AUDUSD END-WEEK ANALYSIS-UPDATE 24/09/2023AUD/USD Outlook: Surfing the Forex Waves - But Watch the DXY
The AUD/USD journey has been an eventful one, with our earlier forecast for a recovery spot on. However, market dynamics are ever-shifting, and the next chapter is upon us.
Now, I'm anticipating a potential downturn for AUD/USD as the US dollar regains strength. But here's the caveat: this scenario hinges on the DXY maintaining its bullish momentum above 105.864. Join me in monitoring this intricate interplay of factors as we navigate these forex waves. Stay tuned for more insights and updates! 📉📈 #AUDUSDOutlook #MarketShifts #TradingView
Audusdlong
#AUDUSD to the upside---------AUDUSD LONG---------
I just went long on AUDUSD currency pair. I think when everybody is expecting more downside for AUD and more upside for USD now it the time to prepare for longer correction. Main trend is down however I expect this to correct a bit to around 0.65 levels. We will see.
This is not a financial advice, do your own analysis and research!
audusd buy signal. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDUSD Analysis. New Signal From Me!!!Hello Everyone. I want share my idea about AUDUSD pair.
After some price consolidation i got some good moves which actually gave me new and good entry point.
Price action had perfect reaction from daily support which broke 4H interested zone ( here in consolidation price had many times reaction) and now it stopped there where we have daily Trendline which broke second time. i think from here to Daily resistance its really good moment to catch that movement.
Open Position - 0.64433
Stop Loss - 0.64133
Take Profit - 0.65110
Good Luck Everyone!!! Manage your risk!!!
AUDUSD - Long active ✅Hello traders!
‼️ This is my perspective on AUDUSD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I expect bullish price action from here as price filled the imbalance and could reject from bullish order block.
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BluetonaFX - AUDUSD 20 EMA Break LONG IdeaHi Traders!
AUDUSD is still looking strong off the support bounce from the yearly low as bears look exhausted and new waves of buyers are entering the market, and price has finally broken and closed above the 20 EMA for the first time in eight weeks.
Price Action 📊
The market bounced off the yearly low and is approaching the first resistance area. The market has also broken and closed above the 20 EMA for the first time in eight weeks.
Looking for bullish continued momentum to take us to the first resistance area.
Fundamental Analysis 📰
The market's outlook on the AUD continues to be positive, as hawkish statements were released in their latest monetary policy meeting and a recent improvement in the employment situation in Australia
Support 📉
0.63574: YEARLY LOW
0.64436: 20 EMA
Resistance 📈
0.64974: FIRST RESISTANCE
0.65233: SECOND RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
"AUDUSD: Bullish Momentum Towards 0.6700+"AUDUSD is anticipated to experience an upward trajectory in the near future. The price recently reached a crucial support level at approximately 0.6400, and subsequently, the market exhibited a notable surge in momentum.
This positive price action suggests a potential bullish trend in the making. Traders and investors can reasonably expect the price to ascend towards the prominent resistance zone between 0.6700 and 0.6740, where a trendline convergence may offer significant trading opportunities.
AUDUSD BUY 0.6430
TP1 - 0.6700
TP2 - 0.6740
SL - Join Our Channel
AUDUSD SHORT TermVSELLING Trading IdeaHello Traders
In This Chart AUDUSD HOURLY Forex Forecast By FOREX PLANET
today AUDUSD analysis 👆
🟢This Chart includes_ (AUDUSD market update)
🟢What is The Next Opportunity on AUDUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BluetonaFX - AUDUSD Support Rejection LONG IdeaHi Traders!
AUDUSD has been very bearish over the past couple of months, and there is a possibility that the market is now oversold. Looking at the price action on the 1D chart, we have have highlighted the price rejection at the support area between 0.63847 and 0.63575.
There is a likely pullback incoming due to the market holding above the support area, and our view is now bullish. We are looking for a momentum break above our 20 EMA for a confirmation signal and will look to exit at the first resistance area between 0.64981 and 0.65233. Above the first resistance area is the second resistance area between 0.65767 and 0.66019.
Trade safely and responsibly.
BluetonaFX
AUD/USD looks set for a retest of 65cDespite strong data from the US and weak data from China over the past few weeks, AUD/USD bears have failed to keep the Aussie below 64c. Even a strong inflation report from the US on Wednesday resulted in the Aussie springing back above that key level.
Since then, we have seen the pair break a retracement line on the 1-hour chart as part of a bullish breakout ahead of the Australian employment report. The okay jobs numbers provide no reason for bears to jump in, but it has pulled back from current cycle highs.
AUD now looks good to bullish eyes around current levels, and a move towards 65c is favoured as long as prices remain above 64c (although tighter risk management could be used as 0.6410 as an invalidation point).
audusd buy. Don't forget about stop-loss.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUD/USD IN 15 MINS TIMEFRAME.The AUDUSD is likely to reach the support level and then bounce back. If you are trading on AUDUSD then wait for the drop and make your entries precisely. A close below the support level will invalidate this forex trade.
Note: This update is only meant for scalping trade and not for mid to long-term holdings. DYOR before investing.