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.
✅AUD_NZD is about to retest a key structure level 1.0940 Which implies a high likelihood of a move down As some market participants will be taking profit from long positions While others will find this price level to be good for selling So as usual we will have a chance to ride the wave of a bearish correction SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
This is what i am expecting EURAUD. let's see what will happen
Today, the RBA meeting spoke neutrally about AUD. Without any possible Hawkish scenarios, AUD is not bullish nor bearish either. But since USD is wiping every minor currency in the market, AUD has been affected too. Currently, We are bearish on AUD/CHF. Our technical view has been shown in the chart. If you like it then Support us by Like, Following, and...
My dear friends, Please, find my technical outlook for EURAUD below: The price is coiling around a solid key level - 1.6539 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.6574 Safe Stop Loss - 1.6517 About Used Indicators: The...
My dear followers, This is my opinion on the AUDJPY next move: The asset is approaching an important pivot point 98.553 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 98.441 About Used Indicators: For more efficient signals,...
The AUDNZD chart currently shows the formation of a XABCD Harmonic Shark Bearish Pattern, indicating a Potential Reversal Zone (PRZ). Additionally, there is a hidden bearish divergence, suggesting that the current uptrend is likely to reverse into a downtrend. Furthermore, on the daily chart, the price has just touched a strong daily resistance zone, which...
💵Pair Name EUR/AUD Time Frame : 12 hrs Scale Type : line chart + Candle Stick ------ 🔗 Key Technical / Direction ( Short ) Type : Mid Term Swing —————————— Bearish Break 1.65000 Area Reasons - Major Turn level / M - Choch Zone - Pattern / trend Break - D + w low Break - Engulfing Candle Break Bullish Reversal 1.63400 Area reasons - Major...
Hello,Friends! The BB upper band is nearby so AUD-CHF is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 0.579. ✅LIKE AND COMMENT MY IDEAS✅
Hello,Friends! We are targeting the 98.256 level area with our short trade on AUD/JPY which is based on the fact that the pair is overbought on the BB band scale and is also approaching a resistance line above thus going us a good entry option. ✅LIKE AND COMMENT MY IDEAS✅
Hey guys! Its your girl forex potatoe and its another week of trading, happy holidays Today we analyze our technical analysis for this pair and the reasons for my bias. Confluences: Head and shoulder Weekly, and daily bearish divergence downtrend on daily, 4H timeframe All these are strong confluences for why this pair in my opinion is going to drop right...
Preferred direction: BUY Comment: The New Zealand dollar almost completely copies the situation with the Australian dollar . Here, we also continue to adhere to buy-priority in the medium term. It should be noted that both of these currencies are currently having the best setup for buy among others majors, but even this does not exclude potential short-term...
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88300 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88300 support and resistance area. Trade safe, Joe.
AUDCHF has just broken out of its triangle and with the macro economic conditions we are seeing at the moment, AUDCHF should give us at least a short term retracement to its last higher low at 0.5840
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long position. I wait price to continue the retracement to fulfill the imbalance lower and then to reject from bullish order block + trendline + institutional big figure 98.000. Like, comment and...
AUDCAD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDCAD Entry Point - 0.8815 Stop Loss - 0.8796 Take Profit - 0.8865 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️