AUDUSD Short analysis. Based upon big boys involvement and strong moves.
GBPAUD - Short analysis. Watch closely on 15min tf for best possible entry.
AU is set for a long move up however, I am expecting one more push down before then. Price is in a key area. All indicators are pointing towards a sell from the 15min to the Daily. Just in case this is a fakeout to the downside, I am placing alerts at .7071 for the buy and .6987 for the sell.
After a 471 pip move to the downside, EN is set for a nice correction. The daily MACD shows the sell losing strength. The 4hr buy is losing strength as well. However, the 1hr just crossed for a buy and once it retests, we will enter. Both the 15min and the 1hr EMA's were broken but waiting on retest b4 entering.
UCAD is in a clear sell on the weekly timeframe. However, the daily MACD shows the moving averages touches with a possible crossover to the upside. The 4hr shows a slight move to the upside but closely approaching the 50EMA zone at 1.311. Will look to see what price does here. Will take long position if price breaks the EMA and retests. Also, divergence on...
GA is in an overall downtrend on the weekly timeframe. However, the daily and the 4hr show a nice 100+ corrective move to the upside. Look to enter around the 1.798 correction zone and take profit around the 1.812 zone.
GU is in a key reversal zone according to past price action (majority). However, last time price was in this area it made one more move down to the 1.24689 zone before reversing. Price broke the 1hr 50EMA and corrected for the buy but because of the violatility of this pair, I would wait until price reaches the 1.2755 zone before entering for the long-term buy. ...
Price finally broke the buy trend line. It gave us a strong sell impulse and correction is currently consolidating in the 'shoulders' zone. Looking for price to continue in the 'shoulders' zone with the a strong sell impulse any day now. Next two possible zones are 1.70331 and 1.67736.
UCAD is in a key zone. Look for a long position on proper reversal indicators. Price could push down once more to the 1.336 zone before reversing due to previous price action. Price has been respecting the 5min 50EMA on the sell, therefore wait for confirmation of buy with a strong impulse and correction. TP1=1.344; TP2=1.347
ACAD is in a key zone. Could see a break in either direction. The current long trend is still respecting the 50EMA on the 1hr and 4hr. If in a current long position, hold unless you see a strong short impulse with correction. (Correction could push down to the .382 fib which is the .932 zone.) Otherwise we are looking for the buy continuation to the .944 zone.