Take a look at our analysis for GBPAUD. Time Frame: 2h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.921. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way...
AUDJPY is approaching a key pullback support that aligns above a confluence of Fibonacci levels i.e. the 61.8% Fibonacci retracement and projection levels. Price could hit the buy entry at 93.361 and potentially reverse to bounce higher. Take profit is at 95.253 which is an overlap resistance that aligns under the 61.8% Fibonacci retracement level. Stop loss is...
AUDJPY is falling towards a swing-low support and could potentially reverse from here. We could see price bounce up to our take profit target. Entry: 93.297 Why we like it: There is a swing-low support that aligns with a confluence of Fibonacci levels i.e. the 61.8% retracement and projection levels Stop Loss: 92.271 Why we like it: There is an overlap support...
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EURAUD - Intraday - We look to Sell a break of 1.6450 (stop at 1.6505) Trading within the Channel formation. We look for price action to stay within the channel formation today. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return. A move through 1.6425 will confirm the...
I am expecting EURAUD down from this daily POI and also has rejection as it has made double top and having trendline rejection also
Hello,Traders! EUR-AUD wis retesting a Strong horizontal resistance Level of 1.655 from where I think we will see a local Bearish correction Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price is in a downward trend in 1 H time frame .. any up in price is a chance to enter the trend.. now is an excellent opportunity. Although it's in the middle of a trend, and I usually don't enter in the middle. Still, this one is a low risk .. with risk management, you can join it now .. and follow it down to wherever it goes .. remember to stop-trail .. and...
My dear subscribers , EUR/AUD looks like it will make a good move, and here are the details: The price is coiling around a solid key level - 1.64752 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Goal - 1.63511 Safe Stop Loss - 1.65461 About...
AUD-NZD was trading Below the falling resistance But now its broken and I think that we will see A further move up now!
AUD/CAD new wave after the retracemnet is grreat chance to sell after perfect bearish price action around the fib levels
EUR-AUD will soon hit A horizontal resistance level Of 1.65230 and I think that The pair is overbought So a bearish correction From the resistance is likely!
Analysis: Looking at the charts we can clearly see that price was in an upwards trend. We've seen price form higher highs and higher lows, until recently when we saw this trend change and price started to make a move to the downside. In our opinion price is still in a long term upwards trend, however the short term trend was to the downside, but we are actually...
GBPAUD - Classic bearish pattern - Our team expects fall SUGGESTED TRADE: Swing Trade Short GBPAUD Entry - 1.91910 Stop Loss - 1.92891 Take Profit - 1.90445 Our Risk - 1% ❤️ Please, support our work with like & comment! ❤️
It's been 2.5 months since we last traded AUDCAD, when it gave us a sell signal (see chart below) right at the top of its Channel Down for maximum gain: Right now, the pattern is getting wider and its new bearish leg to a new Lower Low may be starting as last Friday's inability to close above the 1D MA200 (orange trend-line) may result in a Lower High...
AUDCAD has formed double top with strong bearish divergence. Which is potential reversal pattern. Will these confluences put the pair in sell pressure.?
Inverse Head and Shoulders is clearly forming on the daily. We see additional indicators confirming upside. 7>21 and price is above 200MA - Bullish RSI>50 - Momentum is up. Target 1 will be at 1.7265 Below the Right Shoulder there is a Sell Side Liquidity Order Block. Smart Money buys into positions (and sweeps liquidity) from traders who are long (get...
Hey Traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.92400 zone, GBPAUD 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 1.92400 support and resistance zone. Trade safe, Joe.