audusd trade idea #audusd #usdcad #usdchf #eurusd #gbpusdaudusd trade idea #usdcad #usdchf #eurusd #gbpusd
trade at your own risk with proper risk management
AUDUSD.PRO.OTMS trade ideas
AUDUSD Testing Support: Resistance at 0.6750AUDUSD is testing the support level around 0.6680, an important level previously validated.
If the price holds above this support, it may rise towards the 0.6750 resistance, though the EMA 34 and EMA 89 could limit the upward move.
If the price holds above 0.6680 and rebounds, traders may consider opening buy positions with a target of 0.67097.
Regarding news: PMI reports, unemployment data, or interest rate decisions from the RBA and FED could impact AUDUSD. If the U.S. economy shows positive signs, the USD could strengthen, putting pressure on the AUD.
AUDUSD ANALYSIS 15M TIMEFRAMEFOREXCOM: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!!!!
Resistance at 0.67415: AUDUSD at Risk of a Deep DeclineThe 4H chart of AUDUSD shows the price facing a significant resistance zone around 0.67415, where the EMA 34 acts as a dynamic resistance.
EMA 34 and EMA 89 play crucial roles in the short-term trend, with the price fluctuating between these levels and possibly facing downward pressure if it fails to break through the resistance.
A key support zone is clearly marked at 0.66800, and if the price breaks this level, it is likely to continue its deeper decline.
In terms of news: The Australian Dollar is often affected by economic indicators from China, especially production and export data. Any negative factors from China's economy may further weaken the AUD.
AUDUSD Short idea
The price tested the supply/resistance trend and very much
chance to retrace below before breakout.
It is a chance for a short position with SL's recent high.
AUDUSD ANALYSIS - 31 AUGUST -5 AUGUST AUDUSD Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 6
💰 Risk 1% of your trading capital.
⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
SHORT AUDaily live trade with AU in H1
This is my plan. My Strategy is Reversal or Pull Back method.
Win rate 65-70%.
R:R around 1:3
Trading is risky, so follow capital management and follow stoploss.
AUDUSD Targeting Liquidity Levels Below 0.64000The AUDUSD pair is poised to take out liquidity below the 0.64000 level. Key liquidity zones have been identified, and recent market structure shifts indicate a potential move to the downside. Monitor the price action closely for bearish opportunities.
AU MULTI TIME FRAME ANALYSISHello 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 price action 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.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.
Comprehensive Guide to Trading AUD/USD on TradingView
**Description:**
Dive into the world of Forex trading with our in-depth analysis and strategy guide for trading the AUD/USD pair on TradingView. Our approach combines fundamental insights and key economic indicators to provide a robust framework for making informed trading decision
Fundamentals Overview:
1. **Economic Indicators**: Track crucial economic data such as Australia's GDP growth, employment rates, inflation, and trade balances, along with U.S. Federal Reserve policies and economic reports. These indicators can significantly impact the AUD/USD exchange rate.
2. **Commodities Influence**: Given Australia's status as a leading exporter of commodities like iron ore and coal, global commodity prices, and China's demand for these resources play a pivotal role in shaping AUD/USD movements.
3. **Interest Rates**: Monitor interest rate decisions from the Reserve Bank of Australia (RBA) and the Federal Reserve. Interest rate differentials between the two economies can lead to capital flows that impact the exchange rate.
4. **Geopolitical Events**: Stay updated on geopolitical developments that might affect market sentiment and risk appetite. Trade policies, international relations, and global economic stability are crucial factors.
Disclaimer:
Trading foreign exchange (Forex) on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. Be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
LONG AUDUSD FOR INTRADAYAs here we can see price is in so much discount previous week price just traded lower so here i am playing some anti direction move as we can see price is seeking some short term premium i do not know that this price will keep moving higher or not and to be specific we do not need to know that all i am able to see at the moment price is seek premium pd array and i am looking for price to reach 1d sibi
I saw 4h bisi which seems price is holding that and also there is relative equal highs above which are very smooth so using 5m entry at fvg i took long with the expectation for price to take 4h
rqh using 1:2RR
Rising wedge confirmation, PBOC rate cut lure AUDUSD bearsAUDUSD drops to a three-week low early Monday while printing a six-day losing streak as the People’s Bank of China (PBoC) announced a surprise rate cut. The Chinese central bank’s action pushed the Aussie pair to confirm a 3.5-month-old rising wedge bearish chart formation. However, the 50-SMA support of 0.6670 challenges the sellers of late. That said, the bearish MACD signals and the rising wedge confirmation tease bears ahead of the US/Australia PMIs for July and the US Q2 GDP, not to forget the US Core PCE Price Index that is also known as the Fed’s favorite inflation gauge. Hence, a daily closing beneath 0.6670 appears necessary to convince the bears to target the 0.6600 threshold. Following that, the 200-SMA support of 0.6581 can test the downside momentum, along with downbeat RSI conditions, before allowing the sellers to aim for 0.6500 and 0.6400, as well as challenge the yearly peak surrounding 0.6360.
On the flip side, the AUDUSD pair’s recovery remains elusive unless it stays beneath the aforementioned rising wedge’s lower line, now immediate resistance around the 0.6700 round figure. Following that, the 78.6% Fibonacci retracement of December 2023 to March 2024 upside, near 0.6765, and the monthly high of 0.6798 could test the buyers. It’s worth observing that the rejection of the bearish chart formation, by a daily closing beyond 0.6815, appears a strong signal for the Aussie bulls to challenge the yearly peak of 0.6839.
