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Aussiedollar

AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights. Technical Setup Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade. Trade Plan Entry: 0.7120 (near the 0.75 Fibonacci level). Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection). Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit). Risk/Reward Insights This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips. Disclaimer Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed. Follow for more actionable trading insights and strategies!
Short
by InwardTrader
AUDUSD ShortAUD/USD remains in a bearish trend, with recent price action aligning with technical and fundamental signals. Traders are watching US PPI data today for potential market-moving insights. Technical Setup Using Smart Money Concepts (SMC) and Fibonacci retracement, the 0.71–0.79 Fibonacci zone stands out as a key resistance level, supported by a Fair Value Gap (FVG) from the last swing high. Price is testing the 50% Fibonacci level, creating an opportunity for a short trade. Trade Plan Entry: 0.7120 (near the 0.75 Fibonacci level). Stop Loss: 0.64729 (above the 0.79 Fibonacci level for risk protection). Take Profit: 0.63378 (targeting below the Fair Value Gap for a clean exit). Risk/Reward Insights This setup offers a Risk/Reward Ratio of 1:3, with a risk of 64.7 pips to potentially gain 192.1 pips. Disclaimer Trading involves significant risk. Always trade with a clear plan, implement stop-loss orders, and never risk more than you can afford to lose. This analysis is not financial advice—trade responsibly and stay informed. Follow for more actionable trading insights and strategies!
Short
by InwardTrader
AUD/JPY Clear breakthrough, trend trading.Hi guys, we are coming up with yet another fantastic opportunity, which we will express our attention onto Resistance and Support line. The AUD/JPY has been trading in a very tight range since the beginning of October up until now. There is an extremely strong resistance line which has been physically broken once sitting above the level of 101.700 , in between that time the pair has been trading just below the Resistance of 101.600 to it's lower end at the support of 99.778. For now my analysis would be targeting the lower end of 99.700 to 99.800 level and then for us to see another retest towards the two goals which I have set up as follows As a pending order - BUY LIMIT at level of 99.778 with following take profits - Take profit 1 : 101.161 Take profit 2 : 101.673 Enjoy this fantastic analysis which has brought me a lot of success the past two months, hence the fact that it was trading in a very obvious range and allowed for very easy entries to follow up and catch quite a few good pips of movement.
Short
by DG55Capital
AU Index Rallies from Demand Area as Bullish Sentiment GrowsThe AU Index experienced a significant development yesterday as it reached a key demand area, showing a strong rejection today that indicates potential bullish momentum. This demand zone, identified through technical analysis, has historically served as a pivotal point for price action, suggesting an opportunity for a price turnaround. With the opening candle reflecting a robust rejection of lower levels, traders are increasingly optimistic about the possibility of a bullish trend emerging in the coming months. From a technical standpoint, this demand area presents a solid foundation for potential upward movement. The absence of follow-through selling and the strength of the rejection signal that buyers are stepping in to support the price. When coupled with historical seasonality patterns, which indicate a likelihood of gains during this period, there is a compelling case for a bullish outlook on the AU Index. Historical trends suggest that this time frame has often led to price rallies, providing further confirmation for those considering long positions. On the fundamental side, the insights from the Commitment of Traders (COT) report paint an interesting picture. While retail traders are predominantly bearish, indicating a cautious sentiment among the broader market participants, the smart money narrative tells a different story. Institutional investors appear to be either bullish or in the early stages of building long positions, which can be a telling signal for future price action. This divergence between retail bearishness and institutional buying often creates an environment ripe for a market reversal, particularly as the smart money tends to lead rather than follow market trends. Given these dynamics, traders are now on the lookout for a long setup on the AU Index. Emphasizing risk management and entry strategies will be essential in this endeavor. With the price showing resilience at the demand area and fundamental signals suggesting a shift towards bullishness, there is a growing confidence that the AU Index may be poised for a sustained rally. In conclusion, the confluence of technical indicators, seasonal patterns, and the contrasting sentiments present in the COT report presents an enticing opportunity in the AU Index. As traders position themselves for potential gains, the next few sessions will be crucial in determining whether this demand area will indeed act as a launchpad for a bullish trend in the months ahead. Investors will be closely monitoring price movements, looking for confirmation to validate their long strategies in what could be an exciting period for this index. ✅ Please share your thoughts about AU in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
