AUDUSD is currently consolidating within a wide horizontal range on a daily. The price is approaching a support of the range at the moment. I spotted one more range on a 4H time frame. A breakout of its resistance can be a good confirmation to buy the pair. 4H candle close above 0.6405 will confirm the violation. A bullish move will be anticipated to 0.6437 /...
EURAUD reached a key daily resistance. The price formed a double top pattern on that on an hourly time frame. The neckline of the pattern is broken. I expect a retracement to 1.6807 / 1.6786 ❤️Please, support my work with like, thank you!❤️
Aussie continues performing as anticipated. After a slight correction to release short term oversold condition , the market is resuming its downward toward target zone.
AUDUSD is currently consolidating. Here are bullish and bearish scenarios for the pair. Bearish Scenario The market is currently stuck within a horizontal range on a 4H. A breakout of its lower boundary - 4h candle close below 0.644 will most likely push the prices lower to 0.64 level. Bullish Scenario Above current price levels, we have a solid horizontal...
Aussie continues performing as anticipated. We Maintain The Same Outlook. Double Top formation. Aussie Must Stay Below "Kolero" To Maintain a healthy Momentum to Resume Its Downward Move Toward The Target. A Clear Close Above "Kolero" Will Abort The Above Scenario And Open Window For An Extended Upward Move.
The AUDCHF pair has been trading within a Channel Down pattern since the January 27 2023 High. The price is currently on a 2-week rise and following the completion of a 1D MACD Bullish Cross, it can extend to at least the 0.382 Fibonacci level based on the previous two Lower Lows of the Channel Down. As a result, we are targeting 0.58200, which would also make a...
Daily / 4H / 1H time frames analysis for AUDUSD. Price action. Important key levels. Trading plan explained. ❤️Please, support this video with like and comment!❤️
Hello Traders! On The Daily Time Frame, The AUDCAD Reached a Strong support Level ! Currently, On 4H, The Price Formed a Falling Wedge Pattern ! The Resistance Line of Wedge is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 0.87850🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The EURAUD pair is trading within a Channel Up pattern since mid-September 2022 and appears to have priced the new Higher High as the 1D RSI replicated the top pattern of the previous Higher Highs. We are still early in the technical pull-back that should be priced below the 1D MA100 (green trend-line) at a minimum of -4.55% from the High. As a result our target...
The GBPAUD pair hit our previous Buy Target as presented (see chart below) last month: The price has now been pulling back within the 7-month Channel Up in search of the next Higher Low. This should be formed at least on the 1D MA50 (blue trend-line) as it did twice before. As a result, we will wait for that buy opportunity and target 2.01500 (1.236 Fibonacci...
The AUDNZD pair is testing the top (dotted trend-line) of the Triangle pattern that started on the July 24 High that was a rejection on the 1.093250 Symmetrical Resistance. Friday's candle broke but closed below it. If any manages to close above it, we will buy and target 1.09350 on a potential emergence of a Channel Up. If on the contrary its rejected, we will be...
AUDUSD was able to break the 🔴 resistance zone($0.64620-$0.64530) 🔴. Now, we are watching the pull back to the resistance zone . Also, we can find the Double Bottom Pattern(Standard) . 🔔I expect AUDUSD will go UP at least to the upper line of the Ascending Channel and next 🔴 resistance zone($0.65030-$0.64920) 🔴. 🔅Australian Dollar/U.S.Dollar Analyze...
GBPAUD is trading in a long - term bullish trend. After the price set a new high, it started a correctional movement. Bears are currently approaching a 4H intraday support. The price action on an hourly time frame looks very bullish to me. The price formed a double bottom pattern there and broke its neckline. I expect a bullish continuation to 1.4746 /...
AUDNZD flirting with crucial support. Bearish movement is weak, we anticipate bullish movement from here. Inverse h&s confirming bullish movement.
The AUDCAD pair followed our prediction on the last analysis we made a month ago (see chart below) and hit two targets on the way to the bottom of the long-term Channel Down: The price is now on the 2nd straight green 1D candle after a flat Friday, which was most likely the bottom reversal of the Channel Down. As the 1D RSI hit the bottom of its Rectangle...
The AUDJPY pair is on the 3rd day after a Double Top rejection on the 1D MA50 (blue trend-line). That was a Lower High at the top of 2-month Channel Down. This is a sell opportunity, as long as the price is closing 1D candles below the 1D MA50. Our target is a -3.68% decline (as the previous legs) at 91.450. You can more safely settle for the 1D MA200 (orange...
Hello Traders! On Friday 11, The AUDUSD Price Reached A Support Level (0.64964 - 0.64583) Currently, This Key Level is Broken (Support Level Becomes New Resistance Level) So, I Expect a Bearish Move📉 i'm waiting for a retest... ----------- TARGET: 0.63000🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Hello Traders! On The Daily Time Frame, The AUDJPY Reached a Strong Support Level ! Currently, The Price Failed to Create new Lower Low 📉 Moreover, The Price Formed a Triple Bottom Pattern, The Neckline is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for a retest... ----------- TARGET: 94.950🎯 ___________ if you agreed with this IDEA, please leave a LIKE,...