AUDUSD: UT Curve Analysis (20D)OVERVIEW
The analysis of AUDUSD combines multi-timeframe technical insights, oscillator, and moving average indicators. This report serves to aid both strategic and tactical decision-making by position, swing, and day traders.
Multi-Timeframe Price Analysis:
Position (Wealth) Traders:
Range: Pivot Low @ 0.55086 to Pivot High @ 1.10805
Trend: Long-term uptrend
Treatment: Quarternary; used to align with long-term investment goals.
Long-Term Swing Traders:
Range: Pivot Low @ 0.55086 to Pivot High @ 0.95052
Trend: Long-term uptrend
Treatment: Tertiary; aligns with monthly chart trends and broader market sentiment.
Swing Traders:
Range: Pivot Low @ 0.61702 to Pivot High @ 0.80072
Trend: Early stages of an uptrend
Key Levels:
TP4 @ 0.7639
TP1 @ 0.6776
BLO1 @ 0.6457
BLO2 @ 0.6262
Treatment: Primary; expected to host the most significant price action.
Day Traders:
Range: Pivot Low @ 0.61702 to Pivot High @ 0.71578
Trend: Beginning of the uptrend
Treatment: Secondary; used for daily volatility trades.
RECOMMENDATIONS:
Strategic Trading:
Position traders should monitor the 0.90000–1.10000 range for long-term buy opportunities, but ONLY if they are aligned with economic fundamentals.
Long-term swing traders can set buy limits around 0.65000 and aim for TP before Resistance around 0.80000.
Tactical Trading:
Swing traders should prioritize 0.6457 (BLO1) and 0.6776 (TP1) for buy orders, taking advantage of primary range volatility.
Day traders can exploit intraday support at 0.6262 and resistance around 0.71578.
AUDUSD
AUDUSD Bearish Setup in ProgressAUDUSD has been in a steady downtrend and recently formed a potential supply zone (purple area) around $0.64600.
Price action suggests a bearish reaction at this zone, with the potential for lower highs before a continuation to the downside.
Liquidity below $0.64000 is the next probable target as sellers dominate the market.
The setup favors waiting for price to tap into the supply zone, showing clear rejection signs before executing shorts.
A break below recent lows would confirm bearish momentum, with further downside targets in the $0.64000.
AUD/USD soars as China's inflation dipsThe Australian dollar continues to takes traders on a roller-coaster. AUD/USD has surged 0.85% on Monday, recovering most of the 1% decline on Friday. In the European session, the Australian dollar is trading at 0.6443 at the time of writing.
The week ended with a rebound from US nonfarm payrolls. In November, nonfarm payrolls climbed by 227 thousand, above the market estimate of 200 thousand. This followed a very weak October report, which was revised upwards to 36 thousand from 12 thousand. The unemployment rate ticked higher to 4.2% as expected, up from 4.1% in October. The employment data has raised expectations of a quarter-point hike at the Dec. 18 meeting, with the odds currently at 87%, up sharply from 62% a week ago.
The Australian dollar took a tumble after the strong nonfarm payroll numbers, but has quickly recovered after China's inflation was lower than expected. In November, CPI eased to 0.2% y/y, down from 0.3% in October and short of the market estimate of 0.5%. Monthly, CPI declined by 0.6%, down from -0.3% in October and lower than the market estimate of -0.6%.
The weak Chinese inflation data has raised expectations that China's central bank will respond by lowering interest rates. That would help boost the economy and increase demand for Australian exports and the Australian dollar has responded with sharp gains today.
The Reserve Bank of Australia meets on Dec. 10 and is widely expected to maintain the cash rate at 4.35%, where it has been for over a year. The markets aren’t expecting a rate cut before May 2025, although a surprise decline in inflation in the coming months could push the central bank to lower rates in Q1 2025.
AUD/USD has pushed above resistance at 0.6407 and is testing resistance at 0.6492. Above, there is resistance at 0.6492
0.6356 and 0.6322 are the next support lines
AUD/USD at a Critical Support LevelAUD/USD at a Critical Support Level
The AUD/USD chart reveals that since late October, the pair has been in a downtrend. This is largely driven by monetary policy differences: while the Federal Reserve has begun cutting interest rates, the Reserve Bank of Australia (RBA) has yet to initiate rate reductions.
Tomorrow, the RBA will announce its decision on interest rates. All 44 economists surveyed by Reuters expect the rate to remain at 4.35%, given persistently high core inflation (3.5%) and low unemployment.
Previously, experts forecasted rate cuts in the first quarter of 2025. However, most now anticipate reductions no earlier than the second quarter, as the RBA focuses on bringing inflation back to its 2–3% target range.
Meanwhile, the AUD/USD chart highlights that the price is sitting at a key support level (marked by a red line), which has already reversed the pair upward three times since the latter half of 2022 (indicated with arrows).
