AUDUSD is unstoppable. The market violated one more horizontal resistance. Next goal for buyers is 0.68 structure. ❤️Please, support my work with like, thank you!❤️
The AUDJPY pair gave us the pull-back we wanted last time (November 03) and delivered a buy opportunity that hit our 97.675 target (see chart below): The price has since pull-back and rebounded just before testing the 1D MA200 (orange trend-line). Even though it is still restrained below the 1D MA50 (blue trend-line), as long as the 1D MA200 holds, we expect...
📊 #AUDCAD Fractals Market Algorithm (13/12/2023) Free Forecast Hummer Buyers : 0.89561 Hummer Sellers : 0.89433 Magnet Buyers : 0.89521 - 0.89450 Hummer Sellers : 0.88853 Hummer Buyers : 0.88981 Magnet Sellers : 0.88954 - 0.88882
AUDUSD is almost neutral on the 1D timeframe (RSI = 55.106, MACD = 0.003, ADX = 28.280) as it has started to decline again after the rejection on the 0.618 Fibonacci level near the top of the twelve month Channel Down. The 1D RSI got overbought at the top just like on the June 15th LH (also on the 0.618 Fibonacci), which was the previous most optimal short...
The AUDUSD pair completed the bullish leg that we caught on our last call (October 24) and hit our 0.66000 1D MA200 (orange trend-line) target (see chart below): The price has made a initial rejection at the top (Lower Highs trend-line) of the Channel Down, so the pattern remains intact. Technically this is the start of the Bearish Leg towards Support 1 and 2...
AUDCHF is testing a key horizontal supply area. A bearish breakout of a neckline of a double top pattern on an hourly time frame gives us a strong bearish confirmation. We may anticipate a bearish continuation to 0.5733 ❤️Please, support my work with like, thank you!❤️
Hello Traders ! On Tuesday 21 Nov, The AUDCAD Reached a Resistance Level (0.90318 - 0.90567) The Price Formed a Double TOP Pattern. So We Have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, I Will Sell on Retest... TARGET: 0.87950🎯
Hello Traders ! Previously: The AUDUSD Price Formed a Bullish Falling Wedge Pattern. Currently: The Price Broke a Strong Resistance Level (0.65710 - 0.66256). This Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move. Let's Wait For Retest... ----------- TARGET: 0.67120🎯
As We Talked in The Previous Analysis: The AUDUSD Price Broke a Strong Resistance Level (0.65710 - 0.66256). This Resistance Level Becomes a New Support Level. Currently: The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement 📈 ----------- TARGET: 0.67120🎯
As I predicted, AUDUSD perfectly respected the underlined green daily support. The price formed a high momentum bullish candle after a release of US fundamentals yesterday. We may anticipate a further growth now to 0.6715 resistance. ❤️Please, support my work with like, thank you!❤️
Hello Traders ! -The EURAUD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! Let's Wait for Retest... ----------- TARGET: 1.64800🎯
AUDUSD keeps breaking the key resistances. 0.6575 - 0.6625 area was violated this time. It turned into a strong support. We may anticipate more growth on the pair. Next resistance - 0.6716 ❤️Please, support my work with like, thank you!❤️
AUDNZD formed a double bottom formation, testing a key daily horizontal support. We may anticipate a bullish movement from the underlined area to 1.093 resistance. ❤️Please, support my work with like, thank you!❤️
There has been an opportunity that has emerged due to the recent fluctuations in currency values and the growing demand for copper exports to China. As you may be aware, the USD has been experiencing a period of weakness, while the AUD has shown signs of strength. This presents an advantageous situation, as we can leverage the stronger Australian dollar against...
🏃♂️AUDUSD is running in the 🔴Resistance zone($0.660_$0.6548)🔴 . 🌊According to Elliott wave theory, a Zigzag correction(ABC/5-3-5) at the 🔴Resistance zone($0.660_$0.6548)🔴 seems to be completed. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks. 🔔I expect AUDUSD will go Down at least to the 🟢 Support zone($0.6313_$0.6280)...
After a test of a key daily resistance, EURAUD formed a huge double top pattern. The breakout of a neckline of the pattern is an important bearish confirmation. We can anticipate a bearish movement to 1.6543 / 1.6489 ❤️Please, support my work with like, thank you!❤️
The AUDCHF pair has been trading within a Channel Down since February's High and currently sits just below its top (Lower Highs trend-line). Having formed a 1D MA50/ 100 Bullish Cross and tests the Lower Highs for the 3rd time in 2 months, it is highly likely to finally break the bearish trend upwards. We will only buy though above the 1D MA200 (orange trend-line)...