we expect the pair will start bull back to reach the value area as good resistance level before rejection and back to bearish again as shown on the chart
GBPAUD started to rise and the price is reaching support area.I expect the price to go up to the resistance line
This pair looks like it has a huge retracement due this week before continuing for the short. Retracement may end in the 1.79129 zone before the short continues. If not, we'll keep going up to the next zone above for a fresh to test the last lower high. BULL TPs: • 1.78192 • 1.79129 • 1.80512 BEAR TPS: • 1.75881 • 1.75308 • 1.73815 • 1.72856
In AUDCHF, the price is in a range bound. However, it seems that a descending triangle is forming and also the price is above a support zone. But we cannot be positively sure of a downtrend until the support line 0.65000 breaks. We suggest opening sell trades if the 0.65000 support line broke down. But we cannot be precisely sure of a bearish movement until the...
GBPAUD - Looking bearish on hourly charts, Trading close to the resistance zone. My approach is a short sell position at current price 1.81015 Maintain stop loss around 1.81460 Potential downside target 1.80400 - 1.79900 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow...
After our last analysis on this pair we check what we expect next from AUDNZD pair. The price has been moving inside a descending channel. After breaking the resistance at 1.08300 price tested the support at 1.07800 and retest the upper structure. Recently the market created a spike till exactly the 0.618 fib level of the previous upper leg before going back over...
May as well grab some pips here with the bearish divergence on the hourly. Even if it’s just like 50% ish retracement. Trend might be overall bullish... only time will tell 🙃
AUDCAD on the daily chart hit and bounce over a weekly support. After an uptrend move the market couldnt make new highs and created a triple top before melting in 3 strong bearish day till the 0.618 fibonacci retracement of the previous leg. We can expect the price to retrace a bit for week closure, being today the last day of the week. IF the price will break and...
Since breaking out of the falling channel, we have formed a falling wedge formation with RSI Bullish divergence
EURAUD - Parallel channel break down is expected in this now, sign of clear weakness. My approach will be a Short sell position at current price 1.65300 Maintain Stop loss around 1.66000 Potential downside target 1.64200 - 1.63400 Follow the levels as mentioned. Traders, if you liked this idea hit the like button & write in the comment section. Why you...
BUY 0.70228 - 0.70584 Signal ID: 73432 Time Issued: Thursday, 24 September 2020 06:00:15 GMT Status: open Entry: 0.70228 - 0.70584 Limit: N/A Stop Loss: 0.69693 The Congestion Opportunities Strategy has just bought AUDUSD at 0.70406. The system recommends entering this trade at any price between 0.70228 and 0.70584. The signal was issued because the 28-hour...
1.65291 - 1.65769 Signal ID: 73429 Time Issued: Thursday, 24 September 2020 05:00:05 GMT Status: open Entry: 1.65291 - 1.65769 Limit: N/A Stop Loss: 1.66487 The Congestion Opportunities Strategy has just sold EURAUD at 1.6553. The system recommends entering this trade at any price between 1.65291 and 1.65769. The signal was issued because the 28-hour Relative...
AUDJPY is testing our downside confirmation at 74.67 where the 100% fib extension is. Price could reverse from here towards our 1st support. Take caution that Ichimoku signals that further downside could come.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
AUD/USD 🇦🇺 🇺🇸 on this daily chart hit the strong support. Both RSI and Stochastic lie in the deep oversold zone thus the price is expected to bounce. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section! Appreciate your time and good luck!😉
Mid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...
Mid-Term Forecast Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.635). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . EURAUD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a...