EURAUD Simple Trade Plans IntradayThe EURAUD has reversed its near term upwards trajectory upon AUD news last night (employment up).
More employment means strength for the AUD as it typically does not help inflation lower. Having that said, we are nearing intraday setups between falls.
Longs preferred lower @.618 on displayed chart, coinciding with higher timeframe areas.
AUD (Australian Dollar)
7 Dimension Buy Signal For AUDJPY CORE Analysis Method: Smart Money Concepts
😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bullish with BOS
🟢 Swing Move: Corrective swing reaches the extreme POI.
🟢 Pull Back: Deep pull reaches the extreme POI, with a high chance of reversal.
🟢 Area: Discounted area with swing demand zone.
2️⃣ Patterns
Reversal: Double bottom.
🟢 CANDLE PATTERNS:
Multiple long wicks at the bottom.
Tower bottom reversal.
3️⃣ Volume
🟢 Volume during correction: Not significant, but shows high volume at the POI, indicating execution volume.
4️⃣ Momentum RSI
🟢 Zone: In strong bearish zone with proper range shift and multiple divergences.
🟢 Moves: Strong loud moves indicating significant bearish momentum at this point, suggesting this breakout might be the last support area for the uptrend.
5️⃣ Volatility Bollinger Bands
🟢 Expansion: About to end; before a breakout or reversal, price might enter a consolidation phase until confirmation.
🟢 Band Puncher: Indicates a short-term up move before cooling down some volatility.
6️⃣ Strength: Equal but slightly bullish without strong momentum.
7️⃣ Sentiment: Wait until breakout.
✔️ Entry Time Frame: M15
✅ Entry TF Structure: MSS
✔️ Entry Time POI: Filled
☑️ FIB Trigger event: Done
☑️ Trend line breakout: Yes
💡 Decision: BUY
🚀 Entry: 107.340
✋ Stop loss: 106.713
🎯 Take profit: 109.1
😊 Risk to reward Ratio: 3 RR
🕛 Expected Duration:
SUMMARY
The analysis identifies a bullish swing structure on the H4 time frame, marked by a Break of Structure (BOS) and a corrective swing reaching the extreme Point of Interest (POI). The deep pullback to the extreme POI, along with a discounted area and swing demand zone, suggests a high chance of reversal.
Reversal chart patterns, such as a double bottom, are noted along with multiple long wicks at the bottom, forming a tower bottom reversal. Volume analysis indicates that while volume during correction was not significant, high volume at the POI suggests execution volume.
Momentum RSI is in a strong bearish zone with proper range shifts and multiple divergences, indicating strong bearish momentum. However, this suggests that the current breakout might be the last support area for the uptrend.
Bollinger Bands show that the expansion is about to end, indicating a potential consolidation phase before a breakout or reversal. A band puncher pattern indicates a short-term up move before volatility cools down.
Strength is equal but slightly bullish without strong momentum. Sentiment advises waiting until a breakout. The entry time frame is M15, with the entry structure indicating MSS, and the POI is filled with the FIB trigger event and trend line breakout confirmed.
The decision is to buy at 107.340, with a stop loss at 106.713 and a take profit at 109.1, providing a 3:1 risk to reward ratio. The expected duration for this trade setup is to be determined based on market conditions and price behavior as outlined.
AUD/CHF BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are going short on the AUD/CHF with the target of 0.595 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
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AUDNZD Weekly Analysis and OutlookAUDNZD Weekly Analysis and Outlook
This week, the AUDNZD 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 bullish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful break above this resistance would likely confirm the continuation of the bullish trend.
Expectations and Potential Scenarios:
Upon breaking the resistance zone, we anticipate that the AUDNZD will continue its upward momentum. This breakout could open the door to higher levels, offering traders potential opportunities to capitalize on the bullish trend.
Primary Expectation: If the resistance is broken, the price is likely to sustain its upward movement, potentially targeting higher resistance levels. This scenario would reinforce the bullish outlook, making it a favorable environment for long positions.
Alternative Scenario: However, if the price encounters strong resistance and fails to break through, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at lower levels before resuming the upward trend.
