Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
AUD/JPY is rising towards the pivot, which acts as a pullback resistance and could reverse to the 1st support. Pivot: 103.64 1st Support: 102.36 1st Resistance: 104.52 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all...
The Aussie (AUD/USD) is reacting off the pivot which has been identified as a pullback resistance and could potentially fall to the 1st support. Pivot: 0.6622 1st Support: 0.6586 1st Resistance: 0.6643 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and...
the GBP/AUD pair on the M30 timeframe presents a potential shorting opportunity due to the presence of a bearish pennant pattern. Potential Short Trade : Entry: Consider entering a short position (selling) below the broken support trendline of the pennant after confirmation. Ideally, this would be around 1.9000 or lower if the price continues to decline. Target...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone in blue. 🏹 Thus, the highlighted red circle...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65800 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65800 support and resistance area. Trade safe, Joe.
GBPAUD - Intraday - We look to Buy at 1.8925 (stop at 1.8875) Price action looks to be forming a bottom. Bullish divergence is expected to support prices. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Preferred trade is to buy on dips. Bespoke support is located at 1.8925. Our profit targets will be...
AUDUSD - 24h expiry The medium term bias remains bullish. The sequence for trading is higher highs and lows. Setbacks should be limited to yesterday's low. Bespoke support is located at 0.6575. Preferred trade is to buy on dips. We look to Buy at 0.6575 (stop at 0.6549) Our profit targets will be 0.6640 and 0.6650 Resistance: 0.6635 / 0.6665 /...
Trading Setup: There is a Trading Signal to Sell in AUDUSD Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now or Sell on 0.6634 ⭕️SL@ 0.6681 🔵TP1@ 0.6551 🔵TP2@ 0.6466 🔵TP3@ 0.6281 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
EURAUD has been in a downtrend but with Harmonics and a Bullish divergence in Play we can expect a Bullish Reversal from this point. Also AUD Interest staying the same AUD is currently in decline
The AUD/USD pair on the M30 timeframe presents a potential buying opportunity due to a recent breakout from a well-defined bullish pennant pattern. This breakout suggests a continuation of the prior uptrend and a higher likelihood of further gains in the coming hours. Key Points: Buy Entry: Consider entering a long position (buying) above the broken resistance...
AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term. Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge. Expect more upside valuation for the pair...
AUDNZD is displaying a prominent double top formation with a bearish divergence on the RSI. Pending RBA interest rate decision can be the catalyst for its reversal. Sentiments are also 97% short SHORT from break of LH.
AUD/JPY is rising toward a resistance level, which acts as a pullback resistance aligning with the 38.2% Fibonacci retracement. A rejection at this level could indicate a double top pattern, potentially leading to a price drop toward our take profit target. Entry: 101.961 Why we like it: There is a pullback resistance level which lines up with the 38.2% Fibonacci...
In anticipation of the forthcoming FOMC meeting, the AUDUSD currency pair is demonstrating a notable increase in value, defying the backdrop of data indicating a prevailing contraction in private business activity across Australia during March. Despite these domestic economic challenges, market attention remains focused on the Reserve Bank of Australia’s (RBA)...
Welcome Fellow Traders! Tech Analysis for the coming week + review of the current! Usually takes about 15-20 mins, sharing as much as possible, Stay Tuned! If you find the content useful to you, do follow me on trading view and give me a Rocket BOOST!
AUD/CAD FX:AUDCAD has reached the 0.9000 psychological level. Also, we can see the price is completing an ABC correction. So today, the CAD data will determine the next move. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and Sharing. Thanks For Reading Team Fortuna -RC (Disclaimer: Published ideas and...
GBPAUD - 24h expiry The medium term bias remains bearish. The sequence for trading is lower lows and highs. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9250. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9150 / 1.9250...