The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64250 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.64250 support and resistance area.
Trade safe, Joe.
I believe the GBP/AUD pair remains a favorable buy. It appears to be severely oversold, and on the larger time frames, it continues to exhibit a bullish sentiment. Over the coming weeks, which may extend to a total of 3-5 weeks, we anticipate movement towards our targets. It's advisable to monitor this currency pair closely, as it presents substantial upside...
After price has been gaining bearish momentum, it formed liquidity to target at the bottom. It has now taken liquidity at the to and tapped into a previously established OB that it could use to change direction and continue its expansion downwards.
The AUDNZD pair has been neutral as of late, trading within a 1.073350 (Support) - 1.093250 (Symmetrical Resistance) range. The 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) have both been turned into pivots in a peculiar sideways pattern. As long as the Support holds, buy and target 1.091500. On the slightest break and 1D candle close below the...
Hello Traders,
Shorter term traders could sell around 0.6429.
We are waiting for a break below 0.6356 or over 0.6429 to determine the direction of the market!
Hello traders,
There is one entry and 2 TPs for Pound-Aussie
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
EURAUD has been overall bullish trading inside the rising channel in orange, and it is currently approaching the lower bound of the channel.
Moreover, the zone 1.63 is a strong support.
🏹 So the highlighted orange circle is a strong area to look for trend-following buy...
Expecting the recent retracement to continue at least to 0.586 support, just crossing the mid point of my descending channel.
Overall I'm still bearish on this pair (just), I am expecting the reversal at some point soon, either from here, or around the ATL marked on the chart.
I see AUD gaining in strength as China wakes up. There's a big interest rate decision...
Hey Traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.58800 zone, AUDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.58800 support and resistance area.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a selling opportunity around 0.87100 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87100 support and resistance area.
Trade safe, Joe.
The previous bullish drive and price resistance against supply from the area supported by the cloud and moving average could provide the potential for renewed growth.
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.64600 zone, AUDUSD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 0.64600 support and resistance zone.
Trade safe, Joe.
The AUDCAD pair has been trading within a Channel Down since the February 09 High, having failed to achieve any 1D candle closing above the 1D MA50 (blue trend-line) since July 26. The current price action resembles the start of the Channel Down. Based on symmetry, we have one last Lower Low to achieve and then we should be expecting a rebound to test the 1D MA50....
AUDUSD is registering huge net buy volume on the weekly data suggesting a shifting trend to the upside long term.
Higher lows on weekly histogram and pricing has been created cementing the current range as the new base for the series of price growth. It is now sitting at 61.8 FIB LEVELS -- an area where buyers converge.
Expect more upside valuation for the pair...
The price can retrace up to Fibonacci 61.8% before sustaining a break above the downtrend channel without consolidation.
Especially, the expectation of a rise below strengthens the AUD as a fundamental economic indicator. If the expected interest rate decision does not come out of the FED meeting as anticipated, and a somewhat moderate text is published, we may...
AUDUSD is trading inside a Channel Down pattern since the start of the year with the price consolidating at the moment on its bottom. Naturally, the 1D technical outlook is bearish (RSI = 41.632, MACD = -0.003, ADX = 25.040), under both the 1D MA50 and 1D MA200. The LL was made marginally over Fibonacci 2.0 extension, so there is a strong symmetry with the prior...
