AUD/USD looks set to extend its bounceThe Aussie fell in line with our bearish bias last week, thanks to stronger-than-expected CPI data from the US and the Middle East conflict. Yet despite the risk-off sentiment, the Aussie held above 63c last week and formed a bullish engulfing day on Monday.
A bullish engulfing candle also formed on the 4-hour candle, prices are back above the September low and are now considering a break above the monthly pivot.
Given the liquidity gap (LG) that formed during last week's decline, a break above last week's high assumes the LG could be filled if prices break higher.
The near-term bias remains bullish above the 4-hour candle low.
Audusdanalysis
AUDUSD: AUD/USD tests 0.6300 as risk-off sentiment prevails and AUD/USD struggles to maintain above 0.6300 after PBOC's decision to keep the lending base rate (LPR) unchanged. Selling pressure weighed heavily on the pair amid persistent risk-off sentiment due to escalating tensions in the Middle East.
AUD/USD recovered from near the key support of 0.6285, but the overall bias remains bearish as the price remains below the 20-day MA. On frame D1, price action has not shown clear developments yet.
On the H4 frame, AUD/USD is stuck below MA 20, but technical indicators show recovery potential. If we break through the immediate resistance of 0.6355, the next targets will be 0.6375 and 0.6390, reinforcing the strong upward momentum to 0.6430.
If the support of 0.6330 is broken, the outlook for AUD/USD will be relatively worse, but holding the support of 0.6285 will limit the downward momentum. On the contrary, if it breaks below this level, sellers will aim for the 0.6250 support and the 2022 bottom at 0.6170.
Sell Limit Order Of AUDUSD, Trend Continuation Trade.{11/09/23}Educational Analysis says AUDUSD may go Short according to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why Short?
Broker Forex.com
The AUDUSD Market is in a downward trend making AUD currency strong against the USDollar.
So one trade is already on with RR is 1:11.7
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS.
Happy Trading, Fxdollars.
💡AUDUSD: Waiting for the next trend🟡AUDUSD had another day of decline yesterday, but bar D1 yesterday closed 1/2 and had a long lower shadow, showing that there was buying pressure around the old bottom. Although the D1 AUDUSD chart structure is flat, it shows downward pressure because the bottoms are flat but the tops are getting lower.
🟡The H1 AUDUSD chart structure at this time is cumulative sideways. AUDUSD H1 today welcomes selling from the above resistance, and can change to buying if this resistance is broken, forming a short-term bullish structure.
AUDUSD: Asian foreign exchange increased slightly after China anMost Asian currencies rose slightly on Wednesday following news that China's economic growth was stronger than expected, although concerns about an escalation in the Israel-Hamas war limited gains.
Fresh concerns about higher long-term US interest rates also persisted after stronger-than-expected September retail sales data, which markets fear could lead to inflation. growth increases.
However, currencies that had been hit hard, especially those with exposure to China, saw some gains after China's third-quarter gross domestic product (GDP) Nation is strongly announced.
Australian Dollar up 0.2%
AUDUSD: Asian stocks opened lower after a negative overnight sesAsia Pacific markets are expected to continue to decline at Friday's open, weighed down by Wall Street's decline in response to stronger-than-expected labor data and mixed comments from the Bureau. Federal Reserve.
As of 9:50 a.m. AEST (11:50 p.m. GMT), the S&P/ASX 200 index was down 1.4%, while Nikkei 225 futures also showed a lower open with a loss of 70 points.
US stocks closed lower, with the Dow Jones Industrial Average down 250 points to 33,414, while the S&P 500 and NASDAQ Composite fell 0.8% to 4,278 and 1% to 13,186 respectively.
Midday gains were seen after Federal Reserve Chairman Powell said further interest rate hikes in November were unlikely. However, inflation concerns persist as policymakers exercise caution.
AUD/USD Gave 2 Hours Ago +50 Pips , Did You Enter ? This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Perfect Place To Buy AUD/USD But It`s Risky ! Watch Carefully 👌This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDUSD will go Up soon(⏰(4-Hour)⏰🏃♂️ AUDUSD is running in 🟡 Price Reversal Zones(PRZ) 🟡 and near the Important Support line and Support line .
💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys .
🔔I expect AUDUSD will go UP at least to the Resistance line(2) .
Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) 4-hour time frame⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
AUDUSD Bullish Pennant BreakoutThe pair is already in an uptrend on higher time frames. We are expecting further upside which is signalled by the breakout of the bullish pennant pattern. We can also see the formation of a new high and a breakout of a key level which further supports our directional basis. Entry on retest of the key level.
Asian stocks fell slightly as the USD stabilized on many economiMost Asian currencies fell slightly on Tuesday as demand for the dollar remained steady ahead of several key US economic indicators this week, while sentiment also remained at jittery levels. Israel-Hamas war.
Data on US retail sales and industrial production will be released later in the day, while a host of Federal Reserve members will speak this week, most notably Chairman Jerome Powell on Thursday.
The data and addresses are set to provide more signals on the world's largest economy and will be closely watched after a surprise rise in US inflation over the past three months raised concerns of a The Fed is more hawkish.
The Australian dollar edged up 0.3% as minutes from the Reserve Bank of Australia's recent meeting showed policymakers are still considering more interest rate hikes, as recent inflation persists. increase.
AUDUSD: Asian foreign exchange little changed as dollar falls; TMost Asian currencies fell slightly on Monday, while the dollar edged away from recent peaks as investors continued to worry about any potential spillovers from the Israel-War. Hamas.
Demand for riskier Asian currencies remained weak, while the dollar saw mild profit-taking after reaching near a 10-month high last week. Concerns about higher interest rates in the US, after inflation rose sharply in September, kept Asian market sentiment largely negative.
The Australian dollar rose 0.4%, recovering from a 10-month low, although sentiment towards the currency remained dampened by weak commodity prices.
DeGRAM | AUDUSD kill zone for short opportunityAUDUSD is moving in the descending channel and has made lower lows.
The price is creating a potential AB=CD pattern.
Price action formed a kill zone for the short opportunity: fibo level 38.20% and dynamic resistance.
We expect a bearish move from the kill zone and completion of the AB=CD.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
AUDUSD: Market update: Asian stocks may fall as tensions escalatAsia-Pacific markets are preparing for a mixed open on Monday as escalating tensions in the Middle East and the US reporting season weigh on investor sentiment.
By 9:20am AEST (11:20pm GMT) the S&P/ASX 200 was down 0.2% while Nikkei 225 futures added 0.3%.
Meanwhile, {{23705|US 10-year} bond yields, which have been on an upward trajectory and pushing stocks down, fell slightly on Friday. Gold futures also rose, posting their biggest daily gain in dollars since the Covid-19 lockdown in April 2020.
Asian currencies remained relatively stable, with the Indonesian Rupiah, South Korean Won and Vietnamese Dong unchanged. The Thai Baht and Australian Dollar rose 0.3% each while the US Dollar Index fell 0.1%.
AUDUSD - Short after filling the imbalance ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: After change of character here price started to form lower lows and lower highs, so I am looking for shorts. I want price to go a little bit higher to fill that huge imbalance and then to reject from bearish order block.
Fundamental analysis: Tomorrow will be released monthly and yearly CPI in USA. I expect we can see a decrease on CPI, which means strength of currency.
Like, comment and subscribe to be in touch with my content!
DeGRAM | AUDUSD trend continuation opportunityAUDUSD recently retraced at resistance, which is an indication of a trend pause.
Price is in a bearish trend on the 4-hourly chart. However, we have price deceleration on the D chart.
The market broke and closed above the support level that became resistance. It retested the level and rebounded from it.
We expect a breakout pullback and continuation trade.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Australian dollar forecast in D time
According to Ingulf and the clearing of buyers at 0.63, the price needs to provide the fuel for its main downward movement with Hunt's higher liquidity.
The possible area for the main long-term TB is marked with respect to the left of the price
Not financial advice
AUDUSD BULLISH moment on the way...AUDUSD is a forex instrument that has 5.4% of trading volume.
AUDUSD have been consolidatiing in the rectangle for past 2 month. It break to the downside but proved to be a fakeout. and market reversed and ended up back in channel.
AUDUSD is expected to be bullish for next week.
Reason :
Fakeout and very nice volume comeback to channel.
Price > 5 EMA >13 EMA
Bullish pattern formation after fakeout. right time to make position.
RSI > 50 Bullish Zone.
Verdict :
Bullish for next Week
Plan of action:
Buy: 0.63835 (after retrace)
SL: 0.63508
Target: 0.64941