Analysis for AUDUSD: Bearish Outlook
1. U.S. Inflation Trends:
- Recent Data: The U.S. Consumer Price Index (CPI) showed an increase of 3.4% year-over-year in December, the highest in three months. This rise was more than expected, indicating a continued inflationary pressure.
- Core Inflation: Core inflation, which excludes volatile items like food and...
AUDUSD still inside a strong channel up, and failed to break fibonacci support.
we can follow bullish movement, as long as this channel up not broken.
Bullish target at 0.69289 with maximum target at 0.70013
Best stoploss for this setup below previous Higher low around 0.66312
Good luck
The AUDUSD has encountered a significant resistance level following its recent bullish run. This video offers a concise analysis of the trend, market structure, and price action, exploring a potential trade setup. We emphasize that this content is for informational purposes only and does not constitute financial advice.
The Australian dollar’s rally has met its match around a key resistance area, which includes the January trendline and Q3 open price. A 2-bar reversal formed on Wednesday, following RSI reaching overbought the day prior. And as the US dollar has weakened on bets on Fed cuts ahead of a key PCE inflation report, I suspect there may be some disappointment and the...
Hello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and maintain the upward trend of the price and the price will grow up to the specified resistance level. Good luck.
Welcome back! Let me know your thoughts in the comments!
** AUDUSD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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As you know, I've been bullish AudUsd and called for a rise to 0.69 zone resistance.
The target was reached at the end of the year and the pair started to correct immediately after.
Although AudUsd started the year badly, the trend started in November remains strongly bullish and this correction could represent the opportunity for bulls to enter at a better...
Hello Traders!
This is my idea related to AUDUSD H4. I expect a retracement from the resistance level, where we have also an OB. It's a good opportunity to entry long if the strategi is confirmed.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
The US dollar posted strong gains on the first trading day of the year, supported by rising US yields. Market participants are currently awaiting the release of upcoming US labor market data and European inflation data to determine the direction of central bank policy.
The dollar index, a measure that compares the U.S. currency with six other major currencies,...
Hello, According to my analysis of AUD/USD, the market has reached a very important stage. It has reached the strong resistance level at 0.69000. The price has bounced off it several times. We note that the pair reached the top of the ascending channel and was unable to penetrate it upwards. This puts pressure from the bears to fall further. Good luck everyone.
AUDUSD is trading in the ascending channel. It is testing the major daily resistance level.
The market created the AB=CD pattern where the D point is complete right at the resistance and channel border.
We expect a price retracement from the structre resistance since the market is overbought and it's bounced off the daily...
Happy New Year 2024.
AUDUSD, has been bullish in daily timeframe, suggesting a clear move upwards 0.7150 region which is where we will exit our trade. Looking at the current price momentum it is clearly notable that price has already retraced and it is very likely it will rebound strongly in days to come. Entry can be available when the market opens where with...
AU is also on my watchlist this upcoming week, its bullish trend has been giving entries all month. we could also come down to the 1h snd but thats less likely.
as always, follow your trading rules and position yourself wisely
Here is my analysis for AUDUSD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Here is my analysis for AUDUSD on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
This transaction is long-term, guys
AUDUSD: AUD's growth rate is relatively slow, but relatively sustainable. The current Australian dollar trading scenario is relatively positive and clear. Ace may consider keeping its buying strategy in AUDUSD. The pair has broken the downtrend, so this uptrend can move up to the 0.6900 area.
Hello traders, we want to check the AUDUSD chart. The price is moving in an ascending channel and has reached the indicated key level. We expect this level to act as a resistance level and the price will fall to around 0.66200. If the price cannot break this support level, we expect it to maintain its upward trend and the price will test the specified resistance...
