Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9247). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.9247). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDSGD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support....
GBPAUD is still a sell from last week and continuing after GBP Claimant Count Change news took affect. TP: 1.8630-1.8600
🔸 4H CHART EXPLANATION: . . 🔸 Price is on an Uptrend. . 🔸 It has broken the Confluence Zone between the Descending Trendline and the Resistance Zone. . 🔸 We consider it has potential to reach the Resistance Zone. . 🔸 Will look for a lower timeframe bullish setup. 🔸DAILY CHART ANALYSIS:
AUDUSD Long Opportunity Buy Stop 0.6574 for conservative trade Thank you and have trading.
Hi, friends😉😉😉 I suggest you to follow the price of AUD/USD . Now the price is at an important level. Further movement can give us a lot of information and the opportunity for a successful entry into the transaction. Stay in touch💋 Your Rocket Bomb🚀💣
Long EURAUD Entry : 1.67280 Stop : 1.66650 Target : 1.67600 , 1.68 , 1.68600
Where would you enter your position? This is my technical analysis on this pair – applying a breakout strategy on the 4H timeframe. Only if all the rules of the strategy are met, will I enter a trade on this pair. Updates will be posted. #breakout #swing trading #forex
Price at Daily Resistance .Daily close above the Resistance is a good to long waiting for closing above resistance
Buyers made the completion of an ABC corrective sequence to end the move with today's NY session. Europe are now leaving their desks with defensive superiority at the 70.2x highs. Next comes a test of the lows as the next customary inventiveness of swings across risk markets enters into play. The promises of a vaccine any time soon sadly look like unicorns,...
CURRENTLY AT FIB 61.8 LEVEL, PRICE HAS BROKEN TRENDLINE TO THE DOWNSIDE, MY BIAS REMAINS LONG UNLESS WE CLOSE BELOW DAILY FIB 78.6,WITH DAILY CANDLE. WILL BE LOOKING FOR BUYS AROUND 78.6, UNLESS PRICE BREAKS ABOVE COUNTER TL AND RESPECTS NEAREST SUPPORT BEFORE REACHING MY ENTRY ZONE.
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!
retesting broken trendline on h4, also at fib 78.6.
Still trying to determine where this bull run will end, check out the chart here is one possibility.
Part 2: Here's the correlation chart for AUD/NZD. Interest rate differentials pretty much match the current spot price, so it's the Australian vs New Zealand stock market ratio that we're focusing on (blue line) The chart shows a strong divergence between the exchange rate and the AU/NZ stock markets, which hints at the possibility of a stronger NZD in the coming period.
Hi traders, here we have the AUDNZD pair, a pair that has been in a strong uptrend since mid March after China reported upbeat post-corona market reports and the RBNZ pointed at negative interest rates. Now, the pair is trading at an important resistance level and at the upper resistance of a bearish wedge pattern. The pair formed an indecisive doji candlestick...
I am actually looking to buy the pair if it goes back in its accumulation level, around 0.6450 - 0.6460. If price doesn't reach these levels, I will not buy the pair. Volume has been increasing and prior resistance was broken as well. My target is the next resistance @ 0.6490 - 0.6495 *** Trade at your own risk ***