Preferred direction: SELL Comment: The market continues to hint at a likely strengthening of the American currency, and it should be noted that the AUDUSD currency pair is considered one of the best options for this. In the very near future, most likely this week, there will be an attempt by sellers to break through the support level of 0.66659. Here we...
GBPAUD is forging a consolidation as market participants try to decide on the potential. The level of 1.9015 is an important zone for the participants. Overcoming the boundary of the consolidation range will form an entry point for price movement in one or another direction Consolidation can lead to both ups and downs: 1) The market is testing a strong...
GBP/AUD is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target. Entry: 1.89459 Why we like it: There is a pullback support that aligns close to the 23.6% Fibonacci retracement level Stop Loss: 1.88988 Why we like it: There is a pullback support level Take Profit: 1.90679 Why we like it: There is...
AUDCAD has successfully executed a bullish breakout, breaching both the trendline and the formed triangle. Despite the presence of a bearish expanding channel, there is potential for a bullish reversal to the upside, supported by a well-confirmed breakout. Given the recent confirmation of the breakout, we anticipate a rally towards the most recent swing high on the pair.
This is my projection euraud, too many confluence in the market so I have marked price that there will be aggression for buyers but lets how tomorrow report will drive the market.
GBPAUD has recently seized liquidity above the prior higher high, resulting in a Change of Character (ChoCh) currently nested within the Fast Vertical Gaps (FVG) and Order Block (OB) responsible for the ChoCh on the 1-hour timeframe. Anticipating a downward momentum, we expect a continuation of the bearish trend towards the recent swing low.
Hello,Friends! EUR/AUD pair is trading in a local uptrend which we know by looking at the previous 1W candle which is green. On the 8H timeframe the pair is going up too. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is...
Hello,Friends! AUD/JPY pair is trading in a local uptrend which know by looking at the previous 1W candle which is green. On the 2H timeframe the pair is going down. The pair is oversold because the price is close to the lower band of the BB indicator. So we are looking to buy the pair with the lower BB line acting as support. The next target is 97.189 area....
+ 1.) weekly structure bearish 2.) daily major trendline 3.) daily divergence 4.) no bullish momentum on daily tf 5.) daily fib. level (0.618) 6.) changed 4h orderflow bearish 7.) building 4h liq. - 1.) 4h divergence against us 2.) gbp news 15:15 BOE (in 2hours) overall a good solid trade but with news it can be tricky
Here is our detailed technical review for EURAUD. Time Frame: 6h Current Trend: Bearish Sentiment: Overbought (based on 7-period RSI) Forecast: Bearish The market is approaching a significant resistance area 1.633. Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price...
✅AUD_JPY will be retesting a resistance level of 97.600 soon From where I am expecting a bearish reaction With the price going down but we need To wait for a reversal pattern to form Before entering the trade, so that we Get a higher success probability of the trade SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅GBP_AUD has reached a supply level of 1.9050 So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bearish bandwagon just on time to get the best Risk reward ratio for us SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
AUD/JPY is falling towards a pullback support and could potentially break under this level to drop lower. Sell entry is at 96.517 which is a potential breakout level. Stop loss is at 97.050 which is a level that sits above a pullback resistance. Take profit is at 95.836 which is a swing-low support that aligns close to the 78.6% Fibonacci projection level. ...
- AUD/JPY's continued downtrend reflects risk-off mood and strength in safe-haven currencies, falling 0.32% on Tuesday. - Market focus on upcoming US inflation data, with implications for Fed's rate path and broader market sentiment. - Technical analysis suggests neutral bias; key levels to watch include resistance at 97.00 and support at 96.14 and 96.00.
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.64200 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.64200 support and resistance area. Trade safe, Joe.
Analysis of the Australian dollar vs. Swiss franc currency pair This analysis is for daily and mid-term time frames The market is in a downward trend and is currently in the 5-wave range of the triangle, and the triangle line breaking down can continue to fall. Traders should pay attention to the number 0.57777!!! The most important and main resistance is...
My dear followers, I analysed this chart on EURAUD and concluded the following: The market is trading on 1.6325 pivot level. Bias - Bearish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation. Target - 1.6253 Safe Stop Loss - 1.6363 About Used Indicators: A super-trend indicator is plotted on either above or...