My dear friends, Please, find my technical outlook for EURAUD below: The instrument tests an important psychological level 1.6561. Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.6591 About Used Indicators: Super-trend indicator...
EUR/AUD is falling towards a potential breakout level and could drop through this level to fall lower. Sell entry is at 1.6543 which is a potential breakout level. Stop loss is at 1.6638 which is a level that sits above an overlap resistance. Take profit is at 1.6393 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin...
On the H4 chart the trend started on Aug. 06 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 0.5913 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
Take a look at our analysis for AUDCHF. Time Frame: 3h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.572. The above observations make me that the market will inevitably achieve 0.564 level. P.S We determine oversold/overbought condition with RSI...
EUR/AUD is falling towards the support level which is a pullback support and could bounce from this level to our take profit. Entry: 1.65058 Why we like it: There is a pullback support level. Stop loss: 1.63955 Why we like it: There is a pullback support level. Take profit: 1.67665 Why we like it: There is an overlap resistance level which aligns with the 38.2%...
Pair Name : AUD/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 0.90150 Area Reasons...
Following the pullback last week after a massive bearish momentum, I anticipate that the momentum will continue, as the price rebounded to the 0.236 fib level at . My target will be to retest the 0.382 fib level at 90.6, so as to also cover the liquidity grab / gap that was left earlier on. Entry will be at 96.00, TP at 90.5 and SL at 97.5.
Trading the Inflation Sandwich: What to Watch? US CPI inflation (Consumer Price Index). The CPI report is expected to confirm a continuation of the disinflationary trend observed in recent months. Analysts predict the annual inflation rate to edge down to 2.9%, while the core inflation rate is likely to decelerate to 3.2%. This ongoing cooling of inflation...
Hello,Traders! AUD-JPY is already making A local pullback from the Horizontal resistance of 97.673 And as the pair is locally Overbought we will be expecting A further move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! AUD-CHF went up and The pair is locally overbought So as the pair is retesting The horizontal resistance Of 0.5726 we will be Expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
OANDA:GBPAUD After the price reaches the specified level, Enter the SHORT deal with the Hammer candle or Ingulf candle signal Consider your risk management before entering a trade. This analysis is for informational purposes only and does not constitute investment advice. All consequences of using this signal are at your own risk.
Did couple of analysis on the coming week trading opportunity. First time doing this, let's see how it goes.
Here is our detailed technical review for AUDJPY. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The price is testing a key resistance 96.359. Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 95.678...
✅AUD_JPY price went up sharply But a strong resistance level was hit at 97.53 Thus, as a pullback is already happening And a move down towards the target shall follow at 95.73 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅GBP_AUD is going up Now after the retest of The horizontal support Of 1.9350 so we are locally Bullish biased and we will Be expecting a further Move up LONG🚀 ✅Like and subscribe to never miss a new idea!✅
This currency has been forming a rising flag for the past few days, which IMO is a strong indicator for a bullish momentum. Considering that it has retested the upper trend line, I do anticipate that this price might continue with the bearish momentum, testing the lower trendline. Entry price at 1.932, TP at 1.897 and SL at 1.958
Hello,Traders! GBP-AUD made a retest Of the horizontal support And has nicely rebounded Already so we will be Expecting a further Move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for GBPAUD below: The instrument tests an important psychological level 1.9388 Bias -Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.9585 Recommended Stop Loss - 1.9274 About Used...