AUD/USD. Bearish Flag.- wk6AUD/USD has formed Bearish Flag pattern. The Bearish trend will likely continue and we are putting a bearish trade setup. and will do entry at the breakout of last LL.
USDAUD trade ideas
Lingrid | AUDUSD support Level Bounce TradeThe price perfectly fulfilled my previous idea . FX:AUDUSD formed a higher low above the rising trendline near 0.6418, signaling potential bullish continuation. A break above 0.6440 could confirm upward momentum, targeting the previous supply zone around 0.6482. Structure holds as long as price remains above the support level. Buyers may accumulate near the trendline to catch the next leg up.
📈 Key Levels
Buy zone: 0.6418–0.6430
Buy trigger: breakout above 0.6440
Target: 0.6482
Sell trigger: breakdown below 0.6418
💡 Risks
Rejection at descending blue trendline
Failure to sustain higher low could trap buyers
Bearish pressure increases if 0.6418 fails to hold
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
AUDUSD LONG FORECAST Q2 W22 D29 Y25👀 AUDUSD LONG FORECAST Q2 W22 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation & breaks of structure.
Let’s see what price action is telling us today! 🔥
💡Here are some trade confluences📝
✅Weekly 50 EMA
✅Daily 50 EMA
✅15’ order block
✅Intraday bullish breaks of structure
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
What Is Naked Forex Trading, and How Do Traders Use It?What Is Naked Forex Trading, and How Do Traders Use It?
Traders rely on various tools and techniques to trade the forex market. Naked forex trading is one of the oldest and most popular trading approaches among currency traders. This article delves into the details of naked trading, providing insights into its implementation and distinguishing features that set it apart from other analysis techniques.
Understanding Naked Forex Trading
Naked trading is a trading style that involves analysing markets using a clean price chart, meaning one without technical indicators. Traders who use this method make decisions based on real-time price movements and their trading instincts.
Naked trading has its roots in the early days of trading, long before the advent of sophisticated technical analysis tools and indicators. Early traders relied solely on price action and market behaviour to make trading decisions. By stripping away the complexity of modern trading tools, naked trading aims to return to the fundamental principles of trading, emphasising the importance of understanding market psychology and price dynamics.
Core Principles of Naked Forex Trading
Naked forex trading is based on the following principles:
- Price action analysis is the foundation of naked trading, focusing on the examination of asset price movements without the help of technical indicators. Traders rely on bar, line, or Japanese candlestick charts to identify patterns, trends, and key support and resistance levels. By concentrating on real-time price movements, traders aim to make their trading decisions based on how prices behave at specific levels.
- Naked trading emphasises simplicity and clarity as it removes the clutter of numerous trading tools. This approach helps traders maintain a clear view of the market, making it potentially easier to identify trading opportunities. The simplification also reduces cognitive load, enabling traders to focus on the most critical market movements.
- Trader instinct, often referred to as "gut feeling" or "trader's intuition," plays a significant role in naked trading. This instinct is honed over time through experience and the extensive observation of price movements and market behaviour.
Key Techniques and Tools
Mastering price action analysis is crucial in naked trading. These are the four key tools for those who use naked trading.
Candlestick Patterns
Candlestick patterns play a crucial role in naked trading strategy by providing visual representations of price movements over a specified period. Traders look for different price formations to analyse potential market reversals, continuations, or indecisions. Common candlestick patterns include doji, engulfing patterns, hammer, shooting star, and spinning top. Each offers insights into market sentiment and potential future price movements.
Chart Patterns
Chart patterns on price charts indicate potential trend reversals or continuations. Traders using naked trading techniques rely on chart patterns like flags, rounding top/bottom, diamonds, and rectangles to identify key levels where the price is likely to react. These patterns help traders anticipate market movements and plan entry and exit points accordingly.
Support and Resistance Levels
Support and resistance levels are fundamental concepts in naked trading, representing levels the price struggled to break above (resistance) or hold above (support). Traders identify these levels on price charts to anticipate potential price reversals or breakouts. Support and resistance levels are crucial for setting profit targets, placing stop-loss orders, and managing risk.
Trendlines and Channels
Trendlines and channels are used by naked traders to visualise the direction and strength of a trend. Trendlines connect successive higher lows (uptrend) or lower highs (downtrend) on a price chart, helping traders identify trend reversals or confirm trend continuations. Channels are formed by drawing parallel lines to connect highs and lows, creating a channel in which the price typically moves.
