AUD/USD TRADE SETUP Yesterday AUD made it 3months low $0.64404 and today little bit positive but still making on daily time frame lower low . Aud will continue it’s downside move to $0.63000 .
Better stay away from aud trade or made short side positions till do not made higher high formation formations / closed above daily based higher to previous high .
Stay tuned with me for more updates:-
Audusdanalysis
AUDUSD 1D Timeframe ProjectionAUDUSD 1D Timeframe Projection.
Daily and Weekly trends are Bullish.
DISCLAIMER: All labelling and wave counts are done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't be bias, hope on my trade plans...try to learn, and make your strategy... Following is not that easy...
AUSDUSD shortFOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
AUDUSD ShortFOREXCOM:AUDUSD - 4H Analysis
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
Markets can be Unpredictable, research before trading.
Disclaimer: This trade idea is based on Smart money concept and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions. Informational only!!!!
AUDUSD ShortFOREXCOM:AUDUSD
if you like the ANALYSIS, give a BOOST
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUDUSD trading strategy on October 20The RBA meeting has been held and we have found the co-governor leaning towards the possibility of additional interest rate hikes and will await economic data in the near term.
In line with the hawkish trend, RBA Governor Michele Bullock spoke at the summit yesterday and pointed to recent back-to-back events that provide a high reward.
All of this makes Wednesday's Australian Q3 CPI the focus of attention for AUD.
A Bloomberg survey expected the full share to come in at 5.2%, well above the RBA's mandated target of 2-3%.
In the near future, US government bond benefits will increase higher than continued USD support and could create AUD/USD at a new bottom.
AUDUSUD ShortFOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUDUSD LongFOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUDUSD LONGFOREXCOM:AUDUSD
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUDUSD BuyAUDUSD ANALYSIS
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUD-USD 1h trade setupAUD-USD is moving in sideways pattern in HTF where we are aiming to buy on lows and sell on highs
on 1h time frame
there are few key areas to lookout
LTF Demand Zone 0.65190 to 0.64970
LTF Supply Zone 67395 to 67140
Pullback Area 0.66030 - 0.66320
we also have bullish divergence on RSI indicator
we can use pullback area as Target 1 and LTF supply zone as Target 2
or simply use trailing stop loss based on the trading style
AUD/USD On Major Suppport - BUY TrendHello traders! Today, I am sharing a strong trade idea for AUDUSD that could potentially result in profits. The gold price has been showing a bullish momentum, making higher highs and higher lows (HL) on the daily chart, indicating a potential uptrend.
For the Entry, Take Profit and Stoploss refer to chart.
As always, it is important to consider risk management strategies and remain vigilant, as unexpected events and news could impact the markets.
In conclusion, I believe that buying AUDUSD using the higher highs and HL analysis could be a profitable trade idea. Thank you for following my trade idea, and I wish you all the best in your trading journey. Happy Trading!
Disclaimer: This trade idea is for educational and informational purposes only. Trading in the financial markets involves risk, and past performance is not necessarily indicative of future results. Before placing any trades, you should carefully consider your financial situation, risk tolerance, and trading experience. Please be aware that trading in the foreign exchange market, particularly with leveraged instruments such as CFDs, involves significant risks and may not be suitable for all investors. The author shall not be liable for any losses incurred as a result of using this trade idea. Traders should always trade at their own risk and responsibility.
32,600 Jobs Added! Aussie Dollar Skyrockets!32,600 Jobs Added! Aussie Dollar Skyrockets!
The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double.
This development propelled the Aussie currency up by over 0.9%, reaching an intra-day high of $0.6834. The New Zealand dollar also rode the wave, gaining 0.57% to reach $0.6299. Both Antipodean currencies are now poised to reverse the losses incurred over four consecutive trading sessions.
The current market sentiment favors the bulls, with both short and long-term momentum in their favor. Price action is trading above the 50 and 200-day moving averages, reinforcing the positive outlook for the Australian dollar.
Elsewhere in the currency market, the sterling is doing its best to counter deep losses following a sharp fall in the previous session. The decline was prompted by Britain's inflation data, which fell short of market expectations.
The British pound managed a modest recovery, trading 0.15% higher at $1.2958 in the latest session.
Who's Right? Hawk Economists vs. Dove Traders - RBA meets Today Who's Right? Hawk Economists vs. Dove Traders - RBA meets Today
Yesterday, the AUD/USD experienced its third consecutive day of growth. However, the upward trend is expected to face obstacles during Tuesday's trading session due to the impending Reserve Bank of Australia meeting.
Despite some analysts adopting a more hawkish stance and predicting a rate hike as the most likely outcome of today's meeting, money market traders have reduced their forecast to a one-in-three chance of an increase, down from 40 percent on Friday afternoon.
Although inflation numbers in Australia have slowed down, the Consumer Price Index remains above the target range, while the key interest rate stands at 4.1 percent, below the CPI. Furthermore, recent remarks from RBA Governor Lowe have maintained a hawkish tone, leaving the possibility of further rate hikes open, even after two unexpected increases.
As US markets remain closed in observance of Independence Day, the AUD/USD has been consolidating at 0.66700 prior to the RBA decision. With conflicting views from economists and traders, the meeting's outcome has the potential to inject some volatility into the pair.
In terms of potential resistance levels, the initial zone to watch out for is around 0.66900, followed by 0.67200. However, it is important to note that considering the RSI's decline below the 60.00 level, the upward momentum has weakened. Nevertheless, the overall inclination remains biased towards the upside. Therefore, exploring higher levels may not be immediately feasible.