Tomorrow's crucial RBA decision is likely to strongly influence whether this support will manage to reverse the price upward for the fourth time. Monday's robust price action suggests that another upward reversal is possible.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Will the Australian Dollar Survive the Perfect Economic Storm?In the intricate dance of global financial markets, the Australian dollar stands at a critical crossroads, facing a confluence of economic challenges that threaten its stability. The convergence of complex factors—including the Federal Reserve's cautious monetary policy, China's economic headwinds, and Australia's domestic economic pressures—creates a perfect storm of uncertainty that challenges traditional economic assumptions and investor strategies.
The current landscape reveals a nuanced battleground where geopolitical tensions, central bank decisions, and macroeconomic indicators intersect with unprecedented complexity. Projections suggest the Australian dollar could potentially decline to 62 cents against the U.S. dollar in early 2025, a forecast that speaks to deeper structural challenges facing the Australian economy. The Reserve Bank of Australia's delicate balancing act—managing persistent inflation, maintaining economic growth, and responding to global economic shifts—epitomizes the sophisticated challenges confronting modern monetary policy.
Beyond just numbers, this economic narrative reflects a significant test of resilience and adaptability. Investors and economic strategists face a unique moment of transformation, where conventional economic models are being challenged by unprecedented global dynamics. The interaction between U.S. monetary policy, China's economic challenges, and Australia's domestic economic strategy creates an intriguing intellectual puzzle that requires sophisticated analysis and a forward-thinking approach.
As the global economic landscape continues to evolve, the Australian dollar's journey becomes a microcosm of broader economic transformations. This is not simply a story of currency fluctuation, but a testament to the complex, interconnected nature of global financial systems—where every decision, from central bank policies to geopolitical strategies, can send rippling consequences through international markets. The true measure of economic strength lies not in avoiding challenges but in the ability to navigate them with insight, agility, and strategic foresight.
The Aussie has a strong bearish momentum, could it drop further?The price is rising towards the resistance level which is a pullback resistance that lines up with the 61.8% Fibonacci retracement and could drop from this level to our take profit.
Entry: 0.6421
Why we like it:
There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.6455
Why we like it:
There is an overlap resistance level.
Take profit: 0.6372
Why we like it:
There is a pullback support level.
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GBPAUD - 4 Year Plan. Over 8,000pips To Be Made! Here we have the 2week chart of GBPAUD.
Wave A = 5 wave Leading diagonal.
Wave B = Complex WXY correction (3x3x3)
Wave C = Expecting 5 Waves
We are currently on final part of Wave B. As mentioned above, Wave B is a WXY correction so each part has 3 subwaves. We are in Wave Y, subwave B.
We believe the top has been made for wave subwave B and so we can look to trade the minor wave c (red move) with stops above the current highs.
GBPAUD 2D Chart
Trade Idea (Red Move):
- Risk entry on market open
- Stops above invalidation level
- Targets: 1.915 (800pips), 1.86 (1400pips)
Once the red move is done, we can focus on the blue move.
Goodluck and as always, trade safe!
AUD-USD Long From Support! Buy!
Hello,Traders!
AUD-USD keeps falling down
In a strong downtrend but
The pair will soon hit
A horizontal support
Of 0.6350 so after the
Retest of the level we
Will be expecting a
Local bullish correction
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
AUDUSD Is Bearish! Sell!
Take a look at our analysis for AUDUSD.
Time Frame: 4h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.641.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.637 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
XAUUSD ON THE MOVEAfter make such a sudden hard uptrend, Gold seems ready to come down again ;
in a liquidity slow pattern this time, as it seems to have already started yesterday ;
just like BTC, gold sometimes like to come back where it started but in a slow way compared to the huge candlebox it just did ;
so this seems like a plunging pattern looking at aiming for 2550s.
US100/NASDAQ GOING UPAfter a long uptrend which we could not wait would stop, seems like yesterday's move set the tone for next days ;
it seems thanks to Trump that it is going up for real in a super bullish trend that wants to break 22K ;
and as BTC just blew 102-103K, we never know what could happen.
More precisely, this seems like a triangle pattern which will either make the price fall hard or keep going up smoothly, which seems more accurate now.
The Silent Cost of FOMO Trades: What Your Anxiety Is SayingLast Thursday, I watched my 8-year-old nephew at a birthday party, desperately trying to play with every toy, eat every snack, and join every game simultaneously. He ended up in tears, overwhelmed and exhausted, having fully enjoyed none of them. Looking at my trading journal that evening, I had to laugh - I'd done exactly the same thing in the markets that day.
The FOMO Frenzy
You know that feeling - EUR/USD is climbing, GBP/JPY is breaking out, and USD/CAD is testing support. Your heart races. Your palms sweat. Suddenly you've got positions in all three pairs, and your mind is spinning like a circus juggler with too many balls in the air.
What Your Anxiety Is Really Saying
That knot in your stomach? It's not just stress - it's your internal risk manager throwing up red flags. Think of anxiety like your car's check engine light. Most people try to ignore it or put tape over it. But what if that warning light is actually your most valuable trading tool?
