Hello, This is my prediction for AUDUSD. Please like ,follow and comment. Thanks. Invest wisely after take your own decision.
AUDCAD is predicted to move lower, and started trending down, so I am going long. It's complicated... Let me explain why, to sum up it is because nothing ever goes in a straight line, and trends have waves. I would not recommend doing this to someone working at a hedge fund or bank, unless they are trying to get fired. Fundamental drivers & economic calendar...
FUNDAMENTAL BIAS: 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 after...
GBPAUD formed a classic bearish flag pattern. Wait for its bearish breakout (4H candle close below its support). It will be a trigger for a bearish continuation. In case of the breakout, next support will be 1.787
AUDCAD is resting in the previous support zone of 0.9518-0.9536. After breaking quickly through this zone by slightly over 60 pips, price slowly made its way back. The 4H chart shows a downward bias as the 20, 50, and 200 period MAs are crossing down. Furthermore, price is resting right at 20 period MA, a great place for a potential reversal downward. I was...
Perfect example of a bullish accumulation on EURAUD. The pair is setting the sequence of higher lows, respecting the same highs and forming an ascending triangle. To catch the next swing move, wait for its 1.568 - 1.57 resistance breakout. Then a bullish continuation will most likely follow. Your goal will be - 1.59 Remember, in case of a bearish violation...
FUNDAMENTAL BIAS: 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 after...
Happy Weekend! However, the grind never stops. This is a good R/R trade, depends on how you trade the idea and your plan but it is best you stick to your trade plan. Technical view: AUDJPY - Daily Support: 82.955, 82.405, 82.110, 81.200 Resistance: 84.180, 84.444, 84.865, 85.415 Pattern: Wedge - Double top How to trade this idea: For further confirmation...
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 after moving into an early...
Latest Developments: April 15 – Employment for March saw the unemployment rate fall to 5.6% from February’s 5.8%, while employment change printed at 70.7K; although, this was largely a result of the part time component as full time employment printed at -20.8K. April 6 – At their April meeting, the RBA kept the cash rate and 3yr yield target at 0.10% and asset...
❤️Please, support this idea with a like and comment!❤️ 1️⃣ EURUSD - 4H time frame The pair is still trading on a strong daily horizontal resistance. On that, the price started to consolidate and currently trading within a local horizontal trading range. Wait for a bullish/bearish breakout of the range to buy/sell the pair. 2️⃣ USDCAD - Daily time frame The...
Hi guys! 👋🏻 🔔 Breakout from the ending diagonal (wedge) is confirmed, AUD/USD remains above the resisance of 0.76670, which is a bullish continuation sign for the pair. Although might slightly correct to retest the upper edge of the pattern as support, so keep that in mind. 🔔 The US Annual inflation rate in March exposed 2.6% which is far beyond the FED’s...
Technical Overview: - AUD/USD Check out our previous posted analysis Analysis is only 1 piece of the puzzle 🧩 Our analysis is a sentiment for the upcoming week, month. Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining. Trade this sentiment based off your own entry strategy at the right time. Flow with the...
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 after moving into an early...
Latest Developments: April 15 – Employment for March saw the unemployment rate fall to 5.6% from February’s 5.8%, while employment change printed at 70.7K; although, this was largely a result of the part time component as full time employment printed at -20.8K. April 6 – At their April meeting, the RBA kept the cash rate and 3yr yield target at 0.10% and asset...