Get started

Australian Dollar / U.S. Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

AUDUSD trade ideas

Falling towards 38.2% Fibonacci support?The Aussie (AUD/USD) is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance which acts as an overlap resistance. Pivot: 0.5579 1st Support: 0.6642 1st Resistance: 0.6752 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Long
by ICmarkets
AUDUSD Bearish ScenarioToday, we will analyze AUDUSD Specific explanations are provided for each zone and movement on the chart. If you have any opinions, feel free to share them in the comments section. 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.
Short
by Biaxar
3
AUDUSD ( TRADING BELOW TURNING LEVEL ) ( 4H )AUDUSD HELLO TRADERS If the price trades below the turning level, it indicates downward pressure towards the first support zone. However, if the turning level is broken and the price stabilizes above the channel, the upward movement will likely become active, targeting the first resistance level. Tendency , the price is under downward pressure , until trading below turning level around 0.667 . Upward Zone : for an upward movement to occur , the price needs to break through the turning level at 1.101 , leading to rise that could reach the resistance level (1) at 0.675 , if the price breaks and stabilizing above this level it may attempt to reach resistance zone between 0.679 and 0.685 . Downward Zone: as long as the price remain below the turning level at 1.094 , it may drop towards the support level (1) at 0.659 , if the price breaks this level with a 4h candle closing below it , it suggest further decline towards the support zone between 0.651 and 0.643 CORRECTIVE : currently price it will be attempt to retest to reach a turning level at 0.667 before dropping . TARGET LEVEL : RESISTANCE LEVEL : 0.675 ,0.679 , 0.685 . SUPPORT LEVEL : 0.659 , 0.651 , 0.643 .
Short
by ArinaKarayi
Trading AUDUSD | Judas Swing Strategy 21/08/2024Last week, the Judas Swing strategy produced just two trades, both on EURUSD. It served as an excellent lesson in risk management; despite having one win and one loss, we concluded the week with a profit, securing a 1% gain. Even during a slow week, we concluded on a positive note, and it's these small victories that sustain a trader's enthusiasm for the new opportunities each week brings. As is customary, at 8:25 AM EST, we commenced the day by reviewing the essential items on our Judas Swing strategy checklist, which comprises: - Setting the timezone to New York time - Confirming we're on the 5-minute timeframe - Marking the trading period from 00:00 - 08:30 - Identifying the high and low of the zone We now wait for the high or low of the trading zone to be swept, which would guide our bias for the session. After 1 hour and 35 minutes, the low of the zone was swept, indicating that we should look for buying opportunities during this trading session After 35 minutes, there was a break of structure (BOS) to the buy side, leaving behind a Fair Value Gap (FVG). Now, all that remains is to patiently wait for price to retrace into the FVG, presenting us with a trading opportunity The subsequent candle formed a bearish marubozu, closing the gap left from the previous upward move. We executed our trade after the candle's closure, as it met all the criteria on our checklist After executing our trade, we experienced minimal drawdown as the position quickly turned profitable. These are the types of trades we all hope for, aren't they? All we need to do is wait for our Take Profit (TP) to be reached, right? Let's observe the outcome. Price got close to our TP and then began retracing. This is the moment when traders who have not thoroughly backtested their strategies might panic and close their trades prematurely. Some may consider moving their stop loss to break even; however, our backtesting data shows that this approach does not benefit us in the long run, as price may hit the break even point and then proceed in our anticipated direction. Therefore, in such situations, we should not panic; instead, we patiently wait for either our TP or Stop Loss (SL) to be triggered. Price returned to our entry point, and at this juncture, traders who risked more than they could afford are likely experiencing an emotional roller coaster. However, we remained undisturbed since we only risked 1% on this trade with the aim of achieving a 2% return After 3 hours and 30 minutes, our Take Profit was triggered, and our patience paid off as we hit our target on AUDUSD, resulting in a 2% gain from a 1% risk on the trade.This trade served as an excellent illustration of the importance of patience and adherence to your trading plan. We hope you have gained some insights from this.
by CleoFinance
AUDUSD Long IdeasThe reason I chose to buy the AUD/USD currency pair is as follows: The RBA has kept interest rates on hold for a longer period due to inflation remaining stable and experiencing only a slight increase, which is favorable for the Australian economy. Meanwhile, the economic outlook for China is potentially improving, as interest rate cuts will continue if China’s economic data is found to be unsatisfactory. On the other hand, the Federal Reserve is getting closer to an interest rate cut in September. For market participants, this is a dovish signal for the USD.
Long
by ICT_ID
2
AUDUSD H4 | Bearish breakoutBased on the H1 chart analysis, we can see that the price is falling to our sell entry at 0.6730. Our take profit will be at 0.6639, a pullback support The stop loss will be placed at 0.6801, which is above the swing-high resistance level. 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.
Short
by FXCM
Could the Aussie reverse from here?The price is currently at the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci projection and could drop from this level to our take profit. Entry: 0.6752 Why we like it: There is an overlap resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 0.6865 Why we like it: There is a pullback resistance level which lines up with the 100% Fibonacci projection. Take profit: 0.6643 Why we like it: There is an overlap support level which is slightly below the 23.6% Fibonacci retracement. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). 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 Everest Fortune Group.
Short
by VantageMarkets
Navigating RBA Hawkishness and Economic Red Flags R1 0.6799– 11 July high – Strong R2 0.6753 – 21 August high– Medium S1 0.6637 – 19 August low– Medium S2 0.6563 – 15 August low – Strong This week's RBA Minutes came out confirming the recent more hawkish leaning RBA decision. The central bank hinted at the fact that the cash rate would stay where it is for an extended period of time, while the possibility of additional tightening was also discussed. We've also seen the Australian Dollar getting added help from risk on flow and broad based US Dollar selling. There is some cause for concern however, after the Commonwealth Bank was out calling for a quicker deterioration in the Australian economy than the RBA. The Commonwealth Bank sees an RBA rate cut in November. Key standouts on Wednesday’s calendar come from UK public finances, Canada producer prices, and the Fed Minutes.
by BlackBull_Markets
Aussie H4 | Bullish uptrend to resume?The Aussie (AUD/USD) is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 0.6717 which is a pullback support. Stop loss is at 0.6662 which is a level that lies underneath a pullback support. Take profit is at 0.6790 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.
Long
by FXCM