The Real Cost (It's Not Just Money)
Last month, I lost 4% of my account in a single day chasing trades. But the real cost wasn't the money - it was:
Three sleepless nights
Snapping at my wife over breakfast
Missing my kid's soccer game because I was glued to charts
Taking twice as long to recover my confidence
The Birthday Party Strategy
Now I treat my trading like I wish my nephew had handled that birthday party. Pick one game. Enjoy it fully. Then, if it makes sense, move to the next one. In trading terms:
One trade at a time
Full focus on that setup
Clear exit plan
]No peeking at other pairs until this trade is managed
Your Brain on FOMO
Here's what happens when FOMO kicks in - your brain floods with dopamine, the same chemical that makes my nephew grab three cupcakes at once. Your prefrontal cortex (the rational part) gets overwhelmed by your limbic system (the emotional part). Suddenly you're trading like a sugar-rushed 8-year-old.
The Solution: Your Personal FOMO Filter
I've taped a note to my monitor that asks:
"If this were the only trade you could take this month, would you take it?"
It's amazing how quickly FOMO evaporates when you frame it that way. I went from taking 15-20 trades per week to 2-5, and my profit has doubled.
Your Next Step
FIf you find yourself battling FOMO, try this: Each time you feel the urge to place a trade, wait 5 minutes. Just 5 minutes. Write down what you're feeling. You'll be amazed at how many FOMO trades never make it past this 5-minute filter.
Remember, the market is like an endless birthday party - it'll be there tomorrow, next week, and next year. You don't have to play every game or eat every cupcake today.
Cheers to your success,
Gio
AUDUSD touching important Support on Daily ChartThe AUD/USD pair has experienced a notable decline of -7.82% in recent weeks, without any significant recoveries. This drop has brought the price to a key horizontal support area, aligning with the previously identified triple bottom level on the daily chart. Additionally, the price has tested an uptrend line that has provided support since mid-2022. The overlap of the horizontal support and the uptrend line creates a technically significant zone, indicating a potential slowdown in selling pressure.
Bullish Scenario
If the price breaks above the downtrend line, acting as dynamic resistance, it could signal a shift in market sentiment, allowing buyers to regain control. Fibonacci retracement levels would then serve as potential targets:
An entry point could be considered if a candle closes above the downtrend line on the daily chart.
The first target may be near the 38.2% Fibonacci level at 0.6605 (approximately 110 pips).
The second target could be around the 50.0% Fibonacci level at 0.6670 (about 170 pips).
A stop loss might be placed just below the recent low at 0.6395 (around 100 pips).
For confirmation of the bullish scenario, the price needs to stay above the dynamic resistance and begin forming higher highs and lows.
Bearish Scenario
Conversely, if the price falls below the horizontal support at 0.6400, it would create room for further declines, potentially invalidating the triple bottom pattern and indicating a continuation of the downtrend. In this case, the next significant support level would be around 0.6300, with chances of moving even lower.
Impact of US Employment Data
The upcoming US employment data, particularly the Nonfarm Payroll figures, could significantly influence the AUD/USD pair. Weaker-than-expected results may weaken the US dollar, benefiting the Australian dollar and increasing the likelihood of breaking the downtrend line. Conversely, strong US labor market data could exacerbate selling pressure, pushing AUD/USD lower.
Summary
The AUD/USD is at a pivotal juncture on the daily chart, with the convergence of horizontal support and an uptrend line suggesting a possible reversal. However, the market's direction will hinge on subsequent technical movements and, crucially, on US economic data that could shift the balance of power.
Disclaimer:
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AUD/USD BULLS ARE GAINING STRENGTH|LONG
Hello, Friends!
It makes sense for us to go long on AUD/USD right now from the support line below with the target of 0.658 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
✅LIKE AND COMMENT MY IDEAS✅
AUDUSD - Long-Term Long!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈AUDUSD has been overall bullish, trading inside the rising flat channel in blue.
Moreover, it is rejecting a strong support in green.
🏹 The highlighted blue circle is a strong area to look for buy setups as it is the intersection of the support zone and lower trendline acting as a non-horizontal support.
📚 As per my trading style:
As #AUDUSD is around the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Audusd AUD/USD reacts little to better-than-expected Australian Goods Trade Balance data and remains in a range above 0.6400 early Thursday. Rising bets for an early RBA rate cut cap the Aussie's upside amid China's economic woes and US-Sino trade war fears. Eyes turn to US data, FedspeakThe AUD/USD pair dives more than 1% to near the round-level support of 0.6400 in Wednesday’s European session. The Aussie pair plummets as the Australian Dollar (AUD) has been hit hard by weaker-than-projected domestic output data for the third quarter of this yearThe Australian Bureau of Statistics reported that the Australian economy surprisingly expanded at a slower-than-expected pace of 0.8% compared to the same quarter of the previous year against the 1% growth seen in the previous quarter of this year. Economists estimated the annualized Q3 GDP growth of 1.1%. On a quarterly basis, the Australian economy expanded by 0.3%, slower than expectations of 0.4% but faster than the former reading of 0.2%