AUDUSD 15MINbuy new. with any retest 3 level 38.2-50-61.8 to Breaking the top
confirmation Close Above 0.68350
Audusdanalysis
AUDUSDH1 We have a strong buy from 50% fibo
Be careful the wave 4 does not come close to the top of the wave 1
32,600 Jobs Added! Aussie Dollar Skyrockets!The Australian dollar has surged, driven by an impressive employment report that far exceeded expectations. In the month of June, Australia's net employment rose by a staggering 32,600 compared to the previous month, surpassing estimates by more than double.
This development propelled the Aussie currency up by over 0.9%, reaching an intra-day high of $0.6834. The New Zealand dollar also rode the wave, gaining 0.57% to reach $0.6299. Both Antipodean currencies are now poised to reverse the losses incurred over four consecutive trading sessions.
The current market sentiment favors the bulls, with both short and long-term momentum in their favor. Price action is trading above the 50 and 200-day moving averages, reinforcing the positive outlook for the Australian dollar.
Elsewhere in the currency market, the sterling is doing its best to counter deep losses following a sharp fall in the previous session. The decline was prompted by Britain's inflation data, which fell short of market expectations.
The British pound managed a modest recovery, trading 0.15% higher at $1.2958 in the latest session.
AUDUSD Top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDUSD BUYHi, according to my analysis of the AUDUSD pair. There is a possibility of an uptrend with a retest of the price. Double button model. There is strong support in this area 0.65000. And this is just a corrective wave. to return to height. Good luck everyone .Note: If you like this analysis, please give your opinion on it. in the comments. I will be happy to share ideas. Like and click to get free content. Thank you
AUDUSD Long before the Big ShortLast week we gave an idea on selling AUDUSD at 0.6887. This worked out really well and we made about 2%.
The pair is still with the uptrend and we see a pattern to buy this now.
Entry: 0.6810
SL: 35 pips
Target: 70 pips.
Here is why we are going for this:
1) W1, D1, H4 is all uptrend.
2) There is divergence on M15
3) The pattern looks good FX:AUDUSD
AUDUSD Signals Potential Intraday downside moveHello Traders,
Here is my intraday technical outlook of AUDUSD.
Long term
On the H4 time frame, a big inverted head and shoulders pattern is seen, indicating a potential long term bullishness.
Short term
AUDUSD has displayed interesting price action, indicating potential bearish momentum in the near term. Here's a breakdown of the short term analysis:
1. Intraday Consolidation and Sign of Weakness : AUDUSD experienced a period of consolidation around 0.68956 -0.68705, suggesting indecision in the market. However, signs of weakness emerged during this phase, indicating that sellers might have been gaining control.
2. Rally Without Strength and Failed Resistance Test : Despite the consolidation, the pair attempted to rally to the upside. However, the rally lacked conviction and failed to reach the resistance zone, signaling a lack of buying power. As a result, sellers took the opportunity to overpower the buyers, leading to the establishment of a crucial supply level.
3. Break of Support Zone : The bears succeeded in breaking below the significant support zone located around 0.68496. This breakout is a bearish signal, suggesting that sellers are gaining control of the market. Considering the analysis, the outlook for AUDUSD leans towards a potential further decline to the 0.68040.
Traders should keep a close eye on price action, especially during the retest of the broken support. If the retest confirms the newfound resistance, it would add more credibility to the bearish scenario.
Cheers and happy trading.
AudUsd in strong supportAfter the double bottom in the important support area at 0.66, AudUsd has risen strongly and reached 0.69 resistance given by the previous high.
At this moment the pair is rolling back down in a normal correction and this could offer bulls nice buying opportunities in anticipation of an up continuation.
At the time of writing AudUsd is trading exactly in the old resistance of the range which should provide support now and I'm looking for reversal signs.
AUDUSD might pumping after correctionSeveral weeks ago I expect it will going down retrace to price 64¢ but it didn't, it was pumping from 65¢ and broke the strong resistance swing high at 68¢, after that correction to strong support at 66¢ before it pumping hard again to test that 69¢, but unfortunately not yet touched. Usually when the price doesn't touched particular strong round number (almost touch 1-3 pips), once again when it comes to that price, it will break the price like it was nothing (long bullish/bearish candle close above/below the strong price). Actualy I had sell limit at 69¢ several weeks ago but the price didn't take my sell order (missed less than 2 pips). Now the market structure is clear, bull domination. Usually price will spike to 60-70 pips before it going in favor (downward). I expect will correction to 67¢ for buy opportunity to test the new resistance at 69¢ (200 pips). It was consolidating 100 pips between 66¢ (minor support) and 67¢ (minor resistance) for 10 days before it pumping hard broke the 67¢ after USD high impact news released (CPI data) and this mean this (67¢) is strong demand on daily or weekly chart (spot the move without change to daily or weekly chart). I'll looking the price to build minor structure on smaller timeframe such as H1 before take consideration to sell for corrective moves.
