AUDUSD D1 - Short from 0.6900AUDUSD D1
Another setup here which involves the USD. We had previously been looking to catch longs from this 0.67 handle price. We pulled back somewhat on the H4, but not quite enough to trigger our 0.67 alerts. As we start the fresh trading week, we are extended higher, with targets on that 0.69 handle.
AUDUSD could be offering a monster 200 point trading range here. From 0.67 to 0,69, with lots of void in between. Therefore fairly fast paced, directional trading for this instrument (typically a bit rare due to AU's slow trading nature).
AUDUSD
AUDJPY - Looking Toppish! BIG Drop Inbound!All JPY pairs look like they're at the very top of their patterns.
AUDJPY is currently confined within a parallel channel and we're at the very top of the pattern.
We are now looking for any reversal signs on lower timeframe to indicate that the top is in. There's a number of ways this can be done.
1. Trendline Break
Watch for price to break a trendline that price has been respecting
2. BOS
Watch for price to break a significant swing point
3. Moving Average break
Watch for price to break a moving average that has been respected well
Any of these could be the first signs that the reversal is taking place. If we get more than 1 signals, it will give us even greater confidence that the reversal is taking place.
These methods can be applied to any timeframe.
For the higher timeframe, the break of red trendline shown in the chart can be used as an indication that the reversal is taking place.
What do you guys think?
Goodluck and as always, trade safe!
AUDUSD W pattern completion - Can FallAUDUSD has reached an area where it has completed a complex W pattern. There are a few levels and zones (as on the chart) to be watched.
When W pattern completes, a correction comes. This idea is on the daily time frame, so wait for a confirmation on smaller time frame to execute trades.
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AUDUSD Trading IdeaBased on Simple Technical Analysis ( Trendline + Support & Resistance )
Risk Disclaimer:
Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are for educational purposes only. Any action you take on the information in these analysis is strictly at your own risk. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Good luck :-)
Is Australian Dollar (AUDUSD) on the verge of collapse?
This is CoT index of Australian Dollars. As you can see every time Commercials(blue line) are in long term(3-year) negative extreme AND Retailers(green line) are in positive extreme, the asset tanks.
The vertical blue lines are the past identical situations. The last time we had this condition was September 2017 which resulted in multi-year downward momentum.
Here is the commercials net position. The last time they were negative in net positions was July 2020. which resulted in AUD going down up to now. Now they are negative again.
This is Retailers net positions. Interesting part is whenever their net position is around 10,000, AUDUSD seems to go down.
On top of that the 5, 10, and 15-year seasonality trends indicate that the market typically reaches its peak around July 24. Therefore, it is expected to decline from that point onward.
After finishing its retest @ .673 Post PPI, Saddle Up AUDUSDMorning,
My thoughts and research lead me to believe the PPI will come in more or less in line, +.1 MoM and the Aussie back will finish cleaning up orders/retest at the EMA 200 ~.673 and continue its March toward .70+. Continued market sentiment around optimism for rate cuts will continue to put pressure on the dollar, likely setting up a new range.
Low Risk Buy Area .673 (EMA 200) and .675 (EMA 100)
TP1 .67800
TP2 .68
+700pips into weekend
Good Luck.
Aussie H4 | Falling to overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6757 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6723 which is a level that lies underneath an overlap support and the 38.2% Fibonacci retracement level.
Take profit is at 0.6798 which is a pullback resistance.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Levels Discussed Post US CPI and BoJ InterventionDXY: Now consolidating on 104.50, needs to stay below 104.80 to remain bearish, with key support at 104 round number.
NZDUSD: Buy 0.61 SL 20 TP 50
AUDUSD: Buy 0.6810 SL 20 TP 60
USDJPY: Look for reaction at 160 (possible 2nd intervention level from BoJ)
GBPUSD: Buy 1.2940 SL 40 TP 90
EURUSD: Look for reaction at 1.0920
USDCHF: Looking for reaction at 0.89
USDCAD: Likely to range between 1.36 and 1.3650
Gold: Needs to break 2420 to trade up to 2450
WEEKLY FOREX FORECAST July 8-12th: FX PAIRS UPDATES!We are updating the Weekly Forecasts for FX Pairs I posted last Saturday.
Click the link below to check out the video in case you missed it.
Was the analysis accurate? Did we reach our targets?
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Bullish bounce?AUD/USD is falling towards the support level which is a pullback support that aligns with the 50% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.6712
Why we like it:
There is a pullback support that lines up with the 50% Fibonacci retracement.
Stop loss: 0.6675
Why we like it:
There is a pullback support level.
