Audusd I entered this trade this morning after seeing a good setup but it hit my slShortby Greatvic0011
RBA Leaves Cash Rate on Hold and Maintains Guidance; Remains VigAs widely expected by markets and economists, the Reserve Bank of Australia (RBA) held the Official Cash Rate (OCR) at 4.35% (12-year high), marking the fifth consecutive meeting on hold. The central bank has also left the door ajar for a rate increase should price pressures continue to rise. Rate Statement Unchanged The accompanying rate statement largely maintained guidance, reiterating: ‘Inflation is easing but has been doing so more slowly than previously expected, and it remains high’; the Board also repeated that it remains resolute in bringing inflation back to its target range. The Board added: ‘It will be some time before inflation is sustainably in the target range. While recent data have been mixed, they have reinforced the need to remain vigilant to upside risks to inflation’. Additionally, the rate statement reaffirmed: ‘The path of interest rates that will best ensure that inflation returns to target in a reasonable timeframe remains uncertain, and the Board is not ruling anything in or out’. Finally, the RBA reinserted the line ‘do whatever it takes’ for the first time since February, highlighting that the Board are vigilant and aware of the upside risks inflation poses. Economic Picture As communicated in the primer to the event, the economic landscape offers mixed signals. Inflationary pressures have been elevated this year – the monthly CPI indicator rose by +3.6% in the twelve months to April from +3.5% in March – though we have economic activity slowing to a snail pace in Q1 this year (+0.1%). The labour market also remains tight: we saw an increase in total employment for May (circa +40,000), and unemployment fell to 4.0% from 4.1%. Press Conference RBA Governor Michelle Bullock took to the stage an hour following the rate announcement and emphasised that the central bank is not ‘ruling anything in or out’ and needs data to go their way to bring inflation back to the target range. Bullock added that the Board’s objective continues to be on bringing inflation back to target. She communicated that the central bank remains vigilant to inflationary pressures and is conscious that high rates are ‘hurting’ individuals and some sectors of the economy. The RBA head noted that the Board did not discuss a case for a rate cut at this meeting and that she did not have a timeline for a cut. However, she commented that the Board discussed the possibility of raising the OCR, and this is likely what’s behind the bid in AUD. However, her comment is not anything new, as the same point was reiterated in the minutes of the May meeting. The initial market reaction following the rate announcement observed a short-lived spike lower to just north of $0.66 on the AUD/USD. Subsequently, AUD/USD bulls went on the offensive and took control of the session, fuelled further by the above-noted comments at the press conference. From the H1 chart, AUD/USD elbowed north of resistance at $0.6621 (now possible support), though swiftly touched gloves with resistance at $0.6626, a level set just south of trendline support-turned-resistance line taken from the low of $0.6575. Shortby FPMarketsUpdated 4
AUD/USD SELL IDEAIt is possible to react in the direction of selling from the specified resistance area, but according to the structure that has been formed, the trading position is risky and must be actively managed.Shortby Ali-Rezaei-FX4
AUD-USD Local Long! Buy! Hello,Traders! AUD-USD is still going Down and will soon hit A horizontal support Of 0.6670 and after The retest we will be Expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals113
AUDUSD has mainly oscillated between 0.6680 and 0.6580The Aussie dollar lost ground in the week gone by. AUD/USD has mainly oscillated between 0.6680 and 0.6580 with prices testing the lower bound this week before lifting off it. Australian GDP is due next week as well, with estimates for Q1 suggesting a stagnant start to the year with 0% quarter-on-quarter growth. AUD/USD could continue to drift lower next week due to recent upward momentum in the US dollar and a complicated growth outlook for Australia. by Xayah_trading2
Wild tradeMassive inverted HS building up to break out the triangle. Aussie is correlated to Gold, and the US Dollar will suffer from the monetary policies of the FED. This trade is not for everyone. If you are a day trader probably it will be frustrating for you. It could take months to play out. Open a long position and add at every pull back. We will have a fight at the upper vertex of the triangle. The SL triggers if the inverted HS pattern is busted in the weekly timeframe. Give it time. In Forex you only need a few trades a year to make great profits but patient is needed.Longby ArturoLUpdated 3314
Posting verification I will publish here, daily materials accompanying my trading actions. If you believe that the main event in the market is the formation of the current momentum and you trade and not watch the price treading on the place for days, then you will fit what will be published here. by syomking76418334
AUDUSD OUTLOOKSimilar approach to NZD, although i consider AUD to e weaker than NZD. Both currencies are still bullish with seasonality.Longby L2EarnedUpdated 4
