AUD USD NEXT MOVE !AS SHOWN Watch the support, excepted chubby movement then upward momentum check levels in the Chart aboveLongby solimanz821
AUDUSD 1D BEARISH PENNANT A BEARISH PENNANT has formed at the top of the AUDUSD bearish line. The BEARISH PENNANT made a lower high when it tested its upper ceiling 3 times. Opened short and target is 0.55141Shortby jonintaij7
AUD/USD Reaches High, Enters Bearish PhaseHello Everyone, The AUD/USD pair has seen significant performance, hitting a peak of 0.671415. Subsequently, it has entered a bearish phase expected to endure, possibly revisiting the 1-month support level. TradeWithTheTrend3344Shortby TradeWithTheTrend33443
AUDUSD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66100 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66100 support and resistance area. Trade safe, Joe.Longby JoeChampion4411
✅AUD_USD TIME TO SELL|SHORT🔥 ✅AUD_USD is already Making a bearish pullback From the horizontal resistance Of 0.6644 and as we are Bearish biased we will Be expecting a further Move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅ Shortby ProSignalsFx112
AUDUSD IN BULLISH TRENDAUDUSD has start making higher highs and lower highs very attractive for buying at current level with a small stop loss Longby kashif19991
Long AUDUSDCurrently bullish on AUDUSD, I have 2 TP points in mind. I'm seeking liquidity above 0.67300 and 0.68800. We've swept the buy stop liquidity levels below 0.64500 and now I'm expecting price to target sell stop liquidity levels. Currently 40 pips in profit with a total profit take of 256, SL set to breakeven, risk free trade. Let's see how this plays out over the coming weeks. Good luck Traders, if you see something similar or different feel free to share!Longby CollectCapUpdated 1
AUDUSD LONGPrice Action Day Trading Daily Bias: Bullish POI: Price retrace back into H4 support horizontal level and rejected from that. Price went bullish breaking through bearish trendline and H1 resistance level. H1 TF, price formed a double bottom with a strong horizontal level of the neckline. Setup: H1 Broken neckline set a long trade with SL below double bottom swing low. Targeting next daily swing high with R:R 1:6. Longby royschen071
🤔AUDUSD: example of an unclear market🤔☝️Do not act based on my analysis, do your own research!! Learn from my experience, with all the mistakes and pain shared on the way to the main goal - consistency. I'm always glad to discuss and answer questions. ⚠️ ALL videos and ideas here are for sharing my experience purposes only, not financial advice, NOT A SIGNAL. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as a simulated, educational environment. DO NOT act based on my analysis, do your own research!!by Yelli_tradesUpdated 773
AUDUSD: maintaining narrow range accumulationAUDUSD: The AUD withinside the quick time period is likewise preserving a slender accumulation variety with a corrective downtrend wherein the aid place of 0.6590 is likewise touching the EMA200 withinside the H4 frame. The predicted situation is that AUDUSD may also lower from the modern-day rate variety. If AUDUSD falls beneath 0.6590, it'll verify a longer-time period downtrend. It is usually recommended to promote with this forex pair.Shortby Chart_MasterPro1
AUD/USD Bears In ControlWhile the AUD/USD shows signs of trending higher on the daily chart – a series of higher highs and higher lows have been seen since $0.6362 – the unit recently connected with resistance at $0.6659, a move bolstered by the monthly chart linking with the upper boundary of a potential bearish pennant formation, drawn from a high of $0.7158 and a low of $0.6170. Coupled with the above analysis and the Relative Strength Index (RSI) holding south of the 50.00 centreline on the monthly chart and daily flow also poised to break through the 50.00 centreline, this could prompt further selling in the currency pair towards the 200-day and 50-day SMA combination between $0.6528 and $0.6560. Shortby FPMarkets1
Aussie head and shouldersHead and shoulders indicating targets in the red and orange demand areas. Best of luck!Shortby Syed-Usman-Ali1
Elevated Aussie Inflation Places the Spotlight on AUD/USD ResistOvernight, Aussie inflation accelerated for a second successive month, according to the Monthly Consumer Price Index Indicator, rising +3.6% in the twelve months to April and surpassing the +3.4% median market estimate and the +3.5% print reported in March. This will be unwelcome news at the Reserve Bank of Australia (RBA) and highlights that we will unlikely see a rate cut this year. The Australian Bureau of Statistics (ABS) noted that price increases were seen in housing (+4.9%), food and non-alcoholic beverages (3.8%) and alcohol and tobacco (+6.5%). RBA: ‘Not Ruling Anything Out’ The previous RBA meeting saw the nine-member Board hold the Cash Rate at a 12-year peak of 4.35%; this follows a total of 425bps of tightening from May 2022 until November 2023. The central bank's overarching