AUDUSDWe can attempt to buy AUDUSD from specified level as it break LH , also bullish divergence occur indicate that it moves upward.
SL , TP mention in chart.
AUDUSD trade ideas
AUDUSD - Strong Rejection Ahead!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDUSD has been hovering within a big range in the shape of a symmetrical triangle marked in blue.
Currently, AUDUSD is rejecting the upper bound of the triangle.
Moreover, the zone marked in green is a massive supply zone.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the supply zone and upper blue trendline acting as non-horizontal resistance.
📚 As per my trading style:
As #AUDUSD is around the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUD_USD MOVE DOWN AHEAD|SHORT|
✅AUD_USD has retested a key resistance level of 0.6800
And as the pair is already making a bearish pullback
A move down to retest the demand level below at 0.676 is likely
SHORT🔥
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Buying AUD/USD dips with soft landing narrative in control With little meaningful US data on the calendar until Thursday, the boost provided to the soft economic landing narrative from Jerome Powell’s speech last Friday likely has room to run. For a cyclical currency such as AUD/USD, that’s good news for bulls.
Monday’s minor pullback looks corrective in nature and may reflect unease at the fluid situation in the Middle East over the weekend, but those concerns have been simmering for months now meaning a major escalation may be required to rattle markets.
While the Australian data calendar is busy with Q2 GDP inputs, monthly inflation indicator and retail sales for July, the brutal truth is they are only minor considerations for traders to consider this week. It’s about the US economic trajectory and left tail risks derived from geopolitics.
Unless the soft landing narrative falls apart, buying dips in AUD/USD is preferred.
Should Monday’s reversal extend to .67612, wait to see how the price initially interacts with the level. Should it hold, consider initiating longs with a tight stop below for protection. The initial trade target would be .67988, the high set on Friday. If it were to go, there’s room for the move to extend to .6871 and 2023 double-top at .6893. If the trade were to work in your favour, consider raising your stop to entry or higher to provide a free shot on upside.
Good luck!
DS
Uptrend According to the behavior of the price within the range of the resistance trend line, possible scenarios have been identified.
If the price crosses the green resistance range, the continuation of the upward trend is likely
AUDUSD firm ahead of AU Monthly CPI dataThe AUDUSD closed at .6796 (+1.90%) last week, its highest weekly close this year, after Fed Chair Powell, speaking at Jackson Hole, validated expectations of Fed rate cuts before year-end.
This week, all eyes turn to Wednesday's AU Monthly CPI Indicator for July. The headline CPI indicator is expected to fall to 3.3% YoY, reflecting a sharp fall in energy prices following the start of the Federal government's energy rebates.
This is partly why the Australian interest rate market is confidently pricing in a 25bp of RBA rate cuts by year-end and a cumulative 73bp of cuts by May 2025.
The AUD/USD needs to break above resistance at .6800c to open up a test of the December .6871 high before the weekly trend line resistance at .6940.
Could the Aussie reverse from here?The price is currently reacting off the pivot which acts as a pullback resistance and could drop to the 1st support identified as an overlap support.
Pivot: 0.6799
1st Support: 0.6753
1st Resistance: 0.6852
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Audusd resistance is broken? #audusd
Audusd resistance is broken?
The price is in an upward trend
If the price can stabilize itself above the resistance of 0.68.
It can grow up to 0.6870.
In case of correction, 0.67 is one of the support points.
AUD/USDprice might react at the double top and have a move down, which is okay.
Looking for
1. uptrend is clear
2. price must come back down to the broken resistance and retest it as support
3. price must form a clear bullish candle
(if condition 2 and 3 are met, this could be a potentially good buy)
AUDUSD Bullish ScenarioAUDUSD has finally hit the demand zone I've been waiting for. I think it will respect this major demand zone since higher time frames support it
We'll wait for CHoCH in different time frames, and then it'll be time to consider buying.
Please note that this analysis is not intended as financial advice. Each individual should assume responsibility for their own trades. The purpose of this post is to provide ideas and inspiration, encouraging readers to view the chart from different perspectives. Always conduct your own research and analysis before making any trading decisions.