The Big Picture - AUDUSD ShortsFundamental Analysis: US Real Interest Rate: 5.5%(Interest Rate) - 3.3%(Inflation Rate) = 2.2% Australia Real Interest Rate: 4.35%(Interest Rate) - 3.6%(Inflation Rate) = 0.75 Real interest rate refers to the rate of interest adjusted for inflation. As the US rate is higher than the Australian one, USD is much stronger than AUD. Therefore, we will be looking to short AUDUSD down to 0.62 over the coming weeks and months. Upcoming USD News Events: Empire State Manufacturing Index - Monday 17 June Core Retail Sales m/m - Tuesday 18 June Unemployment Claims - Thursday 20 June Flash Manufacturing PMI - Friday 21 June Flash Services PMI - Friday 21 June Upcoming AUD News Events: Cash Rate (AUD Interest Rates) - Tuesday 18 June RBA Rate Statement - Tuesday 18 June My current trade: I have short positions at 0.66834. On Tuesday 18 June, the Australia interest rates will be updated. It is expected it will remain at 4.35%. After this news, I will look to add more to my short positions. Shortby TheForexMessiah6
AUDUSD POTENTIAL LONGHello Everyone! How are you all? AudUsd is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on. So, I will be looking for a bullish continuation because of the following reasons: 1. The overall trend is bullish. 2. The price has formed a large descending channel which is a bullish continuation structure. 3. The price is approaching the value area correctively. Game Plan: If the price comes to the VA, and rejects at that level or sweeps the Low, and makes a bullish impulse followed by a 15mins flag with two highs and lows. Entry : will look for a risk buy entry within the flag or a reduced risk entry on the breakout of the flag. Longby TreasureFXHub2
AUDUSDAUDUSD analysis 1H time frame If the price reaches our entry point, we can start selling with capital managementShortby m0neyminer3
AUDUSD Technical Analysis! BUY! My dear followers, This is my opinion on the AUDUSD next move: The asset is approaching an important pivot point 0.6594 Bias - Bullish Safe Stop Loss - 0.6571 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 0.6626 About Used Indicators: For more efficient signals, super-trend is used in combination with other indicators like Pivot Points. ——————————— WISH YOU ALL LUCK Longby AnabelSignalsUpdated 113
PULLBACK TIME? AUDUSDAUDUSD give me a pullback vibe. I think the price is going to retrace in the next hours, probably in the next 4-5 hrs. I am waiting a short opportunity that could come if we will see a bullish spike, that could be a bullish trap. I have a main target at 0.66250, that is a liquidity zone. At this level it could jump back to the upsideLongby CryptoForexGem5
AUDUSD 15 minutes shortAUDUSD 15 minutes short. According technical analysis and divergence observed in rsi indicates there is a possibility of short term short trend.Shortby KING_EXPERT2
AUDUSD SHOR IDEA FOR 30PIPS ONLYDivergence in Relative straight Index... Price on the resistance level so we can see the rejection on resistance Shortby mkumar556952
AUDUSD entry opportunityPotential sell entry. There's a long term downtrend. If you're willing to ride, now's your chance to hop in. Enjoy the ride. Shortby Envestorr_Holdings1
Long trade Mon 17th June 24 13.00pm New York Session RR 3.87 Entry 0.66082 Profit level 0.66326 (0.37%) Stop level 0.66019 (0.10%) Back testing Longby davidjulien369Updated 2
AUDUSD Is BullishReasons why we are bullish on AUDUSD: the Dollar Index (DXY) is showing weakness AUDUSD recovered precisely from the top of a bullish order block the VOLD shows a clear bullish divergence Longby OchlokratUpdated 1
AUDUSD H4 | Bounce off 78.6%?Based on the H4 chart analysis, we can see that the price is falling to our buy entry at 0.6610, which is a pullback support close to the 78.6% Fibo retracement. Our take profit will be at 0.6653, a pullback resistance. The stop loss will be placed at 0.6562, which is a swing low support 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. Longby FXCM5
AUDUSD - Cash rate of AUD is monitoring - Looking for shortAUDUSD is waiting for the cash rate of AUD. This major news can be why sellers will move the price downside. Trade safeShortby LAST-KISS3
Heading into 50% Fibonacci resistance?The Aussie (AUD/USD) is rising towards the pivot which has been identified as an overlap resistance and could reverse to the 1st support. Pivot: 0.6641 1st Support: 0.6577 1st Resistance: 0.6675 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party. Shortby ICmarkets9
AUD/USD BUY IDEAAfter closely monitoring this market for the past two days, I've come to a conclusion. There's a discounted price observed on a price discovery array, coupled with a robust supply zone. Additionally, there's a notable imbalance preceding the onset of this upward trend. The next likely move is a shift towards internal range liquidity, followed by a transition to external range liquidity. This transition marks our optimal take-profit opportunity.Longby HVP_87Updated 222
AUDUSD Trade setupAUDUSD is showing a good buy setup here. It could probably follow my plan for EU and GU, and I expect a possible range today. I think we will see some moves around Wednesday or later tomorrow. Local bottom at 0.659 must hold, and a possible target is the resistance zone at 0.666Longby CryptoForexGem8