Overall, AUDUSD appears ready to welcome the bears but a slew of top-tier data/events will be decisive to watch.
AUDUSD downside risks build, US data will be keyAUD/USD fell below the 21-DMA and struck a 12-session low Friday on the back of U.S. yield (US2YT=RR) gains rallying the U.S. dollar and the risks of a deeper aussie fall are building ahead of key U.S. data next week.
The U.S. yield gains helped increased the U.S. dollar's yield advantage over the aussie as Australia-U.S. 2-year spreads hit their widest in nearly two weeks.
Should spreads widen further the existing correlation between them and AUD/USD could help extend the pair's recent drop.
Technicals are beginning to highlight downside risks as well.
AUDUSD View!AUDUSD View!
The dollar regained some lost ground on the Japanese yen on Tuesday even as traders remained wary of further intervention by Tokyo to prop up their currency after data showed they likely stepped into markets late last week.
The dollar was last up 0.3% on the yen at 158.44. It had been trading just shy of 162 yen last week before sudden falls, which took it to as low as 157.16 on Thursday.
AUDUSD It is It is on demand, from here upward momentum can be seen, risk can be taken, This is a good setup.
AUDUSD stays on the way to 0.6850 hurdle despite downbeat ChinaAUDUSD prints mild losses while snapping a four-day winning streak and paring the previous gains from a five-week uptrend after China reported downbeat Gross Domestic Product (GDP), Industrial Production, and Retail Sales early Monday. Even so, the Aussie pair defends last week’s upside break of a four-month-old ascending resistance line, now immediate support at 0.6750. The RSI (14) line’s retreat from overbought territory suggests the quote’s additional weakness, but the bullish MACD signals can join the trend line breakout to keep buyers hopeful past 0.6750. It’s worth noting, however, that the pair’s daily closing beneath 0.6750 will direct bears toward May’s peak of 0.6714. Following that, a 61.8% Fibonacci retracement of the June-October downside, near 0.6660, will precede the 200-day Exponential Moving Average (EMA) level of 0.6605 to act as the final defense of the buyers.
On the contrary, the AUDUSD buyers keep the reins beyond 0.6750 and can aim for the 0.6800 threshold for the short term. However, a downward-sloping resistance line from June 2023, close to 0.6850, quickly followed by the late 2023 high of 0.6870, appears tough nuts to crack for the bulls. In a case where the Aussie pair remains firmer past 0.6870, the odds of witnessing a run-up beyond the mid-2023 peak of 0.6900 will be certain, which in turn highlights the 0.7000 psychological magnet for the bulls.
Overall, AUDUSD buyers can ignore the latest retreat unless the quote stays beyond 0.6750.
AUDUSD view!The Australian Dollar recovers its losses as soft US inflation data raises expectations of Fed reducing rates. China's Trade Balance for June came in at $99.05 billion, widening from the previous figure of $82.62 billion. Fed’s Goolsbee stated that the US economy appears to be on track to achieve 2% target inflation.
AUD/USD Long Position SetupMarket Overview:
In the 15-minute timeframe, the AUD/USD pair has shown a clear Break of Structure (BOS) to the upside, indicating a potential bullish momentum. The price has recently broken above the previous high, confirming the BOS. We are now observing a retracement to the demand zone, which aligns with our entry criteria.
Entry: 0.67450 (Upon confirmation of price action in the demand zone)
Stop-Loss (SL): 0.67313 (Below the demand zone to protect against a false breakout)
Take-Profit (TP): 0.67650 (Targeting the next significant resistance level)
Recommendation:
This setup offers a favorable risk-to-reward ratio. Traders should monitor the price action as it approaches the demand zone for entry confirmation. Ensure to manage risk appropriately and adjust the stop-loss to break even once the trade is in profit.
Happy trading!
AUD/USD 4-Hour Chart AnalysisThis chart shows the AUD/USD currency pair on a 4-hour timeframe. The price has reached a sell zone at around 0.67800 and is expected to decline towards the liquidity zones marked on the chart. The analysis highlights key levels of liquidity and a potential break of structure (BoS) around the 0.66600 level. The chart suggests a downward movement towards the 0.65600-0.65400 area, where the next significant liquidity zone is located.
Technical Analysis of AUD/USD - July 8Trend Analysis:
On H4, H1, and M15 timeframes, the market is in an uptrend.
Trading Strategy:
Entry Point: Look for buying opportunities at the M15 demand zone. Place your stop-loss below this zone.
Scenario 1: If the price breaks the M15 demand zone convincingly, anticipate a move towards the H1 demand zone.
Scenario 2: Once the price reaches the H1 demand zone, set up a new trade following the trend direction indicated by the M15 timeframe.
FX:AUDUSD
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...
AUDUSD Major POI!The worries surrounding the French election results saw EUR/USD open with a gap lower at 1.0800 earlier today. But the pair is keeping its upside bias, with buyers staving off a test of the figure level and the key daily moving averages at 1.0794-97. That allowed for a modest bounce with the pair now hovering around 1.0830 levels on the day.
