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
USDAUD trade ideas
AUDUSD LONG IDEA FROM 0.01
RISK IS 12$ ,
REWARD IS 56
USE PROPER RISK MANAGEMENT
.
.Trade Idea: BUY
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 4
💰 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 !!!!
AUDUSD ANALYSIS FOR TODAY Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3
💰 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 !!!!
AUDUSD 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.
AUDUSD 4H AUDUSD ANALYSIS
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 2.8
💰 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 !!!!
AUDUSD 4 Hour Analysis (11 August 2023)AUDUSD 4 Hour Analysis (11 August 2023)
1. Price is in a range / consolidation
from almost 2nd August
2. If the price takes support from the
demand area, also in DMI we can see the
confirmation, then we can go for long
3. If the price breaks the demand area,
then with retest we can go for short,
but we will take a confirmation on DMI / ADX
AUDUSD ANALYSIS OVER H1 CHART.AUD/USD Price Analysis: The key barrier is seen at the 0.6600 area
The AUD/USD pair remains on the defensive around 0.6555 in the Asian trading hours on Wednesday. The prevalent US Dollar buying bias is supported by the headlines surrounding the US-China relationship.
That said, the US government intends to target only Chinese companies that generate more than 50% of their revenue from quantum computation and artificial intelligence (AI). However, US President Joe Biden is expected to issue an executive order this week about the restriction, according to Bloomberg.
According to the four-hour chart, AUD/USD trades below the 50- and 100-hour Exponential Moving Averages (EMAs), highlighting that the path of least resistance for the pair is to the downside.
The key resistance level for AUD/USD will emerge at 0.6600, indicating a confluence of the upper boundary of the Bollinger Band, a high of August 4, and a 50-hour EMA. A break above the latter will see the next upside stop at 0.6625 (low of July 28) en route to 0.6650 (100-hour EMA). The additional upside filter is located at 0.6700 (high of July 31, a round figure).
It’s worth noting that the Relative Strength Index (RSI) stands below 50, challenging the pair’s immediate downside for the time being.
AUDUSD downside hinges on 0.6470 breakdown and Aussie/US dataA clear downside break of the 10-month-old rising support line teases the AUDUSD bears as China releases mixed inflation data from July. Even so, an ascending trend line from early November 2022, close to 0.6470, could join the nearly oversold RSI to challenge the Aussie bears. Following that, a 78.6% Fibonacci retracement of October 2022 to February 2023 upside, near 0.6375, may act as the final defense of the bulls before the late 2022 low of 0.6170 gains attention.
Meanwhile, AUDUSD needs to provide a daily closing beyond the support-turned-resistance line, near 0.6540 at the latest, to recall buyers. Following that, a three-week-old falling resistance line, around 0.6650, could check the upside momentum ahead of targeting May’s peak of around 0.6820. It’s worth noting, however, that the double tops surrounding 0.6900 become the key hurdle to the north for the pair buyers to crack for conviction.
Overall, AUDUSD slips into the bear’s radar but the road towards the south is long. That said, Thursday’s Australia Consumer Inflation Expectations for August and the all-important US Consumer Price Index (CPI) will be crucial for the pair traders to watch for clear directions.
AUDUSD Buy IdeaHello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full 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. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
AUDUSD with orderflow concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
AUDUSD IDEA BY GFFX Trade Idea:
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 4
💰 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 !!!!AND IF YOU HAVE doubt , WHAT STOPPING YOU TO ASK HOW ?
audusd - buy Trade Idea: buy Signal
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 3.5
💰 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 !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
AUDUSD _ BUYTrade Idea: BUY Signal
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART)
💡 RISK REWARD 1 : 10
💰 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 !!!!AND IF YOU WANT TO LEARN IT WHAT STOPPING YOU TO ASK HOW ?
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.
AUDUSD has a long way to go before convincing bullsAUDUSD fades bounce off a three-week low while poking a two-month-old rising support line, now immediate resistance around 0.6730, on the Reserve Bank of Australia (RBA) Interest Rate Decision Day. Adding strength to the upside barrier is the 200-DMA hurdle surrounding the said 0.6730 level. Following that, a run-up towards the 50% Fibonacci retracement of February-May downside, near 0.6810, will be quick. However, the double tops around the 0.6900 round figure, close to the 61.8% Fibonacci retracement of 0.6890, can challenge the buyers before giving them control.
On the contrary, the AUDUSD pullback appears elusive beyond the latest swing low surrounding 0.6620. Even if the Aussie pair drops below 0.6620, a horizontal support zone comprising levels marked since early March, near 0.6560-55, will act as the last defense of the bulls ahead of challenging the yearly bottom of 0.6458. It should be noted that the Aussie pair’s weakness past 0.6458 won’t hesitate to challenge November 2022 trough and the previous yearly low, respectively near 0.6270 and 0.6170.
Overall, AUDUSD remains on the bear’s radar despite the week-start rebound and remains a good candidate for “sell the bounce”.
AUDUSD portrays bearish triangle on Australia inflation, Fed decAUDUSD fades bounce off 200-EMA, reversing from a one-week-old falling resistance line, as Australian inflation and the Federal Reserve (Fed) Interest Rate Decision decorate the calendar. Given the downbeat oscillators, as well as the Aussie pair’s placement within a two-month-old bearish triangle, the quote stays on the seller’s radar. However, a clear downside break of the stated triangle’s bottom line, close to 0.6690, becomes necessary to convince bears, not to forget the need for a sustained close beneath the 200-EMA level of 0.6730. Following that, the late June low surrounding 0.6595 and the previous monthly bottom of near 0.6485 will gain the market’s attention. In a case where the Aussie pair remains bearish past 0.6485, the theoretical target of the bearish triangle confirmation, near 0.6240, should be logical to expect as the target for the short positions.
On the contrary, an upside break of the seven-day-old resistance line, around 0.6790 at the latest, will precede the 0.6800 round figure and the last weekly high of near 0.6850 could test the AUDUSD buyers. However, major attention will be given to the triangle’s top surrounding 0.6900, a break of which won’t hesitate to propel the Aussie pair toward the 0.7000 psychological magnet. Should the quote stays firmer past 0.7000, the mid-February peak of around 0.7030 may check the upside momentum ahead of directing the bulls to the yearly top close to 0.7160.
Overall, AUDUSD appears slipping off the bull’s radar but the sellers need validation from the triangle breakdown and the fundamentals.