SUMMARY In general, although there could be temporary buying interest due to specific moving averages and the VWMA, the prevalence of sell signals from longer-term averages indicates a significant bearish sentiment for the AUDCAD pair. FUNDAMENTALLY There could be a possibility of downward pressure on the AUDCAD pair as the CAD weakens and the AUD potentially...
AUD/CAD is rising towards the resistance level, a pullback resistance that lines up with the 38.2% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.90924 Why we like it: A pullback resistance level lines up with the 38.2% Fibonacci retracement. Stop loss: 0.91278 Why we like it: There is a pullback resistance...
Position based purely on technical analysis and market sentiment
Price rejects the order block area (OB) and close below this indicates a reversal. Initiate short positions partially from market price till the OB zone.
AUDCAD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long AUDCAD Entry - 0.9047 Sl - 0.9001 Tp - 0.9127 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
DAILY Bullish impulse: indication. Inverse Head & Shoulders pattern: confirmation. Clear support & resistance zone is there. = Buy limit.
Hello, Friends! GBP/AUD pair is in the uptrend because previous week’s candle is green, while the price is obviously rising on the 12H timeframe. And after the retest of the resistance line above I believe we will see a move down towards the target below at 1.930 because the pair overbought due to its proximity to the upper BB band and a bearish correction is...
Here I have AUD/JPY on the Daily Chart! Beginning in March of 2020 to what seems to be the new High @ 109.372 in July of 2024, we have seen the end of the 5th Wave of Elliot's Impulse Wave! With Prices steep decline to the new LOWER LOW @ 99.209, knocking out the Low of June and Testing the Low of May, these are the conditions needed for what could potentially...
Hey Everyone!! Here is my Weekend Analysis Round Up for Market Open!! 1) EUR/USD - Head & Shoulders Pattern w/Potential Bearish Wedge as Continuation Confirmation!! 2) AUD/JPY - Possible Correction Wave based off new LOWER LOW! 3) Doge - Stuck in a Pennant?!
Hello guys, welcome to another analysis, this time AUDCHF. As you can see if you look on the chart, price took out the daily low and seeing that makes me question one thing: Is this objective completed for the price? Very likely it can be. On the 15min we already got the flip in structure, so I would like to see buyers come into the market and push the price...
Based on the longer timeframe analysis I have done before, I do anticipate that this currency can continue with its bearish momentum. Let us wait for the price to retest the zone, so that we can have a clear entry position.
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a buying opportunity around 0.89 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89 support and resistance area. Trade safe, Joe.
✅GBP_AUD is making a Pullback to retest the horizontal Support of 1.9550 and as we Are bullish biased we will Be expecting a local Bullish rebound LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD is trading in an Uptrend and the pair Is making a local pullback But a horizontal support Of 1.9546 is ahead and After the retest we will be Expecting a local Bullish move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_AUD broke the Falling resistance line which Is now a support and we are Already seeing a bullish rebound Thus some further growth Is to be expected LONG🚀 ✅Like and subscribe to never miss a new idea!✅
EURAUD Weekly Analysis and Outlook This week, the EURAUD pair has shown a strong upward trajectory, closing in a bullish continuation phase. This upward momentum indicates a positive sentiment among traders, suggesting further potential for growth. Current Market Overview: The pair has been steadily moving upwards, supported by favorable market conditions and...
Hello,Traders! EUR-AUD is trading in an Uptrend and the pair Broke the falling resistance Which is now a support Then made a retest and Now we are already seeing A bullish rebound so we Will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 0.91000. Like, comment and subscribe to be in touch with my content!