of view, in the short term the pair could be interesting on the bearish side, if we look at the daily chart, we need to see a new low to confirm some selling opportunities. With this in mind, if during today's session but not beyond tomorrow's candle, the pair will trigger another bearish leg, it could be interesting to try to take a short position on a technical rebound, reducing the potential stop loss as much as possible. Let's see what will happen during today's session...
Thanks for watching!
audusd 4h The market just reacted off daily supply. This idea is based on a 4h supply . drop base drop continuation pattern
1:5 risk to reward with our target just before daily demand
audusd 4h The market just reacted off daily supply. This idea is based on a 4h supply . drop base drop continuation pattern
1:5 risk to reward with our target just before daily demand
AUDUSD sell opportunity it is time to sell the audusd from newly supply zone. Nice structure break as well. Good luck with the trade and risk only 2% from the account.
AUDUSD InsightHello to all subscribers.
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe.
Yesterday, the U.S. ISM Manufacturing Purchasing Managers' Index (PMI) was announced, coming in at 47.2, a 0.4 increase from the previous month, marking the first rise in five months. However, it fell short of the market expectation of 47.5 and remained below the critical threshold of 50, which separates economic contraction from expansion, for the fifth consecutive month. The fact that the manufacturing sector continues to show signs of contraction has intensified concerns about a potential economic recession, leading to a rise in the U.S. dollar index.
Despite this, it seems that market concerns are easing, as there is no significant change in the outlook for a rate cut in September, and these indicators are not expected to lead to any changes in the Federal Reserve's policy.
Meanwhile, Australian Treasurer Jim Chalmers has strongly criticized the Reserve Bank of Australia, stating that consecutive interest rate hikes are damaging the economy. However, the Australian bank remains reluctant to lower interest rates.
- On September 4, Australia’s Q2 GDP will be announced.
- On September 6, the U.S. Nonfarm Payrolls and Unemployment Rate for August will be released.
- On September 11, the UK’s July GDP and the U.S. August Consumer Price Index (CPI) will be published.
- On September 12, the ECB's interest rate decision and the U.S. August Producer Price Index (PPI) will be announced.
The Australian dollar has slightly surpassed its previous high but is now coming down, influenced by resistance levels. It appears that the recent gains have been given up to the 0.67000 level, and there is a possibility of a further decline to the 0.66000 level. The expected movement after that is a rebound from the 0.66000 level, potentially leading to an increase up to the 0.69000 level.
If the 0.66000 level is unexpectedly breached, we will establish a new strategy.
AUDUSD - Broadening FormationThe Intraday Chart of AUDUSD reveals a Broadening Formation. This pattern is Bearish.
We can see price has successfully formed 3 higher peaks.
With each peak forming Divergence on 2 parameters -
1. Volume - as each peak is formed on progressively lower volume.
2. RSI - prints lower on each peak as well.
There has been a break of the support level and its retest.
Looking for the Aussie to move down next week towards the underlying supply zone at 67 flat.
AUD/USD: Will the Aussie Fight or Take Flight?Alright y'all, let’s break down this AUD/USD situation, top-down style, so everyone from the rookies to the seasoned pros can catch the vibe.
Starting with the monthly chart, AUD/USD has been riding a rollercoaster. We saw a strong bullish push recently, but it’s hitting that resistance zone around 0.67990, which has been a significant level historically. The price might be finding it hard to bust through without taking a breather first. With the Heikin Ashi candles showing a bit of hesitation, I wouldn’t be surprised if we see some consolidation or a slight pullback before it decides its next big move.
Dropping down to the weekly, we’ve got a similar story. That resistance is holding strong, and the price is starting to pull back, likely testing the support around the 0.67095 level. This is where things get interesting. If we see a bounce off this level, we might get another bullish push towards that 0.67990 area. But if it breaks below, things could get dicey for the bulls, with the next significant support sitting around 0.66780.
Now, looking at the daily and 4-hour charts, the pullback is becoming more evident. The 4-hour chart is showing a descending trend line forming, and the price is riding it down. If you’re looking for a trade setup, watch for a break below that 0.67095 support on the 4-hour. A solid close below could give us a clean sell setup with a target around 0.66780, where we might see some buyers stepping in.
But don’t sleep on the idea of a bounce! If the price respects that support level and starts breaking above the descending trend line on the 4-hour, we could be looking at a reversal back towards 0.67990. Either way, stay sharp and keep an eye on how price reacts at these key levels.
As for my overall bias? I’m leaning bearish short-term unless we see a convincing bounce off support. Keep your risk tight, and let’s see how this one plays out!
AUDUSD Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.67500 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.67500 support and resistance area.
Trade safe, Joe.
AUDUSD bullish This is a very high probability buy trade based on how I analyze the market on weekly/daily timeframes. Th current sell is just a temporary pullback to continue the bullishness on all XXXUSD pairs. This is a 1-1 RR 97% Probability Trade. Risk Wisely.
