Update for AUDCAD. We spotted a confirmed structure breakout on a daily, yesterday. After a pullback, the price tested a strong intraday resistance. A double top pattern was formed on that. I expect a bearish move now. Goals: 0.8742 / 0.8720 ❤️Please, support my work with like, thank you!❤️
AUDCAD is trading in a bearish trend. The price broke and closed below a key daily structure support yesterday. The broken structure turned into a strong resistance. I expect a further decline. Goal: 0.8665 ❤️Please, support my work with like, thank you!❤️
Hello Traders! On The Daily Time Frame, The AUDCHF Price Formed a Head and Shoulders Pattern📉 The Neckline is Broken 🔥 So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.57360🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The AUDUSD pair has been trading within a Channel Down pattern since the February 02 2023 High and the rejection on the 1W MA100 (red trend-line). Since June 16 however, it formed a short-term Rectangle pattern, which today broke below its 0.65950 Support 1. We will trade this depending on today's 1D candle closing. If it closes above the 0.65950 Support and back...
GBPCHF is testing a support of a horizontal trading range. As a confirmation, the price formed a double bottom pattern on that. I expect a bullish movement to 1.1218 ❤️Please, support my work with like, thank you!❤️
Here is my latest structure analysis for AUDUSD. Consider these structures for pullback / breakout trading. ❤️Please, support my work with like, thank you!❤️
EURAUD formed a high momentum bullish candle on a daily time frame. The market broke and closed above a key daily structure resistance. I expect a further bullish continuation now. Goals: 1.666 / 1.676 ❤️Please, support my work with like, thank you!❤️
i can see price pumping up to meet the nearest significant supply zone, be the bears can dominate the market.
HELLO GUYS THIS MY IDEA 💡ABOUT CHFAUD FX_IDC:CHFAUD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price breakout this resistance , strong buyers will be push up the market again.. IF you like my work please like and follow thanks
HELLO GUYS THIS MY IDEA 💡ABOUT BRLAUD FX_IDC:BRLAUD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the buyers from this area will be defend this LONG position.. and when the price breakout this resistance , strong buyers will be push up the market again.. IF you like my work please like and follow thanks
The GBPAUD pair gave us an excellent buy signal last time we looked at it (see chart below) on May 9: The price remains within the 6 month Channel Up pattern and is currently rising after a Higher Low formation on the 1D MA50 (blue trend-line) early this week. This is a bullish signal, based on which we are targeting the 1.97300 Resistance. That would be a...
Good day, traders. The Australian dollar, which is now in a correction phase, may shortly hit the support and resistance level of 0.680. Right now, the trend is downward. We'll be monitoring AUDUSD during the current trading week and the one after it in case a selling opportunity arises at the 0.680 area.
The AUDNZD pair is consolidating on the 1D MA50 (blue trend-line) for 4 straight 1D candles, having formed a 1D Golden Cross last week. Even though that is a technically bullish formation, as long as it doesn't break above the 1.093250 Symmetrical Resistance, a rejection seems more probable. As long as it holds, we will sell and target the Higher Lows trend-line...
AUDCHF is trading inside a Channel Down pattern for more than one year with the 1D timeframe bearish (RSI = 38.270, MACD = -0.004, ADX = 43.501) as the price is under its middle and the 1D MA50. The 1D MA200 is located exactly on its top. The 1D MACD is in the process of completing a Bullish Cross, which has been a strong buy signal inside this pattern. Even...
AUDUSD is taking off from a wide horizontal zone of confluence based on a demand cluster and 618 retracement of the last bullish impulse. The price formed a double bottom pattern on that as a confirmation. Goals: 0.68 / 0.683 ❤️Please, support my work with like, thank you!❤️
EURAUD has made a Double Bottom on the 1D MA50, keeping the 1D time-frame bullish (RSI = 58.711, MACD = 0.006, ADX = 17.748). This is primarily a bullish signal and as the 1D RSI is forming the same Channel Down which on April 14th kickstarted a strong leg up, we will take a short-term buy position targeting the 1.0 Fibonacci (TP = 1.67850). The extension can...
AUDUSD is on the 4th red (1d) candle in a row, following the Double Top rejection near Resistance 1 (0.69000). Trading Plan: 1. Sell on the current market price. 2. Sell if a (1d) candle closes under the Rising Support. Targets: 1. 0.66750 (contact with Rising Support). 2. 0.66000 (Support 1). Tips: 1. The RSI (1d), is on the MA trend line. If broken, it will...