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 ?
OANDA:AUDNZD AUD/NZD: Hunting Bears in the Land Down Under! Looking for a chance to snag some pips in the forex market? Take a trip Down Under and short the AUD/NZD at 1.09115 for a potential sweet reversal! AUD/NZD is forming a bearish It is reaching an important ZONE of resistance, ready to tumble! Remember: Watch out for the whales! Stay tuned for...
Overview: AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move. Key Levels: - Resistance: 0.88450 - Stop Loss: 0.88850 - Take Profit Targets: - TP-1: 0.88050 - TP-2: 0.87700 Analysis: - Bearish Bias: The probability of downward movement is high. - Entry: Consider short positions on a re-test of 0.88450. - Stop-Loss:...
If price breaks March high, we might re-test 98.350 area. I will be waiting for CHoCH confirmation. If we don't break March Asia high, price could go to daily OB 97.850 area.
Hola Ola Robbers, This is our Day Trade master plan to Heist Bearish side of GBPAUD Market. my dear Robbers U can enter at the any point below my entered area, Our target is green Zone. We can escape in the Target area. Be patient and Be careful.
AUDCHF - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short AUDCHF Entry Point - 0.5923 Stop Loss - 0.5949 Take Profit - 0.5869 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
Has been a while since we looked into the AUDNZD pair, following our Sell Signal on November 16 2023 (see chart below): The price has now reached the 1.093250 Symmetrical Resistance, which has basically only broken once in the last 12 months. Ahead of a potential 1D MACD Bearish Cross, we see a high resemblance of the current High with the June 20 2023...
AUDCHF is testing a Support area of 0.58060. Also, it's at the strong 4-hour trendline. We are expecting a trend continuation and our profit target will be the next Resistance zone of 0.58600.