AUDUSDCurrently on AUDUSD London session made low of the day also making a market structure shift within it and now price has just retested to the +OB so now we will be expecting a distribution to the upside Longby BigBenCapitalsPublished 5
AUD/USD LONGAUD/USD LONG " break of structure + 72% fib retracement + 50 ema dynamic support "Longby elyes_hantousPublished 112
AUD: It's Been Brewing, Now It's the Time!Fundamentals & Sentiment USD: - Weak Services PMI, Employment, Factory Orders - Expectations of lower NFP number tomorrow - Fed's stance is stable: wait and see AUD: - Policy meeting: "Policymakers stressed the need to remain vigilant about upside risks to inflation, adding that a material rise in prices could require significantly higher rates." - Interest rate expectations differential in favor of AUD - Copper is showing the signs of recovery Technical & Other Setup: S(B) Setup timeframe: D Trigger: 4h Medium-term: Sideways Long-term: Up Min target: 3:1 Risk: 0.37% Longby Cherry94Updated 2
AUD/USD Bullish Pennant Breakout: Trade SetupThe AUD/USD pair has formed and broken out of a bullish pennant pattern on the daily chart, indicating potential for further upward movement. This technical setup aligns with a continuation of the bullish trend. Trade Setup: SL: 0.6700 TP: 0.6850Longby GlobalMarketGuruUpdated 3
Long bias on AUDUSDFollowing my previous AUDUSD idea, we see price bounced off the resistance level and gapped lower over the weekend. But my bias is still long. Although I do not dabble in fundamentals too much, the market is anticipating a rate cut soon which may weaken the USD. Along with the technical uptrend of the AUDUSD pair, it's a no brainer to buy. I look to place long trades on either of the possible price action paths shown on the chart.Longby gunhyUpdated 1
A buy opportunity on AUDUSD .AUDUSD has been stucked in a range for a while ,but now we have break in market structure and the price is currently retracement in to our discount zone.Longby RealChartistHubPublished 222
AUDUSD Day Trade Follow trendDXY might need more time to recover , we can still use the leftover strength to pick some profit from it ~ lets rock the market ~ gentlely softly quietly . haha Longby BKGTrader35Published 117
AU Prep for sell to buy BOS on 1 and 4 hour timeframe. Market should retest and sell down first and will explode up to weekly/daily/4 hour bearish zone. Will look for long term and multiple sells once hitting top zone. Looking for initial buy from .66840 zone first. by RackManPublished 110
AUDUSDWe enter right now buying this pair. I will keep my intention to obtain profits buying it till thursday morning. blessings. thks. Longby SGsauragestionUpdated 2
AUD/USD swing trade setup This AUD/USD pair could completed its correction already Wave (1) = diagonal Wave (2) = complex correction W-X-Y (expanded triangle) Wave 1-2 (expanded flat completed last night 26/6/2024) of 3 If this wave count is valid, possible short term target (days-weeks) are 1) 0.68 2) 0.694 Price should not go lower than 0.664 If it goes lower than 0.658 -> this idea will be invalidated Looking at DXY, this bullish idea may be possible Editors' picksLongby UNRPPUpdated 1515479
Critical Zones for #AUDUSDThe depicted zones are critical for #AUDUSD .The price can react to them and can be entered in long positions. Up to your entry type and risk management set TP/SL. Do not forget that you cannot succeed in this market without proper risk management.07/08/2024by FarshidEMPTRDUpdated 1
AUDUSD forming triple top reversal patternAUDUSD formed triple top pattern on hourly time frame which is a reversal pattern short sell is the call with stop loss at previous higher high.Shortby kashif1999Published 1
Idea about audusd I can see more bulish on audusd and it can be more bulish and if that break that restancis if can be more Longby hamaproPublished 4
AUDUSD: Long-termHello Traders, What do we have here? Long-term broken bearish channel Mid-term bullish channel Short-term bullish channel Why Short? Around middle of bearish short-term channel. Around top of bearish mid-term channel. Why long? A long-term bullish channel is broken! Short-term channel is bullish and the most important one: Bullish candles are stronger! Set bullish setup after breaking the 0.68800 around 0.6850 and the TP is 0.6987 Longby AliSignalsPublished 225
