Hello,Traders!
AUD-NZD keeps going up
And the further up the more overbought it is
The pair went past the key level below
As if it did not exist, but I am even more bearish now
So I think that there is a good chance to see a pullback
And a bearish correction from the resistance ahead
With the target of retesting the previous key level below
Sell!
Like,...
Hello,Traders!
EUR-AUD fell sharply and reached
A strong horizontal support level
From where I am expecting
A bullish reaction and a reabound
With the target that you can see on the chart
Buy!
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AUDUSD is testing critical resistance at the 0.7350-60 area. Besides the hourly readings that we see in the chart, the pair is also testing the basic down trendline that we can see in the Daily attached chart (yellow trendline in the hourly.
The move will find us sellers at current levels adding more at 0.7360. We'll set our stops above 0.7385 targeting 0.7315...
✅AUD_NZD is retesting a horizontal resistance
And looking at how fast the pair was going up
In the last few days I think that the pair is overbought
Which begs for a bearish correction
So I think there is a good chance
For a pullback and a move down
Towards the target below
SHORT🔥
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✅EUR_AUD was trading in an uptrend
Along the rising support line
But the support was violently broken
Now, we are bearish biased
And I think that after the retest
Of the horizontal resistance
Bearish continuation will follow
With the target being
The horizontal support below
SHORT🔥
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The pair is on the early stages of forming an uptrend and is probably to gain more liquidity for a solid push to the upside. NFP day, so be ready to pull the trigger, but being friday - definitely not ideal to enter
H4 time frame.
Structure: The downtrend has been broken.
Key level at 0.73200 was broken.
Wait for the price retracement to confirm the uptrend on the 4-hour timeframe and then look for a buying opportunity with AUDUSD.
The confluence between the 50-61 Fibonacci level and the 0.72400 and 0.72200 support levels is a potential price correction zone.
The profit...
✅AUD_JPY is paining roughly the same picture
As the AUD_CHF, with the bullish breakout
But here the pair broke a falling resistance
And Is now going up, but a horizontal resistance
Is ahead and I am expecting a local bearish reaction
With the retest of the local rising support
SHORT🔥
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✅AUD_CHF broke the local horizontal resistance
That now turned into a support
And the pair is surging up
To retest a key resistance level
I think that the we will see a bearish reaction
And a pullback towards the support below
SHORT🔥
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Hello,Traders!
GBP-AUD was trading above the rising support
But now the support seems to have been broken
And as I am bearish biased on the pair
I think it will keep falling
To retest the horizontal support below
Sell!
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Hello,Traders!
AUD-NZD broke out of the falling channel
And went up just as I predicted
However, a horizontal resistance is ahead
And I am expecting a local bearish reaction
After the price hits the resistance
Sell!
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✅GBP_AUD is trading in a falling wedge
And the pair is retesting a resistance cluster
While having formed a local bear wedge
Inside the bigger bear wedge
Which makes me super bearish
And IF we see a breakout
I think that the price will go down
To retest the local low and maybe even lower
SHORT🔥
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AUDUSD is breaking out from major support area at 0.7250. If the hourly close is below 0.7235 we will open sell orders with stops above 0.7265 and initial target at 0.1790-00.
AUDNZD is trending to the upside currently after RBNZ's rate decision to hold rates. Technically the pair has broken the bull flag to the upside and the RSI is bullish. We anticipate continued upside to 1.0530.
H4 time frame.
Structure: Downtrend.
A divergence signal appeared, the key level is clearly shown at the price level of 0.73200.
Waiting for the price to break the Key level and get a confirmation signal can find buying opportunities with AUDUSD.
The profit target is the 0.74800...
After a nice gain. The Aussie looks to be finishing up and could be headed in favor of the bears. Im thinking short for the next couple hours. Let’s see what happens. Any thoughts?
Hello,Traders!
AUD-USD is making a correction
But the horizontal resistance is above
And I think that after the retest
The pair will fall onto the target level
Sell!
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