AUD_USD SWING BREAKOUT|LONG| ✅AUD_USD broke out Of the narrowing wedge pattern And the breakout is confirmed So we are bullish biased and We will be expecting a Further bullish continuation After a potential correction LONG🚀 ✅Like and subscribe to never miss a new idea!✅Longby ProSignalsFx223
4th of July Weekly Update on EURGBP & AUDUSDHere is my Weekly Update on Current Pairs I am watching! -EURGBP -AUDUSDLong04:30by Novi_Fibonacci3
AUDUSD Keeps developing a Corrective pattern AUDUSD keeps developing a corrective pattern DUSD is developing a large correction pattern for ling time without any showing direction . this is rising the chances that AUUUSD can move down again as showing on the chart in order to expend this pattern even more . its possible that AUDUSD can 06620 again if you any Question about this so must write in comments i will be happy. if you like this idea so must be sure to fallow me.Shortby MrCharlie1Updated 1146
IDM CONCEPT AU has broken above the rang, a retest on 4hr will be nice move to the next key zone... Do well to trade with caution 🔵💙by idmassive602221
Aud /Usd - M30 / SHORT TERM TRADE - for scalpers and short termUse good trade management only thing important in Trading is how you manage your trade... our signals are 95% accurate give us follow and motivate us by likes and comments... .. good luck.. Shortby DreamsForxUpdated 3323
Market Analysis: AUD/USD Set for Steady GainsMarket Analysis: AUD/USD Set for Steady Gains AUD/USD is correcting gains from the 0.6735 zone. Important Takeaways for AUD USD Analysis Today - The Aussie Dollar started a downside correction from 0.6735 against the US Dollar. - There is a key bullish trend line forming with support at 0.6700 on the hourly chart of AUD/USD at FXOpen. AUD/USD Technical Analysis On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.6635 support. The Aussie Dollar was able to clear the 0.6680 resistance to move into a positive zone against the US Dollar. There was a close above the 0.6700 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6735 zone. A high was formed near 0.6733 and the pair is now correcting gains. There was a move below the 0.6720 level. The pair declined below the 23.6% Fib retracement level of the upward move from the 0.6634 swing low to the 0.6733 high. On the downside, initial support is near a key bullish trend line at 0.6700. The next major support is near the 50% Fib retracement level of the upward move from the 0.6634 swing low to the 0.6733 high at 0.6680. If there is a downside break below the 0.6680 support, the pair could extend its decline toward the 0.6660 level. Any more losses might signal a move toward 0.6635. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near 0.6720. The first major resistance might be 0.6735. An upside break above the 0.6735 resistance might send the pair further higher. The next major resistance is near the 0.6760 level. Any more gains could clear the path for a move toward the 0.6800 resistance zone. Trade over 50 forex markets 24 hours a day with FXOpen. Take advantage of low commissions, deep liquidity, and spreads from 0.0 pips. Open your FXOpen account now or learn more about trading forex with FXOpen. 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.by FXOpen4413
AUDUSD bullishprinting HH HL No divergence No reversal pattern what do you think ?Longby fay_pasai111
AUDUSD Bullish Momentum Gathers SteamRecent days have witnessed a robust bullish trend in the Australian dollar (AUD), largely fueled by a hawkish Reserve Bank of Australia (RBA). The RBA's commitment to maintaining a tighter monetary policy for a longer duration than other major central banks has bolstered the AUD. Meanwhile, the US dollar's (USD) bullish momentum is waning as the Federal Reserve (Fed) signals a potential shift. This week, Fed Chair Powell indicated that recent inflation data may prompt the Fed to consider more the possibility of a rate cut in September. If upcoming US labor market data reveals weakness, the USD could face further downward pressure. In anticipation of this week's labor market data, the USD could exhibit signs of weakness. Should Friday's Non-Farm Payroll (NFP) report come in below the consensus forecast of 190K, the AUDUSD pair could surge towards my target of 0.6800, especially following the decisive break from its previous trading range.Longby UnknownUnicorn13053793112
Onwards and Upwards for AUD/USDThe AUD/USD currency pair is interesting at the moment. From the monthly chart, a recent upside move in the currency pair has seen price inch above key resistance, made up of a horizontal base from $0.6670 and an upper boundary derived from a symmetrical triangle, or ‘coil’, drawn from the high of $0.7158. This has potentially opened the door to the $0.6872ish peaks on the monthly chart, though with the Relative Strength Index (RSI) still sub-50.00, this may discourage some technical buying. On the daily chart, however, the landscape favours bulls following the breach of resistance at $0.6690 (fuelled by the miss in yesterday’s US ISM Services PMI print). Limited resistance is seen overhead on the daily chart until $0.6865, which aligns with the upward target on the monthly chart at around $0.6872. Longby FPMarkets1
AUDUSD BREAKOUTAUDUSD has submitted breakout on hourly time frame after correction again price is rising.fresh entry can be taken at current price with stop loss below at previous resistance areaLongby kashif1999222
AUDUSD A bullish bias judging from the weekly time frame. From the 4hr, we can clearly see a break of an area of consolidation So a retest of that consolidation area to go long Longby Gideon_fxg1
AUDUSD WILL EXPLODE BUYAlways use breakeven after 15 and 35 pips TP-------15Pip TP-------35Pip TP-------Full TP Manage SL during news time, intraday trade tp and sl mentioned not a financial advice Longby ArehmanB113
