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AUD (Australian Dollar)

AUDCHF: Bearish continuation - Will it reach 0.55190?OANDA:AUDCHF is trading within a well-defined descending channel, with price action respecting both the upper and lower boundaries. The recent rejection from the resistance zone suggests sellers are maintaining control, supporting a potential continuation of the downtrend. As long as the price remains below the resistance level and the channel's upper boundary holds, the bearish structure remains intact. A potential downside target is 0.55190, aligning with the lower boundary of the channel. A break and close below this level could signal further bearish momentum. However, a breakout above the resistance zone would invalidate the bearish scenario and may indicate a potential reversal or deeper pullback. Always confirm your setups and trade with solid risk management. Best of luck!
Short
by TrendDiva
1
EURAUD Bullish breakout retest? The EURAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios. Key Levels to Watch Resistance Levels: 1.6980, 1.7070, 1.7190 Support Levels: 16800, 1.6650, 1.6500 Bullish Scenario If EURAUD sustains price action above the 1.6800 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 1.6980, followed by 1.7070 and ultimately 1.7190 in the longer term. Bearish Scenario A failure to hold above 1.6800, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.6650, with further retracement potential toward 1.6500 over an extended timeframe. Conclusion EURAUD remains in a bullish structure, but price action around the 1.6800 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
2
EURAUD - Areas of Interest!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈EURAUD has been overall bullish, trading within the rising channel marked in green, however it is currently retesting the upper bound of the channel. Moreover, the red zone is a strong resistance zone. 📉 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance and upper blue trendline acting as a non-horizontal resistance. 📈 Moreover, as it retests the lower bound of the channel and blue support, I will be looking for longs. For now, we wait!⏱️ 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
by TheSignalyst
2
EURAUD Bullish Momentum in Play — Targeting 1.69500OANDA:EURAUD is trading within a well-defined ascending channel, with price action respecting both the upper and lower boundaries. The recent bounce off the midline suggests buyers are maintaining control, supporting a potential continuation of the uptrend. As long as the price remains above the support level and the channel's lower boundary holds, the bullish structure remains intact. A potential upside target is 1.69500, aligning with the upper boundary of the channel. A break and close above this level could signal further bullish momentum. However, a breakdown below the green support zone would invalidate the bullish scenario and may open the door for a deeper pullback. Remember, always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
3
GBPAUD Long Idea - 4H ChartGBPAUD is in a strong uptrend, breaking through key resistance levels and trading above the 200 EMA, confirming bullish momentum. The price is currently extended but may retest a key demand zone before continuing higher. Trade Setup: 🔹 Entry: Look for a pullback into the 2.0250 - 2.0300 demand zone. 🔹 Stop Loss: Below 2.0200, under the recent structure for safety. 🔹 Target: A potential push towards 2.0800 - 2.1000, the next major resistance area. 📈 Watch for: Bullish rejection wicks, engulfing patterns, or confirmation from lower timeframes before entering long. 🔔 Bullish trend remains intact! Manage risk and trade accordingly. 🚀 #GBPAUD #Forex #Trading #PriceAction #TechnicalAnalysis
Long
by SanchoAT
Bullish bounce?AUD/CAD is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which lines up with the 50% Fibonacci retracement. Pivot: 0.8956 1st Support: 0.8927 1st Resistance: 0.9015 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.
Long
by ICmarkets
EURAUD – Bullish Continuation Toward 1.68270OANDA:EURAUD is currently trading within an ascending channel, maintaining a strong bullish structure. The price has broken above a key resistance zone and may now be pulling back for a retest. This area previously acted as resistance and may now serve as support, aligning with a potential bullish continuation. If buyers confirm support at this level, the price is likely to move upward toward 1.68270, which aligns with the upper boundary of the channel. Conversely, a failure to hold support could signal a potential bearish shift. Traders should monitor for bullish confirmation signals, such as bullish engulfing candles, strong wicks rejecting the support zone, or increased buying volume, before considering long positions. Let me know your thoughts or any additional insights you might have! 🚀📈
Long
by DanieIM
1
GBPAUD - Bullish Continuation Toward 2.04040OANDA:GBPAUD has broken above a key resistance zone, which has now flipped to support, aligning with a potential bullish continuation. The recent retest of this level held successfully, indicating strong buyer interest and reinforcing the bullish outlook. With momentum favoring the upside, the next logical target is 2.04040, aligning with the upper boundary of the ascending channel. As long as the price remains above the support level, the bullish bias stays intact. If you agree with this analysis or have additional insights, feel free to share your thoughts here!
