Hello traders and investors, today we want to update SP500 and AUDUSD charts, as we see them finishing a correction and approaching strong and important support zone. As you can see on the left correlation chart between SP500 and AUDUSD pairs, always when Aussie finds the support, we see SP500 stabilization. Well, if we take a look on the right Aussie chart from...
On the Daily timeframe, the peak formation high ( PFH ) is at the highs of both March and April. On the other hand, the peak formation low ( PFL ) is currently the low of the week whereas the PFH is the high of the week. Narrowing down to the lower timeframe, yesterday the price created a breaker which is a clear indication of a change in order flow to bearish....
AUDJPY D1 Seen our 94.00 confluence zone wicked now, bit of a response on the D1 candle already, typically a pair that moves better during the eastern session. If we see a bearish D1, this could be something we look to take, hands are a little full at the moment with existing trades.
NZDJPY H4 Popped higher here yesterday, as we saw also on the AUDJPY chart above, sell zone for AUDJPY, but not really for NZDJPY. We have indicated expectations and requirements if you like, which we feel would grant us reasonable entry meeting our RR requirements.
The AUDCHF currency pair recently rejected the 0.70766 daily horizontal resistance level (according to the bearish harami candlestick pattern below the level), thereby presenting a 'sell' opportunity. A reward-to-risk ratio of 4.97 is possible as follows: Entry Price: 0.70437. Stop Price: 0.70806 (36.9 PIPS). Target Price: 0.68603 (183.4 PIPS).
✅AUD_CHF is set to retest a Strong resistance level above After trading in a local uptrend for some time Which makes a bearish pullback a likely scenario With the target being a local support below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! GBP-AUD broke the key horizontal level Which is now a resistance Which makes me bearish on the pair And I think that it will fall further down Onto the target level below Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Hello,Traders! AUD-USD was trading above the horizontal support And I was expecting a bullish correction Now finally we see my prediction come true With the opening wedge broken to the upside Thus my bias is confirmed and the further Move up is to be expected from the pair Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅After the retest of the of horizontal support It makes sense to expect a bullish correction As the GBP_AUD is oversold and the market players Will be taking profit from the level Fueling a buying wave LONG🚀 ✅Like and subscribe to never miss a new idea!✅
✅AUD_USD is approaching a demand level So according to our strategy We will be looking for the signs of the reversal in the trend To jump onto the bullish bandwagon just on time to get the best Risk reward ratio for us LONG🚀 ✅Like and subscribe to never miss a new idea!✅
AUDUSD D1 We haven't quite pinned into our 0.70 confluence zone yet, but dollar seems to be topping out ready for corrections, hopefully we are able to grab an entry on this pair on one more attempt to test that confluence zone of 0.70. Otherwise I feel lots of these ***USD pair may see some short term upside movements.
Trade Idea: Selling AUDCHF Reasoning: Reserve Bank of Australia surprises with a larger than expected rate hike Entry Level: 0.6943 Take Profit Level: 0.6823 Stop Loss: 0.6986 Risk/Reward: 2.81:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk...
Hello,Traders! AUD-USD is falling down and is about To retest a massive key horizontal support level From where a bullish rebound and move up Are likely to happen with the goal Of retesting the target level above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
AUDUSD has been moving in a wide horizontal range since 2021 autumn. The price has recently dropped from the resistance level of 0.7600 and is approaching to a support area of 0.7000. From 0.7000 level, we can observe that prices have many times bounced up by forming three strong daily bullish candles, immediately breaking and retesting the next resistance level...
AUDUSD D1 Something else for the watchlist this week, big 0.70 handle looking like a nice support zone to consider taking long positions, we haven't traded lower than this 0.70 handle for 1.5 years. Healthy corrections would see us trade back up towards that 0.72700 resistance price.
✅EUR_AUD is going up now And the pair has formed A bullish wedge pattern Then made a bullish breakout Which confirms by bullish bias And I believe we will see bullish continuation LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! EUR-AUD is trading in a local uptrend And the pair broke out of the bullish wedge After it retested the support cluster below Now, I am expecting a pullback And then a move up towards the target above Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
✅AUD_NZD has been growing recently And the pair seems locally overbought So as the pair is approaching a horizontal resistance Price decline is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