possibility of uptrend It is expected that the price will fluctuate in the current support range and after the trend change, we will see the beginning of the upward trend. If the price crosses the support range, the downward trend is likely to continueLongby STPFOREX2
AUD/USD LONGAUD/USD LONG " break of structure + 72 % fib retracement + 200 ema dynamic support + trendline"Longby elyes_hantous113
AUDUSD continues to benefit from the return to risk assetsAUSTRALIAN DOLLAR ( OANDA:AUDUSD ) ANALYSIS - Australian inflation eases less than anticipated in March and Q1 as a whole - AUDUSD continues to benefit from the return to risk assets AUSTRALIAN INFLATION EASES LESS THAN ANTICIPATED IN Q1 Monthly, quarterly and yearly inflation measures showed disappointing progress towards the Reserve Bank of Australia’s (RBA) target. The monthly CPI indicator for May rose to 3.5% versus the prior 3.4% to round off a disappointing quarter where the first three months of the year revealed a rise of 1%, trumping the 0.8% estimate and prior marker of 0.6%. Generally higher service cost pressures in the first quarter have made a notable contribution to the stubborn inflation data – something the RBA will most likely continue to warn against. The local interest rate is expected to remain higher for longer in part due to the sluggish inflation data but also due to the labour market remaining tight. A strong labour market facilitates spending and consumption, preventing prices from declining at a desired pace. Markets now foresee no movement on the rate front this year with implied basis point moves all in positive territory for the remainder of the year. This is of course likely to evolve as data comes in but for now, the chances of a rate cut this year appear unlikely. OANDA:AUDUSD CONTINUES TO BENEFIT FROM THE RETURN TO RISK ASSETS After escalation threats between Israel and Iran appeared to die down, markets returned to assets like the S&P 500 and the ‘high beta’ Aussie dollar. AUD/USD subsequently reversed after tagging the 0.6365 level – the September 2022 spike low and surpassed 0.6460 with ease. Upside momentum appears to have found intra-day resistance at a noteworthy area of confluence resistance – the intersection of the 50 and 200-day simple moving averages (SMAs). The move could also be inspired by reports of Israel preparing to move on Hamas targets in Rafah, which could risks deflating the recent lift in risk sentiment. US GDP data tomorrow and PCE data on Friday still provide an opportunity for increased volatility and a potential USD comeback should both prints surprise to the upside, further reinforcing the higher for longer narrative that has reemerged. All things considered, AUD may be susceptible to a sifter end to the week.by Xayah_tradingUpdated 4
RBA decision: Will the Aussie Dollar break out? RBA decision: Will the Aussie Dollar break out? A potentially interesting week awaits the Aussie dollar, with the Reserve Bank of Australia (RBA) expected to hold its interest rate unchanged. Money markets price around a 97% chance for rates to remain at the current level and only a 3% probability of a 25-basis point cut. Last week, ANZ became the first of the big four banks to push their prediction of a RBA interest rate cut into 2025. The bank now expects the first RBA cash rate reduction to come in February. Before this shift, ANZ was aligned with CBA, NAB, and Westpac in forecasting a cut this November. A look at Aussie price action shows AUD/USD trading within a very mild descending channel formation or a range between 0.6577 and 0.6690. A decisive break above the 20-day Simple Moving Average (SMA) before breaking 0.6709 could indicate an extension higher to a target at 0.6713. A decisive break below the range floor could indicate a follow-through to at least 0.6556. by BlackBull_Markets3
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 :-)Shortby ShahedZare1
AUDUSD - Bearish price action !!Hello traders! ‼️ This is my perspective on AUDUSD. Technical analysis: Here I expect bearish price action as price took buy side liquidity and rejected from bearish order block + institutional big figure 0.67000. My target is imbalance lower. Fundamental news: Tomorrow (GMT+3) we will see results of Unemployment Rate on AUD, news with high impact on currency. Like, comment and subscribe to be in touch with my content!Shortby Snick3rSDUpdated 6621
AUD/USD Bears to Push Towards 50-Day SMA?Ahead of this week’s RBA meeting, the Australian dollar exhibits a potential bearish scenario versus the US dollar, with the monthly and daily charts indicating further softness for the AUD/USD currency pair. 50-Day SMA Demands Attention Since September 2022, buyers and sellers have squared off between two converging lines on the monthly scale, a movement sufficient to label this pattern as a symmetrical triangle (or coil). You will note that May shook hands with the structure's upper boundary and has triggered a moderate sell-off this month (down -0.6%). Aiding the upper limit of the coil is a layer of monthly resistance coming in at $0.6670 that’s complemented by the Relative Strength Index (RSI) continuing to navigate space south of the 50.00 centreline. There’s also plenty of scope for sellers to stretch their legs at current price on the monthly chart: support is not expected to make a show until as far south as $0.6390. Meanwhile, on the daily timeframe, resistance at $0.6690 has been a talking point since mid-May, withstanding three upside attempts. If sellers maintain their position this week and overthrow willing bids at the 50-day simple moving average (SMA) at $0.6583, this would unearth a possible bearish scenario towards the 200-day SMA at $0.6539 and neighbouring support coming in from $0.6502. H1 Confluence Given the space for sellers to make their way to the 50-day SMA at $0.6583 on the daily chart, technical studies lean in favour of further selling towards $0.66 on the H1 scale this week, followed by H1 support from $0.6580. Therefore, the area showing H1 resistance at $0.6622 converging with channel resistance (drawn from the high of $0.6704) and a trendline support-turned-resistance line (taken from the low of $0.6575) could be a zone sellers show interest in this week. Shortby FPMarkets2