Advantages of Naked Forex Trading
Naked trading has many advantages; therefore, it’s still used by traders around the globe. Here are the key benefits of naked forex trading:
- Enhanced Focus and Simplicity: This approach removes market clutter as it offers enhanced focus by eliminating complex technical indicators. Without the distraction of multiple indicators that provide lagging signals, traders may respond more effectively to changes in price movements.
- Improved Market Understanding: By relying on naked trading tools, traders may better understand market behaviour and psychology. Observing price action directly on charts potentially enhances traders' ability to interpret market sentiment, identify key support and resistance levels, and anticipate potential trend reversals or continuations. This hands-on approach fosters a deeper understanding of the nuances of the market and improves trading skills over time.
- Flexibility and Adaptability: Traders are not constrained by specific indicator signals or rigid trading rules. Instead, they can adjust their approach based on real-time price action and evolving market dynamics. This flexibility allows them to take advantage of emerging opportunities and adapt their strategies to potentially mitigate risks.
Challenges and Limitations
Although naked trading can be effective, it has limitations that a trader considers before relying on this approach.
- Learning Curve: As naked forex trading relies heavily on interpreting price action without the assistance of technical indicators, traders may need to dedicate considerable time and effort to mastering candlestick patterns, chart analysis, and understanding market psychology. Developing the skill to interpret price movements accurately demands persistence and consistent practice.
- Emotional Discipline: A notable challenge of naked trading is the absence of clear buy or sell signals provided by indicators, which can lead to heightened emotional responses to market fluctuations. Traders must maintain discipline by adhering to their trading plans, implementing risk management strategies, and avoiding impulsive decisions.
- Market Noise: Navigating market noise is another hurdle in naked trading. Market noise refers to random price fluctuations that obscure meaningful price patterns. Traders need the patience and experience to distinguish between significant price movements and temporary fluctuations.
Practical Application of Naked Forex Trading
Setting up a trading plan is essential for implementing naked forex trading. Traders might use the following rules:
- Define Your Trading Goals: Determine your financial objectives, risk tolerance, and period of trading.
- Select Currency Pairs: Choose currency pairs that align with your trading strategy and offer sufficient liquidity.
- Identify Key Trading Times: Determine optimal times to trade based on market volatility and your availability.
- Establish Entry and Exit Rules: Define criteria for entering trades based on price action signals, such as candlestick patterns or support/resistance levels. Similarly, rules for exiting trades should be established to potentially lock in returns or cut losses.
- Risk Management: Implement risk management strategies, including setting stop-loss orders and calculating position sizes based on your risk tolerance and account size.
- Review and Adapt: Regularly review your plan to assess its effectiveness and make necessary adjustments based on evolving market conditions and personal trading performance.
Real-Life Examples and Case Studies
Real-life examples and case studies illustrate how naked forex trading principles are applied in practice:
Example 1: Trading Support and Resistance
A trader identifies a currency pair approaching a key support level on the daily chart. They wait for a bullish reversal candlestick pattern, such as dragonfly doji, to form near the support level. They enter a long trade with a stop-loss below the support level and a profit target at the next resistance level.
Example 2: Trend Confirmation
A trader observes a currency pair in a strong downtrend on the hourly chart. They wait for a pullback to a trendline and look for a bearish engulfing pattern to confirm the continuation of the downtrend. They enter a sell trade with a tight stop-loss above the trendline. However, it is difficult to determine the profit target as there are no swing lows nearby.
The Bottom Line
When they understand the naked trading forex strategy, traders may use it in other markets, including stocks and cryptocurrencies*. However, it's important to note that any analysis does not guarantee effective trading, and other factors should be considered alongside chart analysis. Risk management and a proper mindset are essential for long-term consistency.
FAQs
What Is Naked Trading in Forex?
Naked, or price action trading, is a forex trading approach that involves analysing the market using a clean price chart without any technical indicators. Traders relying on this method make decisions based on real-time price movements and their trading instincts rather than past performance. The strategy emphasises identifying key support and resistance levels, trend reversals, and price corrections purely through the observation of bar, line, or candlestick charts.
Can I Trade Without Chart Patterns?
