AUDUSD SELL IDEADear friends and followers,
I give to you my analysis on AUDUSD
CHECK AND PLACE TRADE IF MARKET OBEY ANY OF THR DIRECTIONS..
GOOD LUCK
USDAUD trade ideas
AUDUSDHello Traders!
What are your thoughts on AUDUSD?
This currency pair has broken its support zone and is currently trading below it. It is expected to decline towards the identified levels after completing a pullback to the broken zone.
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AUD/USD set to make assault on downtrend resistance AUD/USD looks set to make an assault on downtrend resistance dating back to August 29, building momentum after Wednesday’s bullish engulfing candle sent the pair careening above the important 50-day moving average. However, while RSI (14) has broken its downtrend the bullish signal has yet to be confirmed by MACD, suggesting now is decent time to let the price action tell you what to do. The bias is higher but the risk-reward is not compelling on the daily timeframe.
If the price manages to break and close above the downtrend, it will allow traders to establish longs with a stop below the level for protection. The price has done a lot of work either side of .6750 recently, making that an important level to overcome to open the door for a push towards the recent highs at .6825.
Alternatively, if the price is rejected at the downtrend, you could sell with a stop above for protection. Possible targets include .66857, the 50DMA and Wednesday’s low (and the 200DMA) around .6620.
Good luck!
DS
Bearish reversal?The Aussie (AUD/USD) is rising towards the pivot which is an overlap resistance and could drop to the 1st support.
Pivot: 0.6758
1st Support: 0.6684
1st Resistance: 0.6813
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AUDUSDWHAT DO YOU THINK?
There happens to be a bullish flag in sight, also a head shoulder candlestick pattern.
Going bull or bear??
AUDUSD is at the top of the flagIntraday Update: If the flag is going to still develop, this is the level is would stall at now. If you played long from yesterday's lows, not a bad place to take some off.
AUD/USD 4H Chart Analysis – Capturing the Upside Potential We're currently analyzing the AUD/USD 4H chart, where a new BUY signal has been triggered, hinting at a potential upward move on Traders Journey Pro indicator.
Key Observations:
- BUY Signal: A BUY signal emerged at 0.66692, indicating a possible reversal from the recent downtrend.
- TP Zone: The Take Profit (TP) zone has been identified between 0.66930 and 0.67160, offering a potential gain of approximately 24 to 47 pips from the entry point.
- Market Structure: The price is holding above key support levels, and the market structure suggests a continued move toward the TP zone. Recent price action points to weakening bearish momentum as the price nears these levels.
Trading Plan:
- Bullish Scenario: Should the price continue to rise as expected, targeting the TP zone between 0.66930 and 0.67160 could present a favorable opportunity. Look for additional confirmations as the price approaches these targets.
- Risk Management: Stay flexible with risk management by adjusting positions based on new signals. Monitoring price action closely will help you adapt to any fluctuations and optimize entries and exits.
Important Note: This analysis serves as a trade idea. Be sure to integrate it into your overall trading strategy and perform your own analysis to align with your risk tolerance.
Stay alert and trade wisely!
AU Bears "Head" Down to Target .6570Here I have AUD/USD on the Daily Chart!
From Friday's High @ .67672 to its Low @ .66597, we can see we get the Confirmation of a strong reversal pattern with the Break of the Neckline of the Head & Shoulders!
Now what I'd like to see off the same High and Low of Friday is Price give us a 38.2% Retracement of the Low & Pullback to test the Neckline for potential Sell Entries.
( .67008 - .6697 )
Swing High of Head to Neckline = 126.9 Pips
Neckline - 126.9 = .6570 (Target)
Fundamentals:
AUD's undoing comes from a mix of a rise in Unemployment to 4.2% and Retail Sales ending August coming in @ 0%
With the horrible run of jobs reports for the USD to start September, it managed to recover to end the week and give the idea that a 50 bps Rate Cut is less likely sitting at a 30% change and a 25 bps Rate Cut more likely at a 70% chance at the Sept 18th meeting.
-RBA Interest Rate sits @ 4.35%
-Fed Interest Rate sits @ 5.5%
This upcoming week will be VERY news heavy for USD seeing as there is:
-Core CPI, CPI m & y on Wednesday, Sept. 11th
-Core PPI/ PPI m/m & Unemployment Claims on Thursday, Sept 12th!
AUDUSDThe market it's in a good bearish trend basically what you see here is an bearish order flow which help us to execute sell positions.
#smc_trader
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Audusd trade idea , breakout of head and shoulder and retest Audusd trade idea , breakout of head and shoulder and retest but today market moment is bullish and daily candle is also bullish
Australian Dollar / U.S. DollarHey traders AUD/USD just pushed out of supply zone, I am expecting it to continue to drop to zone of around 0.66000/0.65600
Please like comment and follow cheers.
This chart material is for education purposes only / Demo account should be traded only.