Key Bearish Threshold for AUD/USD ContinuationHello Everyone, For a bearish continuation of the AUD/USD, it is crucial to establish a secure bearish position below the 1M Pivot Point. If this condition is met, we can anticipate a continued downward trend. TradeWithTheTrend3344Shortby TradeWithTheTrend33444
Bullish bounce?AUD/USD is falling towards a support level which is an overlap support that is slightly above the 78.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6610 Why we like it: There is an overlap support that is slightly above the 78.6% Fibonacci retracement. Stop loss: 0.6575 Why we like it: There is a pullback support level. Take profit: 0.6677 Why we like it: There is a pullback resistance level that lines up with the 61.8% Fibonacci retracement. 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.Longby VantageMarkets8
AUDUSDFrom this zone is the potential buying area, I hope it will hold price, and resume the bullish trend Longby Mntungwa87118
AUD/USD: Potential swing trade long setupAUD posted a strong rally of 5% from the April low, before 67c capped as resistance. A choppy rage has since formed between 66c-67c, although it could also be a bull flag in the making. Whilst we wait for it to decide which of the two it is, we're looking at a cheeky swing trade long idea heading into the weekend. The 1-hour chart shows a strong rally from US CPI, and recent prices action has retraced against that move. Prices are stabilising around the 20-day EMA, so perhaps it is close to a swing low. The bias is bullish whilst prices hold above the monthly pivot point (0.6610), but tighter risk management could be used if momentum turns higher (such as the recent swing lows). The initial target is near the upper 1-day implied volatility band of 0.6657. Longby CityIndex1
CHART BREAKDOWN AUDUSD: Key Levels, Targets and Thoughts!The chart provides insights into critical market levels, emphasizing an essential demand zone (low-risk buy zone) spanning from 0.6618 to 0.6611. Additionally, medium-risk buy/sell zone between 2327-2325 and 2366 -2368, respectively, are highlighted. Things I Have Seen👀: Important Demand Zone🟢: Identified between 0.6618 and 0.6611, serving as a low-risk buy. Bullish Targets📈: 0.6636: Possible retracement area. 0.6655: Possible retracement area. 0.6685: Possible retracement area. Ultimate Target: 0.6704- 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 TTradessss8
AUD/USD: 5 wave movement is possibleAUD/USD: 5 wave movement is possible Technical Analysis: Price is moving in a major corrective structure. Yesterday the CPI data drove the price up creating a bullish and aggressive wave. The FOMC created a deep correction, but chances are it didn't erase the possibility that the price will rise again as shown in the chart. I expect the AUDUSD may rise back to the top for a possible 5 wave move. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️Longby KlejdiCuniUpdated 1113
AUD/USD Outlook ICT Consept📈💰 Welcome to Your Channel! Welcome to your very own channel! Here, we embark on a collaborative journey to analyze and scrutinize financial markets, aiming to achieve substantial profits together. Let's dive into the forex market, focusing on one of its key assets: AUD/USD . 🚀📈 Recent Price Action As shown in the provided chart, we experienced a strong bullish movement yesterday following the release of the CPI news. This movement disregarded the Fair Value Gap ( FVG ), creating an Inversion Fair Value Gap ( IFVG ). From this point, we can anticipate a further rise to potentially reach the previous month's high ( PMH ). 📊📉 Potential for Lower Prices For a potential decrease in prices, we might see a reaction to the marked 4-hour and 1-hour order blocks ( OB ). However, the primary focus should be on the sell-side liquidity ( SSL ) and Fair Value Gaps ( FVG ). ⭕️ Upcoming Economic News ⭕️ To identify the market trend, we need to await today's PPI (Producer Price Index) news at 08:30 NY Local Time . This could trigger an aggressive movement, providing valuable insights into the market's reaction. 📊⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.by RealArmin6
AUD/USD BEARS ARE STRONG HERE|SHORT Hello,Friends! AUD-USD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.657 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the AUD/USD pair. ✅LIKE AND COMMENT MY IDEAS✅Shortby EliteTradingSignals111
AUD/USDHello dear traders, Following the previous analysis, the Australian dollar, which was predicted to rise, has been realized. This currency still needs to rise to reach the specified target. Currently, a minor correction and then a quick move upwards are expected. I have analyzed the chart in a very simple and smooth way, and I hope it will be useful for you. Thank you. Longby fereydoon11991
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-forecast1