PEPPERSTONE:AUS200Long
by FOREXN1
4
WEEKLY FOREX FORECAST SEPT 7-11th: AUDUSDAUD | AUDUSD: Look at the Weekly TF. Price is sitting in the +FVG, therefore my bias for the week is bullish. I'm only interested in longs at this point. Should price close hard below the +FVG, then that invalidates my bias. I will start to look for sell setups. Check the comments section below for updates regarding this analysis throughout the week. Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate analysis. Thank you so much! Disclaimer: I do not provide personal investment advice and I am not a qualified licensed investment advisor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
CME:6A1!Long
by RT_Money
Aussie dollar strengthens as RBA moves opposite with Fed The RBA is less likely to cut rates as Australia's labor market remains tight. Australia's Aug Unemployment Rate held steady at 4.2%, while labor participation surged to a record high of 67.1%. Australian Treasurer Jim Chalmers emphasized that the increasing number of jobs and opportunities for Australians is a very encouraging development. The RBA also clarified that inflation could continue to decrease if the Unemployment Rate increases further. As the RBA continues to uphold its hawkish stance while the Fed declares a 0.50% rate cut, the Aussie dollar may persist in its upward trajectory. AUDUSD extended its uptrend, breaching the psychological resistance at 0.6800. The price rose above both EMAs, while EMA21 widened the gap with EMA78, sending a bullish signal. If AUDUSD sustains its uptrend while holding above EMA21, the price could gain upward momentum toward the 0.6870 high. Conversely, if AUDUSD fails to hold above EMA21 and breaks the support at 0.6730, the price may fall further to the 0.6640 level.
by inkicho_exness
Aussie dollar strengthens as RBA moves opposite with Fed The RBA is less likely to cut rates as Australia's labor market remains tight. Australia's Aug Unemployment Rate held steady at 4.2%, while labor participation surged to a record high of 67.1%. Australian Treasurer Jim Chalmers emphasized that the increasing number of jobs and opportunities for Australians is a very encouraging development. The RBA also clarified that inflation could continue to decrease if the Unemployment Rate increases further. As the RBA continues to uphold its hawkish stance while the Fed declares a 0.50% rate cut, the Aussie dollar may persist in its upward trajectory. AUDUSD extended its uptrend, breaching the psychological resistance at 0.6800. The price rose above both EMAs, while EMA21 widened the gap with EMA78, sending a bullish signal. If AUDUSD sustains its uptrend while holding above EMA21, the price could gain upward momentum toward the 0.6870 high. Conversely, if AUDUSD fails to hold above EMA21 and breaks the support at 0.6730, the price may fall further to the 0.6640 level.
by inkicho_exness
AUD/USD: Watch for a Reversal with RBA Decision AUD/USD continues to hit new yearly highs as risk sentiment improves following the FOMC’s 50-basis-point rate cut last week and today’s Reserve Bank of Australia (RBA) meeting, where no rate change is expected. However, a dovish tilt from the RBA meeting notes could shift the pair’s momentum, with the 200-Day Moving Average acting as a key level to watch. Also, keep an eye on the RSI, which is nearing the overbought zone at 70 on the daily chart. Beyond the RBA decision later today, Australian inflation data is set for release tomorrow, with headline inflation expected to drop sharply from 3.5% to 3.1%.
by BlackBull_Markets
RBA Decision: Can Bulls Break 0.6900? RBA Decision: Can Bulls Break 0.6900? The U.S. Federal Reserve's decision to slash interest rates by half a percentage point this week has intensified scrutiny on the Reserve Bank of Australia (RBA), which will hold its policy meeting next week. Making a RBA’s interest rate cut less likely in the short term: Australia's labor market delivered stronger-than-expected job growth in August. Maybe this is why the AUDUSD has printed a nine-month high earlier today, creating the fourth consecutive green candle. However, underlying weaknesses are emerging, as the gains were driven by part-time employment, with full-time jobs declining. Should this momentum continue, AUD/USD could potentially test 0.6900 resistance, a high last seen in late 2023.
