Keeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a...
✅AUD_NZD was trading in An uptrend along the rising Support but now we are Seeing a bearish breakout So we are bearish biased Now and we will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
OANDA:AUDUSD The overall trend for Aussie Dollar has been bullish. There has yet to be a break in structure to tell us the Aussie Dollar is going to begin to sell. However with Price making its way to the Red Weekly downtrend, I am expecting for price to begin to show some kind of selling momentum. As I said above there has yet been a break or change in...
The USD, having experienced substantial blows from rate cut projections, faces a challenging scenario with the Fed signaling probable easing. Despite the narrative of falling inflation, policymakers are aiming to relay the message that inflation has yet to stabilize sustainably near the targeted 2%. The looming Fed speeches, particularly Chair Powell's impending...
OANDA:AUDUSD Via my analysis Aussie Dollar is still having buying momentum. At the time of this publishing AU has reached into a resistance zone. A slight pullback to the Green 4h trendline is what i am anticipating. With the Green 4h trendline being great support, I see price continuing to buy and make higher highs. A break below the Green 4h trendline can...
Kiwi has been on a great run but I'm seeing this come to the top of it's range and expecting a correction, whilst at the same time seeing Aussie building momentum, so I'm thinking this is a good pair to trade this week. We have quite a lot of fundamentals, with RBA and RBNZ meetings, but I think overall price action will look like this when everything balances...
OANDA:AUDUSD The previous week of Aussie Dollar was Bullish: 1. Aussie bought on Sunday, closed above the previous high. 2. Retested the previous high and began to buy higher. 3. Monday closing and Tuesday opening made a higher high. 4. Aussie began to make a series of lower lows and lower highs. 5. Wednesday completed the correction and with a few...
AUDUSD is heading towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 0.65867 Why we like it: There is a pullback resistance level Stop Loss: 0.66165 Why we like it: There is a pullback resistance level Take Profit: 0.64608 Why we like it: There is a pullback support that aligns with...
AUDUSD is heading towards a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target. Entry: 0.65867 Why we like it: There is a pullback resistance level Stop Loss: 0.66165 Why we like it: There is a pullback resistance that aligns with the 78.6% Fibonacci projection level Take Profit: 0.64608 Why we like...
AUDUSD D1 AUDUSD has gracefully hovered within the 0.63 to 0.65 range, a trend that persisted until the recent breakout spurred by the dollar's softening. The 0.65 handle encountered a noteworthy rejection, mirroring the resistance observed at cable 1.25. In light of these developments, a straightforward break-and-retest scenario cold unfold, suggesting the...
GBP/AUD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.90568 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 1.89600 which is a level that sits under an overlap support and the 78.6% Fibonacci retracement level. Take profit is at 1.91880...
The Aussie (AUD/USD) could fall towards a pullback support and potentially bounce off this level to climb higher. Buy entry is at 0.64551 which is a pullback support. Stop loss is at 0.64000 which is a level that sits under an overlap support and the 61.8% Fibonacci retracement level. Take profit is at 0.65222 which is a multi-swing-high resistance. High Risk...
Hello,Traders! AUD-NZD keeps growing and The pair broke the key Horizontal level of 1.086 And went further up so The breakout is confirmed Which reinforces our Bullish bias and we will Be expecting a move up After a potential pullback Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
AUD/NZD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.07820 which is an overlap support that aligns with the 50.0% Fibonacci retracement level. Stop loss is at 1.07300 which is a level that sits under a confluence of Fibonacci levels i.e. the 61.8% retracement and 78.6% projection...
AUDJPY could fall towards a pullback support and potentially bounce off this level to rise higher towards our take profit target. Entry: 97.506 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 97.025 Why we like it: There is a pullback support that aligns with the 61.8% Fibonacci retracement...
AUDUSD is falling towards a pullback support and could potentially bounce off this level to rise higher towards our take profit target. Entry: 0.64549 Why we like it: There is a pullback support that aligns close to the 38.2% Fibonacci retracement level Stop Loss: 0.64162 Why we like it: There is an overlap support that aligns with the 61.8% Fibonacci...
AUDUSD H8 AUDUSD, a currency pair known for its dynamic movement during the eastern session, owing to its base in the eastern time zone. We observed a substantial decline of up to 1.1R in the previous eastern session, although it's worth noting that stop losses are set with a broad coverage, extending to encompass all previous wicks. Today, we'll be keenly...
There is nothing as exciting as finding market direction and having the market play out in your direction and according to your plan and prediction. From last week, we saw prices retrace bearish in our 4-hour zone. On Friday, at about 1500 WAT, prices finally dipped into our zone and from there we knew it was time for the long bullish ride up. Because we were...