AUDUSD D1 - Short from 0.6900AUDUSD D1 Another setup here which involves the USD. We had previously been looking to catch longs from this 0.67 handle price. We pulled back somewhat on the H4, but not quite enough to trigger our 0.67 alerts. As we start the fresh trading week, we are extended higher, with targets on that 0.69 handle. AUDUSD could be offering a monster 200 point trading range here. From 0.67 to 0,69, with lots of void in between. Therefore fairly fast paced, directional trading for this instrument (typically a bit rare due to AU's slow trading nature).Shortby Trade_Simple_FXPublished 1
Uptrend It is expected that after some fluctuation and correction to the support range, a trend change will be formed and we will see the beginning of the upward trend. With the break of the support range, the continuation of the corrective trend will be likely Longby STPFOREXPublished 1
AUDUSD Day Trade Long - 1:2 RRPrice has bounced off support and candlesticks provided confirmation. RSI shows a divergence.Longby gunhyUpdated 3
AUDUSD Possible Long Position BBMA ReEntry Zone Zero Loss4H - Re-Entry 1H - 50 EMA Rejection + Bollinger Band Rejection 15m - Entry in MAHILO Note: * Cancel trade or cut-loss when candle close Above MAHI (2 Red Color Lines) in 4H * 1:3 RRR * TAYOR A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysisLongby GreggiBondPublished 0
#AUDUSD Breakout of The 30 Months Old Descending Channel🔸In the past 10 days the Australian Dollar's value has gone up against the US Dollar just like every other currency trading against the Dollar, the AUDUSD pair price has increased by 2.4% going from 0.6633 to 0.6797. 🔹DXY has experienced an almost 2% decrease during the same period falling from 106.034 down to 104.069 amidst an failed assassination attempt against the former president of United States. 🔸Lower interest rates and a higher deficit weakening the Dollar has helped AUDUSD to breakout of the descending channel, a weak USD can help AUD to set new targets at 0.6866, 0.6900, 0.6995 and 0.7110. 🔹Conversely, if the US Dollar turned back into the green or with possible weakening of the Australian Dollar the price can retreat back to the support line of the triangle pattern that has been intact for the past 8 months, if the price fell below this support and the 50 MA (0.6656) the price can retreat back to the 200 MA (0.6571), 0.6456, 0.6390, 0.6290 and 0.5998. Zanzibar TradingLongby Zanzibar_TradingPublished 4
Trenline thoughts1981 Reagan attempted now Trump attempted I believe history will repeat itself 40 years in the makingShortby ICpatternsPPLPublished 5
AUDUSDAudusd is currently bearish we are approaching a minor level for sells if it hold we should see audusd drop but if we invalidate it we should see audusd rally back to the major zoneby Showboi-fxPublished 226
AUDUSD Continuation HigherAUDUSD can be expected to move higher with a price target of 0.69 Short term USD weakness along with commodity prices rising will fuel AUDUSD gains. With US inflation improving, the Federal Reserve is expected to start cutting rates in September. This may lead to the USD weakening. Expect bearish or sideways movement on the DXY. I will be looking for pullbacks on the lower time frames to get into long positions on this pair. This week we have some important news events that will affect this pair: Monday - US Empire State Manufacturing Index, Fed Chair Powell Speaks Tuesday - US Core Retail Sales m/m, Retail Sales m/m Thursday - Australia Employment Change, Unemployment Rate, US Unemployment Claims Longby TheForexMessiahPublished 223
AUDUSD Strong BuyStrong Buy AUDUSD! Entry after a pullback in the area of 0.6720 and stop below 0.6665. The projection results in a target at 0.6900. (174 Pips) Risk/Reward: 3.26 Reasons: Weekly Delta Positive and rising. Lots of dormant liquidity in the area above 0.6900 Furthermore, the seasonal trend for the next 2 weeks shows strong support for the AUD!(5y) Plus Lots of short traders trapped with stops in the 0.7150 area, which shows much higher potential for longer term positions in AUDUSD. All of this would be confirmed if the AUD can establish itself above 0.6900Longby EdgezonePublished 118