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AUDUSD

AUDUSD. Medium and short term analysisHello traders and investors! The price reached the target of the forecast from April. Some medium-term forecasts take a long time to come to fruition. It creates the impression that medium-term forecasts always come true. You can use the following criterion to consider a forecast fulfilled: ensure that the price does not break the last local extreme before reaching the target. If this condition is met, the forecast can be considered successfully realized. In the April forecast, the last local extreme is point 5 of the sideways range (0.62701). Weekly Timeframe Analysis Let me remind you that on the weekly timeframe (TF), a sideways range has been forming since January 2023 (point 4). The lower boundary is 0.61699, and the upper boundary is 0.71577. Formally, the buyer has reached the target of the 5-6 vector (0.69205), and there are no signs of reversal yet. The last two weekly candles show increased volume, with small buying wicks. However, the price is currently in the seller's contextual area (the upper range of the weekly TF sideways movement), but the seller is not utilizing this volume yet. Daily Timeframe Analysis On the daily TF, a sideways range has been forming since August 24 (point 4). The lower boundary is 0.63478, and the upper boundary is 0.67985. The buyer's 4-5 vector has broken through the upper boundary of the range. For three days, the price has been unable to break through the level marking the start of the last seller's sub-impulse on the weekly TF (0.68996). Below, the buyer is defending the breakout of the last sub-impulse seller level on the daily TF (0.68239). For the last two days, the buyer has applied increased volume with no result. On the other hand, the price is in the seller’s contextual area (the upper range of the weekly TF sideways movement), so the seller should be evaluated first—and so far, the seller is absent. Highlight: • There are no signs of the seller on either the weekly or daily TFs to justify looking for mid-term sales. A sign of the seller could be a return of the price to the daily TF sideways range and the seller defending that return. • There is no context for mid-term buys, as the price is in the upper part of the weekly TF range (a seller's contextual area). 2H Timeframe Analysis For short-term buys or sells, you can use, for example, the 2-hour TF. On this TF, there is a sideways range, with the seller’s 7-8 vector being active and the potential target at 0.68179. The seller has returned the price to the range (below 0.69081), forming a seller’s zone above (marked by a red rectangle on the chart). Sales can be considered. When selling, monitor the price's movement around 0.6868 and 0.68625. Purchases can be considered from the lower boundary of the range (0.68144) if the buyer defends it. Good luck with your trading and investments!
by AlexeyWolf
AUDUSD Will Fall! Sell! Take a look at our analysis for AUDUSD. Time Frame: 1D Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 0.689. The above observations make me that the market will inevitably achieve 0.676 level. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!
Short
by SignalProvider
2
End of the week analysis27th September DXY: Price could trade higher to retest 100.90, if bearish trendline held, could trade back down to 100.55 NZDUSD: Buy 0.6290 SL 20 TP 40 AUDUSD: Buy 0.6905 SL 15 TP 50 GBPUSD: Sell 1.3290 SL 25 TP 75 (if support holds) Buy 1.3345 SL 30 TP 80 EURUSD: Sell 1.1090 SL 25 TP 80 USDJPY: Could range 143 to 144.50, Buy 145 SL 50 TP 200 USDCHF: Nothing for now USDCAD: Sell 1.3480 SL 25 TP 60 Gold: Could retrace down to 2640-2652 range, look for reaction there.
TVC:DXY
by JinDao_Tai
AUD/USD's Path to 0.70: Bullish Continuation in PlaySince the beginning of August, AUD/USD has started reversing its bearish trend. The rise appears to be forming an ABCD pattern, with the final target potentially around the 0.70 level. After reaching a recent high, this week's correction halted exactly at the confluence of support, defined by a horizontal line and a trendline. Yesterday, the pair quickly rebounded near its previous top, which is clearly a bullish sign Today, we’re seeing a minor pullback, which could present a good buying opportunity. I remain bullish as long as the support holds and am targeting the 0.70 zone.
Long
by Mihai_Iacob
2
AUDUSD H1 I Bearish BreakoutBased on the H1 chart analysis, we can see that the price is rising toward our sell entry at 0.6886, a pullback resistance level. Our take profit will be at 0.6833, which is a pullback support close to 78.6% Fibonacci retracement The stop loss will be placed at 0.6907, which is a swing-high resistance. 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.
Short
by FXCM
2
DXY - MidtermThe FED surprised the markets with a 0.50 point preemptive rate cut. We expect this preemptive cut to cause a downward movement in the dollar index. However, we do not foresee a long-term downtrend. While the FED started the process with a larger-than-expected cut, other central banks had already begun their rate-cutting cycles much earlier. Therefore, after a brief decline, we expect the dollar index to stabilize and rise again. Technically, the first of our two major support levels, 100.6, has been broken. We now expect the decline to continue towards the second major support zone between 99.4 and 99.75. The double-top technical formation on short-term charts also supports the downward momentum. If the price finds support in the 99.4 - 99.75 range, we could see a rise towards the 102.2 - 103 area. As for the impact on other dollar pairs, we expect to see upward movements in XxxUsd pairs and downward movements in UsdXxx pairs.
TVC:DXY
by TradeAndMeApp
Bearish reversal off 61.8% Fibonacci resistance?AUD/USD is rising towards the resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6867 Why we like it: There is a pullback resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6909 Why we like it: There is a pullback resistance level. Take profit: 0.6795 Why we like it: There is an overlap support level that aligns with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! 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.
