GBPAUD / 1D Greetings, traders! Welcome back to another market analysis. The GBPAUDpair has been following a consolidation, with the price indicating signs of weakness. This breakout suggests the possibility of further down-movement. I intend to consider entering a position at higher prices following confirmation of the lower time frame during the next pull-back...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Balance of buyers and sellers on the EURAUD pair, that is best felt when all the timeframes are analyzed properly is shifting in favor of the buyers, therefore is it only natural that we go long on the pair. ❤️ Please, support our work with like & comment! ❤️
My analysis shows that the EURAUD currency pair is currently at 1.66925 with a high probability of a sell (sell) trade. Strong resistance at 1.66925: The 1.66925 level forms a strong resistance zone with the convergence of several resistance levels. Forecast: EURAUD is expected to move down from the 1.66925 level. The first downside target is at...
OANDA:GBPAUD Pound to Australian Dollar: On the verge of falling off the top? My analysis shows that the GBP/AUD pair is currently in a risk zone after its recent rally, with a possible downside from the 1.95000 area. * Euro to Australian Dollar Correlation: There is a strong correlation between the Euro and the Australian Dollar. My scenario: * The...
(Long Term Position Trade) SLO @ 97.00 ⏳ SSO @ 96.66 ⏳ TP1 @ 90.00 (shaving 25%) TP2 @ 85.75 (shaving 25%) TP3 @ 79.50 (shaving 25%) TP4 @ 67.85 (closing ALL Sell Orders) BLO @ 66.15 ⏳ -SL 60.00 ADDITIONAL INFO: ✍️ If this 1W Curve Analysis holds, we are in for ONE BIG TREAT!!! 🔑 BLO = BUY LIMIT ORDER HTF = HIGH TIME FRAME SLO = SELL LIMIT ORDER SSO = SELL...
The GBPAUD pair gave us an excellent buy signal last time we looked at it (December 29 2023, see chart below), easily hitting our 1.9000 Target: This time we have a Sell Signal that the pair just flashed as it just broke today below the 1D MA200 (orange trend-line) for the first time since January 15. Last time that happened was on December 13 2023, when...
Preferred direction: BUY Comment: Our medium-term target for the AUDUSD currency pair has been achieved. However, the short-term outlook remains in favor of the buyer, and growth is expected towards the level of 0.66500 . There are assumptions that the main competitors of the US dollar will, for the most part, strengthen against the American before the ...
Preferred direction: BUY Comment: As expected earlier, the American currency began to adjust against its main competitors, but this does not apply to the Japanese yen . Here, as was said, the US dollar will most likely either trade at previous levels, or begin to grow altogether, as indicated on our chart. In general, both scenarios are relevant despite...
1) Price is in 1,64505 a strong PRZ. Strong Support tested many times in 2023 and 2024 2) Price close to Daily 200 EMA, it can bounce from there. 3) Price is in a range zone since jan. 2024
Preferred direction: BUY Comment: Medium-term long sentiment for the AUDUSD currency pair remains. At the moment, we have active scenarios. Let us recall that we considered two scenarios simultaneously, i.e. gradually accumulating a long position. There may be another update on local lows, but the medium term is still very confident for buyers. We are...
Possible EURAUD sell set up. If we have a clear break of structure to the downside we expect the price to push lower to clear the disequilibrium at the 1.60 price handle.
This is just a simple idea of what I think will happen for AUD/CAD tomorrow(04/04). I am not a financial advisor nor is this financial advice, TRADE AT YOUR OWN RISK. I feel as if price will test the PWH (0.88984). Pullback to the bullish FVG (Fair value gap) earlier to somewhere around 0.88587 & take off. I see it def clearing PWH(previous week high) after test...
AUD/CHF could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.59212 which is a pullback support. Stop loss is at 0.58500 which is a level that lies underneath a pullback support. Take profit is at 0.59943 which is a level that aligns with the 100.0% Fibonacci projection level. High Risk Investment...
Title: "Analyzing AUD/JPY: Inverse Head and Shoulders Formation with Bullish M Pattern on 4-Hour Chart" In the recent analysis of the AUD/JPY currency pair, a notable technical pattern has emerged on the 4-hour chart, presenting potential trading opportunities: 1. **Inverse Head and Shoulders Pattern (H&S):** - The chart displays an inverse head and shoulders...
Hello,Traders! AUD-NZD is trading in a Strong uptrend and the pair Is locally overbought So after the pair retest The horizontal resistance Level of 1.0942 we will Be expecting a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURAUD - 24h expiry The medium term bias remains bearish. Price action looks to be forming a top. The sequence for trading is lower lows and highs. Rallies should be capped by yesterday's high. Bespoke resistance is located at 1.6560. We look to Sell at 1.6560 (stop at 1.6596) Our profit targets will be 1.6470 and 1.6450 Resistance: 1.6560 / 1.6590 /...
OANDA:AUDCHF has given strong breakout on upside indicating potential bullish rally ahead. It has currently retraced to well over 50% fib. Can we go long on premium price levels ?