AUDJPYAUDJPY is trading is bullish parallel channel and currently trading at top of the channel which also acting as the resistance to pair. Will the bear take benefit from these confluences and push price to lower side?
AXY
AUDNZDAUDNZD is trading in bearish parallel channel.
Currently it is testing the lows of the channel, now will it head towards the highs ?
AUDJPYAUDJPY currently is in symmetrical triangle.
in which direction it will break first?
Share your thoughts.
AUDNZDAUDNZD is in long term bearish trend. And currently trading at strong area of value. The area is currently acting as a strong resistance along with the resistance from trend. Will AUDNZD continue its downward trajectory?
NZD/USD Fundamental + Technical Macroeconomic Update | 3.14.23On Wednesday, the S&P/ASX 200 Index increased by 0.8%, going above 7,060. This rise was due to an increase in technology and banking stocks, following similar trends on Wall Street. Investors are hopeful that the worst is over from the collapse of Silicon Valley Bank and Signature Bank. Additionally, a US inflation report that matched expectations calmed the market, with investors betting on a smaller interest rate hike by the Federal Reserve next week. However, recent data shows that Australian consumer sentiment remains at historic lows due to concerns about inflation, interest rates, and the broader economy. Business sentiment also dropped to a three-month low in February. The technology sector was led by Computershare, Block Inc, and Xero, while the "Big Four" banks (CBA, ANZ Group, Westpac, and NAB) also saw gains.
GBPAUD UP BEFORE THE DOWNGBPAUD in a down channel ever since the head and shoulders reversal pattern. partial down trend on the hourly has been broken and opens the door to test the main trend. i am looking for entries a bit higher to test support as highlighted
AXY (Australian Dollar) bullish We see a reversal pattern forming for the australian dollar. The main driver for this is china opening back up trades routes. Australia is a massive coal exporter and its biggest buyer was China who for some time now had not been doing business with Australia however this is now all changing as China look to green light the coal exports again.
Not only this but China in general starting trade schemes with the AUSSIES gives good room to fuel the AXY potentially
Audjpy sell positionAfter the arrival of the Australian dollar following the competition with the Japanese yen, which weakened greatly, it is time for a major correction until Fibonacci 0.5
AUDCAD shortI believe this would be a great setup if we reach and reverse from the top of the channel with a nice 4hr bearish candle. Please leave a like and let me know what you think in the comments.
EURAUD 3:1 short opportunityWith most DXY pairs in retrace mode this week I am more comfortable trading usual pairs like EURAUD for now and we've got a perfect entry here at the support of the channel and the stochastics which have been pretty profitable recently are back in overbought area. Let me know what you think in the comments
SPONSOR CANDLE SETUP AT AXYvery strong setup
I'm glad share this with you guys...
helped by priceaction and RTM & ICT METHODS & ORDERFLOW & SMARTMONEY CONCEPT and S&D METHODS
sincerely BEARBOURSE
AUD/CHF Long om the 30MAUD/CHF has hit support 0.68994 as well the rising support. We could expect further movement towards the upside. If it breaks through the resistance of 0.69325 then we could see a continuation to 0.69501.
AUD is still the stronger currency.
AUDUSD AUDCAD EURAUD GBPAUD : VERY IMPORTANT MOVEFX:AUDUSD
Hello traders. My eyes this week is on the Aussie's pairs, Why???
Okay, first Aussie dollar index is about to confirm a Head & Shoulders reversal pattern in the daily chart.
And what caught my attention, is the beautiful floating Island at the top what tells us to be ready for a trend reversal.
Traders, get ready for this move and stay tuned and make sure to follow us for updates. 🔥
Australian Dollar (At The Daily 618 Fib)The aussie looks like its ready to fall against most currencies. Im gonna try to find another buy entry on Eur/Aud , A sell on Aud/Usd , and a Buy on Eur/Nzd!
Im gonna trade them all at 0.01 or 0.02 and use a 100 to 150 pip stop loss.
I gained Hundreds of pips from the buy Thursday Night into Friday afternoon on Eur/Aud and Eur/Nzd and they both have bull hammer daily candles!
Weekly Trading Analysis 01.10.2020This is the weekly analysis of the Major Indexes.
From this analysis, we can form a high probability pairing of the currency pairs we should be trading.
AYX to 137AYX recently started a new impulse wave and completed wave 1. Currently, in wave 2, correcting wave 1.
Our target for wave 3 is 137.
Short AUDUSDThe pair is moving in a large ascending wedge, looking to short on break of formation with Fib levels as potential targets.
Short term it is hitting supply area @0.712, so possible to initiate first short positions there. GL!
