In this video update, we take a look at the longer-term outlook for EURAUD and what could happen for the coming quarter. The quarterly close suggests we could see further downside occur into the key support zones around 1.5250. Looking at the daily timeframe we can see that price has broken out of consolidation, with price re-testing the structure. With price...
In this video update, we look at GBPAUD and the key highs and lows to be aware of in this particular market. The daily chart highlights the potential for this market to stay within the consolidation pattern despite price sitting at the key supply zone. If we do see a break of the lows we can look for further short opportunities. However, seasonally the GBP does...
In this video update, we take a look at AUDNZD as we expect this market to continue to move higher. Technically the market is currently consolidating on the 4hr timeframe. Ideally we would like price to head back towards the 1.0370 structure highs however, with price forming a bullish consolidation pattern we could expect a break higher. If the market breaks...
In this video update, we take a look at AUDNZD as price could be shifting trend. The reason being the NZDUSD price is sitting at resistance and the AUDUSD price is catching a bid with room to the upside. This could mean that price could change trend here especially with the AUDNZD price sitting at a key demand zone. The 4hr chart is showing us a change in trend...
In this video update, we take a look at GBPAUD as price continues to consolidate at the key resistance zone. The 4hr timeframe has formed a lower low and price could be forming a downtrend on this timeframe. A break below the current lows will confirm the bears are in control and that further downside is more likely to the 0.7300 demand zone.
BASED ON THE ANALYSIS PROVIDED, WE EXPECT BULLISH MOVE FOR THIS PAIR IN THE COMING WEEK
Cross of two trend lines, previous support turned resistance, 61% fib level.
GBPAUD hit targets from our telegram trade last week and price looks likely to move lower after the weekly candle formed a bearish rejection at the key resistance. the 4hr chart is starting to form lower lows and the previous structure lows offer a great area for a short opportunity.
In this video update, we take a look at GBPAUD and how the market could be forming a corrective move on the monthly chart with the price now back to key structure lows. If we see a bearish weekly rejection at this level we could see significant downside to come as previously highlighted. If price breaks higher above the 1.8800 zone our trade idea becomes invalid.
Position traders should look for a buy position because the market is looking bullish
In EUR/AUD pair there is this major resistance/support zone on weekly and daily chart. Price has break the ''ice zone'' on daily and is closed above the structure. If we get a retest on 1h - 4h chart between fib 38.2-50.0 levels, there would be equal move then to orginal trend on the zone's top.
Symbol: AUD.JPY - Australian Dollar / Japanese Yen Timeframe: Weekly, Daily and 4 hour Predicted Direction: Short AUD.JPY - Australian Dollar / Japanese Yen updates will be available in the comments section below.
GBPAUD (Sila LIKE sebagai tanda sokongan atas perkongsian analisa saya) Analisa Fundamental AUD Data keyakinan perniagaan - positif Data keyakinan pengguna - positif Perkembangan perang dagang USA-China - Positive GBP Ekonomi berkembang perlahan - negatif Data pengeluaran lemah - negatif Inflasi lemah - negatif Jualan retail meningkat - positif (...
In this video update, we take a look at the AUDJPY trade and how it is progressing. We took the trade in our telegram channel as the 4hr chart showed price failing at the previous structure highs. Trade remains valid with targets set at 2:1.
I'm short on AUDNZD from a higher time frame. The 2H picture is an amazing one that will test many, as there is an amazing level of horizontal resistance. My personal bias is for the south from a higher time frame. It would be interesting to see what the trading community thinks about this one. Do drop a few lines. :)
In this video update, we look at taking a lower risk trade on EURAUD. In the telegram channel we spoke of buying the daily high in anticipation of a breakout. With the short-term AUD strength price moved and formed a new daily low. However, that daily low comes in at a weekly 50% fib retracement where buyers may step back into the market.
In this video update, we take a look at AUDJPY and how it has been affected by the RBA governor Lowes statement. Tuesday saw the RBA hold interest rates at 1.5% however they downplayed the recent poor data in which boosted the AUD slightly. This was short lived as the RVA Governor stated they are still concerned by the housing and wages data that they are putting...
Understand what you are trading and your strategy. Don't just take action because someone said so. Sink or Swim. Martin Long and Short Zones Martin Support and Resistance Martin Trend Meter Martin Stochast Trend Martin Momentum Lines Martin Drop Coming Martin Rise Coming setup: 1. add martin trend bars, add martin S/R, add martin L/S zones to...