Hey Traders, in today’s trading session we are monitoring EURAUD for a selling opportunity around 1.68500 zone, EURAUD 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 1.68500 support and resistance zone. Trade safe, Joe.
GBPAUD is trading in a long - term bullish trend. After the price set a new high, it started a correctional movement. Bears are currently approaching a 4H intraday support. The price action on an hourly time frame looks very bullish to me. The price formed a double bottom pattern there and broke its neckline. I expect a bullish continuation to 1.4746 /...
Hey Traders, in today’s trading session we are monitoring AUDUSD for a buying opportunity around 0.64000 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.64000 support and resistance zone. Trade safe, Joe.
SLO @ 1.0800 ⏳ SSO @ 1.0780 ⏳ TP1 @ 1.0750 TP2 @ 1.0710 TP3 @ 1.0670 BLO @ 1.0600 ⏳ — I'm anticipating the possibility of a DT — Let's see if we can catch it
The AUDCAD pair followed our prediction on the last analysis we made a month ago (see chart below) and hit two targets on the way to the bottom of the long-term Channel Down: The price is now on the 2nd straight green 1D candle after a flat Friday, which was most likely the bottom reversal of the Channel Down. As the 1D RSI hit the bottom of its Rectangle...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.63800 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.63800 support zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDJPY for a buying opportunity around 92.400 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 92.400 support and resistance zone. Trade safe, Joe.
EUR/AUD Now its breaking liquidation area. Hello trader's it's Aahatemon I think eur/aud will move high,coz it's breaking the small box to the up side,which is liquidation grave zone.
The AUDJPY pair is on the 3rd day after a Double Top rejection on the 1D MA50 (blue trend-line). That was a Lower High at the top of 2-month Channel Down. This is a sell opportunity, as long as the price is closing 1D candles below the 1D MA50. Our target is a -3.68% decline (as the previous legs) at 91.450. You can more safely settle for the 1D MA200 (orange...
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.7 zone, EURAUD is approaching an important support and resistance zone at the 1.7 supply area so we will be watching the price action there. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDNZD for a selling opportunity around 1.08 zone, AUDNZD was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the trend at 1.08 support and resistance area. Trade safe, Joe.
Yesterday, during the live stream, a bearish flag was identified. As the price broke out, the AUDUSD fell to reach the 0.6430 price level. Currently, the AUDUSD has rebounded from yesterday's low, contributed by the climb on the NZDUSD and the weakness of the DXY. Initial consideration was for the AUDUSD to rise toward the 0.65 round number resistance level, on...
AUDUSD - 24h expiry We are trading at oversold extremes. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 0.6525 level....
When trading the AUD you’re essentially expressing a view on China. USDCNH has been on a one-way tear of late and has weighed on AUDUSD, reflecting poor China economics, concerns of a credit event, but also the comparative returns seen in US Treasuries (over China bonds). We’ve seen underperformance in Chinese equity and industrial metals. The AUDUSD daily...
GBPAUD posted a green weekly Heiken Ashi candle as well as a green daily Heiken Ashi candle on the daily that followed a red daily Heiken Ashi candle. This is the signal I look for to go long.
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.700 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.700 support and resistance zone. Trade safe, Joe.
EURAUD is currently in a correction, which appears to be a 335 FLAT correction. We've almost completed Wave B and we're looking to catch Wave C. We believe we'll see 5 waves down. Trade idea: - Watch for break of the ascending trendline - Enter on break - Stops above price once trendline breaks - Targets: 1.65 (450pips), 1.59 (1000pips) Goodluck and as always,...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.64000 zone zone, AUDUSD is approaching a significant support zone of 0.64000 zone. Trade safe, Joe.