Preferred direction: BUY Comment: The situation with the New Zealand dollar is as similar as possible to the situation with AUDUSD . The mid-term buy priority is very strong, and we are considering growth towards the levels of 0.60700 and 0.61000 . Most likely, there will be a renewal of the local minimum at the level of 0.59500 , but this will not in...
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 99.05, which is an overlap resistance that aligns with the 38.2% Fibo retracement. Our take profit will be at 98.21, a pullback support level. The stop loss will be placed at 99.87, which is a swing-high resistance level. High Risk Investment Warning Trading...
The AUDCAD pair is on a Lower Highs rejected and ahead of a Death Cross formation on the 1D time-frame. Since 2022, we have seen two Falling Wedge patterns, which accelerated selling after the completion of a 1D Death Cross. The first target on both occasions was the 1.236 Fibonacci extension. As a result, we are bearish on this pair, targeting 0.86500 (Fib 1.236...
Spotted a very clear triple bottom structure which indicates a potential rally with the breakout confirmation identified. Here we witness a healthy pullback which is likely to bring up a strong bullish sentiment ahead.
Hello,Traders! AUD-CAD is going down Currently and I think that The pair will fall further still But the long-term rising support Is ahead so after the retest I will be expecting a local Bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Shorts on AUDJPY based on the weekly, daily and 4 hour candle
Waiting for a break and retest of 0.88341 to short AUDCAD back to 4H swing lows at 0.87279 If you agree drop a like and if you have any questions leave a comment :)
On the 1H, Bearish fvg filled, short idea to swing low liquidity as tp
GBP-JPY - BULLISH Our ascending triangle was broken above, and now the previously resistance zone is confirmed as support zone.
AUDCAD - Classic bullish pattern - Our team expects retracement SUGGESTED TRADE: Swing Trade Buy AUDCAD Entry - 0.8815 Stop - 0.8794 Take - 0.8856 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AUD-JPY - Ascending Triangle Bullish on this chart, a break and confirmation above this level, open the door for the next resistance.
Getting to the good areas for the end of wave 5 Just an analysis that is likely to be wrong
Hey Traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.08500 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.08500 support and resistance area. Trade safe, Joe.
My dear friends, AUDCHF looks like it will make a good move, and here are the details: The market is trading on 0.5904 pivot level. 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 - 0.5861 About Used Indicators: Pivot points are a...
1. **Support and Demand Zone**: EUR/AUD is currently within a buying zone, specifically situated in a support and demand area spanning from 1.65560 to 1.65680. This suggests a region where buyers are likely to enter the market, indicating a favorable area for initiating long positions. 2. **Trader Sentiments**: The sentiment among traders for EUR/AUD reveals...
Hello,Friends! Previous week’s green candle means that for us the AUD/JPY pair is in the uptrend. And the current movement leg was also up but the resistance line will be hit soon and upper BB band proximity will signal an overbought condition so we will go for a counter-trend short trade with the target being at 96.612. ✅LIKE AND COMMENT MY IDEAS✅
The recent price action on the AUDCAD pair was keeping me on the fence, however, my bias is slowly but surely changing into the bearish one and I think we will see the price go down. ❤️ Please, support our work with like & comment! ❤️