Brexit uncertainty spirals back after the Bojo sad defeat on his plan. October 31 will be extended for a small-time period seem so and PM Johnson can blame the opposition for mucking up the schedule. The EU is in no hurry. Is it 10 days or 3 months? Who knows. Break below the horizontal trendline of the descending triangle should only consider the future...
The blue box might be an early entry on the cross which is around 1.6230-1.6200 region. However, I would prefer rejection occur at 1.6170-1.6180 level before Long. A price closure below this suggested buying price would send a signal that the Bear is trying to sink the price lower towards 1.6000-1.5900.
The Aussie is holding up a stable trade against the Kiwi in the past several sessions as the week starts. In the current formation, we will be watching 1.0715 and then 1.0700 for support, both below the 23.6 Fibonacci retracement. If the price sees a rise, then 1.0750 must be followed.
Hello my dear Forex friends and welcome to this Aussie/Dollar technical analysis & price prediction!
The possibility of easing in the ongoing US-Chinese trade war has propelled the AUD/USD to the previous crucial 68,5 to 69 Cent psychological S&R Zone. A reaction from the bears would be expected here, but be cautious: We could go into extremes before that...
I will post a visual link here later after I complete uploading the video in my channel which will be an in-depth analysis of why AUDUSD major pair will have a high probability of long bias throughout the week. Till then please give me some time and have an eye on this chart. Will comment here the link soon stay tune ;)
The Aussie gained a little bit of strength last week, pushing up and above prior price structure resistance we can see to the left of price.
I am looking for this bullish run to continue, but I want to enter on a retest of price structure support.
If we can get that in the form of a drawback and a good support candle form, then I'll look to get long.
Positioning around key price levels. What many traders call the premeditated aspect of trading.
Here we have three different long orders placed around Fib. levels that also happen to be confluent with other major price levels.
The tactical positioning of the orders can play a major role on the efficiency of each trade so you need to play out every...
Beginner too if you are able to use small size, a stop loss, and understand how this works, the idea behind it.
False breakout of the MA50 and if it goes a little higher possible SFP.
What is looking like a complete impulse wave has not been able to do better than retracing the ABC down.
There is some short term spiking, I think it is because of slightly...
Australian dollar formed some bearish tunnel. One more bearish movement looks possible.
Fundamentally, the employment change in Australia expected to be bearish.
Simple high Risk and reward potential trade.