AUDNZD, is currently trading at resistance. A sell confirmation will be the signal we need to short this pair.
AUDCHF is trading inside a Channel Down pattern for over 1 year but the 1D time frame is technicalls bullish (RSI = 68.224, MACD = 0.004, ADX = 39.835). The reason is that since May 1st, the Channel Down is having its bullish leg for the new LH (Lower High). The previous two LH were formed on the 1D MA200. As the RSI is about to cross into the overbought...
Hello Traders👋🏻 On The Daily Time Frame The AUDJPY Price Broke The Resistance Level (92.189-93.048)✔ Currently, The Resistance Level Becomes New Support Level📈 So, I Expect a Bullish Move📈 i'm waiting for a retest.... ----------- TARGET: 94.700🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders👋🏻 On The Daily Time Frame The EURAUD Price Reached A Support Level (1.60735-1.60358) ! The Price Failed to Create New Bullish Move📈and Broke The Key Level (Support Level Becomes New Resistance Level) So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 1.59221🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...
EURAUD is touching at the moment the bottom of the Channel Up pattern that has been in place for 10 months. The 1D time frame is technically almost oversold (RSI = 32.980, MACD = -0.011, ADX = 36.222) with the RSI in particular last time it was that low was in July 28th 2022. If the price doesn't rebound on the current level, we expect a test of the 1D MA200. In...
Hello Traders👋🏻 On The Daily Time Frame The AUDCHF Price Broke The Resistance Level (0.60648-0.60276)✔ Currently, The Resistance Level Becomes New Support Level📈 So, I Expect a Bullish Move📈 i'm waiting for a retest.... ----------- TARGET: 0.61855🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
GBPAUD crossed under the 1D MA50 three days ago for the first time in three and a half months and today upon a retest as Resistance it is initially failing. With the 1D timeframe technically neutral (RSI = 45.941, MACD = 0.001, ADX = 27.184), if the price gets rejected then selling should transition into the 1W timeframe as well and start testing the lower Support...
2023-2024 Exchange Rate Forecasts From MUFG Growth Concerns hamper Commodity Currencies MUFG notes important uncertainty over the outlook for Reserve Bank of Australia (RBA) policy. On balance it expects that the RBA will not hike rates again. As far as the currency is concerned, it adds; “We continue to see AUD/USD moving higher but assume underperformance...
GBPAUD formed a tiny head and shoulders pattern on a solid horizontal intraday supply zone. I expect a bearish move from that area. Goal - 1.8596 ❤️Please, support my work with like, thank you!❤️
AUDNZD is on a very aggressive short-term rally following the 1.05600 Low, turning overbought on its 1D technicals (RSI = 73.113, MACD = 0.006, ADX = 40.707). As the price approached R1 (1.108900), it is gradually turning into a sell opportunity, with the Channel Up Top being just over. Consequently, we turn bearish ourselves, targeting the bottom of the Channel...
AUDNZD is unstoppable. The pair broke a key daily structure again. The next strong resistance is 1.105. It will most likely be the next goal for buyers. ❤️Please, support my work with like, thank you!❤️
The AUDJPY pair has been trading within a Channel Down pattern since the October 21 2022 High. Supported by the 1D MA50 (blue trend-line), it not only entered yesterday the Resistance Zone of December 13, but also reached the top (Lower Highs trend-line) of the Channel Down. This is a Double Sell signal and as long as candles close below it, we will be selling...
AUDUSD is testing a solid horizontal supply area on a daily. To catch a bearish movement from that with a confirmation, watch a horizontal range on 1H time frame. If the price breaks and closes below the support of the range on 1H, I will expect a bearish continuation. Next goal will be 0.656. Remember, that if the price breaks and closes above the...
AUDCAD is on a strong bullish reversal as the price made a new LL at the bottom of the Channel Down. The 1D time frame is still technically bearish (RSI = 41.867, MACD = -0.004, ADX = 60.849) and it won't start providing sell signals before it turns neutral at least. We will buy on the current market price and target the 1D MA50 (TP1 = 0.897500). On the 1D MA50 we...
AUDUSD is registering significant accumulation at the current levels. Higher lows on histogram has been created conveying the current price range as the base for the coming series of ascend. 4H trendline break materialized. The pair is bouncing off 78.6 FIB level with accuracy -- signifying initial shift to revese. Spotted at 0.65 TAYOR. Safeguard capital always.
AUDUSD made today the first strong green (1d) candle in a long time as it touched and rebounded at the bottom of the Channel Down. This is the new bullish leg that should aim to fill the new Lower High. Trading Plan: 1. Buy on the current market price. Targets: 1. 0.67000 (3.70% rise from the bottom as the previous bullish leg). Tips: 1. The RSI (1d) crossed...
On a today's live stream, we discussed AUDJPY. The price was steadily growing within a rising wedge pattern. Once a key daily resistance was reached, bears managed to violate the lower boundary of the wedge. It looks like a bearish reversal is ahead. The market may drop to 90.15 / 89.35 ❤️Please, support my work with like, thank you!❤️
The AUDUSD pair is trading within a Channel Down pattern since the February 14 High and currently is close to completing the Bearish Leg to the new Lower Low. Our target is 0.64000, just above Support 1, where we will turn bullish again. The 1D RSI below 30.00 will be the ideal buy signal. The buy's target will be 0.66250, always below the 1D MA100 (green...