Yes, trading without chart patterns may be possible using alternative methods such as indicator-based strategies, quantitative models, fundamental analysis, or sentiment analysis. These approaches allow traders to analyse the markets based on technical indicators, mathematical algorithms, economic data, or market sentiment.
What Is a Chart Pattern in a Price Action Strategy?
A chart pattern in a price action strategy refers to the specific formations and shapes created by the price movements of an asset, which traders use to analyse future market behaviour. These patterns emerge due to the collective actions of buyers and sellers and can indicate potential trend reversals or continuations. Some common chart patterns include triangles suggesting a consolidation before a breakout, Quasimodo indicating a potential trend reversal, and flags signalling the continuation of an existing trend.
What Is the 5-3-1 Trading Strategy?
The 5-3-1 trading strategy is a disciplined approach designed to help traders focus and improve their trading skills. It involves trading just five currency pairs to reduce complexity and enhance expertise in those markets. Traders then use only three specific strategies to master and consistently apply. Finally, they select one trading timeframe to maintain consistency and avoid confusion.
*Important: At FXOpen UK, Cryptocurrency trading via CFDs is only available to our Professional clients. They are not available for trading by Retail clients. To find out more information about how this may affect you, please get in touch with our team.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
AUDUSDPotential Long opportunity
- overall bullish trend
- Rejected then retested 1hr/4hr Demand zone
- Bullish candle sticks
- Double bottom pattern formed
Bullish bounce?AUD/USD is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.6397
Why we like it:
There is a pullback support level.
Stop loss: 0.6365
Why we like it:
There is a pullback support level that lines up with the 127.2% Fibonacci extension.
Take profit: 0.6463
Why we like it:
There is a pullback resistance level that aligns with the 38.2% Fibonacci retracement.
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Australian inflation higher than expected, Aussie extends lossesThe Australian dollar has extended its losses on Wednesday. AUD/USD is trading at 0.6415 in the North American session, down 0.44% on the day.
Australia's inflation rate remained unchanged in April at 2.4% y/y for a third straight month, matching the lowest rate since Nov. 2024. The reading was slightly higher than the market estimate of 2.3% but remained within the central bank's inflation target of 2%-3%. Trimmed mean inflation, the central bank's preferred indicator for underlying inflation, edged up to 2.8% from 2.7% in March.
The inflation report was mildly disappointing in that inflation was hotter than expected. Underlying inflation has proven to be persistent which could see the Reserve Bank of Australia delay any rate cuts.
The markets have responded by lowering the probability of a rate cut in July to 62%, compared to 78% a day ago, according to the ASX RBA rate tracker. A key factor in the July decision will be the second-quarter inflation report in late July, ahead of the August meeting.
The Reserve Bank lowered rates last week by a quarter-point to 3.85%, a two-year low. The central bank left the door open to further cuts, as global trade uncertainties are expected to lower domestic growth and inflation.
The Federal Reserve releases the minutes of its May 7 meeting later today. At the meeting, the Fed stressed that it wasn't planning to lower rates anytime soon and the minutes are expected to confirm the Fed's wait-and-see stance.
US President Trump has been zig-zagging on trade policy, imposing and then cancelling tariffs on China and the European Union. Fed Chair Powell said at the May meeting that the economic uncertainty due to tariffs means that the appropriate rate path is unclear and that message could be reiterated in the Fed minutes.
AUDUSD Bearish Signal | Technical + Custom AlgoSmart Trend Signal | Technical Analysis + Custom Algorithm
This signal is the result of a combination of classic technical trend analysis and a proprietary software I personally developed.
AUDUSD Bearish Signal | Technical + Custom Algo Smart Trend Signal | Technical Analysis + Custom Algorithm
This signal is the result of a combination of classic technical trend analysis and a proprietary software I personally developed.
The system first identifies market trends purely based on technical indicators — no emotions, no subjective analysis.
Then, a custom-built intelligent algorithm evaluates potential entry and exit points and issues the signal.
This means: a fully data-driven signal, with no guesswork or bias.
📌 Note: This signal is for educational and analytical purposes only. Trading is at your own risk.
AUDUSD: I'M GOING LONG!!!Classic setup! I'm going long on AUDUSD as price has satisfied all my trade elements showing signs of a potential continuation to the upside.
