USD – The dollar slid on Monday, after posting its biggest weekly rise in more than two months last week, as markets embraced a risk-on mood with weak data suggesting the Federal Reserve is unlikely to quickly remove its accommodative monetary stance. OANDA summarized the market’s current thought, noting that “markets have concluded there’s not going to be a...
Hi guys! 👋🏻 🔔 Following this setup for AUDNZD. Looks like the pair will be rejected by the dynamic support which is currently tested as resistance. Not a perfect Gartley pattern is also on the watch. ✊🏻 Good luck with your trades! ✊🏻 If you like the idea hit the 👍🏻 button, follow me for more ideas.
AUD/USDT currently trying to break down from the falling flag. If the breakout confirms we could see a bearish move to $0.7 (next support. At the same time, this could be a fake breakout and we could see a bullish move above $0.72
AUDUSD is trading in a heavy bearish trend. With a strong green back and current fundamental sentiment, it looks like bears will keep pushing. Next week sell after a pullback expecting a bearish continuation to 0.7 ❤️Please, support this post with like and comment!
AUDNZD reached a year's low in August. Since then the market is trading in a consolidation. 1.041 - 1.055 is our current trading range. Depending on the reaction of the market to that I see two potential scenarios: Because the global trend is bearish, bearish breakout of the range is a highly probable scenario. Daily candle close below the underlined...
AUDUSD pushed a little lower than anticipated and seems to be forming an inverted head and shoulders, enter immediately or upon break off neckline via BUY STOP
AUDUSD possible bounce at support Wait for price action/candle confirmations
Aud/Usd log idea based on technical analysis. Support and resistance idea. Daily is retesting a major support zone, I scaled down on lower time frame to look for entry
USD - The dollar edged up on Monday to touch the highest in more than two weeks against a basket of currencies, buoyed by upbeat US data, even as reports noted that traders were keeping a close watch on the spread of COVID-19 cases in the United States. AUD – The Aussie Dollar eased slightly on Monday, as lower commodity prices and continued lockdowns in the...
I have been monitoring this pair for a while now for confirmation that it's bullish trend is over. Here we see price has broken the current support level which it has held for a week now. The cause being a positive result for AUD on this mornings RBA interest rate decision. GBP has shown strength at the start of the london session, I hope we will now see a...
AUDCHF is trading on key daily structure support. To catch a pullback from that, focus on a falling wedge pattern on 4H. While the price is trading within, the market remains locally bearish. Its bullish breakout (4H candle close above its resistance) will be our confirmation to buy. Entering the position on retest the goals will be: 0.6765 0.6794 In case...
AUDCAD was coiling for quite a while on a strong 4h intraday structure resistance. The price formed a head and shoulders pattern and just recently broke its neckline. Taking into consideration that a global trend on the pair is bearish, I expect a further decline. Goals: 0.922 0.918 ❤️Please, support this idea with a like and comment!❤️
Hey traders, During the morning talk with my students, we discussed AUDNZD. The pair is currently ranging. 1.061 - 1.062 is the resistance. 1.054 - 1.055 is the support. To clarify the future direction of the market, wait for a breakout of one of its boundaries. In case of a bearish breakout, I will expect a fall to 1.05 In case of a bullish breakout, a...
AUDJPY formed a cute head and shoulders pattern on a strong resistance level. With a violation of a neckline and 4H candle close below, I expect a further decline. Initial goal - 81.4 ❤️Please, support this idea with a like and comment!❤️
The recent slightly hawkish RBNZ rate decision and better-than-expected New Zealand second-quarter inflation data is driving local front-end government bond yields higher, especially relative to Australia. AUD/NZD has thus been aiming lower these past few weeks and may continue to do so as it capitalizes on the RBNZ's more hawkish shift compared to the RBA. But,...
This is a Australian Dollar index I created. I use these to help gage currency strength when looking for a pair to trade. GL Traders! "Don’t blindly follow someone, follow the market and try to hear what it is telling you." - Jaymin Shah
AUDJPY is stuck within a narrow horizontal trading range. 82.8 is its resistance. 82.0 is its support. Depending on the side of a breakout of the range I see two potential scenarios: If bears violate and close below the support of the range, I will expect a bearish continuation to 81.4 - local structure low. If bulls break and closed above an upper...
Hello everyone , as we all know the market action discounts everything :) The AUD/USD market showing a lot of bearish signs after failing to hold 0.75 today and it looks like the market might be dropping down in the next week or two . a possible reversal might happen but we need to wait for the conformation on the Market price testing the support line at 0.7401...