GOOD CHANCE FOR LONG WITH BAT PATTERN AND VOLUME PROFILE CONFIRMATION AS SHOWN ON THE CHART
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
OANDA:AUDUSD broke the neckline of the Head and Shoulders pattern. Cheers!
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (84.480). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
FUNDAMENTAL BIAS: WEAK BULLISH 1. Developments surrounding the global risk outlook. As a high-beta currency, AUD has benefited from the market's improving risk outlook over recent months as participants moved out of safe-havens and into riskier, higher-yielding assets. Also, as a pro-cyclical currency, the AUD enjoyed upside alongside other cyclical assets...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (0.7765). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . AUDUSD is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as...
breakout and retest would be a nice confirmation, eyes on it, next week moves
funny i used long short, you know I mean a swing short position would be nice to watch out for, more ideas pls, rsi on line 50, weekly close will give us more confirmation, but I see rejections on that resistance already
EURAUD broke a strong resistance cluster. Now 1.56 - 1.569 is a strong demand zone. The price will most likely keep growing to the next resistance cluster 1.59 - 1.595. If you missed a buying opportunity, wait for one more occasional retest.
Wait for the breakout before committing to a short position. Trade in the direction of the breakout. Use a rejection candle as the entry signal.
Wait for the breakout before committing to a long position. Trade in the direction of the breakout. Use a rejection candle as the entry signal.
Australian Consumer Inflation Expectations for May increased by 3.5% annualized. Forex traders can compare this to Australian Consumer Inflation Expectations for April, which increased by 3.2% annualized. The Australian Employment Change for April was reported at -30.6K. Economists predicted a figure of 15.0K. Forex traders can compare this to the Australian...
My Marketmiracle advisor generated a LONG input signal on the AUDJPY cross at price 84.59 with a target of 85.82 for an increase of 1.45%. The graph seems to confirm when indicated in fact we are close to a support and the upward push on prices by medium large investors is increasing ( yellow wave ) so this should reflect on the value of the cross. the forecast...