If not GDP, then maybe the PCE will force it out of the squeezeWe are currently seeing EASYMARKETS:AUDUSD struggling to find a clear direction, as it continues to sit between two tentative short-term trendlines. Waiting for the US GDP and PCE figures to do something. #audusd Disclaimer: easyMarkets Account on TradingView allows you to combine easyMarkets industry leading conditions, regulated trading and tight fixed spreads with TradingView's powerful social network for traders, advanced charting and analytics. Access no slippage on limit orders, tight fixed spreads, negative balance protection, no hidden fees or commission, and seamless integration. 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. easyMarkets 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. 03:45by easyMarkets0
AUDUSD UPThis looks like a good move up on the 1 hour time frame. Ths isn’t financial advice Longby OJ20030
AUDUSD Trading Signal: Time to BuyTraders, We have identified a promising opportunity in the AUDUSD currency pair based on a recent analysis using the EASY Quantum Ai strategy. Here are the details of our trading signal: - Direction: Buy - Enter Price: 0.66553 - Take Profit: 0.66732333 - Stop Loss: 0.66316333 Why Buy AUDUSD? 1. Technical Indicators: Recent technical indicators show a bullish trend for AUDUSD. Moving average convergence divergence (MACD) and relative strength index (RSI) support upward momentum. 2. Fundamental Analysis: Australia's economic indicators, such as employment data and GDP growth, have been strong, suggesting a robust economy. In contrast, recent US economic reports show some signs of slowing. 3. Market Sentiment: Sentiment analysis indicates a positive outlook for the Australian Dollar. Increased demand for commodities, which heavily influences AUD, points to further gains. 4. Strategic Backing: Our EASY Quantum Ai strategy, which incorporates advanced algorithms and machine learning, has flagged this buy opportunity based on past performance and predictive analytics. Stay vigilant and manage your risk appropriately. Happy trading! Best, Longby ForexRobotEasyUpdated 0
Australian Inflation Pressures RBA for Rate Hike, Bolsters AUDAustralia's inflation concerns intensify as the May Consumer Price Index (CPI) surpassed expectations, reaching a troubling 4% year-over-year (YoY). This marks the third consecutive month of accelerating inflation, prompting anxieties about economic overheating and a potential shift in policy by the Reserve Bank of Australia (RBA). The RBA, having previously achieved progress in curbing inflation (December 2023: 3.4% vs. December 2022 peak: 8.4%), now faces renewed challenges. The latest inflation data strengthens the argument for a rate hike, although the central bank is likely to await the June report (encompassing Q2 data) before reaching a decision in August. Financial markets are already responsive, with the AUD appreciating against the USD in anticipation of the RBA tightening monetary policy. Short-term interest rate futures currently price in a greater than 50% chance of a rate hike by September, potentially rising to 80% following the June CPI release at the end of July. The upcoming data release will be critical for the RBA's next move. While Assistant Governor Christopher Kent emphasized vigilance against inflation and hinted at potential policy adjustments, the June inflation report will provide a clearer picture. Beyond Australia's borders, the global economic landscape adds another layer of complexity. The relative stability of the US Dollar, with investors exercising caution ahead of key US data releases, also influences AUD dynamics. Additionally, China's economic policies, as a major Australian trading partner, will indirectly impact the AUD's performance. In conclusion, Australia's escalating inflation is pressuring the RBA towards a potential rate hike, which could bolster the AUD. The June inflation report and ongoing global economic developments will be key factors shaping the RBA's decision and the AUD's future trajectory.Longby signalmastermind1
Trade Signal for AUDUSD: Direction = SellDear Traders, We have identified a trade opportunity for the currency pair AUDUSD using the EASY Quantum Ai strategy. Below are the details for this trading signal: Direction: Sell Enter Price: 0.66463 Take Profit: 0.66300667 Stop Loss: 0.66674667 This signal suggests that you should enter a sell position at the price level of 0.66463. The designated Take Profit level is 0.66300667, while the Stop Loss is set at 0.66674667. Reasoning Behind the Signal: 1. Technical Analysis: Our strategy detected a bearish trend based on recent price action and key technical indicators, suggesting that the AUDUSD pair is likely to decrease in value. 2. Economic Indicators: Economic reports from Australia indicated weaker performance in sectors that significantly influence AUD, thereby contributing to a negative outlook for the currency. 3. Market Sentiment: Sentiment analysis from various financial news sources and trader forums shows a prevailing bearish sentiment towards the AUD. We recommend closely monitoring the market for any significant changes that may require adjustments to this trade. Trade wisely and may success be on your side! Best Regards, Your Trading TeamShortby ForexRobotEasy0
AUDUSD H1 | Bearish Drop Based on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.6650, which is an overlap resistance and a 50% Fibonacci retracement. Our take profit will be at 0.6618, a pullback support level. The stop loss will be at 0.6677, a multi-swing high resistance 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. Shortby FXCM0