On the Asian Sessions, we are looking for the continuation to the downside. If this does not occur then we would want to see a pullback to the 50% retracement of high. Big Picture View Strong: AUD Weak: EUR This trade is valid until 06/07/2020 @ 9 pm BST. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
The pair just broke a double support. I am taking advantage of GBP weakness and AUD strength and selling @ market price, targeting the next fib level. ***Trade at your own risk***
AUDJPY is in uptrend Price is based above key level at 74.40 Pair is based above HVN at 73.71 Above SMA 100 MACD shows bullish momentum RSI is above level 50 We r waiting price to exceed upper edge of ascending triangle to open long trade It's expected for bullish movement to target supply zone at level 76.75
Long : 74.620 Stop : 73.9 Target : 75.1 , 75.6 , 76
A strong continuation on a downtrend for EURAUD to sell throughout the day. TP: 1.628 or below
Could bore you with technical/fundamental analysis but going into end of week its really just all eyes on 1.80 as spoken about
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
EURAUD Short Direction: - Entered a Bearish Cycle on Tuesday (three days ago) on the H1, so I was looking to short off possible high points. - Just dropped to the first level of the cycle, so still needs to drop for minimum 1/2 more days. - On the H4 & H1 time-frame there is Bearish Momentum , as lower lows and lower highs are being made. Entry: - High held at...
Hi traders, here is my analysis on GBPAUD.
TF: 1 HR AUDUSD has been consolidating in a symmetrical wedge for a few weeks now, A breakout to the upside around this level could occur. If rejected, price may move to the bottom of the wedge were it could breakout lower. Something to keep in eye for the next trend. Some bearish divergence can be seen on the RSI that has been forming for a few weeks now. I...
Main items we can see on the chart: a) The price has broken an ascending trendline after finding resistance on a relevant supply zone b) After the Breakout, we saw a corrective Structure (ABC Pattern) c) Currently, we are observing a breakout of the ABC Pattern d) We expect a bearish movement towards the next Support zone e) We should be able to...
The market after hitting the recent low has now created a support area around 1.065. Price cut the ema 21 and now the bear pressure seem to break the structure and if the price will close the daily candle below we can set a nice short order according with our strategy. ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis , please comment below...
AUDJPY may starting a FIFTH and FINAL WAVE. Looks like ABCDE Pattern is complete. Targeting 79.5. See chart, also check prior chart for bigger picture. Good luck Traders!
GBPAUD Long Direction: - Just started a Bullish Cycle a day prior, so I was only looking to go long. - Both higher time-frame, H1 & H4 MBL started to point upwards, indicating trend was Bullish. - Other GBP's, which are correlated, were also in a Bullish Cycle. - Divergence on the H1 from the reversal, indicating a change from a Bearish to Bullish Trend. Entry:...
🔸 4H CHART EXPLANATION: . . 🔸 Price bounced at the Resistance Zone. . 🔸 It has also broken the Ascending Trendline. . 🔸 It has been consolidating for some weeks. We are waiting for a clear breakout of the consolidation before taking any position. . 🔸 Will look for a lower timeframe setup. 🔸 WEEKLY CHART ANALYSIS:
Price has broken and retested my trend line resistance. Waiting for entry to go long. lets see
No bias currently... below 1.80 price level would be bearish and id look London session for a sell entry but above 1.80 I could flip bullish if we get some weakness in equities and aud.. all eyes on 1.80 MQP current market price: 1.7950 (7:30 PM Tuesday Asian Session)
AUD/JPY ANALYSIS 6/30 Price action suggests bulls may have more strength we have a resistance to be tested i have marked this region before check it out below (I update my pairs frequently, NOT on tradingview) we may now see a re-test around this area before short swing potential TO STAY UPDATED REGARDING THIS PAIR... 🎇 ⬇ CHECK OUT BELOW ⬇ 🎇