OANDA:AUDNZD In coming weeks, we can see NZD bouncing back strong, AUDNZD remained bullish, however after looking at the behaviour of how price moved, we expect bears to engulf the trend. Please use accurate risk management to be successful in the market. Like our work? Please like and comment our ideas which will encourage us to bring you more ideas. Team Setupsfx_
The AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators. Key Technical Indicators Potential Reversal Zone (PRZ): Point D aligns with a significant Key...
✅GBP_AUD is trading in A downtrend and the pair Has formed a range pattern So IF we see a bearish breakout Then we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders, above is a technical overview on EURAUD and the most important zones to watch, we are watching EURAUD for a potential selling opportunity from the resistance area of 1.63100, We would also like to consider the current DXY weakness for potential dollar strength, the dollar is indirectly negatively correlated with AUD, when the dollar is weak stocks,...
Hey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.09400 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 1.09400 support and resistance area. Trade safe, Joe.
EUR/AUD has made a bullish reversal off a pullback support and could potentially climb higher from here. Buy entry is at market (1.6240). Stop loss is at 1.6200 which is a level that lies underneath a pullback support. Take profit is at 1.6342 which is a pullback resistance. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of...
EUR/AUD is falling towards a support level that lines up with the 78.6% Fibonacci projection and could bounce from this level to our take profit. Entry: 1.61539 Why we like it: There is a pullback support level which aligns with the 78.6% Fibonacci projection. Stop loss: 1.60030 Why we like it: There is an overlap support level which lines up with the 127.2%...
Preferred direction: BUY Comment: The end of the previous trading week was not in favor of the US dollar , which we were preparing for and talking about during the previous week. The beginning of this week will most likely maintain this bearish sentiment for the US dollar and a short-term strengthening is expected for its main competitors, at a...
Here is our detailed technical review for GBPAUD. Time Frame: 8h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is testing a major horizontal structure 1.895. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.881 level soon. P.S The term oversold refers to a...
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.64210 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the EUR and AUD exchange rates
AUDCHF has been on a significant bullish trend since breaking through a key level. I anticipate this pair will next target the major resistance around 0.61700. The bullish channel that has formed is critical, as the price action continues to hold within its upper and lower boundaries.
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9037 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.0899 About Used Indicators: For more efficient signals,...
GBPAUD Breakdown: #Timeframe Confirmation Hour: Downtrend Daily: Downtrend weekly: Downtrend #Perception We in a downtrend and looking to continue selling
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Last week's PA show as that likely pullback on Audnzd should be for shorts. Let's watch and be mindful of next week's Nzd rate news Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt...
The price of the currency pair is expected to start a downtrend after reaching the resistance level of 1.91512 Consider your risk management before entering a trade. Pay attention to economic news and events that may affect the GBP and AUD exchange rates
Hello,Friends! AUD/JPY pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 12H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 100.034...
Hello,Traders! GBP-AUD is trading in a Downtrend and the pair Is making a pullback from The horizontal resistance Of 1.905 and we will Be expecting a further Move down and a retest Of the support level below At around 1.891 Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!