Long
by DanieIM
4
AUDCAD at Key Support Level – Potential Rebound to 0.89950OANDA:AUDCAD has reached a significant support zone, marked by previous price reactions and strong buying interest. This area has historically acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.89950 level, a logical target based on the recent market structure. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
1
EURAUD I Consider This Before Shorting Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Short
by BKTradingAcademy
3
"AUD/CAD: Will Bulls Defend Key Support?"🔹Technical Analysis of AUD/CAD (4H Chart) 🔹Market Overview: The AUD/CAD pair is currently trading at 0.90344, showing a minor decline of -0.20% in the latest session. The chart indicates a bullish outlook, contingent on price action respecting key support levels. 🔹Key Technical Levels: ▪️Buying Area: 0.9005 - 0.9030 (Highlighted in green) ▪️Demand Zone: 0.8940 - 0.8960 ▪️ 1st Target (Resistance): 0.90798 ▪️ 2nd Target (Resistance): 0.91361 🔹Trend Analysis: ▪️The price has been in an uptrend from its lows in January, forming higher highs and higher lows. ▪️ The 50-period moving average (red) and the 200-period moving average (blue) are converging, signaling potential support in the buying area. ▪️A retest of the buying zone (0.9005 - 0.9030) is expected before a possible upward continuation toward the 1st and 2nd targets. 🔹Market Sentiment & Trade Plan: ▪️Bullish Bias: If the price finds support in the buying zone and forms a bullish structure, it presents a buy opportunity with a target at 0.90798, followed by 0.91361. ▪️Bearish Risk: If the price breaks below the demand zone (0.8940), bearish momentum could extend further downward. 🔹Conclusion: Traders should watch for price action signals in the buying zone. A confirmed rejection could provide a strong buying opportunity, targeting higher resistance levels. However, a breakdown below the demand zone would invalidate the bullish bias. 😊Don't Forget To Hit The Like Button & Share Your Thoughts In Comments.
Long
by SOAM_PRO_TRADER
AUDCAD at Key Support Level – Rebound Toward 0.90000?OANDA:AUDCAD has reached a significant support zone, marked by prior price rejections and strong buying pressure. This area has historically acted as a key demand zone, indicating the potential for a pullback if buyers regain control. The current market structure suggests that if the price confirms a rejection from this support zone, there is a high likelihood of an upward move. I anticipate that if rejection occurs, the market may head higher toward the 0.90000 level, which represents a logical target within the current market structure. However, a break below this support level would invalidate the bullish bias and could lead to further declines. This setup reflects the potential for a retracement after an impulsive move, supported by the confluence of previous price behavior and the current structure. If you agree with this analysis or have additional insights, feel free to share your thoughts in the comments!
Long
by DanieIM
1
AUDJPY downtrend continuation The AUDJPY currency pair maintains a bearish sentiment, supported by a longer-term downtrend. Price action remains pressured, with a key swing low acting as an immediate resistance level. However, potential upside corrections could test key resistance areas before determining the next directional move. Key Levels to Watch Resistance Levels: 94.50, 95.50 (20 DMA), 96.80 (50 DMA) Support Levels: 92.70, 91.40, 90.20 Bearish Scenario If AUDJPY fails to break above the 94.50 resistance level, a renewed bearish rejection could trigger further downside momentum. A sustained move lower could expose key support levels at 92.70, followed by 91.40 and 90.20 over the longer timeframe. Given the prevailing downtrend, sellers may look for shorting opportunities on rallies toward resistance. Bullish Scenario A decisive breakout above 94.50, confirmed by a daily close, would weaken the bearish outlook and signal a potential reversal. If this occurs, AUDJPY could rally toward the next resistance at 95.50 (20 DMA), with further bullish momentum potentially extending toward 96.80 (50 DMA). Conclusion While AUDJPY remains in a broader downtrend, the 94.50 level is a crucial pivot point that will determine the next move. A rejection from this level would reaffirm bearish dominance, whereas a breakout above it could signal a shift toward a corrective bullish phase. Traders should monitor price action around key levels for confirmation before positioning. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
AUDCHF Long From SupportHello Traders In This Chart AUDCHF 4 HOURLY Forex Forecast By FOREX PLANET today AUDCHF analysis 👆 🟢This Chart includes AUDCHF market update) 🟢What is The Next Opportunity on AUDCHF 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
Long
by ForexMasters2000
GBPAUD Bullish breakout The GBPAUD currency pair maintains a bullish sentiment, supported by a longer-term uptrend. Recent price action has confirmed a breakout above a key level, but the possibility of a retracement remains, making it crucial to assess both bullish and bearish scenarios. Key Levels to Watch Resistance Levels: 2.030, 2.040, 2.056 Support Levels: 2.010, 1.9927, 1.9770, 1.9620 Bullish Scenario If GBPAUD sustains price action above the 2.010 breakout level, it could signal strong bullish momentum. A successful retest of this level as support may provide a foundation for further upside, with key resistance targets at 2.030, followed by 2.040 and ultimately 2.056 in the longer term. Bearish Scenario A failure to hold above 2.010, followed by a confirmed breakdown and daily close below this level, would weaken the bullish outlook. In this scenario, selling pressure could intensify, leading to downside targets at 1.9927, with further retracement potential toward 1.9770 and 1.9620 over an extended timeframe. Conclusion GBPAUD remains in a bullish structure, but price action around the 2.010 level will be critical in determining the next move. A strong hold above this level could reinforce further gains, while a breakdown below it may trigger deeper retracements. Traders should monitor key support and resistance levels closely for confirmation of the next directional move. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation