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...
AUDJPY is coiling around a key resistance. The price formed a head and shoulders pattern on 1H time frame. To short with a confirmation, wait for 1H candle close below 92.0 level - its horizontal neckline and a minor rising trend line. Then a bearish continuation will be expected to 91.55 If the price sets a new high, the setup will be invalid. ❤️If you...
Hey traders, AUDJPY still looks bearish to me. Yesterday, the price retested a recently broken structure resistance and we saw a positive bearish reaction from that. I believe that the pair will drop at least to 90.7 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Good probabilities on your trades! -SagaTrading
GBPAUD is trading on a key daily structure support. To catch a bullish continuation from that, watch an inverted head and shoulders pattern on 1H time frame. 1.744 - 1.7465 is its 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 1.755 / 1.7626 If the...
Simple idea here: AUDUSD breaking below lower Bollinger Band with several following candles showing slowed down trend. If we close the current (circled) candle successfully fully above the bottom band, simple is expected. Next resistance lines are noted (drawn off the daily with at least two touched) with the Stop Loss & Take Profit also highlighted. Easily can...
Hey traders, here is a brief technical outlook of 4 peculiar instruments on my watch list. 1️⃣ EURUSD - 3 days time frame 🇪🇺🇺🇸 The pair is trading in long-term bearish trend. Lower highs and lower lows are perfectly respecting the boundaries of a major falling parallel channel. The price is closer and closer to its resistance. I believe that a strong bearish...
Australian Dollar/New Zealand Dollar succeeded in making Bullish a 🦇Bat🦇 Harmonic Pattern near the trend line. I expect the Australian Dollar/New Zealand Dollar will go UP at least to the resistance zone. 🔅Australian Dollar/New Zealand Dollar ( AUDNZD) Timeframe 4H⏰. Do not forget to put Stop loss for your positions (For every position you want to...
AUD – The Australian dollar lost ground on Tuesday, having rallied sharply overnight, after the Reserve Bank of Australia delivered a smaller-than expected rate hike, even as central banks elsewhere are raising rates aggressively. The Commonwealth Bank of Australia, which had predicted the 25 basis points move, expects the central bank to hike by another 25 bps...
So it turned out that EURAUD broke and closed above 1.49 - 1.498 resistance cluster. The broken structure turned into a demand zone. The closest resistance that I see now is 1.53 - 1.54 zone. I believe that it will be the next goal for buyers. For entries, consider an occasional retest of a broken structure. ❤️If you have any questions, please, ask me in...
HELLO GUYS THIS MY IDEA 💡AUDUSD 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 come back to this area, strong buyers will be push up the market again.. UP TREND + Resistance from the past + Strong volume area is my mainly reason for this...
Fundamentals : The China Factor : Australia's economy is intimately linked to trade with China. (1) China's lack of demand for iron ore as their economy undergoes a recession. " Disaster looming in Australian economy as iron ore demand falls " (Daily Telegraph: www.dailytelegraph.com.au ) www.imf.org fred.stlouisfed.org markets.businessinsider.com (2)...