AUDUSD SELL NOW!!!!!!!!!!AUDUSD took out the sell side liquidity price have already revisit the premium zone with a price rejections am in now on sell holding till new low is created
JOIN AND ENJOY
TELL US YOUR TAKE ON THIS.....................
AUD/USD sinks ahead of GDPThe Australian dollar is sharply lower on Tuesday. AUD/USD is trading at 0.6732 in the European session, down 0.88% today at the time of writing.
Australia’s economy has been sputtering and the markets aren’t expecting much change from second-quarter GDP on Wednesday. GDP is expected to trickle lower to 1% y/y, down from 1.1% in Q1, which was the weakest pace of growth since Q4 2020. Quarterly, the market estimate for GDP stands at 0.3%, compared to 0.1% in Q1.
GDP-per-capita is expected to be negative, another indication that economic activity remains subdued. Australia has been hit by a drop in iron ore and core prices and exports fell by 4.4% in the second quarter, which doesn’t bode well for the Australian dollar.
The GDP is unlikely to change the Reserve Bank of Australia’s plans when it meets on Sept. 24. The central bank is closely watching inflation, which remains stubbornly high, as well as the labor market. Governor Bullock has said she has no plans to lower the cash rate from its current 4.35% for the next six months. The RBA has stuck to its “higher for longer” stance and has maintained rates since November.
The Federal Reserve is widely expected to lower rates on September 18, with a 70% likelihood of a quarter-point cut and a 31% likelihood of a half-point cut. Ahead of the meeting is a crucial employment report on Friday. The previous jobs report was much weaker than expected and triggered a meltdown in the financial markets. Another weak jobs report would raise the likelihood of a half-point cut, while a solid release will cement a quarter-point cut.
AUD/USD has pushed below support at 0.6780 and is testing support at 0.6737. Below, there is support at 0.6708
0.6809 and 0.6852 are the next resistance lines
AUDUSD BUY IDEASeen price break below sell side liquidity, then shift up an hold bullish structure. Once price entered in my zone I was looking to take entries at previous liquidity levels.
Selling pressure audusd Our first selling idea running 100 pips already
Now h4 trend broken clearly and having one more selling confirmation
Now in safe heaven and we are entering again in sell
AUDUSD USD Set To Grow! BUY!
My dear followers,
This is my opinion on the AUDUSD next move:
The asset is approaching an important pivot point 0.6733
Bias - Bullish
Safe Stop Loss - 0.6700
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.6784
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUD/USD Forms Bearish Reversal Pattern Ahead of Key DataAUD/USD has formed a bearish swing failure pattern on the daily chart, suggesting a possible reversal after failing to break July's highs. While this pattern has previously predicted strong moves, upcoming Australian GDP and US non-farm payroll data could still sway the pair's direction.
Understanding the Swing Failure Pattern and Its Implications
A swing failure pattern generally occurs when a currency pair tests a recent swing high (or low) but fails to sustain the momentum, ultimately reversing direction. In the case of AUD/USD, the pair recently retested the highs set in July but failed to break higher, subsequently retreating below last week’s swing lows. This downward move has confirmed the bearish swing failure pattern, signalling the potential for a trend reversal to the downside.
The significance of this pattern is heightened given its recent ability to identify key inflection points on AUD/USD’s daily candle chart. Earlier this year, the formation of a bullish swing failure pattern in April led to a strong rally that persisted throughout the month. A similar bullish pattern emerged in August, and once again, it was followed by a robust rally.
AUD/USD Daily Candle Chart
Past performance is not a reliable indicator of future results
Caution: Not All Patterns are Created Equal
While the bearish swing failure pattern suggests a potential reversal, it's essential to remember that no price pattern is foolproof. The inherent limitation of this pattern is that it typically goes against the dominant momentum in the market. In the current context, broader market forces and sentiment towards the Australian and US economies could still overpower this technical signal, rendering the pattern less effective.
Key Economic Data Releases to Watch This Week
Traders should be particularly vigilant this week as several critical economic events are lined up that could impact both the Australian dollar and the US dollar. On Wednesday, Australia will release its Q2 GDP numbers, providing insight into the country's economic growth trajectory. Additionally, the US Federal Reserve will publish its Beige Book, summarising current economic conditions across the US, which could provide hints about future monetary policy. The week will culminate with the highly anticipated US non-farm payrolls data on Friday, a key indicator of the health of the US labour market.
These events could potentially cause a sharp increase in AUD/USD’s volatility and should be factored into risk management strategies.
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance. Social media channels are not relevant for UK residents.
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AUDUSDThe pair has been on bull for a while now, I think it has already started the bear trend, let us wait for a small retracement up, then we short, sniper entry or nothing, this is a swing trade, use proper risk management. Lets Download Success
