AUD/JPY could fall towards a swing-low support and potentially bounce off this level to climb higher. Buy entry is at 96.652 which is a swing-low support that aligns with the 100.0% Fibonacci projection level. Stop loss is at 96.00 which is a level that sits under a swing-low support and the 127.2% Fibonacci extension level. Take profit is at 97.748 which is a...
H4 - Bullish trend pattern. Higher highs. Currently it looks like a pullback is happening. Bullish hidden divergence followed by a potential continuing divergence. Until the two strong support zones hold my short term view remains bullish here.
My dear subscribers, EURAUD looks like it will make a good move, and here are the details: The market is trading on 1.6513 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.6535 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
It is fluctuating in the trading area of the lower time range, which can continue its movement with a pullback to the support area up to the ceiling of the trading range area. In one-hour and two-hour time, with the breaking of the current trading range area, it can continue its upward path up to the 1.90 area.
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.89000 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.89000 support and resistance area. Trade safe, Joe.
In today's trading session, our attention is on AUDNZD, with a keen interest in a buying opportunity around the 1.07900 zone. Having broken out of a downtrend, the pair is currently in a correction phase, edging closer to the retrace area at 1.07800 support and resistance. A potential target could be the monthly resistance at 1.08700. Now, delving into the...
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Here is our detailed technical review for AUDCHF. Time Frame: 7h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is trading around a solid horizontal structure 0.571. The above observations make me that the market will inevitably achieve 0.568 level. P.S Overbought describes a period of time where there has...
My dear friends, Please, find my technical outlook for AUDCAD below: The instrument tests an important psychological level 0.8852 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.8863 About Used Indicators: Super-trend indicator...
Preferred direction: SELL Comment: Previously, we considered a potential trade for this pair in terms of growth within the medium-term movement. This idea is relevant, but an update of local minima is expected in the near future. That is, a fall below 0.65200 is expected. Before the expected medium-term growth, the price will most likely touch the level of ...
Preferred direction: SELL Comment: This currency pair also most likely will not yet go into the same medium-term growth that we wrote about earlier this week (the same situation is with AUDUSD ). In the next 1-3 trading days, most likely the currency pair will sink further and update local lows. All events are currently taking place near the level of ...
Hello, traders, EUR-AUD is retesting a horizontal Support level of 1.6460 While trading in an uptrend So I think that we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Consider selling AUDCAD based on historical seasonality trends and anticipated positive monetary policy by the 2024 Federal Reserve head. Monitor seasonal patterns, economic indicators, and central bank communications. Exercise caution, implement risk management, and seek professional advice as trading carries inherent risks.
Hello traders! ‼️ This is my perspective on AUDJPY. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, but for now I expect we can see a retracement after price took buy side liquidity. My target is bullish order block around 96.500. Like, comment and subscribe to be in touch with my content!
the price created a pattern of double top and the neckline is broken so we can enter sell trade now
Here is our detailed technical review for EURAUD. Time Frame: 1h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.651. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.655 level. P.S Please, note that an...
My dear friends, Please, find my technical outlook for AUDJPY below: The price is coiling around a solid key level - 97.657 Bias - Bearish Technical Indicators: Pivot Points Highanticipates a potential price reversal. Super trend shows a clear sell, giving a perfect indicators' convergence. Goal - 96.905 Safe Stop Loss - 98.000 About Used Indicators: The...
the price has broken the weekly uptrend on the daily time frame, using the fib tool we can see the possible sell trade at the 71%,78% fib level