Conclusion:
In summary, the AUDNZD pair is poised for further upward movement following its recent bullish phase. Traders should watch for a decisive break above the resistance zone, which could serve as a catalyst for continued gains. Maintaining awareness of both bullish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
EURAUD Weekly Analysis and OutlookEURAUD 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 bullish sentiment. As it approaches a key resistance zone, traders should closely monitor the price action. A successful break above this resistance would likely confirm the continuation of the bullish trend.
Expectations and Potential Scenarios:
Upon breaking the resistance zone, we anticipate that the EURAUD will continue its upward momentum. This breakout could open the door to higher levels, offering traders potential opportunities to capitalize on the bullish trend.
Primary Expectation: If the resistance is broken, the price is likely to sustain its upward movement, potentially targeting higher resistance levels. This scenario would reinforce the bullish outlook, making it a favorable environment for long positions.
Alternative Scenario: However, if the price encounters strong resistance and fails to break through, a temporary pullback could occur. Traders should be prepared for this scenario, as it might provide opportunities to reassess entry points at lower levels before resuming the upward trend.
Conclusion:
In summary, the EURAUD pair is poised for further upward movement following its recent bullish phase. Traders should watch for a decisive break above the resistance zone, which could serve as a catalyst for continued gains. Maintaining awareness of both bullish and corrective scenarios will be crucial for effective trading strategies. Stay updated with market developments and adjust your positions accordingly.
By Piptera Digital Solutions,
Invest Wisely!
Euraud needs clearing to go up
Hello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Needs this current area to clear on daily timeframe before it can head higher,more bias on it to go up though.
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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EURAUD Trading Opportunity! SELL!
My dear subscribers,
This is my opinion on the EURAUD next move:
The instrument tests an important psychological level 1.6268
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 1.6194
My Stop Loss - 1.6317
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
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WISH YOU ALL LUCK
EURAUD - Potential short !!Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here we are in a bearish market structure from daily timeframe perspective, so I look for short position. We can see here that price formed hidden divergence and may reject from trendline + liquidity zone. As well on H4 we have regular divergence, so I wait for a down closed candle below 1.62250 for a short.
Like, comment and subscribe to be in touch with my content!
Some Of My Entry Reasons , How I Made +2000 Pips Per Week ?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.
AUDCAD Sellers In Panic! BUY!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9181 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9215
Recommended Stop Loss - 0.9161
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUD/CHF BUYERS WILL DOMINATE THE MARKET|LONG
Hello, Friends!
It makes sense for us to go long on AUD/CHF right now from the support line below with the target of 0.602 because of the confluence of the two strong factors which are the general uptrend on the previous 1W candle and the oversold situation on the lower TF determined by it’s proximity to the lower BB band.
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AUDCAD Bearish Robbery plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
AUDCAD Bearish Robbery plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
AUD_JPY BULLISH REBOUND|LONG|
✅AUD_JPY was falling down
But then hit a nice horizontal
Support level of 104.640 from
Where we are seeing a bullish
Rebound so as the pair is
Trading the uptrend overall
We are locally bullish biased
And we will be expecting a
Further move up
LONG🚀
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AUDCAD: Bullish Stocks and Potential UpsidesHey 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.
Bearish Continuation in AUD/JPY with Strategic Entry & TP LevelsThe 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 38.2% Fib Level, suggests strong bearish pressure.
Bearish Continuation:
The LL formation post-HL breakout confirms a bearish trend. A break below 106.700 signals further downside potential.
Trading Strategy:
Entry
Enter at 106.700 on LL breakout.
Stop Loss
Place SL at 107.980, above the resistance.
Take Profit
TP-1: 105.420
TP-2: 104.140
Conclusion:
The technical indicators and price action confirm a bearish continuation. Enter at 106.700, with a stop loss at 107.980, targeting profits at 105.420 and 104.140 for an effective trading strategy.
EURAUD Trading Opportunity! BUY!
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 nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
GBP/AUD Giving Amazing Bearish P.A , Short Setup Valid !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 Simple Trade Plans For This WeekGBPAUDs 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.
Potential bearish drop?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 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.
Bullish rise?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 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.