🔸 DAILY CHART ANALYSIS: . . 🔸Price broke the Descending Trendline. . 🔸Now, it is facing the Resistance Zone. . 🔸We consider that it has potential to make a short term downside move towards the Support Zone. . 🔸 Will look for a lower timeframe bearish setup.
GBPAUD is forming broadening pattern Price is based below key level at 1.8350 MACD shows bearish momentum It's expected for the continuation of bearish movement to target support levels 1.8138, 1.8010 respectively
EURAUD broke uptrendline Pair is based below HVN at level 1.6488 which indicates that pair is in distribution phase Below SMA 100 MACD shows bearish momentum RSI is below level 50 It's expected for coming bearish movement to target first key level at 1.6350 then finally target support level at 1.6230
Price is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found...
Price is facing bearish pressure from our 1st resistance, where we could see a further drop towards 1st support. Ichimoku cloud is also indicating more bearishness to come .
AUDNZD is unstoppable. the pair keeps growing like crazy, breaking multiple daily levels. big picture helps to identify the goal of buyers: on a weekly, the price is clearly trading within a wide horizontal trading range. 1.2 - 1.3 is its resistance and it looks like buyers will do everything to push the market to that target. only from that area, it would be...
Price is facing bearish pressure from our resistance where we could see a reversal below this level.
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7225). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (0.7225). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Here is AUDJPY path to 75.000. We need price to break and close bearish on the 4hr timeframe for this trade to be taken. Otherwise. price could try once more to go higher.
Wait for the retest of the trendline/resistance zone to go short.
Welcome to our weekly trade setup ( AUDUSD )! - 1 HOUR Very bearish price action and pressure towards previous lows. 4 HOUR Price broke and closed below main sr level. DAILY Expecting prices to drop further! - FOREX SWING SELL AUDUSD ENTRY LEVEL @ 0.71590 SL @ 0.71860 TP @ 0.71180 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different...
The pair is trading in a range with a bullish momentum, within the context of a larger daily support confluence and the bullish triangle. All that gives us a hint to expect a bullish breakout. However, the situation is complicated by the fact that the breakout up of the current range resistance will let the price out into the narrow red decision corridor,...
Price is approaching our first support in line with our 61.8% fibonacci retracement and the ascending trendline , where we could see a bounce above this level. Ichimoku is showing signs of bullish pressure as well. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found...
Hey, I am back with another idea this time looking at AUD/CAD which is in a Bear flag. Best possible entry for this flag would be 0.95600, with a tight stop loss as when this level gets broken more than by 10 pips, this would deny the pattern. On 15 min chart we can see that the price is trying to break the resistance of 600, but it's missing way more momentum...