-Still has yet to break the downward resistance trend line. -H&S played out but failed to continue lower for now.
The AUDCAD pair is following our trading plan to the point since our last analysis (August 12), which was a sell signal following the 1D MA200 (orange trend-line) rejection: As you see nothing has changed, the price got emphatically rejected on the 1D MA200 and entered a Channel Down that has already hit our first target (0.89120). There is no diversion yet...
AudUsd close to bottom. Also 61.8 fibonacci level.
Let's first take a look at the previous post I published about the Australian Dollar/Swiss Franc.👇 Australian Dollar/Swiss Franc moved as I expected and completed its wave 5. I expect the Australian Dollar/Swiss Franc to go up to the resistance zone. 🔅Australian Dollar/ Swiss Franc ( AUDCHF ) Timeframe 8H⏰. Do not forget to put Stop loss for your positions...
Australian Dollar/Swiss Franc completed the main wave 4 by Expanding Triangle, and now it is on the road to completing the main wave 5 at the targets I showed you in my chart. 🔅Australian Dollar/Swiss Franc ( AUDCHF) Timeframe 8H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just...
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...
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...
Euro/Australian Dollar has bounced back from the resistance zone for the second time and I expect this drop to continue at least up to the support area I marked on the chart. Also, we can see the Regular Divergence (RD-) between MACD Indicator and Price. 🔅Euro/Australian Dollar Analyze (EURAUD) Timeframe 2H⏰. Do not forget to put Stop loss for your positions...
Target Price is 1.502. Market is bullish because of the series of higher lows. IF price breaks and closes below blue trend, THEN exit the trade.
first we have crossing up the poc of the prevues week so we expecting the price reach first HVN than short second reach the black hole than will be strong bearish
The AUDUSD pair got heavily rejected yesterday on the 1D MA50 (blue trend-line) following the worse than expected CPI report. This is the first update we make on the pair since our August 05 analysis, that targeted the 1D MA200 (orange trend-line) following the Wedge break: Our target has been completed and the price has entered since a new corrective pattern...
HELLO GUYS THIS MY IDEA 💡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 for this...
GBPAUD is coiling around a solid intraday supply zone. The price was rejected from that multiple times. I spotted a double top formation on 1H and a confirmed neckline breakout. I expect a bearish move at least to 1.6957 support. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long-term trend is bullish, Mid term is bearish. Recent moves were surprisingly strong for bulls but they are getting weaker. Bulls breaks the strong Ma100 but MA200 is on the way! Considering all factors, I generally think that price may fluctuate a little while between zones! Short from red zone and long from the green one.
AUD - The Australian dollar fell while bonds rallied on Thursday, as markets scaled back bets on more aggressive rate hikes from the Reserve Bank of Australia, after a speech by governor Lowe opened the door to a slower policy at tightening going forward. EUR/ECB – The euro held above a twenty-year low on Thursday after the ECB raised interest rates by a...
Hey traders, What a breakout on AUDCAD. The price broke and closed below a wide horizontal neckline of a head and shoulders pattern on a daily. The broken neckline turned into a key resistance now. I will expect a bearish continuation to 0.876 support now. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like,...
The price chart of the Australian dollar vs the US dollar continues its downtrend and moves to reach the weekly and daily resistance zone. Below the minimum price of the latest two-hour candles is the right price to enter a sell trade. Good luck.. --------------------------------------------------------- Please write any advice or suggestions. Dear friends,...
AUD FUNDAMENTAL OUTLOOK: NEUTRAL BASELINE Despite a decent recovery from the start of the year, the AUD gave back most of its 1Q22 gains throughout 2Q22 due to China’s continued struggles with Covid breakouts, and more recently the big slump in key commodities (Iron Ore & Coal). China’s economy is always a key focus for the AUD. While other major economies...