Our preference: long positions above 0.6885 with targets at 0.6985 & 0.7025 in extension. Alternative scenario: below 0.6885 look for further downside with 0.6850 & 0.6810 as targets.
Waiting for some news to come out, but this pair as NZDUSD should go up after this small pullbak.
We can see on the H4 and D1 chart that EURAUD has accumulated enough sell pressure to breakdown from the support line of the big descending wedge, with today's highs being rejected by the bottom of the wedge line, hence flipping it to resistance @ 1.65504 Now we take a look at the technicals - MACD going over into the red, deeply in the SELL zone - Sell volumes...
Price is facing bullish pressure from our ascending support line, 78.6% fibonacci extension and 50% fibonacci retracement where we could see a bounce to our resistance target. Stochastic is approaching support as well.
Price is facing bullish pressure from our ascending support line, 78.6% fibonacci extension and 50% fibonacci retracement where we could see a bounce to our resistance target. Stochastic is approaching support as well.
AUD/NZD has formed a cup and handle patter at a key zone and trendline. Looking for long positions.
The last forecast correctly predicted the direction of the price for GBP/AUD. Now the pair is about to land at the old Support zone , so the Downward trend continues.
seeing GBP/AUD heading short hard, it will need a good resistance level, i nice short entry if we see a confirmation #GBP/AUD leave a like & a comment .
Hi all, Another possible H&S on the monthly timeframe. Will keep you updated as soon as we reach levels. Keep an eye on this one.
Price is approaching support in line with 127.2% fiboancci extension and 61.8% retracement where we could see a bounce to our resistance level . Ichimoku cloud is showing signs of bullish pressure as well.
Price is approaching support in line with 127.2% fiboancci extension and 61.8% retracement where we could see a bounce to our resistance level. Ichimoku cloud is showing signs of bullish pressure as well.
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is close to its resistance. One can wait for confirmation. Let us know your views on this in the comment section. Thank you all. There is good...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the price is close to its resistance. One can wait for confirmation. Let us know your views on this in the comment section. Thank you all. There is good...
AUDNZD is reversing from the upper band of the channel and is likely to go a bit lower before it touched the lower band. 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 today's video useful in any way, please "like" this video and leave a comment on what currency...