We saw AUDUSD in a range from 10th October till the 25th of October. After a break above the range, we saw an uptrend which was corrected yesterday. we are likely to see a break above the 0.65125 for a bullish rally till about 0.6800.
Hey traders, GBPAUD is approaching a rising trend line on a daily. The price formed an inverted head & shoulders pattern on that on 1H time frame. 1.7937 - 1.7953 is its horizontal neckline. To buy with a confirmation, wait for its bullish breakout (hourly candle close above that). Then, buy aggressively or on a retest. Targets will be 1.8033 / 1.8075 If...
What a peculiar situation on EURAUD: The pair has recently broken a major horizontal supply zone. The broken structure turned in a demand area. A bit higher, however, we have one more structure. This time, it is a major falling trend line. The underlined blue contracting area on the chart is the decision zone. The breakout, with a high degree of accuracy,...
AUDCAD dropped to an important confluence zone last week. The underlined yellow area is based on the intersection between 618 retracement of the last bullish impulse and a horizontal intraday demand zone. The market formed a doji candle on that and was nicely rejected. On an hourly time frame, I spotted a confirmed breakout of a resistance line of a falling...
The AUDUSD pair has been trading within a Bearish Megaphone since the August 11 High, which was a direct rejection on the 1D MA200 (orange trend-line). In the last two days, the price is pulling back again after a 2-week rally that pushed it near the top (Lower Highs trend-line) of the Bearish Megaphone and the 1D MA50 (blue trend-line). Technically a rejection...
Australian Dollar/Canadian Dollar was able to make a Head and Shoulder Pattern on the resistance zone when it broke the trend line. I expect that the Australian Dollar/Canadian Dollar will go down at least to the support zone and target of the head and shoulder pattern. 🔅Australian Dollar/Canadian Dollar (AUDCAD) Timeframe 4H⏰. Do not forget to put Stop loss...
Australian Dollar/U.S.Dollar was able to break the upper line of descending channel by the bullish marubozu candle. I expect the Australian Dollar/U.S.Dollar will go UP at least to the resistance zone & resistance line. 🔅Australian Dollar/U.S.Dollar Analyze ( AUDUSD ) Timeframe 4h⏰ Do not forget to put Stop loss for your positions (For every position you want...
HELLO GUYS THIS MY IDEA 💡ABOUT AUDUSD is nice to see strong volume area.... Where is lot of contract accumulated.. I thing that the Seller from this area will be defend this SHORT position.. and when the price come back to this area, strong SELLER will be push down the market again.. DOWNTREND + Support from the past + Strong volume area is my mainly reason...
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Ongoing issues with China’s economy remain a question mark for the AUD. As long as China’s potential for recovery remains uncertain, the path for the AUD remains the same. The RBA surprised this past week with a 25bsp hike, sparking some speculation that the bank could be finalizing their hiking cycle sooner than...
GBP FUNDAMENTAL OUTLOOK: WEAK BEARISH BASELINE A looming recession has been a key source of Pound weakness and has kept pressure on Sterling despite ongoing BoE hikes. But there is a new threat in focus. It seems the PM’s new fiscal plan, even though putting downside pressure on inflation and lowering growth risks, has drastically increased debt concerns....
AUDCHF reached a strong intraday support yesterday. I see a very nice bullish reversal this morning. I believe that the pair will bounce soon. Initial target - 0.636 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Ongoing issues with China’s economy remain a question mark for the AUD. As long as China’s potential for recovery remains uncertain, the path for the AUD remains the same. The RBA surprised this past week with a 25bsp hike, sparking some speculation that the bank could be finalizing their hiking cycle sooner than...
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Ongoing issues with China’s economy remain a question mark for the AUD. As long as China’s potential for recovery remains uncertain, the path for the AUD remains the same. The RBA surprised this past week with a 25bsp hike, sparking some speculation that the bank could be finalizing their hiking cycle sooner than...
Hey traders, Last week, EURAUD broke and closed above 1.53 - 1.54 weekly resistance cluster. The next goal for buyers is a major falling trend line. Look for buying opportunities from a broken structure. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Hey traders, AUDNZD broke and closed below a key daily support this week. The broken structure turned into a resistance now. I will expect a bearish continuation to 1.105 level from that. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
The AUDUSD price is in Bearish Head And Shoulders Pattern 🧐 the Neckline is broken ✔ so, i predict a bearish move 📉 im waiting for a pullback 📈 TARGET: 0.62051 🎯 ... if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Ongoing issues with China’s economy remain a question mark for the AUD. As long as China’s potential for recovery remains uncertain, the path for the AUD remains the same. The RBA surprised this past week with a 25bsp hike, sparking some speculation that the bank could be finalizing their hiking cycle sooner than...