✅EUR_AUD is about to retest a key structure level
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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Hello,Traders!
AUD-USD is going up now
But a key daily resistance level
Is ahead which makes me bearish
And I think that we will see
A local move down from the level
To retest the target level below
Sell!
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Hello,Traders!
GBP-AUD is trading in a downtrend
And the pair recently broke a horizontal support level
But now a key daily level is ahead of us
And I think that we will see a rebound
And a bullish correction from the support below
To retest the horizontal resistance above
Buy!
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Prior chart:
0.7500 has been met precisely from our previous breakdown on this pair. The next immediate upside target will be another 60 pips away siting at 0.7560 with still potential for higher prices heading into the final stage of this week.
The last time we broke down GBP/AUD was when it was trending north on the daily. Since then we have taken a huge plummet driving the trends down and prices back below 1.8000.
1.7500 looks like a comfortable 100+ pip landing spot with more potential for heavy downside movements.
As of right now there is very little upside opportunity and we would advise traders...
✅GBP_AUD is going down to retest a horizontal support
Which makes me locally bullish biased
And I think that we will see a rebound
And a move up from the level
Towards the target above
LONG🚀
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EURAUD Euro Aussie in my opinion the euro aussie will go higher it's time for it to consolidate and fly up to 1.500 and 1.52500 and beyond. This is 4h timeframe it is possible that it could eat a lot of patience and eventually go higher into the targets but requires a lot of patience. what is also likely is that it could drop further down where the market will...
✅AUD_JPY 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🔥
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Hello,Trader!
AUD-JPY is trading in an uptrend
And the pair went up sharply after
It broke a kye horizontal level
But a strong horizontla resistance level is ahead
And given the fact that the pair is locally oversold
I think we will see a bearish correction from the level
And a retest of the support below
Sell!
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✅AUD_CHF has reached a supply level
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🔥
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Recently we have seen the pairs move very volatile over the past days. A lot of pound weakness and many markets taking a harsh hit.
AUD/USD has seen a steady move higher over the past few days which looks like it will be taking this pair up to 0.7500 (90 pips) into next week.
We will be bring more updates when we see either interesting potential movements or...
We can see GBPAUD has not been able to break the daily support line. when it touches the support line, there is always a price spike. On smaller timeframes we can find diagonal resistance. Of course if it breaks, there is a possibility that the price will fly higher!
Hello,Traders!
GBP-AUD went down juast as I predicted
In my previous analysis
And now we are seeing that the pair
Will soon retest a horizontal support level
Which is a key level on 1D timeframe
So I think that a local rebound will follow
With the local target above
Buy!
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✅AUD_JPY is going up currently
And the pair broke the key structure level
Which is now a support, and after the pullback
And the retest, I think the price will go up
LONG🚀
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Hello,Traders!
GBP-AUD is retesting the resistance level again
And there is a high probability
Of a local move down
With the target being nearby
Sell!
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AUD
FUNDAMENTAL BIAS: WEAK BULLISH
1. Monetary Policy
At their March meeting, the bank didn’t do much to surprise markets and stuck to a similar script compared to the previous meeting, with the exception of adding the Russia/Ukraine war as a major new source of uncertainty. While Unemployment is at 4.2% and expected to be below 4% throughout 2023, and with...
hello traders,
as we see it's counterpart - gold - losing steam,
we can see a turn-around in pound aussie pair.
also usd bullish strength will help this pair.
we also see economic news for aussie - rba meeting minutes which can impact this pair.
mar 14th - 20th aiming for $1.81 or above.
OANDA:GBPAUD
✅AUD_JPY will be retesting a resistance level 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🔥
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