What do you guys think?
AUDUSD Analysis 14July2023AUDUSD analysis is in accordance with the analysis a few days ago. the price finally bullish broke through the resistance area and now looks correction.
To determine the next target, we can draw fibo extensions from the beginning of wave 1 and the base of wave 2 to find the approximate length of wave 3.
AUDUSD:UPDATED CHART 10/07/2023❤️Dear Traders, hope everyone having an profitable week. Our last setup on AUDUSD showcased the possible future trend of the pair. Price came close to our area of entry.
In our opinion price already have completed the bearish move and the bulls have taken control over.
AUDUSD Long OpportunityAUDUSD is on a bullish assault and is currently offering buys for the near-term
Here is my rationale:
Weekly:
-we broke structure on the weekly to the upside recently, especially after a long time being
both ranging and marginally bearish
-we printed two strong wicks in the past two weeks to the downside, the last culminating into
a hammer candle
-this indicates that we have exhaustion after the strong retracement we experienced on the
pair three weeks ago
-the hammer gave a hint of bullish momentum stepping into the market
-we are currently in the overall bullish continuation phase on this time frame
H4:
-we have broken structure to the upside and are, today, strongly pushing to the upside
-we have had a clear bullish dominance in the market and I am seeking this momentum
to carry on to the 0.69000 level, where the June high leveled out and is a potential
source of liquidity if we are to shift direction to the downside
Midrange (H1)
-we are strongly bullish
-the weekly high at 0.68830 and the June high at 0.69000 are strong levels of magnetism
for the pair
-I am seeking a buy at the 38.2%-50% fib retracement level, targeting 0.68800, right below
the previous zone of supply where the pair took orders and dumped them all the way to 0.66000 at the close of June.
AUDUSDOANDA:AUDUSD
Hello Traders, what do you see on your Audusd chart?
My View:
Price is overall bullish and will take the old high at 0.69000.
I will start buying Audusd whenever market present a clear buying structure on 4H and lower time frames.
If you like this idea, like and comment, and don't forget to follow me.
AUDUSDOANDA:AUDUSD
Audusd had an energetic run on Friday, now price has returned back to the origin of the move.
I will buy on lower time frame confirmation and sell at the range high.
What do you think?
Remember to drop a comment, like and to follow me if you like my idea.
150 pip drop coming from AUDUSD soon?Posting this to save the idea.
We still need daily confirmation from today's close to put this idea into play.
If today's close is under .6700 I will being looking for shorts on AU
#audusd
DeGRAM | AUDUSD psychological levelAUDUSD dropped from the resistance level and fell below the previous support.
The price broke and closed below the psychological level at 0.67000.
The market is consolidating on the 4H timeframe, and price likely will retest the support and fibo level.
We expect a bearish move.
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AUDUSD Analysis 10July2023there is consolidation with a fairly wide price range. I still believe if this pair there is a strong opportunity to be bullish. with today seen morubozu bullish candle.
AUD-USD - 4h - LONG SETUPAUD-USD looks nice for a long setup, but first, we need a break of resistance zone - 0.6794( white line ) and confirmation on 15min tf to enter in this long setup.
DeGRAM | AUDUSD kill zone for short opportunityAUDUSD moved out of the ascending channel and made lower lows.
The price is pulling back to the resistance level at 0.66600.
Price action formed a kill zone for the short opportunity: fibo level 61.8% and dynamic resistance.
We expect a bearish move from the kill zone.
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Share your opinion in the comments and support the idea with a like. Thanks for your support!
AUDUSD Possible sell zone!!Currency Pair : AUDUSD
Possible direction : Bearish
Multiple-timeframe Analysis : Daily : Price has just tested the daily 20EMA and has broken toward downside forming a daily MIDDLE MAN which may continue to drop as long term trend is down
Monthly: There is strong rejecjction from the resistance level.
Weekly: Pirce already tested the weekly resistance level and rejected from upper wick of the weekly doji.
4H: Price currently is in pullback and may start dropping from 20EMA to merge with it's long term down trend
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
buy setup for audusd the best scenario is to see the price mitigate the demand level for searching for buying opportunities from better prices
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don't forget your risk management
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audusd trap !!price is trading in sideways
so we expect the price will go to the downside to mitigate the demand area and sweep the liquidity
then go up
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don't forget your risk management
follow for more :))
AUDUSD Analysis 4July2023there is almost the same movement between this pair and GBPUSD, I am waiting when the price can breakout from the line that I set.
