Get started

U.S. Dollar / Australian Dollar

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Economic Calendar

USDAUD trade ideas

AUDUSD needs validation of Thursday’s bullish DojiWhile justifying Thursday’s bullish Doji candlestick, AUDUSD not only bounces off the yearly bottom but tries to regain above 100-day SMA and a three-week-old horizontal resistance. However, daily closing above 0.7620 becomes necessary for the AUDUSD buyers to eye the 0.7700 threshold. It should, however, be noted that the 50-day SMA level of 0.7730 and January tops close to 0.7720 are extra upside filters that stand ready to test the bulls ahead of directing them to the multi-month top marked February around 0.8000. Meanwhile, a daily closing below 0.7560 should recall the AUDUSD bears targeting December 21, 2020 low near 0.7460. However, the 0.7500 round-figure can offer an intermediate halt during the fall. Also, tops marked during early December 2020, near 0.7450 offer extra supports to test the sellers.
Short
by MTradingGlobal
AUDUSD-Will reach 0.74 ? b4 will bounce to 0.79 for b) or ii) ?Dear friends, Don't follow me blindly...what i am sharing here, is my knowledge not signals I am sharing my view through Elliott waves from past 4 yrs....i learned tons and tons here and market taught me lot and still teaching and i am listening to the market...and i am getting a lot of PM's regarding NEGATIVE COMMENTS from my friends...i am sharing here my view for a educational purpose and i am still a learner and i am sharing not my only my view and my experience if u PURELY LISTENNED to my MARKET COMMENTARY... i am not a market mover...just i am keep changing my view according to the PRICE ACTION and i written detailly about that in market commentary...there is no short cut to earn money and cant make a fast cash...if u do that also it may go like that.... My ambition is to create an awareness to the traders, to promote the education not to do BLINDLY...If u look my past 4 yrs chart and now...i fine tuned or refined my strategy...and still looking for finetune...so if u r following my trade plans as a signal its not my fault...If you are not encouraging also not mind but dont discourage...if you are not comment also dont leave the negative comments, if you are not motivate also dont demotivate...because NAGATIVE is more powerful than POSITIVE...i wont care about such comments...because of your comments i wont stop anything in MY PRACTICE...it will take time and to digest such comments for first 2-3 days and again i rebuilt my positive activity and my view and then again i keep start my sharing...i dont need a roadblocks in my journey. If it happen also i need to cross that and i continue...but that crossing time is DELAY for my journey to reach my GOAL...so try to be a friend...just learn or leave .if you didnt like a page in your story book just turn that... Don't look that, Like that dont look my chart...just skip that...thanks lot ...here some quotes by BRUCE LEE... 1. I fear not the man who has practiced 10,000 kicks once, but i fear the man who has practiced one kick 10,000 times " 2. A GOAL is not always meant to be reached, it often serves simply as something to AIM at 3. Those who are UNAWARE they are walking in darkness will never seek the light 4. To hell with circumstances i create the opportunities 5. I don't teach you anything. I just help you to know yourself 6. Always be yourself, express yourself, have a faith in yourself, do not go out and look for a successful personality and duplicate it. 7. Don't fear failure... in great attempts it is glorious even to fail 8. Absorb what is useful, reject what is useless, add what is specifically your own 9. Notice that stiffest tree is most easily cracked, while the bamboo or willow survives by bending with the wind 10. The successful warrior is the average man with laser-like FOUCS - Market Commentary: LEARNING ELLIOTT WAVES IS LITTLE BIT TOUGH (FOR ME IN BEGINNING) BUT I TOOK IT AS A CHALLENGE AND THAT IS NOT IMPOSSIBLE ALSO... First have an look for the positional trend i shared here previous....if you are a follower of me...and sometimes i will share the counter trend trade also in 15 mins and 1hr...but that is risky ones...so if the trend is bearish or bullish, if i am expecting the correction...book the profit there and wait the correction to end and again go with the trend....DONT TRADE THE COUNTER TRADE SETUP...you will took loss too...try to identify the short term pull back and the long term pull back after that took small lots in the short term PB with strict stop and go with big lots in the trend side that is long term. I WONT TOOK ALL THE TRADE PLAN