Take a look at our analysis for AUDCHF. Time Frame: 1h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a key horizontal level 0.597. Considering the today's price action, probabilities will be high to see a movement to 0.595. P.S Please, note that an oversold/overbought condition can last for a...
Please, check our technical outlook for AUDCHF. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 0.597. 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...
✅AUD_CHF is retesting a key resistance level of 0.6000 So I think that the pair will make a pullback And go down to retest the demand level below at 0.5966 SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CAD made a strong Move up and the pair has Almost reached a horizontal Resistance of 0.9066 so As the pair is overbought We will be expecting A local bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_CAD is approaching a supply level of 0.9065 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Preferred direction: BUY Comment: Before the NFP , we adhere to the buy priority and scenarios that we've outlined at the beginning of the week. The likelihood of the US dollar's main competitors strengthening is high. However, we are talking more about short-term strengthening today. Over the longer term, the US dollar is likely to resume its global...
Preferred direction: BUY Comment: The outlook for the New Zealand dollar is the same as for the Australian dollar . In both cases, we are likely to see new local highs, but growth is limited, in the case of NZDUSD this is the level of 0.59857 . We are considering two options for the development of events. The most likely scenario is №1 , and scenario...
Preferred direction: BUY Comment: Before the Fed meeting on major currency pairs, a rather uncertain situation has developed, and the best option will most likely be to refrain from trades and make a decision on entry after the interest rate decision. However, the most likely scenario is in favor of buyers. At the moment, the best option would be to look for...
In the 1H time frame, due to the fact that he took an ascending guard and moved to the bottom area of the previous range, and this return can be considered as a pullback to the broken structure, and now by creating an OB in the specified area, it can create demand In return, move to the specified areas of supply areas. »»»«««»»»«««»»»««« Please support this idea...
AUD/CAD FX:AUDCAD has reached the 0.9000 psychological level. Also, we can see the price is completing an ABC correction. So today, the CAD data will determine the next move. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and...
The price has hit the downward trend line with the formation of AB=CD harmonic pattern and we see a negative divergence in the RSI indicator. It is expected that we will see the price drop in the first stage up to the range of 0.8910
Preferred direction: SELL Comment: Previous trading ideas for this currency pair worked perfectly, and, as expected, the resistance level of 1.64767 has stopped buyers. At the moment, the probability of resuming the downward movement is high. An increase towards 1.65500 is not excluded within the framework of scenario №2 . However, the more likely ...
Hello,Traders! EUR-AUD went down to Retest the rising support Line so we will be expecting A local bullish correction Towards the target above Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Friends! AUD/CHF 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...
GBPAUD - 24h expiry The medium term bias remains bearish. The sequence for trading is lower lows and highs. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9250. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9150 / 1.9250...
AUDNZD - Classic bearish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Sell AUDNZD Entry - 1.1015 Stop - 1.1049 Take - 1.0959 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AUDCAD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDCAD Entry Point - 0.8950 Stop Loss - 0.8972 Take Profit - 0.8909 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Hello,Friends! EUR/AUD is trending down which is obvious 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 classical trend following opportunity for a short trade from the resistance line above towards the demand...