AUDUSD Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We have spotted some consolidation at this high on AU with the trend clearly being overall very bullish. Ideally, we’re looking to continue with this bullish trend and enter long on a bullish break of this ascending triangle pattern. Look to enter long on a...
Hello there Weekly outlook on major pairs EU AU and GU Please press the Like button and comment below.
Hello there. Please press the like button and comment your ideas on below if u have any. I did analysis for the most pairs that i trade usually.
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1:We are definitely in a strong bullish trend on AU. Most likely this trend will continue so we will look for higher lows above 0.74000 for potential entries. Look to target higher toward 0.75000 Trade scenario 2: For us to consider AU bearish we would need to...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: Looking bullish on AU as we just broke resistance around 0.73000 and are now finding support. From here we’re looking for bullish setups to enter long on. Trade scenario 2: For us to consider AU bearish we would need to see a break back below support at...
AUD USD is coming to a well respected resistance zone, where on lower timeframes it has reacted with heavy bottom rejecting candles. additionally the fib shows price at my golden zone, further indicating a bearish move. SL and TP at previous supply and demand levels
AU looking to pull back before continuing short on higher timeframe trend
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking bearish on all timeframes and we recently broke support at 0.73000. Ideally, we will see price action retest 0.73000 and form a lower high with confirmations we can enter short on. Trade scenario 2: For us to consider AU bullish again we will...
AUDUSD Neutral Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: AUDUSD is back to bearish as we have broken lower into the range and formed a lower high. It’s likely price action will continue to range but if price action follows the overall trend we should see a strong continuation. For us to enter we ideally need to see a...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: The 4hour timeframe is now in a very strong bullish trend and looks like we could confirm a daily bullish trend as well if price action forms a higher low above 0.74000. Look for the higher low to confirm and enter on strong bullish setups. Look to target...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Higher timeframes are mainly bearish but the 4hour has been pushing up pretty hard. We can see that recent broken structure is around 0.73300, right where price action is pushing up to. From here if we’re going to continue with the overall bearish trend we need...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Definitely VERY bearish here on AU and we are also a bit over extended. Ideally, the best scenario would be to retest 0.72000 & our 38.2% fib level with a confirmed lower high that we can then enter short on. Look to target lower toward our monthly support...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Still looking very bearish here on AU but we can clearly see that price action is in a range just below major resistance around 0.74000. How price action reacts at this level will determine our potential movement for the week. Ideally we see price action...
Gold has rebounded from its recent low at 1677.686 USD. Currently it trades around 1750 USD. RSI reversed to the upside and crossed above 30 points on its way, showing bullish signs at the moment. MACD is flattening out. Stochastic oscillates in its lower area, although, it starts to show first signs of reversing to the upside similarly like RSI. First resistance...
Many people may feel perplexed about yesterday's selloff in gold when price halted its decline at 1677.686 USD (after 4 bn. USD sell order hit the market). At some point a spread between bid and ask reached more than 35 USD (mainly around yesterday's low). Upbeat economic data with decreasing unemployment point to the steady recovery and lay out path for future...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking bearish on AU overall and we are a few confirmations away from a great short scenario. Currently we’re looking for price action to present a lower high followed by strong bearish setups to enter on just below 0.73800. Trade scenario 2: For us to...
Good Harmonic pattern with good pips available to us, DXY weakness could stimulate strong growth here, after the news of Aussie we had earlier this week.
Key points have been marked up. prices are going to want to come down to take liquidity and continue to the upside. However, this is if conditions are met and if we get the buy signals we are looking for. Overall trend is still bullish.