Traders, Let's delve into the key zones for AUD/CAD: We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again. Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones. Additionally, we'll increase our volume around the lower 1-hour...
Hello,Friends! Previous week’s green candle means that for us the GBP/AUD 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 1.928. ✅LIKE AND COMMENT MY IDEAS✅
Preferred direction: BUY Comment: For the NZDUSD currency pair, both previous long scenarios are active. The considered target for growth is at the level of 0.62360 . Just like the AUDUSD currency pair, growth is expected mainly within today, but we do not exclude the possibility that the deal may last until tomorrow. Longer-term prospects for this...
Preferred direction: BUY Comment: The US dollar is in no particular hurry to recover, and especially if we are talking about AUDUSD . In addition to the Australian dollar, there are a number of interesting currency pairs for selling USD . Today we will look at short-term trade, mainly within the framework of intraday trading. We do not rule out that the...
According to the pinned analysis, we are waiting for the price correction to the desired ZONE for the short position, but the same correction can also be bought, so if you trade, control the risk because this purchase is only a correction. OANDA:AUDNZD BUY position can be taken in the specified ZONE There is no position before the ZONE
Weekly look at AUDCAD. Everything I see is three wave overlapping patterns. There are 3 distinct channels visible that all fit the narrative of an ongoing corrective move that maybe a WXY. Currently, I believe that we are in a wave B of wave Y.
AUDCAD shows bullish momentum on all TFs 8hs and lower (I´m not looking at minute charts). However, it is in my opinion trapped in between two (evtl 3 channels) as part of a bigger WXY. AUDCAD could have already finished the wave B of Y but I´ll give it more room to the upside to the 61.8 or 78.6 fib retracement before it continues down again. Two thresholds need...
Hello,Traders! AUD-CHF is now retesting A horizontal support level Of 0.5752 and its a strong Level so I think that we Will see a local bullish rebound Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
EURAUD - Classic bearish setup - Our team expects bearish continuation SUGGESTED TRADE: Swing Trade Short EURAUD Entry Point - 1.6587 Stop Loss - 1.6622 Take Profit - 1.6513 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
AUDCAD / 1D AUDCAD / 1D Hello Traders, welcome back to another market breakdown. AUDCAD has been trading inside a trading range with a bearish sentiment. Hence, I'm looking for short setups for the coming weeks. Checkout the chart for what kind of setup I would look to take. Trade safely, Trader leo.
Here is our detailed technical review for AUDJPY. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 98.650. Considering the today's price action, probabilities will be high to see a movement to 99.060. P.S The term oversold refers to a condition where an asset...
Please, check our technical outlook for EURAUD. Time Frame: 6h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.648. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.652 level. P.S Overbought describes a...
EURAUD FEB WEEK 5 OUTLOOK - Daily - Exactly same as last week. Long bias still alive till price is above the 1.64458 - 1.64001 zone. if price manages to get absorbed in this zone, I will look to go long. Origin - price has already escaped the entry area for me. but I will look to enter long upon pullback to zone 1.64947 - 1.64768 i.e. I will look for price to...
Hello,Traders! AUD-JPY is now trading Firmly above the horizontal Key level of 98.54 which is A support now and as the pair Is in the strong uptrend We will be expecting a Further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello,Traders! GBP-AUD has made a retest Of the horizontal resistance Level of 1.9330 from where We are already seeing a Bearish reaction so we will Be expecting bearish continuation Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅AUD_NZD keeps falling And the pair is already Making a pullback from the Horizontal resistance of 1.0603 So I think that the price Will move further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
I'm excited to share a trading setup on GBPAUD utilising the Sideway Bounce strategy. Here are the details: - Setup: Sideway Bounce Trading - Short Entry: 1.9324 - Long Entry: 1.9230 The Sideway Bounce strategy is a technique I've tested and traded since 2005, and I find it a comfortable and reliable approach. In this scenario, I'm considering a short position...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Pulling back for long ,could target 1.94 ,but do expect it to be choppy judging at its recent PA. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get...