The AUDCAD pair has been trading within a Channel Down since the February 09 High, having failed to achieve any 1D candle closing above the 1D MA50 (blue trend-line) since July 26. The current price action resembles the start of the Channel Down. Based on symmetry, we have one last Lower Low to achieve and then we should be expecting a rebound to test the 1D MA50....
AUDUSD is trading inside a Channel Down pattern since the start of the year with the price consolidating at the moment on its bottom. Naturally, the 1D technical outlook is bearish (RSI = 41.632, MACD = -0.003, ADX = 25.040), under both the 1D MA50 and 1D MA200. The LL was made marginally over Fibonacci 2.0 extension, so there is a strong symmetry with the prior...
I hope everyone enjoyed the Gold bat yesterday, I felt nervous about publishing it as everyone in the chats was saying to buy gold at the news. Anyway, all was good, and all the guys at XAU USD Elite earnt lots of lovely profit. It proves that if your strategy is sound then you always go with it, do not be swayed by others. Anyway, here we are with the AUD USD,...
We maintain the same bearish outlook on aussie.After the A,B,C correction, market is expected to resume its downward toward the target zone.
Hello, Welcome to this analysis about AUDUSD on the 4-hour timeframe perspectives. As I detected AUDUSD in recent times is showing up with a considerable formation that has a high likelihood to move into a great opportunity with solid potentials. Therefore as when looking at my chart we can watch there how AUDUSD moved on to build up above the 0.7 level and...
AUD/JPY currency pair is trading at around the marked levels. Please read the analysis on the chart, as well as the explanations in the comments. Thank you. Technical Analysis: On the 30-minute chart, the AUD/JPY currency pair is trading in a bullish trend. The price is above the 50-period and 200-period simple moving averages. The MACD indicator is also...
Hello Traders! ON 5 Sep, The AUDUSD Reached a Support Level ! The Descending Channel is Broken🔥 So, I Expect a Bullish Move📈 i'm waiting for retest... ----------- TARGET: 0.64780🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
The AUDJPY pair has turned the 1D MA50 (blue trend-line) into Support since last week's bullish break-out signal above the Lower Highs trend-line. That is a major bullish continuation call following the bottom on the 3-month Higher Lows Zone on March 27. The dashed Higher Lows has been supporting this uptrend and this seems to be the new bullish leg. The previous...
OANDA:AUDUSD scalping fractals signal Fractals market | price action | support and resistance | fibonacci | fractals multi timeframes
Hello, Welcome to this analysis about AUDUSD and the 4-hour timeframe perspectives. When looking at my chart we can watch there how AUDUSD is building this huge broadening-wedge-formation in the structure marked with the blue boundaries. Besides that AUDUSD has begun with this major wave-count to the upside and the wave-A already established. The wave-B is now...
AUDNZD is retesting a recently broken horizontal resitance. The price formed a double bottom pattern on that on an hourly time frame. Its neckline has just been broken. I believe that it is a good moment to buy the pair now. Goal - 1.0914 ❤️Please, support my work with like, thank you!❤️
GBPAUD broke and closed below a solid rising trend line on a daily. That violation is the sign of strength of the sellers and implies at least a local change of character. Probabilities will be high that the pair will drop lower. Next support - 1.91 For entries, consider an occasional retest of a broken trend line. ❤️Please, support my work with like, thank you!❤️
OANDA:AUDUSD AUDUSD Trading Fractals Analysis After reaching the price of 0.63804 in the US cpi news and returning to the monthly base trend line, the Australian dollar has the possibility of falling to the monthly price range of 0.63716. The analysis is valid until the end of the week .
The AUDUSD pair delivered us an excellent sell signal on Aug 02 (see chart below), hitting our 0.6400 target: The price has now been consolidating at the bottom of the 7-month Channel Down on Lower Lows and with the 1D RSI on Higher Lows at the same time, we have a strong Bullish Divergence at hand. The Lower Highs leg that bottomed on March 08, reached the...
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.