AUD/NZD is falling towards a pullback support and could potentially bounce off this level to to climb higher. Buy entry is at 1.07541 which is a pullback support. Stop loss is at 1.07150 which is a level that sits below the 127.2% Fibonacci extension level. Take profit is at 1.08279 which is a pullback resistance that sits under the 78.6% Fibonacci retracement...
AUDCHF is currently descending from the lower high area of the channel, visible in both the 4-hour and daily charts. 📉 Expectations: Anticipate the pair to re-test key support levels as highlighted in the attached chart. 💡 Trading Strategy: This trade is grounded in a mix of technical analysis and candlestick patterns. It's a long-term position, so ensure...
#EURAUD UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #EURAUD. Traders, Anna is monitoring the Forex pair #EURAUD. EURAUD was in the strong down trend in the HTF and was following the proper trend line. Here we all can see that it breaks the trend line...
The AUDCHF pair is trading within a Triangle pattern since August with the 1D MA200 (orange trend-line) acting as the Resistance, having consecutive near rejections in December. If that breaks, we expect an aggressive bullish run towards Resistance 2, despite the presence of Resistance (0.952625). In that case, we will buy the break-out and target 0.61500 (just...
Hey guys! its your girl Forex Potatoe on the charts again and here is a breakdown of my analysis for AUDCAD. AUDCAD has been in a prolonged downtrend for a long time coming, Weekly and Daily Timeframe is currently in a downtrend with 4H in an uptrend. Since the longer term timeframe is downtrend and 4H in an uptrend(apparently having a pull back). We would be...
GBPAUD 4h resistance zone. I expect a rejection in this zone and a further move to the downside! Let me know what you think!
#AUDCHF UPDATE Hey Traders, Hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about #AUDCHF. Traders, Anna is monitoring the Forex pair #AUDCHF. Here we ll can see that in the daily time frame, this pair was in the strong down trend and then it breaks the trend line toward upside and now...
I'm looking for it to either brake it or make it! My outlook is bearish, but its still going to go up and down just trying to catch my pips and leave to trade another day. IF it brakes my SL just know that I'm getting on a buy. I'll keep yall updated!!!
GBP/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 1.87571 Why we like it: There is a pullback resistance that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 1.88102 Why we like it: There is a pullback resistance that aligns close to the 50.0%...
Compliment of the season everyone 👋, So today, my bias on OANDA:AUDJPY is bullish. From the 1HTF there's a channel like structure having it lower dynamic trendline intersecting with the support base. Price has responded to the lower trendline. I'm looking forward for price to test the support level again before going long on this Pair. If you found this...
The EURAUD pair has been trading within a Channel Down pattern since the August 17 2023 High. The price is now very close to the bottom (Lower Lows trend-line) of the pattern, which makes it a technical buy opportunity. As long as it is closing the 1D candle above the bottom, we will be bullish, targeting the top (Lower Highs trend-line) just above the 0.618...
In this video analysis, we closely examine the AUDJPY currency pair. We've identified a break below a prior low, indicating a downtrend. Considering the present weakness in the Australian dollar and the prevailing strength in the yen, I'm eyeing a potential selling opportunity. At the moment, the price has stretched significantly into a crucial support area. As...
AUDCAD is exhibiting a strong adherence to the supply zone established on the hourly timeframe, suggesting the formation of a potential double top pattern. This pattern indicates a bearish inclination, signaling the likelihood of a corrective leg in the near future. It is essential to monitor the price action closely for confirmation of a significant trend...
Waiting for a retest of 1.64521 to short EURAUD back to Daily swing low at 1.58935 If you agree drop a like and if you have any questions leave a comment :)
Hi traders Looking at this potential short here. I'm working off a short daily impulse that has previously hit the 61.8 Fib, we have had 3 rejections so far. Now we coming up for a retest of a 4hr 61.8 fib test. If we can see some bearish price behaviour I'll go short.
Waiting for a break and retest of 1.88600 to short GBPAUD back to Daily swing lows with 1st target at 1.85147 and 2nd target at 1.82745 If you agree drop a like and if you have any questions leave a comment :)
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...