The AUDCHF pair has just formed a Golden Cross on the 1D time-frame but even though it is theoretically a bullish structure, it hasn't historically behaved as such for this pair. We view its effect on the 1W time-frame in order to go as back in time as possible and get conclusions. In the past 10 years (since the May 2014 1D Golden Cross, which was bullish) there...
Last time we made a call on the EURAUD pair (January 02, see chart below), we caught the best buy entry right at the bottom of the former Channel Down that easily hit our 1.6600 Target: This time we are presented with a strong sell opportunity as the price just broke yesterday below the March 07 Support, making a new short-term Lower Low. This confirms the...
AUDCAD has approached the 4h supply zone created with the recent trend breakout identified. Here we expect to see a potential reversal back towards the trend line or previous OB following the selling pressure. This is expected to follow a retracement close to 38%-50% on the Fibonacci.
GBPAUD is rising towards a resistance level which aligns with the 50% and the 78.6% Fibonacci retracement and reverse from this level to our take profit Entry: 1.92761 Why we like it: There is a pullback resistance level which aligns with the 50% and the 78.6% Fibonacci retracement Stop loss: 1.94481 Why we like it: There is a pullback resistance level Take...
The Inflation Deflator has printed a double sell signal. Further confirmation is seen as Make That Money has also printed a sell signal in the same price range. This correlates with a retest of 4h supply zone. We should see a nice drop down to 0.8840
✅AUD_CAD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance of 0.895 Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! AUD-CHF keeps growing In an uptrend but the pair Will soon hit a horizontal Resistance level of 0.60009 And after the retest a bearish Correction is to be expected Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
price just broke out of a major zone after making a double top. on the 15 2 bar rejection was made. im expecting price to retrace the double top before making any move down.
Price was respecting Daily FVGs. Now look for buys around 97.850 (Daily OB) All depends if price will make CHoCH next week.
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...