Aussie: Dependent to ChinaHello Traders, any problems between US and China regarding the tariffs means weaker Aussie,
Zones for this pair are near together, so use smaller patterns for you confirmation.
The indicated levels are determined based on the most reaction points and the assumption of approximately equal distance between the zones.
Some of these points can also be confirmed by the mathematical intervals of Murray.
You can enter with/without confirmation. IF you want to take confirmation you can use LTF analysis, Spike move confirmation, Trend Strength confrimation and ETC.
SL could be placed below the zone or regarding the LTF swings.
TP is the next zone or the nearest moving S&R, which are median and borders of the drawn channels.
*******************************************************************
Role of different zones:
GREEN: Just long trades allowed on them.
RED: Just Short trades allowed on them.
BLUE: both long and short trades allowed on them.
WHITE: No trades allowed on them! just use them as TP points
AUD/USD: Bullish Reversal Expected From 0.6430 Support The AUD/USD 15-minute chart reveals a potential bullish reversal setup forming near the 0.6430 support zone. Following a clean Break of Structure and prior Inducement, price action is now testing a minor demand zone marked by a blue box. This level coincides with a sweep of short-term lows and rejection from the lower boundary, indicating a possible accumulation phase. The descending trendline has already been breached, suggesting weakening bearish momentum.
Traders may look for a long entry around 0.6430–0.6435, targeting the key resistance level at 0.6466, which aligns with a previous supply area and structural high. This level also represents the most immediate liquidity zone and offers a favorable risk-reward ratio. Confirmation may come through bullish candlestick patterns or lower timeframe breakouts above minor internal highs.
The overall setup reflects smart money concepts, where price typically returns to a mitigation block before continuing in the direction of the dominant trend. As long as the 0.6415 valid low holds, bullish continuation remains the preferred scenario. A break below that level would invalidate the setup and shift bias bearish.
This analysis is ideal for intraday traders looking to capitalize on a high-probability reversal with defined entry and target levels.
AUDUSD BULLISHTechnically:
AUDUSD in bullish trend after printing higher high it retrace
DXY is also bearish it retrace
AUDUSD READY FOR MARJOR BREAKDOWN ? The Aussie dollar is trading right below a major supply zone (0.64796 area) and showing signs of exhaustion after multiple failed attempts to break higher. This is a textbook distribution phase, often preceding a significant drop.
📌 Key Levels:
🔹 Supply Zone: 0.64796 (Heavy rejection seen multiple times)
🔹 Mid-Level Support: 0.62210
🔹 Major Demand Zone: 0.59468 – 0.60000 (POI + high volume node)
🔻 Bearish Outlook: If price fails to reclaim the supply zone, we may see a move to:
1. 0.62210 – minor support, likely to break on high momentum
2. 0.59468 – high-interest demand area + visible range support
📉 Confluence Factors:
Price trapped in a range under supply
Weak bullish momentum after previous rally
Red arrows suggest next bearish impulse targets
Demand visible via LuxAlgo’s Volume Profile + Order Block
USD strength likely from upcoming U.S. data (NFP, CPI news ahead 📅)
---
🎯 Trading Plan:
🧨 Break & Retest below 0.64000 = Sell confirmation
🎯 TP1: 0.62210
🎯 TP2: 0.59468
🚫 SL: Above 0.64800 zone
---
📌 Risk Management is key – wait for confirmations like strong bearish candle close or volume spike on breakdown. Don’t rush entries.
💬 What do you think? Will the bears take control or will bulls defend this zone again?
📊 Drop your analysis below and don’t forget to like & follow for more FX setups!
#AUDUSD #Forex #SmartMoney #SupplyAndDemand #PriceAction #ForexTrading #LuxAlgo #TechnicalAnalysis #TradingView #BearishSetup
possibility of uptrendIt is expected that a trend change will form within the current support range and we will witness the start of an upward trend. If the price crosses the green support range, the continuation of the downward trend will be likely.
Market Analysis: AUD/USD Faces Pressure, Dips AgainMarket Analysis: AUD/USD Faces Pressure, Dips Again
AUD/USD declined below the 0.6500 and 0.6460 support levels.
Important Takeaways for AUD/USD Analysis Today
- The Aussie Dollar started a fresh decline from well above the 0.6500 level against the US Dollar.
- There is a connecting bearish trend line forming with resistance at 0.6460 on the hourly chart of AUD/USD at FXOpen.