by BlackBull_Markets
1
Navigating RBA Hawkishness and Economic Red Flags R1 0.6799– 11 July high – Strong R2 0.6753 – 21 August high– Medium S1 0.6637 – 19 August low– Medium S2 0.6563 – 15 August low – Strong This week's RBA Minutes came out confirming the recent more hawkish leaning RBA decision. The central bank hinted at the fact that the cash rate would stay where it is for an extended period of time, while the possibility of additional tightening was also discussed. We've also seen the Australian Dollar getting added help from risk on flow and broad based US Dollar selling. There is some cause for concern however, after the Commonwealth Bank was out calling for a quicker deterioration in the Australian economy than the RBA. The Commonwealth Bank sees an RBA rate cut in November. Key standouts on Wednesday’s calendar come from UK public finances, Canada producer prices, and the Fed Minutes.
by BlackBull_Markets
AUD/USD Eyes Key Data After Breaking 0.6600AUD/USD Eyes Key Data After Breaking 0.6600 The AUD/USD extended its rally passed the critical 0.6600 mark to hit new three-week highs. Traders now turn their attention to the upcoming Australian Consumer Inflation Expectations and Unemployment. The pair faces immediate resistance at the 200-day moving average, followed by the 0.668 level. On the downside, initial support could be the 100-day moving average, with further backing at the 50-day moving average. In the U.S., the spotlight shifts to the July Consumer Price Index (CPI) due Wednesday. Earlier today, the Producer Price Index (PPI) data showed a 2.2% year-over-year increase for July, down from the 2.7% rise in June. PPI often acts as an early indicator for upcoming CPI inflation. Market participants are currently pricing in a roughly 54% chance of a 50-basis-point Fed rate cut in September, a probability that could increase following the PPI data.
by BlackBull_Markets
AUD/USD rising gently towards resistance – buyer beware?Hawkish comments from RBA’s governor have provided a tailwind for AUD/USD today, after she said that the central bank would not hesitate to hike rates if needed. This is all very well, but with the Fed in easing mode and the RBNZ potentially cutting next week, the probability of an RBA hike seems low. But her words have allowed the Aussie to have another crack at Wednesday’s high, but so far it has the hallmark of a ‘last hurrah’. A 50% retracement level between the July high and August low provided resistance for yesterday’s bearish pinbar. And even if prices break above this high, the 200-day MA hovers overhead at the 66c handle. And given the 2-day RSI looks set to close in the overbought zone (although yet to be confirmed), we like the looks of fades within the 0.6570 – 0.6660 area for a swing trade short.
Long
by CityIndex
Resistance on AUD/USD Ahead of CPI InflationThe AUD/USD currency pair (Australian dollar versus the US dollar) is on track to snap a two-month winning streak. It is down nearly -2.0% month to date, largely driven by risk sentiment. Monthly and Daily Resistance Levels Technically, the AUD/USD faded monthly resistance at $0.6670, which combines with the upper boundary of a symmetrical triangle, or ‘coil’, taken from $0.7158 and $0.6170. Adding ‘technical’ weight to said resistances is the Relative Strength Index (RSI) remaining south of the 50.00 centreline since April 2022, indicating negative momentum. On the daily timeframe, last week’s precipitous decline breached several key support levels, including $0.6580 and $0.6591, leaving both levels open for a retest this week. Another notable observation is the scope to continue exploring deeper water until reaching support from $0.6488 (you will note that this area also represents Quasimodo support). Price Direction Overall, the trend direction is relatively difficult to define at the moment. Therefore, recent downside sentiment, coupled with daily resistance, could be something sellers show interest in if tested, targeting daily support at $0.6488. As a note, do remain aware that we have Aussie Consumer Price Index (CPI) inflation out on Wednesday. These numbers have proven rather sticky in 2024, leading the Reserve Bank of Australia to strike a hawkish tone in recent meetings – a 20% chance of a hike is currently priced in for the August meeting. Should inflation come in hotter than expected this week, this could see rate-hike expectations increase and would place current daily resistance in a tricky spot. On the flip side, current resistance could be worthy of attention should a downside surprise in data materialise.
