#GBPAUD: Big Move Worth +619 Pips in Making? Price have changed the characteristics and we also have witnessed that these characteristics will ultimately take the price to an another higher high resulting in us gaining a clear +619 pips move. You can use this chart for educational or bias purposes only. this is not a guaranteed price move by any means.
AUD (Australian Dollar)
EURAUD - 4hrs ( Sell Trade Target Range 200 PIP ) 🟢Pair Name : EUR/AUD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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🟢Key Technical / Direction ( Short )
Type : Mid Term Swing
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✅Bearish Break
1.64150 Area
Reasons
✅- Major Turn level / mid
✅- Visible Range lvn
✅- Head & Shoulder Pattern
✅- Fixed Range Lvn
✅- Day / week low
✅- Choch Zone
✅Bullish Reversal 1.62500 : 1.61500
AUD/CHF +100 Pips 0 Drawdown , New Entry Valid To Get 200 Pips !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.
#AUDJPY 4HAUD/JPY 4H Forecast: Sell Signal
Market Overview:
The AUD/JPY currency pair is currently exhibiting a downtrend on the 4-hour chart, characterized by lower highs and lower lows. This bearish momentum suggests that sellers are in control, creating potential opportunities for short positions.
Technical Indicators:
Moving Averages: The 50-period and 200-period moving averages are both sloping downward, reinforcing the downtrend.
RSI: The Relative Strength Index is trending below 50, indicating bearish momentum and the potential for further downside.
MACD: The MACD histogram is negative, and the MACD line remains below the signal line, confirming the bearish sentiment.
Key Levels:
Resistance: Look for resistance around recent highs, approximately 93.00, which could act as a potential entry point for sell orders.
Support: Key support levels are identified around 91.50. A break below this level could accelerate the downtrend.
Strategy:
Entry: Consider entering a sell position around the 93.00 resistance level or upon a confirmation of a break below the 91.50 support.
Stop Loss: Place a stop loss above the recent high (around 93.50) to manage risk.
Take Profit: Target the next support level at approximately 90.50 for potential profit taking.
Conclusion:
With the prevailing downtrend, technical indicators favor a bearish outlook for AUD/JPY. Monitor price action closely for opportunities to enter short positions while maintaining a disciplined risk management approach.
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
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.
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Stratos Markets Limited (www.fxcm.com):
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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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