in our last analysis We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us. Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team...
hello everyone.we are in uptrend in 1hr and we see that price took the liquidity here and after confirmation in small time frame we can open this long setup. R:R2:53 “”your follows and boosts encourage me to publish more analysis””
Conditions for a weaker US dollar have been ripe, with calls for the RBA’s rate to have peaked at 4.1%, deteriorating data from China and ‘higher for longer’ calls for the Fed. And with that, we have seen some outlandish calls for the Aussie to fall to 50 and even 40c. Perhaps those calls will turn out to be right. But the Aussie did not earn its name “the...
hello traders. in this setup we have CHOCH in 4hr and also in 1.so we can wait for confirmation around FVG area for our long entry. r:r 1.82 “”your follows and boosts encourage me to publish more analysis””
For me this week, my bias is telling me that AUD pairs will go long. It's like playing catch, AUD screaming go long to me. EA I am considering more to swing this, the resistance zone on the daily chart is evident. The charts don't lie, everything is in front of you. On top of that the fib levels across the daily are there. The Chart is gearing up to come down,...
Analysis: Looking at the charts we can see that price seems to not know where it wants to go. One minute it's heading to the upside and the next it's heading to the downside. This can make it quite hard to trade during these times but we see a setup occurring on this pair. Price recently has been heading to the downside however we are actually bullish on this...
Analysis: Looking at the chart we're able to see that price recently seemed pretty bullish and due to the news that came out for the USD last week it's had an affect on the AUD and we've since seem some AUD weakness, however we see a potential reversal happening soon. At this of area resistance we marked out we've seen that price has tagged this area before and...
Analysis: When we look at price action we've recently seen a strong rejection off of an area and price is making a move back down however we see this as a buying opportunity. If we look at price action before this rejection we can see that price did indeed form a higher high and a higher low showing us that we're in an upwards trend. This higher low hasn't yet...
Analysis: Looking at the chart we can see that we were in a strong downwards trend however at the start of June we were able to break out of this trend and put in a higher high which shows us that the bears have lost control of the market and the bulls are taking over. We have more confluence that price broke out of this downwards trend when we see that the...
Analysis: Looking at the chart and price action we can clearly see that price is in a downwards trend. We're forming lower lows and lower highs which confirms that we're in a downwards trend. Bearing this being in mind we're only looking for short setups. If we look at the previous lower low we have a strong area to enter from. Whys this? Well this area has held...
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AUDNZD will rise to the level as clearly stated on the chart. Please use proper money management and stop loss for your trades.
Hey traders, in today's trading session i'm are monitoring AUDUSD for a buying opportunity around 0.70449 zone, once I will receive any bullish confirmation the trade will be executed.
Following last weeks RBA news and the market confluences we saw #audjpy break out the bearish trend its been in since September 2022 with a short bull rally in October 2022 then retesting the 95.00 area before eventually dropping back down into the 92.00 area we are currently sitting near. Since breaking out the zone we have now had 3 daily candles attempt to...
GBP/AUD BEARS are getting stronger On currency strength charts, GBP is still weak; while AUD exhibits bullish pressure, positively correlated with Gold surging toward 1900 levels. If the neckline breaks and holds as a new resistance the 1.7 / 1.65 area is very possible =========== * If you like this idea please leave a comment so we can talk about it *...
This is just a technical analysis with no fundamental or upcoming economic events reviewed. View upcoming post of smaller time frames for full analysis and more trading ideas. Trade Types- -- Support & Resistance -- Following the trend *I will message any and everyone who follows me the overlays and sub indicators used to assist in concluding trade idea.
- Daily >> Price broke area of resistance at 0.68554 and pushing up to the 55 MA at a resistance level 0.69685 - 4 hour >> Price made a double bottom (bullish signal). Price broke resistance level at 0.68554 to make a new higher high and currently hitting the 200MA - 1 hour >> Price broke through 1st resis lvl at 0.68025 made a higher high and retested same resis...
Sell Limit: 1.11000 - 1.10900 Take Profits: 1.10400 - 1.10000 Risk/Reward Ratio: 2 Careful trading. Only trade ideas to assist you in your journey. Leave comments, message me for specific currency pairs, cryptocurrency, stocks, and global indices. CLICK LINK FOR 4HR ANALYSIS.