Take profit: 0.6789
Why we like it:
There is a pullback resistance level.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
XAU/USD : First Long, Then SHORT (READ THE CAPTION)By analyzing the gold chart on the 4-hour timeframe, we observe that the price is currently trading around $2382. In a few minutes, we will have CPI statistics, and if these figures exceed the predicted rate, it could lead to a decline in gold prices or vice versa! Possible scenarios include the price initially breaking through the $2393 level for liquidity accumulation, even reaching $2404 to fill the old FVG , and then experiencing another decline. Alternatively, the price might start falling right from this current range. Pay attention to the important levels I’ve identified and be cautious during trading around the news!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
AUDUSD → Price squeezes in front of resistance. A breakout?FX:AUDUSD is forming a strong consolidation on the chart as the price is squeezing to the resistance at 0.67. On the background of weakening DXY, buyers have chances to break the area.
There is news ahead and at the moment traders are preparing to break resistance. Favorable news may contribute to the breakout of the strong limit zone and the formation of a distribution towards 0.684. Technically, the chances are high (strong bullish pattern)
Traders are waiting for: ADP, Initial Jobless Claims, SP PMI, ISM, FOMC. Quite a busy news day, against which high volatility is expected. After Powell's words yesterday, the situation is neutral, but the dollar is going into correction. Everyone is waiting for the data on the labor market, on which the further situation will depend.
Resistance levels: 0.67
Support levels: 0.665, 0.662, 0.6586
Technically, the situation is bullish, the emphasis is towards the resistance breakout. Further everything will depend on the fundamental background. A favorable background for AUD will increase purchases, but a negative background may cause a correction.
Regards R. Linda!
US CPI release tonight (Levels & Setups)11th July (CPI Data Pending)
DXY: Now consolidating on 105.00 support area. CPI < 3.2 could see the price break 104.80 to trade down to 104 round number support.
NZDUSD: Sell 0.6040 SL 20 TP 60 (DXY strength)
AUDUSD: Buy 0.6760 SL 30 TP 110 (Hesitation at 0.68)
USDJPY: Sell 161.15 SL 20 TP 120
GBPUSD: Buy 1.2890 SL 40 TP 100
EURUSD: Buy 1.0860 SL 20 TP 55
USDCHF: Buy 0.9030 SL 30 TP 110
USDCAD: Sell 1.3580 SL 30 TP 115
Gold: DXY weakness, drive gold higher, break 2390 could test 2415
AUDUSD Bank Bullish Direction Money Heist PlanMy Dear Robbers / Traders,
This is our master plan to Heist AUDUSD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
AUDUSD - Long from liquidity zone !!Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price makes a retracement to fill the imbalance lower and then rejects from liquidity zone + FIBO 0.618 level.
Fundamental news: Today (GMT+3) we have news on USD, we will see results of CPI, news with high impact on currency.
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#AUDUSD: 930+ Pips Buy Opportunity | Setupsfx_| Dear Traders,
Price has moved nicely from our first entry, now we expect a clean bullish move towards 0.7600 which will give us a nice 930+ pips in a swing trade. Please do your own analysis too, which will help you have a clear understanding of the market. Use the two blue lines as entry point and stop loss. Good luck and trade safe.
Aussie H4 | Potential bullish bounce off overlap supportThe Aussie (AUD/USD) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 0.6731 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
Stop loss is at 0.6690 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level.
Take profit is at 0.6777 which is a level that aligns with the 161.8% Fibonacci extension level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Levels discussed on 9th July Livestream9th July
DXY: Consolidating on 105 support (61,8%). Watch 105.10 for upside potential or break of 104.80 for downside (downside more likely)
NZDUSD: Buy 0.6120 SL 15 TP 35 (RBNZ decision tomorrow)
AUDUSD: Buy 0.6760 SL 20 TP 110 (Hesitation at 0.68)
USDJPY: Buy 161.40 SL 20 TP 60
GBPUSD: Sell 1.2790 SL 20 TP 50 (Head & shoulder pattern)
EURUSD: Do nothing for now
USDCHF: Sell 0.9005 SL 20 TP 60
USDCAD: Consolidating between 1.36 and 1.3650, do nothing for now
Gold: Break above 2350 could trade down to 2320
AUDUSD is maintaining horizontal accumulationAUDUSD: The AUDUSD is maintaining horizontal accumulation around the range from 0.6720-0.6760. However, it can be seen that in this price range there was a previous GAP decrease and yesterday this GAP area was filled. Therefore, in today's session, AUDUSD may continue its downtrend. You can consider selling with AUDUSD.
AUDUSD D1 - Long SignalAUDUSD D1
We are on the big daily timeframe here for AUDUSD, breaking the previous resistance price level of 0.67. This was a considerable daily resistance price for us. We are now simply looking for a subsequent retest of this zone to see if we can find support on this price level.
If 0.67000 holds as support, we can likely look to position ourselves long with targets of the previous daily high price, nearing 0.68800 price. Circa 180 points.
AUDUSDHello Traders,
Aussie in the weekly chart has broke the long-term channel. It is starting a bullish move now!
But we might see a reversal soon or late.
The daily cart is overbought in a bullish channel! Again another reason to be bearish
Regarding the current time frame! the trend line should be broken and the level of 0.67000 should be touched, then we we'll start searching for bearish order blocks or zones to short the pair!