AUD/USD Technical Analysis
On the hourly chart of AUD/USD at FXOpen, the pair struggled to clear the 0.6520 zone. The Aussie Dollar started a fresh decline below the 0.6500 support against the US Dollar.
The pair even settled below 0.6460 and the 50-hour simple moving average. There was a clear move below 0.6450. A low was formed at 0.6435 and the pair is now consolidating.
On the upside, an immediate resistance is near the 0.6460 level and the 23.6% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low.
The next major resistance is near the 0.6485 zone or the 50% Fib retracement level of the downward move from the 0.6537 swing high to the 0.6435 low, above which the price could rise toward 0.6515.
Any more gains might send the pair toward the 0.6535 resistance. A close above the 0.6535 level could trigger another steady increase in the near term. The next major resistance on the AUD/USD chart could be 0.6600.
On the downside, initial support is near the 0.6435 zone. The next support sits at 0.6410. If there is a downside break below 0.6410, the pair could extend its decline. The next support could be 0.6350. Any more losses might send the pair toward the 0.6320 support.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Bearish drop?The Aussie (AUD/USD) has rejected off the pivot, which acts as an overlap resistance and could potentially drop to the 1st support which is a pullback support.
Pivot: 0.6451
1st Support: 0.6392
1st Resistance: 0.6481
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
RBA Could Still Cut Despite Higher AU CPI: AU paid in focusToday I take a quick look at Australia's inflation figures and outline why I think the RBA could still cut in July, before moving on to charts for AUD/USD, AUD/NZD, EUR/AUD and AUD/JPY.
Matt Simpson, Market Analyst at City Index and Forex.com
AU BULLISH TREND Looking for support on daily bullish trendline, looking to see price respect the TL and for price to start looking for higher levels.
AUDUSD InsightHello to all our subscribers!
Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- U.S. President Trump stated that “he received reports that the EU has reached out to quickly schedule talks,” calling it “a positive development.”
- The Japanese yen strengthened as speculation grows that the Ministry of Finance may reduce the issuance of long-term government bonds.
- The U.S. CB Consumer Confidence Index came in at 98, significantly beating market expectations of 87.1.
Major Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Core PCE Price Index
AUDUSD Chart Analysis
The pair is currently showing limited movement between the 0.64000–0.65000 range, suggesting a wait-and-see market stance. However, as higher lows are being formed, a potential upward trend appears likely. The projected resistance level is around 0.69000. Unless the price breaks below the support line at 0.63000, we will continue to view the outlook as bullish.
AUDUSD Daily Squeeze – Breakout LoadingAUDUSD is pressing against descending trendline resistance, forming a bullish continuation wedge just above the 0.6420–0.6450 support zone (50% Fib level). Price has been consolidating tightly, suggesting a potential breakout setup is developing.
Key Levels:
Resistance: 0.6500 – 0.6547 (wedge top and 61.8% Fib)
Support: 0.6420 (local structure), 0.6300 (deeper demand zone)
Bullish Target: 0.6718 → 0.6900 → 0.6950
Invalidation: Daily close below 0.6410
Scenarios:
🔹 Bullish Breakout
Clean break above wedge resistance
Momentum push toward 0.6700–0.6900 zone
Confirmation = daily close above 0.6547 (Fib confluence)
🔹 Fakeout + Pullback
Temporary rejection leads to retest of 0.6420–0.6400
Holds support = high-probability long setup for second wave up
Outlook:
Bias: Bullish
AUDUSD is building bullish pressure after defending key support. Wedge structure favors breakout continuation, especially if global risk sentiment remains firm and USD softens.
AUD_USD LONG FROM RISING SUPPORT|
✅AUD_USD is trading along
The rising support line
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above 0.6460
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Time to buy some Aussie Dollars The weekly chart shows that the worst may be over for the Aussie dollars after suffering a huge sell down on 31/03/25, going down below 0.60, revisiting the low of 20/4/20 candle.
I am more in favour of catching the up or downtrend but not necessarily the beginning of it since that is more of a luck than skill, imo. So, with a good risk/reward ratio, the US dollar losing its value , people are dumping US bonds , spiking yields to 5% and possibly higher , it is ripe to go LONG on the Aussie dollars.
Best of luck and see you at 0.67 level.
As usual, please DYODD
