My dear subscribers, This is my opinion on the GBPAUD next move: The instrument tests an important psychological level 1.8949 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 1.9044 About Used Indicators: On the subsequent day,...
Hello,Friends! AUD-CHF uptrend evident from the last 1W green candle makes short trades more risky, but the current set-up targeting 0.593 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 AUD/CHF pair. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are going long on the EUR/AUD with the target of 1.610 level, because the pair is oversold and will soon hit the support line below. We deduced the oversold condition from the price being near to the lower BB band. However, we should use low risk here because the 1W TF is red and gives us a counter-signal. ✅LIKE AND COMMENT MY IDEAS✅
. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
GBP/AUD is falling towards a support level which is an overlap support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 1.90141 Why we like it: There is an overlap support that aligns with the 23.6% Fibonacci retracement. Stop loss: 1.89863 Why we like it: There is a pullback support that lines up...
Hello,Traders! EUR-AUD is trading in a Downtrend and the pair Made a retest of the Key horizontal level Of 1.6159 and we are Already seeing a move Down so we will be expecting A bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
My dear friends, Please, find my technical outlook for AUDCHF below: The price is coiling around a solid key level - 0.6014 Bias - Bearish Technical Indicators: Pivot Points High anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.5979 Safe Stop Loss - 0.6040 About Used Indicators: The...
The EUR/AUD currency pair is presently trading within a defined range area. Technical indicators show that the price is in oversold conditions, suggesting that a rebound is likely. Our area of interest is the Demand zone, where we expect to see a significant price increase. This expectation is supported by the fact that institutional traders are holding major long...
My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.9134 Bias - Bearish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 0.9124 About Used Indicators: By the very nature of the...
Following our previous analysis, the GBP/AUD pair continues to reside within our identified area of attention, particularly around a key Demand area. This area has been filled, and the price has reacted with an initial reversal. Currently, the price hovers around 1.9015, a level of significant interest for several reasons. Firstly, the COT report reveals that a...
GBP/AUD has been trapped between a correction trendline and a support zone. Because of that the price moves back and forth in a tight range. If the price manages to break the correction line, this will lead the price into the 1.91 zone. Also, the price has completed a 5-wave impulse before, so any break above the correction line will start a new 5-wave impulse...
Bullish momentum brought by an exuberant Australian dollar against a bearish Canadian dollar. As always, rapid climbs leave many areas to fill, you could start from this point, or go looking for the maximums before a descent, this is why I have proposed two setups on the chart. Be careful.
The AUDJPY pair gave us an excellent short-term sell signal last time (May 23, see chart below) but after that broke above the medium-term Channel Up aggressively: We now need to zoom out to the longer term 1W time-frame, where we clearly see the dominant pattern of the pair, which has been a Channel Up since the March 16 2020 (COVID) market bottom. Each...
The Japanese government is currently enjoying the weaker yen, as it helps boost the economy. However, this is only a short-term solution, as eventually, people's anger about rapidly rising prices might overshadow that government's positivity. #audjpy EASYMARKETS:AUDJPY FX_IDC:AUDJPY Disclaimer: easyMarkets Account on TradingView allows you to combine...
Hello traders, Overall thesis long term for GBPAUD is short. However, price on the 4h timeframe has been forming higher highs indicating that price is going to collect orders t 1.9060 which is my target.
AUD/CAD has reacted off the pivot and could fall to the overlap support. Pivot: 0.91545 1st Support: 0.91123 1st Resistance: 0.91682 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/NZD is rising towards a resistance level which is an overlap resistance that lines up with the 88% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 1.09907 Why we like it: There is an overlap resistance level which aligns with the 88% Fibonacci retracement. Stop loss: 1.10273 Why we like it: There is a pullback...
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a strong bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 107.000. Like, comment and subscribe...