Aussie
GBP-AUD Will Go Up! Buy!
Hello,Traders!
GBP-AUD is retesting a horizontal key level
Which was broken in a bullish move up
And tunred into a support level
The pair is trading in an uptrend
So this presents a classical trend follwing opportunity
With the target being the recent high
Buy!
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Overall bullish on GBP/AUDLooking for continuation bullish with possible retracements first down to the 50% , 62% Fibonacci levels , demand and QP levels as confluence. The pound is extremely strong as of now and has been for the past few weeks. We have strong fundamentals this week on both the British Pound and the Australian Dollar such as RBA Interest Rate, RBA Chart Pack, and BoE Interest Rate Decision. Long term bullish on G/A unless market specifies otherwise.
$AUDUSD - Interesting...AUDUSD - Daily
Pattern: Double Top/ Wedge
If it confirms being a double top or Wedge it shouldn't extend above the 50 EMA = 0.72020 areas. If it extends above, I expect the bulls to gain in control towards TL down and anywhere above would go towards key resistance areas of 0.72800 areas and perhaps towards 200 EMA. However, if we don't extend higher than 50 EMA both patterns are validated and key target areas of support are: 0.70710 & 0.70135
Fundamentals: We had AUD CPI strong fundamental data out of Aussie. However, I expect the market to be choppy until FOMC .
Trade safe.
Disclaimer: Not Financial Advice.
AUD-USD Long Form Support! Buy!
Hello,Traders!
AUD-USD went down from resistance
Just as I predicted in my analysis yesterday
Now the pair is retesting a massive
Daily key structure support level
From where a rebound and a bullish
Correction as possible with the
Target of retesting a local resistance above
Buy!
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AUD-JPY Will Keep Falling! Sell!
Hello,Traders!
AUD-JPY is trading in a local downtend
And the pair broke a key strucutre level
Which is now a resistace level
And after the retest of the resistance
We are seeing a bearish reaction
Which gives us sufficient grounds
For expecting the pair to keep falling down
Towards the horizontal support below
Sell!
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AUD-USD Small Short! Sell!
Hello,Traders!
AUD-USD is retesting a supply area
That is formed by the resistance cluster
Of the rising and horizontal resistance levels
Which makes me locally bearish and I think
That we will see a move down
Towards the horizontal support below
Sell!
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AUD/USD descending tendencyHello Traders
Here is a new SELL Scenario, a possible descending tendency
💹AUD/USD SELL STOP
✅ Entry @0.71400 - 71700 or below
✅TP-1# 0.71200
✅TP-2# 0.71000
✅TP-3# 0.70900
✅SL# 0.72400
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Good R to R and a normal probability is great! Short AUDCHF.
Moving averages are clear in the chart!
VWMA didn't play resistance role recently, however could help us indicating trend.
A strong impulsive wave broke the level and in pullback to it we can enter a short option!
You can hold some of your position open to 0.64179