USDAUD trade ideas
AUDUSD:Sharing of the Latest Trading StrategyAll the trading signals this week have resulted in profits!!! Check it!!!👉👉👉
Technically: On May 10, the AUD/USD exchange rate was 0.6409, an increase of 0.1438% compared to the opening price. Previously, the AUD/USD broke through the 50% Fibonacci retracement level of the downtrend from 2024 to 2025, and the 14-week momentum reading is positive, indicating an obvious upward trend. If it can firmly stand above 0.6400, it is expected to continue to rise and challenge the previous high. 0.6350 below is an important support level. If it is lost, it may trigger a pullback.
In terms of news: The Reserve Bank of Australia may start cutting interest rates in May 2025, and changes in market expectations for interest rate cuts will affect the trend of the Australian dollar. At the same time, U.S. economic policies and trade dynamics will also have a significant impact on the AUD/USD exchange rate.
Trading advice: Aggressive traders can open a long position with a small position near 0.6400, with the target set at 0.6450 and above.
Trading Strategy:
buy@0.6380-0.6400
TP:0.6430-0.6450
The signals in the Signature have brought about continuous profits, and accurate signals are shared every day. Hurry up and click to get them!
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AUD USD Long Position. Audusd is at the highest point in the last 3 months and also is at an imbalance (low volume node). The weekly (last week) and daily market profiles from last week (friday) suggested a reversal in price due to demand drying up, but the aggressive surplus of buy imbalances marked by the 2hr footprint chart show sellers are being absorbed and demand is still willing to go higher.
Trade snapshots for proof:
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AUDUSD Short PotentialTechnical Analysis
The AUDUSD pair is currently trending upwards due to USD weakness. The pair seems overbought based on stochastics > 80%
Fundamental Analysis
The RBA is widely expected to cut interest rates at its upcoming 20th May meeting. Inflation has fallen substantially based on previous RBA meeting minutes which warrants a current 25 basis points rate cut with more expected in the future.
Trade Setup
Short positions are preferred based on the current AUDUSD strength with a potential entry around .6547 which is near the 61.8% Fib level with a S/L at .6562 and T/P at the 50% Fib level around .6437.
AUDUSD LONG FORECAST Q2 W19 D5 Y25
AUDUSD LONG FORECAST Q2 W19 D5 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Intraday 15' order block
✅Tokyo ranges to be filled
✅Intraday bullish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AudUsd Expanding TriangleAudUsd is making a bullish structure in the more recent timeframes. Based of specific patterns, I'd say this inclines to be an expanding triangle, which price just broke above, and it seems to stay above, after failing to go lower lows near the top. Price broke above, made a retest and I think it is more wise to buy after it made a positive reaction to this well known expanding triangle pattern.
Week of 5/4/25: AUDUSD AnalysisAfter a hellish week of consolidation, price has made its move higher (finally) and we're back to a trendy chart.
My analysis the beginning of the week shows 2 POIs that I am interested in for longs, and if it breaks the level that I pointed out bearish, I will look for shorts.
Thanks for tuning in!
Major News:
FOMC - Wed
Unemployment - Thurs
AUDUSD looking Bullish?!!Hello traders I hope you are having a wonderful week!!!
We have this wonderful resistance which we broke out of and now we might be looking at buys.
This resistance has also been a market high for a few days now.
That white line there is my Pivot for next week and it serves as a great spot to put my SL.
$AUDUSD: low risk long entry GM gents, hope you're having a nice weekend.
I was looking at FX after hearing Warren Buffett's remarks about FX ('wise to own more currencies other than the Dollar') and noticed there's a buy signal in the Aussie Dollar.
I was long FX:USDJPY for a couple days already, so this is the same theme of a rebound in economically sensitive risk assets and commodity currencies.
Best of luck!
Cheers,
Ivan Labrie.
AUD/USD, Are Bull Set for a Breakout ?This analysis dates from the 3rd of May, this is in no way financial advice and should be taken into account in an objective way. Make your own opinion about it, don't take it for granted.
- AUD/USD is trading around the 0.64000 area on the daily chart, it has been consolidating around that area since April 21st following a 7 consecutive bull rally. Where it is heading to next still needs to be determined. Nevertheless, there is a clear Expanding Triangle dating since the start of 2025. (see image attached),(13th January, 03rd of Feb, 09th of April for the lower bar and 27 January, 20th Feb, 17th March, 23rd of April for the upside channel).
- This expanding triangle is similar to the one identified on NZD/USD which had an upside breakout and is now consolidating around the 0.59200.
- Whether there is an upcoming BO on Aussie Dollar is still TBT, but odds slightly favor the bulls following the strong rally in the first half of April. Nevertheless, it has been trading in a trading range since April 21st and there are no confirmed breakout yet. Needs to be closely watched in the coming days!! If bulls manage to get consecutive strong bull bars, this could set the stage for an measured move up for at a minimum a test of the 0.66000 area (downside channel from Feb 2021 to Nov 2024 on the Monthly).
- The Bear reversal case is harder to argue for, as they only managed to get one strong bear bar (04th April), with no follow through selling, The market has been trading for longer on the upper bracket of the extending triangle which means the market participant agree more on higher prices. Stay tuned for further updates !! Peace.