Take a look at our analysis for AUDJPY. Time Frame: 4h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 98.373. 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...
AUD/CHF is currently at the support level which is an overlap support and could potentially rise to our take profit. Entry: 0.57488 Why we like it: There is an overlap support level. Stop loss: 0.56962 Why we like it: There is a pullback support that aligns with the 23.6% Fibonacci retracement. Take profit: 0.58174 Why we like it: There is a pullback resistance...
Hello,Traders! GBP-AUD is going down And the pair broke the Key horizontal level Of 1.9260 which is now A resistance, then went Down, made a pullback And a retest of the Resistance and is now Moving down again so We are bearish biased And we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring AUDNZD for a buying opportunity around 1.09400 zone, AUDNZD is an uptrend and currently is in a correction phase in which it is approaching the trend at 1.09400 support and resistance area. Trade safe, Joe.
My dear friends, My technical analysis for EURAUD is below: The market is trading on 1.6471 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6681 Recommended Stop Loss - 1.6347 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
My dear subscribers, This is my opinion on the AUDNZD next move: The instrument tests an important psychological level 1.1020 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.1010 About Used Indicators: On the subsequent day,...
Looking at the chart of AUDNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
Looking at the AUDNZD reacting to the 61.8% Fibonacci level (which also coincides with the bullish trendline) If the price rises back to the 1.0990 price level, this could bring the AUDNZD back within the range since August 14th
firstly we had an fvg from monthly chart where jul month candle has retested it on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up if so, the current running candle can...
Hello, Friends! AUD/CHF is trending up which is obvious from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a great trend following opportunity for a long trade from the support line below towards the supply level of...
EUR/AUD has reacted off the pivot and could drop to the 1st support which acts as a pullback support. Pivot: 1.65358 1st Support: 1.62714 1st Resistance: 1.67679 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...
AUD/CAD is reacting on the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as a pullback support. Pivot: 0.91810 1st Support: 0.91075 1st Resistance: 0.92467 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...
OANDA:GBPAUD has formed strong demand zone from where it has bounced multiple times. Currently, it is again trading at same support zone where we can expect a potential move up.
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current GBPAUD chart which, if analyzed properly, clearly points in the upward direction. ❤️ Please, support our work with like & comment! ❤️
Technical Confluences: - Price actions are now at Stochastic Overbought conditions in Daily, H4 and H1 - Price action is at the 78% Fibo retracement levels which also coincides with a Interest Zone Fundamental Confluences: - Both currencies are considered as commodity currencies and both currencies require strong commodity prices to prosper and it all comes down...
Hello, Friends! Previous week’s red candle means that for us the EUR/AUD pair is in the downtrend. And the current movement leg was also down but the support line will be hit soon and lower BB band proximity will signal an oversold condition so we will go for a counter-trend long trade with the target being at 1.663. ✅LIKE AND COMMENT MY IDEAS✅
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
AUD/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.91697 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement and the 161.8% Fibonacci...