Australian Dollar / U.S. Dollar

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Australian Dollar / U.S. Dollar forum

AUDUSD Where do you think this is going?


AUDUSD If price breaks this bear flag looking channel can see 0.62000 again
Snapshot

AUDUSD I'd be patient to buy...the FED mentioned minimal rate cuts in 2025 with inflation being the main watch. If anything AUD is due for a rate cut their first cash rate meeting in 2025. Even if they hold it will still dig AUD into the ground.

AUDUSD EURUSD GBPUSD USDCHF
We seem primed for reversals across the board. Net USD long positions are the highest in 5 years, which would signal a contrarian point of view for me.

We're also almost testing covid lows on some pairs.
In my mind, scaling into longs on most USD pairs is an easy mid to long term trade.

AUDUSD triple bottom on daily and weekly tfs. Currently bounced on daily and weekly so probably will go up for a while now.

AUDUSD currently having a buy trade to .6275.
for now that's the only area i know audusd is Heading for..

till then i can't predict it next move.

AUDUSD What do you think ?
Snapshot

AUDUSD LTFs will sell short term to pool liquidity, but on HTFs, it's a buy limit order