AUDNZD potential Buy setupRecommended trading levels:
Entry Level(Buy Limit): 1.08441
Stop Loss Level: 1.07469
Take Profit Level 1: 1.09413
Take Profit Level 2: 1.10385
Take Profit Level 3: You can ride, by trailing SL to new HLs.
Reasons for bullish bias:
- Bullish harmonic XABCD pattern
- Price broke strong resistance and took its support
- Entry at Fib 0.5 level
- DOW theory, price broke LH
- Bullish divergence
AUD (Australian Dollar)
EURAUD - Technical Analysis [Short Setup]🔹 EURAUD Analysis on 30M chart
- The current Trend is BEARISH
- There is no Bullish divergences
- Using trendline to take trade on HL
🔹 Trade Plan
- Entry Level = 1.64757
- Stop Loss = 1.11500
- TP1 = 1.64385
- TP2 = 1.64191
🔹 Risk Management
- First TP is 1:1
- Second TP is 1:2
🔹 How to Take Trade?
- Only risk 2% of your portfolio
- Take 1% risk entry with 1:1 RR
- Take 1% risk entry with 1:2 RR
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Falling towards pullback support?AUD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which is a pullback resistance.
Pivot: 95.59
1st Support: 94.20
1st Resistance: 97.52
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.
AUDCAD 1HR TF LOOKING BEARISH AFTER A LITTLE PUMP FROM HEREICMARKETS:AUDCAD should dip in our trade on the 1HR timeframe, if it does not pump from here then the trade is invalidated, otherwise if it does then we can enter in the resistance area (yellow line) and aim towards the FVG area as our target.
AUDNZD Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.08900 zone, AUDNZD was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.08900 support and resistance zone.
Trade safe, Joe.
AUDCHF My Opinion! SELL!
My dear followers,
I analysed this chart on AUDCHF and concluded the following:
The market is trading on 0.5723 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.5686
Safe Stop Loss - 0.5747
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
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WISH YOU ALL LUCK
AUDCAD Will Fall! Short!
Take a look at our analysis for AUDCAD.
Time Frame: 2h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 0.918.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 0.915 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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EURAUD Massive Long! BUY!
My dear friends,
EURAUD looks like it will make a good move, and here are the details:
The market is trading on 1.6445 pivot level.
Bias - Bullish
Technical Indicators: Supper Trend generates a clear Bullish signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 1.6507
About Used Indicators:
Pivot points are a great way to identify areas of support and resistance, but they work best when combined with other kinds of technical analysis
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WISH YOU ALL LUCK
AUD/JPY BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
AUD/JPY is trending down which is evident from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a beautiful trend following opportunity for a short trade from the resistance line above towards the demand level of 93.814.
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AUD/CAD Ready To Go Down Hard Now ,Let`s Sell It To Get 200 PipsThe Price at important res area that forced the price to go down hard last time , and also we have an amazing bearish price action , this amazing Shooting Star Candle , if we stay below the res for the next 2 days i think it will go down at least 100 pips , so let`s sell this pair and see what will happen .
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
#GBPAUD 4HGBP/AUD 4H Analysis: Sell Opportunity
Pattern Overview:
The GBP/AUD currency pair is currently exhibiting a clear downtrend on the 4-hour chart. This downtrend is characterized by a series of lower highs and lower lows, indicating sustained bearish momentum.
Technical Indicators:
Trend Analysis: The overall trend is downward, with recent price action consistently making lower peaks and troughs.
Support and Resistance: Key resistance levels are holding firm, while support levels have been broken, reinforcing the bearish outlook.
Moving Averages: Short-term moving averages are positioned below longer-term moving averages, confirming the downtrend.
Sell Opportunity:
Given the established downtrend, the market conditions suggest a strong sell opportunity. Traders should look for confirmation signals such as:
Breakout Points: A break below recent support levels can offer additional confirmation.
Momentum Indicators: Indicators like the RSI or MACD showing bearish signals can strengthen the sell thesis.
Forecast:
Based on the current analysis, the forecast leans towards further declines in the GBP/AUD pair. Traders should consider entering sell positions with appropriate risk management strategies, including stop-loss orders to mitigate potential reversals.
Summary:
The 4-hour chart for GBP/AUD suggests a continuation of the downtrend. With a pattern of lower highs and lows, and resistance holding firm, there is a compelling sell opportunity. Monitor for confirmation signals to optimize entry points and manage risk effectively.
AUD/JPY H1 | Heading into overlap resistanceAUD/JPY is rising towards an overlap resistance and could potentially reverse off this level to drop lower.
Sell entry is at 95.71 which is an overlap resistance that aligns close to the 38.2% Fibonacci retracement level.
Stop loss is at 97.00 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance.
Take profit is at 94.06 which is a swing-low support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 59% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
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GBPAUD long- Price on the 3 month timeframe is very bullish as there are consecutive higher highs.
- Price on the monthly is bullish as well since August's month candlestick broke above a high.
- With this in mind, we know that price is just collecting orders before we see a move upwards.
- My monthly targets would be at 2.0365
- Two weeks ago, the week's candlestick broke above the body closure of the previous major region at 1.9655. However, we can tell that orders were not enough to take price higher. That is why last week's candlestick ended up bearish.
- This tells me that price is simply collecting orders for a bullish move.
- On the daily, two things happened.
- First, price broke above a major liquidity region at 1.9590. After breaking the region, price never tested that level before going upwards. What this tells me is that wanted to go higher but was unable and hence, it went to the 1.9500 psychological level.
- We see that price took orders from the 1.9500 psychological as is evidence from the three pin pattern and double bottom on the 4 hour timeframe. If price breaks above yesterday's high at 1.9605, the next targets would be at 1.9635. The 4 hour target would be at 1.9620.
- As of now, I sit on my hands as I wait for price to head upwards
AUD/JPY Bullish Robbery Plan on Long sideHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist AUD/JPY Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
AUD/NZD Bank Money Heist Plan to make money take moneyHola ola My Dear,
Robbers / Money Makers & Losers,
This is our master plan to Heist AUD/NZD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Swing Low
Stop Loss : Recent Swing Low using 1h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.