AUDUSD POTENTIAL SHORT OPPORTUNITYHello Everyone!
How are you all?
AudUsd is a pair to watch this week, because it is shaping up very nicely for short trend reversal that we can capitalize on.
So, I will be looking for short trend reversal because of the following reasons:
1. Potential Double Top
2. The price has completed a two low structure.
3. The price is approaching the value area.
Game Plan:
If the price comes to the VA, and rejects at that level or sweeps the High, and makes a bearish impulse followed by a 1hr flag with two highs and lows.
Entry : will look for a risk entry within the flag or a reduced risk entry on the breakout of the flag.
AUD/USDTechnical Analysis of AUD/USD (4-Hour Chart)
On the 4-hour chart of AUD/USD, after a strong uptrend, the price has reached a significant resistance zone. This level has acted as a strong ceiling and has shown multiple price reactions in the past.
At this point, signs of weakness in the bullish trend are visible, and with the formation of a divergence on the chart, there’s a chance the trend could reverse. Additionally, a divergence pattern is forming, which could indicate the start of a bearish trend.
📉 Entry Strategy: Wait for a bearish engulfing candle to form in this resistance zone for confirmation before entering a sell trade. Once you enter the trade, the initial target will be in the specified zone on the chart.
AUDUSD "AUSSIE" Bank Robbery Plan on Bullish SideHola ola Robbers / Money Makers & Losers,
This is our master plan to Heist AUDUSD "AUSSIE" Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
AUDUSD => The Aussie Is Playing Against The Weekly ResistanceHey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.68400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at the weekly 0.68400 resistance area.
Trade safe, Joe.
audusd analysis elliotAccording to our Elliot analysis, it is now at the end of wave c and wave 5 c, which has reversed up to 127% of wave a and has given a good divergence in rsi
AUD USD MONTHLY BUYAud usd not being able to touch 0.6 and finally making a bull run for 0.7 with a final destination of 0.8 . Dropping below o.67 will be a sign of weekness for this bull run. There might be trading traffic near 0.7 area but expecting for 0.7 to be defeated.
Stop loss below 0.665
Take profit 0.75 to 0.8 area
This run will take few months ( expecting from 4 to 7 months to complete)
AUDUSD: ITF CURVE ANALYSIS (13H) - DOWTREND✨ AUDUSD: ITF CURVE ANALYSIS (13H) ✨ (DOWNTREND)
SLO3 @ 0.68414 ⏳ (POTENTIALLY)
SLO2 @ 0.6820 ⏳
SLO1 @ 0.6802 ⏳
SSO @ 0.67813 ⏳
TP1 @ 0.66669
TP2 @ 0.6500
TP3 @ 0.63906
BLO1 @ 0.63643⏳ (DO NOT SET.. TANKING POTENTIAL AFTER THIS AREA)
🔑
BLO = BUY LIMIT ORDER
ITF = INTERMEDIATE TIME FRAME
SLO = SELL LIMIT ORDER
SSO = SELL STOP ORDER
TP = TAKE PROFIT
NOTE: They got me. So our SSO has triggered, however, I'm setting a +SL due to the fact PA is likely to move back up to at least one of my SLO's. I'll set the SSO again after my SLO is triggered.
Intermediate time frames (4 hours to 6 day):
— Offer a clearer picture of the underlying trend compared to short-term frames.
— Provide more opportunities for confirmation signals and technical analysis.
— Allow for more flexible trading schedules, trades can be held overnight.
— Suitable for swing traders and some positional traders.
#AUD/USDHello everyone,
The price is rejected from an important array in the daily time frame. In my opinion, the price can dive to the below targets.
Note: This is not an investment suggestion.
good luck
AUDUSD - Bullish ReversalThe pair has made a bullish RSI divergence. We are selling it on the break of higher low retracement. The trade plan is set, let's hope for the profit!
AUD/USD BEARS ARE GAINING STRENGTH|SHORT
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 1D 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 0.656 area.
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Selling audusdStrong sellimg opportunity
Wait for today Powell speech first confirm the.trend then we will enter in sell
Selling audusdStrong sellimg opportunity
Wait for today Powell speech first confirm the.trend then we will enter in sell