SHARED HERE... Read the market commentary inside the chart what i shared here carefully and try to learn Elliott waves...otherwise its tough to understand the market commentary and my analysis. I wont give a entry, stop loss and take profit in my chart...it is only for EDUCATIONAL PURPOSE and i am sharing how i am analyzing the pair and labeling them according to the Elliott wave theory...I AM JUST SHOWING THE TREND HOW IT MAY GO AND MY VIEW(it may wrong too)..so DON'T FOLLOW BLINDLY MY CHART..take this as a reference and if it correlate to you strategy took the trade as per your strategy...DON'T ASK ABOUT YOUR RUNNING TRADES i wont comment on them and I WONT SUGGEST TO TAKE MY TRADE SETUP. I am a technical analyst based on trendline, channel, fib retracements, expansion, stochastic for divergence, EMA's and MA's are finding the pull backs and MAJOR IS ELLIOTT WAVES...those mentioned above are using as a TOOLS only. I am not a fundamental, sentimental trader...but only the fundamental will boost my technical analysis to reach my target or sometimes it will go against me and then i will manage the trade according to the Elliott waves alternate views...Each and every trade plan i am sharing here has a alternate view and i am sharing only the most probabilities(70-80%) here...sometimes the other (20-30%) may market do..then i will change the wave counts and labeling according to the price action. All labeling and wave counts done by me by manually and i will keep change according to the LIVE MARKET PRICE ACTION. So dont bias, hope on my trade plans...try to learn and make your own strategy...Following is not that much easy...I AM NOT RESPONSIBLE FOR ANY LOSSES IF U TOOK THE TRADE ACCORDING TO MY TRADE PLANS....THANKS LOT..CHEERS
by nmkvijay
AUDUSDAs I said last week ....AU started the descent as we anticipated last week when it hit the trend channel line! ....AU it dropped 300 pips from the 700 forecast last week and now will have a range period in this area of ​​100-150 pips after which it will continue the descent towards 0.74500 and then towards 0.70000 THIS WEEK...I will bet on the same analysis from last week and I think it will test once again the trend line and the edge of the Ichimoku cloud and from there ... DOWN AGAIN for at least 300-500 pips NOTE: Starting this week I will try to highlight in parallel the chart for 1 week and the one for 1 month for a better accuracy of the analyzes - This pair may be influenced in the short term by any news GREAT ATTENTION: Our analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL! We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market. *This information is not a Financial Advice.
by BloomFX_SIGNALS
AUDUSD remains vulnerable despite corrective pullback above 0.76AUDUSD wavers around 11-week-old support during early Tuesday, recently bouncing off the monthly low. However, the pair’s sustained trading below an ascending trend line from November 02 and 50-day SMA keeps sellers hopeful. While fresh selling should begin following a daily closing below the immediate support line, at 0.7650 now, the yearly bottom around 0.7560 and the 100-day SMA level near 0.7530 will test the bears afterward. Meanwhile, an upside break of 50-day SMA and the support-turned-resistance line, respectively around 0.7735 and 0.7775, will have to refresh the monthly top near 0.7840 to recall the AUDUSD bulls. Following that, the 0.7900 round-figure may offer an intermediate halt during the rally targeting to refresh February’s peak close to the 0.8000 psychological magnet.
Short
by MTradingGlobal
AU weekly review This week we had 4 trades that fit our go to set ups perfectly. 2 solid runners to the start week, followed by 2 small wins with partials taken for profit and the remainder taken out for BE. The analysis for these start on the 1hr time frame and in some cases even higher. We mark out out key areas, our overall bias and only then drop down the 15, 5 and even the 1min for the actually entry depending on the style of trade that we have forecast. No matter what strat you use to trade it is crucial that you only drop down the lower time frames looking for entries after you have first marked out the key areas for both entries and potential PTs first. Another key lesson to take away from these trades is the importance of taking partials as the trade starts to move in your favor. This allows you to reduce risk quickly, and turn other wise potential losses into small wins. This alone will greatly improve your strike rate and in turn reduce draw down and improve your over all psychology which is arguably the most important aspect of trading.
by Matt-The-Trading-Cartel