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!Brief Description🖊: The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk sell zone) spanning from 0.6595 to 0.6588. Additionally, one medium-risk buy zone between 0.6630-0.6625, respectively, is highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 0.6595 and 0.6588, serving as a low-risk sell. Important Demand Zone🟠: Identified between 0.6630 and 0.6625, serving as a low-risk buy. Bullish Targets📈: 0.6660: Possible retracement area. 0.6670: Possible retracement area. 0.6690: Possible retracement area. 0.6705: Possible retracement area. 0.6735: Liquidity area. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.Longby T4X_Trading7
AudUsd trading idea (1:3 R:R) so finally we have a breakout on audusd from daily trinagle pattern as well as the consolidation from 1h we have marked after the impulsive upside we have bullish fvg, it will be our entry point and sl will be as shown in chart below the pattern range so buy = 0.66913 , tr 0.67720 , sl 0.66652 this setup looks strong as the price has made a nice consolidation before breakout and also the pattern is on higher time frame of 1day and it has formed for almost many days it has good probability Longby Jimmy_Rebello1
AUDUSD - likely to consolidate recap previously we had good long trade almost capturing 75pip with good RR then at the resistance i tried to scalp a short trade i got stopped out in the trade with small stop loss currently as the price is moving seems like it will be consolidating or going sideways we will stay out of the trade and wait for the either side impulse reaction by Jimmy_RebelloUpdated 0
A Bullish SetupA Clear Bullish Setup found on AUDUSD using technical Analysis. It made a bullish rectangle and now made a breakthrough from resistance triggering our entry. With perfect risk management we can execute this good setup.Longby azanm2827112
AUD/USD shrugs as Australian retail sales jumpThe Australian dollar is drifting on Wednesday. AUD/USD is trading at 0.6674 at the time of writing, up 0.11%on the day. Australian consumers have been counting their pennies and reducing discretionary spending. Consumers are feeling the double squeeze of high borrowing costs and stubborn inflation, but retail sales pulled a surprise today with a gain of 0.6% m/m in May. This follows a meager gain of 0.1% in April and crushed the market estimate of 0.2%. This marked the sharpest gain since January, but does not mean that Australian consumers have suddenly switched to a spendthrift mindset. Rather, the jump in retail sales was the result of many retailers involving large discounts and sales events. The monthly May release was strong but there is an underlying weakness in consumer spending, as retail sales climbed just 1.7% y/y in May, compared to over 4% in early 2023. This means that the retail market remains weak despite today’s upbeat report. The Reserve Bank of Australia has stressed that rate hikes are on the table, as stubbornly high inflation has raised concerns that monetary policy may have to be tightened. The RBA discussed the possibility of a rate hike at each of the past two meetings and today’s strong retail sales could strengthen the case for a hike, although policy makers won’t make a rate decision based on one release. The RBA meets next on August 6 and the second-quarter CPI report, which will be released a week before will play a key role in the decision. The markets have priced in a 32% chance of a quarter-point at the August meeting, according to the ASX rate tracker. This would bring the cash rate to 4.6% and would mark the first rate hike since last November. There is resistance at 0.6699 and 0.6729 0.6660 is a weak support level. The next support level is 0.6630by OANDA0
AUDUSDAUDUSD is in a correction phase. technical analysis It is expected that the price will have a chance to increase. The price is currently near the 0.66780 resistance zone. If the price fails to break through, There may be a chance that the price will come back to test the 0.66364 support zone again and if the price can stand above the 0.66364 level, it is expected that there is a chance that the price will rebound. Consider buying the red zone. >>GooD Luck 😊 ❤️ Like and subscribe to never miss a new idea!Longby Serana2324Updated 334
Aussie Shows Bullish Pattern After Hot CPI DataAussie is still sideways against the US dollar, trapped in a range for more than a month. However, the price is now moving towards the upper side of this pattern after hot Australina CPI (4%) this week, so RBA shoudl stay hakiwhs, suggesting a greater chance for a break out of a bullish triangle rather than a bearish trend. If analysis is correct, we are currently in a subwave "e", meaning there could still be some intraday weakness down to the 0.6630 to 0.6640 potential support levels. These would then be the final piece of this bullish structure, which should eventually take the price higher. However, only if the price closes above 0.6700 , the triangle will be seen as completed, and we should expect a straight move higher, possibly even to the 0.6780 area. Grega Longby ew-forecastUpdated 4
AUDUSD potential measured move (bull flag) to 0.69?Price is bumping agains't the short term trend line for more than a month now. AUD looks really eager to break it. In addition, since the price moved from 0.63623 to 0.67 the market is digesting the move and forming a bull flag. From a more fundamental perspective, Australia central bank is one of the only few still considering a potential hike in interest rates. Considering all of the above, the probability is skewed towards prices going higher. Short term trend line: Long term trend line: Longby nikhil612Updated 112
AUDUSD Under Pressure! SELL! My dear friends, AUDUSD looks like it will make a good move, and here are the details: The market is trading on 0.6722 pivot level. Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 0.6685 Recommended Stop Loss - 0.6746 About Used Indicators: Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis ——————————— WISH YOU ALL LUCK Shortby AnabelSignals225