message at this meeting is that they are still ‘not ruling anything out’. The decision to hold rates unchanged followed Q1 inflation surpassing market estimates as well as the RBA’s forecasts. Looking Ahead The RBA meets next on 18 June, and given the latest inflation data, a rate adjustment from the central bank is very doubtful. In fact, according to the OIS curve, the chance of a rate cut unfolding this year is unlikely, with investors now pricing in a possible rate hike in September (around a 30% probability is priced in as of writing). This consequently triggered a short-term spike in the AUD versus its US counterpart to a high of $0.6666 before swiftly reclaiming pre-announcement levels. Regarding where the AUD/USD stands, longer-term market action reveals buyers and sellers have been squaring off between two converging lines on the monthly chart, establishing what many technical analysts will view as a potential bearish pennant pattern drawn from $0.7158 and $0.6170. You will note that price is also challenging the upper boundary of the pennant formation, indicating possible resistance ahead. As a note, it is worth bearing in mind that although pennant patterns are considered continuation formations, they have been known to signal trend reversals upon failure of the pattern. Another technical observation worth taking on board, of course, is that the Relative Strength Index (RSI) on the monthly chart has been exploring terrain south of the 50.00 centreline since early 2022, demonstrating negative momentum. Shortby FPMarkets1
AUDUSD: The AUD is also having downward adjustmentsAUDUSD: The AUD is also having downward adjustments in the context of the USD index recovering. Therefore, in today's session, it is expected that AUD will still maintain short-term correction momentum to retest around the 0.6600 area. It is recommended to briefly sell AUD and then monitor the price reaction when AUDUSD tests 0.6600.by Chart_MasterPro2
AUD/USD For Bullish Swing Tradeyou can long now or wait for pull back for inner structure (H1) and create higher low at blue arrow and go long , if price break resistance at red arrow then you can double your trade size to take target 4 as swing trade have fun :)Longby maxbayne1
View on AUDUSD 1D1.AUDUSD travelling inside the Major Resistance zone. 2.Once its broken, we may see a huge long. 3.If Dollar continuous the bearish move we can take a long in AUDUSD.by Sha_The_IconUpdated 2
AUDUSD buying Trading IdeaHello Traders In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET today AUDUSD analysis 👆 🟢This Chart includes_ (AUDUSD market update) 🟢What is The Next Opportunity onAUDCAD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the ChartLongby ForexMasters2000Updated 2
AUD/USD SHORT POSITIONThis chart has reached the ceiling of its price channel and is expected to take a downward trend. However, it should be expected that the decline in gold prices will be the driver of this downward movementShortby samansakiani1
SHORTfrom my own perspective I see audusd is going down after some couples of new it will pull back up Shortby eminentsams1
5/29/24 - AU sellmonitoring closely, might retrace back to pre NY supply took sell after BOS @ PLODShortby victoriaawUpdated 1
aud make channelaudusd make channel did double of bottom and take energy for raise again my idea is audusd change trend and very soon raise alot so please be care at take sell on audLongby MR_G0ld2
AUDUSD InsightHello, dear subscribers. Please share your personal opinions in the comments. Don't forget to like and subscribe. While Neel Kashkari, President of the Minneapolis Fed, stated that he does not rule out the possibility of a rate hike, most high-ranking Fed officials are maintaining a hawkish stance. The outlook for a rate cut in September is significantly receding, which in turn provides a basis for a strong dollar. Starting with the PCE price index this week, the dollar is expected to show strong movements again, and the ECB's monetary policy meeting is also worth noting. - On May 30, the U.S. first-quarter GDP (QoQ) will be announced. - On May 31, the U.S. April personal consumption expenditures price index and the Eurozone May consumer price index will be announced. - On June 5, Australia's first-quarter GDP (QoQ) will be announced. - On June 6, the ECB interest rate decision will be announced. AUD/USD is currently ranging between 0.67000 and 0.66000. While it is moving sideways due to the lack of significant market-moving factors, it is expected to determine a direction soon. The current chart shows a bearish bias. A full-scale decline is anticipated from the point when it breaks below the 0.66000 line, and it is expected to continue a short-term decline to the 0.63000 line before rebounding and attempting to break through the resistance in the 0.65000-0.65500 range again. If, contrary to expectations, it breaks through the high point and shows an upward trend, we will quickly adjust our strategy.Shortby shawntime_academy1