If the NZDUSD strengthens, this could push the AUDNZD lower, down to the 1.08 level. Looking for a reaction at that level, for a possible bounce/break.
I believe that the pair is neutral even though in the long term I am looking to buy. Reasons I am looking to buy in the long term. The 3 month and the monthly timeframe have broken above the previous notable high. This indicates that price is due to go upwards and that this massive retracement is so that price can go back and collect orders from a certain...
Technical Confluences for Trade: - Stochastics are close to Overbought Conditions on D1 and Overbought in both H1 and H4 time-frames - Price action is close to a Supply Zone - Price action is close to multiple Resistance Trendlines Suggested Trade: Entry @ Area of Interest 1.9270 - 1.9380 SL @ 1.9503 TP 1 @ 1.9017 (Close Half-Position & move SL to Entry level...
Here is our detailed technical review for EURAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The price is testing a key support 1.668. Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 1.682 level. P.S Overbought...
GBP/AUD is falling towards the pivot which acts as a pullback support and could bounce to the 1st resistance. Pivot: 1.93444 1st Support: 1.91604 1st Resistance: 1.95355 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...
AUD/CAD is rising towards te pivot nd could could reverse to the pullback support. Pivot: 0.90381 1st Support: -.89057 1st Resistance: 0.90834 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...
✅EUR_AUD has been falling recently And the pair seems locally oversold So as the pair has approached a horizontal support of 1.6700 Price growth is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPAUD - 24h expiry The primary trend remains bullish. A lower correction is expected. Price action has formed an expanding wedge formation. Preferred trade is to buy on dips. Bespoke support is located at 1.9475. We look to Buy at 1.9475 (stop at 1.9395) Our profit targets will be 1.9675 and 1.9715 Resistance: 1.9625 / 1.9690 / 1.9760 Support: 1.9475 /...
OANDA:AUDCAD The Weekly, Daily and 4H are bearish making my bias bearish. We have a rejection at Daily Resistance with entry based on a 4h bearish engulfing candlestick.
Hey Traders, in today's trading session we are monitoring AUDJPY for a selling opportunity around 94.900 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 94.900 support and resistance area. Trade safe, Joe.
Overall trend break of structure to upside. Expecting price to reach demand zone (1.95516) for liquidity grab. Targeting price to reach order block (1.97368) where there is imbalance.
My dear friends, GBPAUD looks like it will make a good move, and here are the details: The market is trading on 1.9595 pivot level. Bias - Bullish Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.9694 About Used Indicators: Pivot points are a...
the pair is moving downwards strongly and gave us this amazing down wave around the fib levels
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.
Hello, Friends! EUR-AUD uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 1.699 area still presents a good opportunity for us to sell the pair because the resistance line is nearby and the BB upper band is close which indicates the overbought state of the EUR/AUD pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello, Friends! The BB upper band is nearby so GBP-AUD is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 1.926. ✅LIKE AND COMMENT MY IDEAS✅
Here is why; Monthly; Price broke a major monthly region at 1.9970 and in the process has formed a higher high which shows that price is bullish. The long term monthly targets, I believe are 2.0375 However, that is not important for intraday trades Weekly; Price broke a major region at 1.9500 and it is yet to retest that region. I believe that...
AUDNZD price on zone, here new bearish push expecting TP: 1.08500 (100)