Short
by FPMarkets
AUD breaking out of downtrendAUD/USD Breaks Key Resistance Overview: The FX:AUDUSD pair has shown significant signs of a trend reversal after being in a downtrend since 2021. The pair reached a low just below $0.62 and has since made a strong recovery. Key Technical Points: 1. Trend Reversal: - The pair has broken out of the descending trendline that has been intact since 2021. - This breakout is a crucial signal indicating a potential shift from the prolonged bearish trend to a bullish phase. 2. Moving Averages: - The price has successfully crossed above the weekly 50-period Moving Average (50MA), which often acts as a significant resistance level. - The next key target is the weekly 200-period Moving Average (200MA). The convergence of the 200MA with the Fibonacci retracement levels adds to its importance as a resistance zone. 3. Fibonacci Retracement Levels: - The price is currently approaching the 0.382 Fibonacci retracement level. A successful breach of this level could propel the pair towards the 0.618 retracement level. - The 0.618 Fibonacci level aligns closely with the 200MA, making it a critical resistance zone. This confluence strengthens the resistance at this level, which lies around the $0.72 area. 4. Key Resistance and Support Levels: - Resistance: The immediate resistance is at the 0.382 Fibonacci retracement level. Beyond this, the $0.72 zone, which coincides with the 0.618 retracement and the 200MA, is the next major resistance. - Support: On the downside, the broken trendline and the weekly 50MA now act as crucial support levels. Additionally, the $0.62 level, which marked the recent low, remains a significant support zone. Outlook: The breakout above the downtrend line and the 50MA, coupled with increasing volume, suggests a bullish outlook for the AUD/USD pair. If the pair manages to break above the 0.382 retracement level, it could head towards the $0.72 area, which is reinforced by the 0.618 Fibonacci level and the 200MA. Traders should watch for consolidation around these key levels and the reaction at the $0.72 zone to gauge the sustainability of this bullish trend. Conclusion: The AUD/USD pair's technical landscape has shifted favorably for bulls after a prolonged downtrend. The current breakout and the crossing of key moving averages signal potential for further upside. However, traders should remain cautious around the $0.72 resistance zone, as it represents a critical juncture that could determine the next phase of the trend.
Long
by CryptoFallen
4th of July Special: AUDCAD Buy Signal – Celebrate with Pips! In this festive video, I'm sharing an exciting buy signal for AUDCAD just in time for the 4th of July! Let's celebrate Independence Day with a profitable trade opportunity. We'll explore: The key indicators and market conditions supporting the AUDCAD buy signal Step-by-step analysis of the setup and potential price targets Practical tips for executing this trade effectively Risk management strategies to protect your investment Join me as I break down this timely trade opportunity and provide insights to help you make the most of it. Don’t forget to like, comment, and subscribe for more trading signals and expert analysis. Let’s light up the markets and capture those pips together! 🎇💹
Long
by TruthakaWallStreetakaCookie
AUD/USD Surges as US Inflation Cools, Setting for Bullish ContAUD/USD Surges to 0.6670 as US Inflation Cools, Setting the Stage for Bullish Continuation The AUD/USD pair has jumped higher to 0.6670 following an expected cooling in US inflation. This move aligns with our technical analysis, which anticipated a potential rebound in the Fibonacci retracement area, triggering a new bullish impulse. We also observed a divergence on the RSI within the H4 timeframe, which is situated inside a bullish channel. The decline in US inflation data is expected to spur expectations for early rate cuts by the Federal Reserve (Fed), creating an unfavorable scenario for the US Dollar. Consequently, the US Dollar Index (DXY) has turned negative, dropping to 105.80. According to the CME FedWatch tool, the central bank sees the September meeting as the earliest point for pivoting to policy normalization. The tool indicates that the Fed is expected to deliver two rate cuts this year. However, contrary to market expectations, Fed officials have forecasted only one rate cut this year. Considering all the data and analysis, we are anticipating a possible bullish continuation for the AUD/USD pair. ✅ Please share your thoughts about EUR/USD in the comments section below and HIT LIKE if you appreciate my analysis. Don't forget to FOLLOW ME; you will help us a lot with this small contribution.
Long
by FOREXN1
1