Aud/Usd

[MARandhawa]

The pair can fall.
On the 4-hour chart, downward trend is forming as a first wave 1 of (5) of the higher level. Now the fifth wave of the lower level v of 1 is developing, within which the upward correction has ended as a wave (iv) of v, and the wave (v) of v is developing. If the assumption is correct, the pair will fall to the level of 0.7250. The level of 0.7407 is critical and stop-loss for this scenario.

Main scenario
Short positions will become relevant during the correction, below the level of 0.7407 with the target at 0.7250. Implementation period: 5–7 days.
Alternative scenario
The breakout and the consolidation of the price above the level of 0.7407 will let the pair grow to the levels of 0.7498–0.7540.

[Akhterp]

The AUD/USD has managed to find a little bit of a bid in the last few sessions. In part, we have to thank the USD who declined significantly on Friday.

This week marks another instalment of the RBA. We haven’t had an interest rate hike in 20 consecutive meetings and it appears meeting number 21 will be no different.

The economy is grinding away, but in no real position to be putting pressure on rates. At least no in an upward direction. Over the weekend I mentioned that the RBA might start feeling the pressure to raise rates as banks are being forced to do so, given the higher cost of obtaining credit.

That’s a pressure being driven by the US as rates rise and will continue to do so. Many experts are now suggesting that there won’t be a rate hike in Australia for the next 1-2 years.

So that is rather bearish for the AUD/USD, given that we expect the USD to start appreciating, in line with the rate hikes and generally improving economic conditions.

[fxearner]

0.736 9 - 0.7383 में संचय की निचली सीमा तक तीस मिनट के समय सीमा पर एयूडी / यूएसडी मुद्रा जोड़ी के दृष्टिकोण पर 0.736 9 के स्तर से बिक्री के लिए एक विकल्प है, जिसमें 0.7311 और उसके क्षेत्र में आपके विवेक और लक्ष्य पर रोक है। एक वैकल्पिक विकल्प या तो 0.7337 की कीमत पर, वर्तमान से खरीदना है, या 0.7311 - 0.7322 के क्षेत्र में वापस रोल करने की प्रतीक्षा करें, जहां 0.7311 अंक से नीचे एक स्टॉप के साथ खरीदना और संचय 0.736 9 - 0.7383 के टूटने के लक्ष्य। खरीद के लिए अगला लक्ष्य 0.7383 - 0.7412 की सीमा में संचय है।

[yulbang111]

AudUsd bullish trend can continue today, now current price at 0.7395 and strong support at level 0.7375 in hourly time frame. there is possible chance AudUsd price will move to up side. then next high price is 0.7450

I suggest to entry buy with stoploss at 0.7360 and take profit at 0.7450

[alishba.mkt]

The Australian Dollar is a risk currency that falls alongside stocks. It is also sensitive to trade clashes between China, its No. 1 trade partner, and the US, the world's No. 1 economy. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> >>>>>>>>>>>>>>>>>>>>>>>

[MARandhawa]

Current trend

On Friday, AUD strengthened significantly against USD, partially balancing the decline at the beginning of last week.

The growth of the instrument was due mainly to technical factors, while macroeconomic statistics from Australia was ignored. New Home Sales (MoM) fell to –4.4% in April from –4.2% a month earlier. Private Sector Credit (YoY) fell to 4.8% in May from 5.1% a month earlier, and in monthly terms the indicator fell to 0.2% in May from 0.4% a month earlier.

Today, during the Asian session, the pair is trading downwards. Investors are not going to open new positions before RBA Interest Rate Decision will be published on Tuesday, July 3. June TD Securities Inflation and May Building Permits releases are expected today.

Support and resistance

On the daily chart, Bollinger bands are steadily declining. The price range is narrowing, reflecting the mixed nature of trading in the short term. MACD grows, keeping a weak buy signal (the histogram is above the signal line). Stochastic turned up after a confident decline at the beginning of last week.

According to the indications of technical indicators, it is better to open long positions in the short and super short term.

Resistance levels: 0.7409, 0.7442, 0.7474, 0.7500.

Support levels: 0.7384, 0.7355, 0.7322.





Trading tips

Long positions can be opened after the breakout of the level of 0.7409 with the targets at 0.7474 or 0.7500–0.7520 and stop loss 0.7370.

Short positions can be opened after the breakdown of the level of 0.7355 with the targets at 0.7322–0.7300 or 0.7270 and stop loss 0.7390.

Implementation period: 2–3 days.

[MARandhawa]

Morning Update:
AUD was corrected downwards from the highs at the level of 0.7408 due to Australian Monday’s statistics. AiG Performance of Mfg Index fell to 57.4 points in June from 57.5 points a month earlier. MoM TD Securities Inflation stayed at the level of 0% in June. YoY value fell to 2.0% in June from 2.1% a month earlier. During the day, the dynamics of the rate can be influenced by US statistics.

[yulbang111]

AudUsd bullish trend can continue , now current price at 0.7405 and strong support at level 0.7385 in hourly time frame. there is possible chance AudUsd price will move to up side. then next high price is 0.7455

I suggest to entry buy with stoploss at 0.7370 and take profit at 0.7455

[Ticky]

time frame - Daily
currency pair - AUD/USD
sell @ 0.7390
take profit @ 0.7346
stop loss @ 0.7422
risk reward ratio - 1 : 3
the pair may go bearish and possible retracement downtrend. sell at the top

[batool]

audusd pair strong buy kay trend main hay aor ab tk ki price movement audusd ki 0.7336 sy 0.7401 tk ki howi hay aor pair strong buy main hay aor Trader audusd ko 0.7320 sy 0.7350 sy buy kr sakta hay aor Trader audusd ko take profit 0.7450 , 0.7500 aor 0.7550 tk ka laga sakta hay aor Trader stop loss ka point 0.7260 tk ka laga kr trading ko safe kar sakta hay