Target: 0.7000 Risk: 0.7285 Technical reason: The bullish trend line is broken, and the price falls under the pressure of the exponential moving average 50 and 100, waiting for expected decline in the coming period, and the next target at 0.7000. The price stability below 0.7285 keeps the negative pressure valid
Price pullback to the previous strong support, now resistance. Also sits at a .618 fib retracement of a previous bearish swing. Not a bad spot to bet on a short and downtrend continuation. Dan
AUD/NZD have traded very well now, it may continue up. The move up had been strong, so I don't recommend to short yet. Better to buy on pullbacks if trading this pair right now. Otherwise wait for price to come to supply zone 1 or 2 before shorting.
I have abuy position open on aussi, liking the PA on this pair, we have failed to break this current level, 0.7886. lets see how it plays out
Looks like AUD/NZD want to move further down. I don't feel that it's right time to go short, not either long yet. I will wait and see if price goes down to trendline I have put in the chart. It can be nice place to look for long.
There is slightly irregular three soldiers formation on hourly chart. Weekly chart is revealing price range between the Aussie it trading for the last year( Range between 7170 and 7710) Bottom line was tested twice while the upper part was tested multiple times. It is clear that every time price reached bottom part of it and than moved very quickly towards north....
I see the Money Flow Index starting to make lower highs while the Aussie/Kiwi hasn't really followed it lower. This tells me volume is coming out of the strength, so this pair could revert lower.
Hello guys, this is my first idea on tradingview.com My first idea is for AUD/CAD So, before you open any short position wait for next retracement on 4H timeframe. Bears has shown more strength in last two weeks so downtrend should continue at least to support at 0.99828
Hay guys. I see a potential bounce up from fib 0.5 level and support line. I see even potential downside to 0.73400, where we have a major support. I will watch closely on what this pair want to do. Good luck everybody and trade smart.
Risk reward is good, price will retest the triangle breakout formation. Please leave feedback and criticism. Thank You
Euraud is in a buy zone and prices have been consolidating in this zone since mid October. i am expecting an up move and it is at a strong support. good r/r with potential over 300+ pips
here we have audusd. i am expecting prices to make some sort movement at the level its approaching. if we see prices break the resistance we could potentially see more uptrend. however on 4hr we see prices rising and we see a reaction at that level i will wait for the trend to break to go short.
prices are in a consolidation zone, i seen a good buying opportunity, lets goo
One of the trades i have on my watchlist is aussi cad.
sell ides. prices have broken the flag. 200, 50 ,20 EMA are crossing over, iverall bearish till it reaches support at 1.03450 area.