AUDUSD- Techincal Analysis On 4 hours Time Frame Key Analysis Points:
Break of Structure (BOS):
A clear breakdown of a previous support area, marked as "BOS" on the chart, signaling a shift in market structure.
Resistance Zone:
A resistance area is highlighted in red. The price broke through this level, confirming the bearish momentum.
Entry Strategy:
The chart suggests waiting for a pullback and retest of the resistance zone, around 0.66960, before entering a sell position.
Stop Loss:
Positioned slightly above the resistance zone at 0.67156 to protect against false breakouts.
Take Profit:
The target is set at 0.66350, which is a key support zone.
Trade Setup Summary:
Entry: After a pullback and retest around 0.66960.
Stop Loss: At 0.67156 (just above resistance).
Take Profit: At 0.66350 (next support level).
This analysis reflects a bearish trend continuation, with the pullback and retest serving as a confirmation for entering the short (sell) position. The stop loss is strategically placed to manage risk, while the target aims for a reasonable profit margin.
AUDUSD - First "LONG" Then "SHORT"20 SMA - Blue
200 SMA - Pink
Key Confluences - Grey Lines
Structure Supports and Resistances - Red & Green dashed Lines
How I see it:
LONG - TP 0.67200
Then
SHORT - TP 0.65750
Please keep in mind that high volatility data releases can cause total opposite price reactions at any time, but I am sure you know this very well.
Thank you for taking the time to read, boost and / or follow my analysis.
I deeply appreciate it.
Easy AUD/USD 1:6 TradeEasy 1:6 trade, price broke and rejected the trendline and is going up to fill the range.
AUDUSD ShortsMarket structure bearish on HTFs
Entry at Weekly and Daily AOi
Weekly Rejection at AOi
Daily Rejection At AOi
Daily Gave a beautiful Head and should pattern, looking to take advantage of the retest of the Neckline
Previous Daily Structure Point
Around Psychological Level 0.67000
H4 Candlestick rejection
Levels 5.64
Entry 85%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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AUDUSD In 4h timeframe Analysis of the Australian dollar against the US dollar (AUDUSD)
A bearish head and shoulders pattern is observed in the 4-hour timeframe
I enter at this point
It may take a few days
A Buy signalBullish structure, considering the hidden and untap liquidity, total mitigation from the beginning of the THQL. I see it as a good buy
AUD/USD Struggles Near Weekly Lows as US CPI Data The AUD/USD currency pair exhibited a period of consolidation near the 0.6640 level, marking a weekly low, during the initial half of the trading day. This stability came amid a notable absence of significant economic data, although the US Dollar experienced a slight retreat, influenced by the strengthening of the Japanese Yen.
The situation shifted dramatically following the release of the United States Consumer Price Index (CPI) figures. Although the overall CPI numbers met market expectations, the annual core CPI unexpectedly rose by 0.3%, exceeding both forecasts and the previous figure of 0.2%. This development tempered hopes for an aggressive 50-basis-point rate cut by the Federal Reserve in their upcoming meeting, leading to a subsequent decline in the AUD/USD pair.
From a technical standpoint, the pair has already reached its take-profit target, and the Australian Dollar has shown a reaction to a Demand area with a noticeable spike recorded yesterday. The latest Commitment of Traders (COT) report paints a contrasting picture: while retail traders are increasing their long positions on the AUD, institutional investors, often referred to as "smart money," are opting for short positions. This divergence between retail sentiment and institutional positioning suggests that while retail traders are optimistic about the AUD, the underlying institutional sentiment remains bearish.
Considering these dynamics, there is a significant likelihood that the AUD/USD pair could continue to decline, potentially retesting the lower Demand area in the coming days. Traders are advised to remain vigilant and monitor key technical levels, as the mixed signals from retail and institutional participants may lead to heightened market volatility.
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AUD_USD RISKY SHORT|
✅AUD_USD is retesting a resistance level of 0.6700
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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AUDUSD Might be bearish for a longer time The AUDUSD is currently in a downtrend and there might be a continuation of the trend from our support structure which is also our fifth touch on the trend line. This move is also backed by a head and shoulders forming on the 4h. Also the inflation data we got yesterday support our idea as we might start to see a Stronger dollar
#forex #AUDUSD #SELL #Head and shoulders pattern#AUDUSD #SELL
#1D
#4H
In the daily and 4-hour time frame, the classic Head and shoulders pattern.
The price has completed the pattern in the 4-hour time frame and the pullback has also hit the neckline.
In the time frame of 1 day and 4 hours, the indicators confirm the continuation of the downward movement.
R/R:MAX1/4-MIN1/2
AUDUSD H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price is currently at our sell entry at 0.6687, an overlap resistance close to the 127.2% Fibonacci extension
Our take profit will be at 0.6602, an overlap support close to 50% Fibo retracement.
The stop loss will be placed at 0.6749, which is an overlap resistance
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