Short
by VantageMarkets
Market Analysis: AUD/USD Rallies Toward 0.7000Market Analysis: AUD/USD Rallies Toward 0.7000 AUD/USD surged above the 0.6800 and 0.6850 levels. Important Takeaways for AUD USD Analysis Today - The Aussie Dollar rallied after forming a base above the 0.6750 level against the US Dollar. - There is a key bullish trend line forming with support at 0.6860 on the hourly chart of AUD/USD at FXOpen. AUD/USD Technical Analysis On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase from the 0.6750 support. The Aussie Dollar was able to clear the 0.6800 resistance to move into a positive zone against the US Dollar. There was a close above the 0.6850 resistance and the 50-hour simple moving average. Finally, the pair tested the 0.6900 zone. A high was formed near 0.6908 and the pair recently saw a minor pullback. There was a move below the 0.6900 level. The pair declined below the 23.6% Fib retracement level of the upward move from the 0.6814 swing low to the 0.6908 high. On the downside, initial support is near a key bullish trend line at 0.6860. The next major support is near the 61.8% Fib retracement level of the upward move from the 0.6814 swing low to the 0.6908 high at 0.6850 and the 50-hour simple moving average. If there is a downside break below the 0.6850 support, the pair could extend its decline toward the 0.6800 level. Any more losses might signal a move toward 0.6740. On the upside, the AUD/USD chart indicates that the pair is now facing resistance near 0.6910. The first major resistance might be 0.6925. An upside break above the 0.6925 resistance might send the pair further higher. The next major resistance is near the 0.6980 level. Any more gains could clear the path for a move toward the 0.7000 resistance zone. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
Levels discussed on livestream 25th September25th September DXY: Retracing from 100.20, could retest 100.60, look for rejection to continue lower to 100 and 99.70 major support level. NZDUSD: Buy 0.6310 SL 20 TP 50 AUDUSD: Sell 0.6880 SL 20 TP 40 GBPUSD: Buy 1.3345 SL 40 TP 80 EURUSD: Buy 1.1205 SL 15 TP 45 USDJPY: Could range between 145 and 143, look for breakout potential USDCHF: Buy 0.8470 SL 20 TP 80 USDCAD: Sell 1.3420 SL 25 TP 55 Gold: Bounce off 2652 could trade to 2670 with major level at 2700
TVC:DXY
by JinDao_Tai
AUD departs from 2024 high on Bullock speechFrom a technical perspective, AUD/USD has potential to further its upward movement. The daily chart indicates that technical indicators are trending sharply lower and are well above their midlines, yet not presenting overbought circumstances. Meanwhile, the pair is trading above bullish moving averages, with the 20 Simple Moving Average (SMA) showing upward momentum roughly 100 pips below the current level. The 4-hour chart shows that technical indicators are within positive territory, although not strong enough to confirm another upward leg. The Momentum indicator rebounded from around its 100 line but remains well below its intraday high, while the Relative Strength Index (RSI) indicator consolidates at around 64. Support levels: 0.6820, 0.6775, 0.6730. Resistance levels: 0.6870, 0.6910, 0.6945. News: RBA GOVERNOR BULLOCK: RECENT DATA HASN'T SIGNIFICANTLY ALTERED POLICY OUTLOOK -INTEREST RATES TO STAY UNCHANGED FOR NOW -PROGRESS ON CORE INFLATION LIKELY REMAINED SLOW IN Q3 -Q2 GDP FIGURES INDICATE SLIGHTLY WEAKER SHORT-TERM OUTLOOK -BULLOCK ANTICIPATES AUGUST HEADLINE CPI TO FALL BELOW 3.0% -BOARD DOES NOT ANTICIPATE NEAR-TERM RATE CUT -BOARD CONSIDERED ADJUSTING POLICY MESSAGING According to MKTNews.net Bullock's speech today contributed to AUD weakness of current 4hrs chart
Short
by Tekapo-Invest
Bearish reversal off multi-swing high resistance?The Aussie (AUD/USD) is reacting off the pivot which acts as a multi-swing high resistance and could drop to the 1st support which is a pullback support. Pivot: 0.6897 1st Support: 0.6797 1st Resistance: 0.6988 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.
Short
by ICmarkets
1
Weekly Pennant, Daily Bull Flag Confirmed! - AUHere I have AUD/USD on the Weekly & Daily Charts! Starting on the Weekly: - Price has been creating Lower Highs into Higher Lows forming a Pennant Pattern! - Price will consolidate in this formation until we are given a Bullish or Bearish Break. - Aug. 5th - RBA decides to HOLD rates @ 4.35%, afterwards we see a Fake-out of Price Breaking Down the Daily: - After the Fake-out, we see Price make a Bullish run and create an Equal High - Going from the Low of the Fake-out @ .63478 to the Equal High @ .68239, Price follows a Descending Channel until making a Fibonacci Retracement to the 38.2% Level, leading to a Bullish Break Confirming a Bull Flag Pattern! - Sept. 18th - FED decide to Cut rates by 50 BPS to 5%, afterwards on Sept. 19th Price Closes Bullish Above the Resistance-Turned-Support giving us a Higher High and Potential Buying Opportunities! I suspect the next area of Resistance Price will come to is at the over head Swing High @ .6895 and Falling Resistance where ultimately I believe AUD will give a Bullish Break to the Weekly Pennant and we will see Price continue to climb! Indicators: * RSI is beginning to become sustained Above 50 * BBTrend is printing Green Bars * If you take the two Largest Bearish Candles in recent Price Action ( Sept. 3rd & Sept. 6th in Descending Channel), we can see that the Volume Delta prints -36.103K for the 3rd but only -20.958k for the 6th, Signaling less Bearish Participants!
Long
by Novi_Fibonacci