Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.91550 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91550 support and resistance area. Trade safe, Joe.
The AUD/JPY pair shows a strong bearish continuation pattern following yesterday's CPI data release. A Lower Low (LL) formed after the Higher Low (HL) breakout, with significant rejection at a key Resistance Area, aligning with the 38.2% Fibonacci Retracement Level. Analysis: Price Rejection at Resistance The rejection at the Resistance Area, coupled with the...
My dear subscribers, My technical analysis for EURAUD is below: The price is coiling around a solid key level - 1.6068 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6152 My Stop Loss - 1.6014 About Used Indicators: By the very...
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.
GBPAUDs rally post UK elections / Hawkish RBA has brought us a considerable retracement to create another lower high. BOE looks like easing may come relatively soon, much sooner than Aus. Likely short side entries may come into markets as traders pull gains off the table amid current market sentiment (long term). Shorts preferred.
GBP/AUD has reacted off the pivot and could drop to the pullback support. Pivot: 1.93431 1st Support: 1.92473 1st Resistance: 1.93909 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...
AUD/JPY has just reacted off the pivot and could potentially rise to the pullback resistance. Pivot: 104.87 1st Support: 103.96 1st Resistance: 105.90 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...
Hello,Traders! AUD-CHF is falling down And the pair is locally Oversold so after the Pair retests the rising Support below we will Be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
AUDCAD Trade Plan 🚀 🔻 Pattern Analysis: AUDCAD has formed a bearish reversal pattern (Head and Shoulders) along with bearish divergence, indicating a potential decline. 📉 Entry Point: Enter the trade at the current market price (CMP) of 0.92130. 🚨 Stop Loss (SL): Place the stop loss at 0.92648. 🎯 Take Profit (TP) Levels: TP 1: 0.91657 🎯 TP 2: 0.91096 🎯 🔧...
My dear friends, Please, find my technical outlook for AUDCHF below: The price is coiling around a solid key level - 0.5989 Bias - Bearish Technical Indicators: Pivot Points Lowanticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.6013 About Used Indicators: The pivot point itself is...
The AUDCHF pair is on the 3rd straight day of a strong short-term pull-back and just touched the 1D MA50 (blue trend-line) for the first time in almost 3 weeks. The long-term bullish trend remains intact though as the dominant structure is a 7-month Channel Up. As long as the 1D MA200 (orange trend-line) holds, we will remain bullish, targeting 0.62250 (+6.20%...
AUDCAD is trading in a strong bullish trend. The price has just tested a strong rising trend line on a daily. The market formed a double bottom pattern on an hourly time frame on that and violated its neckline. I think that the pair will keep growing. Next resistance - 0.923 ❤️Please, support my work with like, thank you!❤️
AUDCAD just broke the trendline now in a phase where possibilities are retest of trendline. High Probability that the uptrend will change in to Down trend.
Here is why; - Price has broken major weekly and daily regions without retracing. - Today price is at a major daily level at 1.9275 - Price has tested that region then it seems to have broken below a major 4H level at 1.9255. - The next major liquidity area is at 1.9220
AUD/CAD is falling towards the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.91753 Why we like it: There is an overlap support that lines up with the 38.2% Fibonacci retracement. Stop loss: 0.91495 Why we like it: There is an overlap support that is...
GBPAUD moving on a bullish trend, broke above structure and retested. looking for a continuation to the upside
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello Just saying theres a thing for those who understand .