nice buy chance I see a triple bottom here and of course this is a trend reversal pattern , look how bullish is market here
AUDUSD trade ideas
Bearish AUDUSD H1 I suppose China's weak PMI data and lack of demand, would affect Australia's trade balance and tomorrow RBA will skip!
Possible longAussie Dollar is still ranging and seems not to have broken from the consolidation phase from the Daily charts. As long as price is above the 0.65000, areas of interest would be upside moves towards nearby resistance barriers. However, if the bullish move fails and price action stabilises below 0.65000, a move downwards will then be favourable.
AUDUSD InsightHello to all our subscribers!
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe for more content.
Key Points
- Dollar strength continues with the “Trump trade” and rising U.S. Treasury yields.
- Expectations are growing that the euro may fall to near-parity levels as Germany heads toward early elections.
- The eurozone could face significant setbacks if tariffs are imposed due to Trump’s election.
- Minneapolis Fed President Neel Kashkari stated that the December rate cut could be paused if inflation is higher than anticipated.
- Uncertainty surrounds the Reserve Bank of Australia's rate cut path, with reports that Japanese investors are selling Australian bonds.
- Australian Treasurer Jim Chalmers remarked that “Australia is more resilient to trade wars than other countries.”
Key Economic Data Schedule
- November 13: U.S. October CPI
- November 14: U.S. October PPI, Australia October Unemployment Rate
- November 15: Fed Chair Powell's Speech, Japan Q3 GDP, U.K. Q3 GDP, U.S. October Retail Sales
AUD/USD Chart Analysis
The AUD/USD is currently in a downtrend, with a likely decline to the 0.64000 level after breaking below 0.66000. A rebound from the 0.64000 level could lead to a climb back up to the 0.69000 level. However, if the support level is breached, there’s a high chance of a drop to the 0.62000 level.
If the downward momentum intensifies, we will swiftly develop a new strategy.
AUDUSD Is Approaching An Important ResistanceHey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65700 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65700 support and resistance area.
Trade safe, Joe.
AUDUSD: Strong Buying Opportunity at New 3-Month LowHello,
OANDA:AUDUSD is currently presenting a strong buying opportunity! The price has reached a new three-month low and has found support.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
AUD/USD Analysis: Potential Upside Momentum in the Coming DaysThe AUD/USD pair may experience a bullish move in the coming days or weeks. On Friday, November 8, we observed the pair respecting a key daily trendline and establishing fresh higher lows on the Daily timeframe. Notably, on Thursday, November 7, the pair reached its weekly high at 0.6672, which serves as a significant daily resistance level.
Following this, the bullish momentum faded, leading to a retracement down to 0.65582. As we look ahead to the upcoming week, there is potential for a renewed push to the upside, aiming for new higher highs. We are eyeing buy entries above the key resistance level at 0.6672.
Trading Plan: Monitor the price action closely and look for confirmations before entering buy positions above 0.6672. Remember to trade safely and responsibly.
AUDUSD Long- day tradingForgot to post this trade earlier!
FX:AUDUSD
Let's see if it reaches the buy-side liquidity: we've got a W pattern, swing low, FVG, discount array, and buy-side liquidity in play.
Honestly, it looks poised to go higher if today’s level holds; otherwise, more downside ahead. EUR/USD has recovered well, but tomorrow will bring a new challenge.
AUD/USD Buy Opportunity AnalysisTechnical Overview:
AUD/USD is showing bullish momentum The pair has formed a at a critical buy zone, indicating a strong likelihood of upward movement.
Entry Point: 0.65754 (Above breakout level)
Stop-Loss: 0.65104 (Below recent lows)
Take-Profit Targets:
TP1: 0.66575 (First resistance level)
TP2: 0.67181 (Key psychological level)
AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in this analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
AUDUSD: Time to turn bullish again.AUDUSD is bearish on its 1D technical outlook (RSI = 41.008, MACD = -0.006, ADX = 21.063) as it has been declining since the September 30th High. Technically though it is time to turn bullish again as not only has the 1D MACD formed a Bullish Cross, but the double bottom on the 1D RSI is identical to the February 13th 2024 Low. The resulting rebound reached the 0.5 Fibonacci level before a rejection. Consequently, we are turning bullish here, aiming for the current 0.5 Fib (TP = 0.66900).
See how our prior idea has worked out:
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AUDUSD potential rebound from the level.. The ABC potential or we can also see the bull flag on the bottom of heavy correction on AUDUSD could give us some opportunity and good entry point to LONG.
Let's go!!
CHEERRRSSS...!!!
AUDUSD Set for Upside After Support TestsHello,
OANDA:AUDUSD is due for an upward move, but before that, we can expect some support tests. If the 1W/1D pivot point confirms the upside, we could see a quick rally.
No Nonsense. Just Really Good Market Insights. Leave a Boost
TradeWithTheTrend3344
Week Ending Nov 22nd 2024 ... Recap of Trade IdeasWeek Ending Nov 22nd 2024 ... Recap of Trade Ideas
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with Atlas (aka Noble.Mike.Jamison)
profitable week trading AUDUSD using ict concepts hey traders hopefully you caught pips with me this week as I stated the levels I was looking at throughout the week, if not no worries this video will steer you right for next week. good luck!
Trade Recaps: USDJPY-LONG, GBPJPY-LONG, 21/11/2024UJ & GJ Bias Analysis: Both setups were very similar so correlation risk was high and I was effectively risking 1% on 2 separate setups. The Daily was trading at a premium, however after price began re-establishing a bullish counter trend, we pulled back into Internal range liquidity, mitigating the 62.5% and 70.5% fib levels on UJ & GJ respectively. Long entries were in line with the 1H bullish ranges and entry confirmation was achieved by means of a 15M reversal candle and Micro-timeframe confluence (1M Market Structure shift or 5M FVG inversion).
Grade:
- UJ: High Risk
- GJ: Low Risk
What I did well or could've done better:
- I choked my stop losses on both pairs as I was trying to achieve the highest possible R:R. This led to being stopped out after price traded lower on both pairs to sweep MTF TBL.
- I was focused and identified re-entry opportunities. I stuck to my trade management plan and only executed a re-entry on GJ as my plan allows for 3 maximum consecutive losses per day.
Read The AUDUSD MarketLet's Look at AUDUSD Chart and Read Price Actions in last days to decide what can we do with The Market <3
AUDUSD Long Setup After the pair failed to break lower and continue below 0.6445. I think we're headed for a switch here and price maybe preparing to retrace higher to complete a much needed pull back.
Entry: 0.6507
Stop : 0.6445
Targets: 0.6572 & 0.6635
AUDUSD update SELLhey family if you been following along you made some money! price is currently respecting a broken resistance level and I expect further decline. check out my youtube
20-11 AUDUSDThis long trade is on the cautious side. But the trend has changed, so we'll take it. We see a downtrend from the beginning of October with 1x a small outburst upwards. Our signal system also gives a neutral score of +1. We place a buy in at 0.65429.
Pull back is overPull back is over now. We have multiple long wick on the resistance level at $0.67 in 1 hour time frame. We should see market volatile as soon as US market open. The next profit target is between $0.63-0.64.
