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Aususdshort

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
AUS / USD Buys Very choppy price action and has been unable to break the daily lows, probably going to be quiet until tomorrows CPI. I would only look for a sell if there is a lower low close below structure and the blue zone with a retest on the 30 min and a lower low close. Other wise I favor low positions Ideally with a 4h close above structure and the upper blue zone alternatively if there is a close and rejection from the daily low I would take a long back to the top of structure
Long
by garethwarnock44
AUDUSD Short-term Buy and Long Term SellLong-Term Sell on retest of Level 0.72500/Trendline/Liquidity Zone * Safest entry would be on a break and retest of previous liquidity (Marked red) Wait for a good bearish confirmation on these points. For additional confirmation: - Look for strength on USD DXY - You may check in with fibs (between 38.2%/50%) (I didn't draw them because it would be too messy) Short-term countertrend buy possible towards level 0.72500 (Provided good bullish confirmation)
by NoahXBorg
1
AUDUSD Sell Market out of consolidation-Price broke and retested both consolidation box and level out of consolidation and retested level 0.73500. -Price also broke and retested counter-trendline with a bearish engulfing. -I will be shorting and looking at level 0.73000 or previous liquidity zone as take profits with BE protection along the way. -I will be aware of the Retail Sale news release later today. -If price doesn't go down by the time limit, Exit. Details are in the chart.
Short
by NoahXBorg