Idea No : 06 GBPAUD is facing 2 trendline resistance and is locked in between as we are moving into overbought conditions, i expect it to move lower and follow our given red arrow in a few days
EURAUD broke above a bearish trendline on h4, currently testing it and we expect a bull run soon from here
Price is currently reacting off a resistance level which is a pullback resistance that aligns with the 23.6% Fibonacci retracement and could fall to our take profit. Entry: 1.90535 Why we like it: There is a pullback resistance level which lines up with the 23.6% Fibonacci retracement. Stop loss: 1.91057 Why we like it: There is a pullback resistance level which...
**Monthly Chart** The monthly timeframe shows that EURAUD (Similar to EURNZD) moving into a range between a High 1.70800 and a low of 1.58500 levels. Last month candle closed as a bearish candle. This month's candle which is still active has moved lower and swipe liquidity below the swing low of Jan 2024. **Weekly Chart** EURAUD Last week's candle closed...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD 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...
OANDA:GBPAUD has broken a strong descending trendline indicating a potential bullish momentum ahead. As it has made a new high and currently retracing towards fib premium levels of 38-50%. We can look for buying opportunities at the confluence of fib and trendline retest.
Hello traders! ‼️ This is my perspective on AUDNZD. Technical analysis: Here we are in a 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. Fundamental news: Upcoming week on Wednesday we will see result of CPI...
Rising Wedge identified at 6/22 01:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 106.54 within the next 5 hours. Expiry Date/Time: 6/23 19:22
Hello,Friends! EUR/AUD is trending up which is clear from the green colour of the previous weekly candle. However, the price has locally plunged into the oversold territory. Which can be told from its proximity to the BB lower band. Which presents a classical trend following opportunity for a long trade from the support line below towards the supply level of...
GBPAUD - Classic bullish formation - Our team expects pullback SUGGESTED TRADE: Swing Trade Long GBPAUD Entry - 1.9030 Sl - 1.8960 Tp - 1.9149 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
✅AUD_CHF is about to retest a key structure level of 0.5975 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a...
Hello traders , This my idea for Long. AUDCAD Once 4H Candle Retest. I am ready to Long. this is my ideas only. what you are flow your trading statistics you can continue. If you need more my ideas follow me
My dear friends, My technical analysis for AUDNZD is below: The market is trading on 1.0868 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.0798 Recommended Stop Loss - 1.0916 About Used Indicators: A pivot point is a technical analysis indicator, or calculations,...
AUD/CHF is falling towards the pivot and could bounce to the overlap resistance. Pivot: 0.59186 1st Support: 0.58883 1st Resistance: 0.59720 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...
I think that AUDNZD may retrace from a key daily resistance. After its test, I spotted a breakout of a trend line of a rising wedge pattern on 1H. It gives us a strong intraday bearish confirmation. Goal - 1.086 ❤️Please, support my work with like, thank you!❤️
✅GBP_AUD is set to retest a Strong support level below at 1.8930 After trading in a local downtrend from some time Which makes a bullish rebound a likely scenario With the target being a local resistance above at 1.9063 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-NZD is trading in a Local uptrend and the pair Broke the key horizontal level Of 1.0851 and the breakout is Confirmed so we are locally Bullish biased and we will Be expecting a further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.61700 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.61700 support and resistance area. Trade safe, Joe.