Based on the technical analysis, and the recent minor fundamental news
AUDUSD looks bullish to me overall.
I think marketmakers will be pushing the pair up
That is why we are going long
Like and subscribe and comment my ideas if you like them!
Trade Signal Alerts On EURGBP
EURGBP is currently retesting a support level at 0.89574 after breaking out from a diagonal range at 0.90261.
Price moved in that matter creating lower lows to hit it's previous support price level at 0.88635.
Price is currently moving in a bearish direction. If price breaks the previous resistance level at 0.89454 acting...
When we have a look at the chart we can see that the price is trying to break below a resistance zone that held pretty good before. We can also see that the RSI indicator is very low. This is an indication that the price is going to revers. We can also see that there is a divergence happening if we open the MACD indicator. This are all good indicators that the...
On the daily time frame, the pair is moving in a downtrend, retraced back at Fibbo 23% to 50% level, and moving again to 23% level. The downtrend will target at 0% Fibbo level this time. Demand for Swissie remains strong from the month of February with continuity.
Price broke below the support waiting for the retest into 0.5/618 fib zone then will go short once I have the correct confirmation please let me know what you think of my setups would appreciate the feedback!
1:10 RR Ratio
Feeling positive about the US economy and believe that we can see this symbol reach the highs that was made before the crash at around 29 May 2020, if the channel can hold. Expect a 17% rise. This is just my personal opinion and my believe in the US economy.
EUR/USD (4 Hours) Starts to decline, but the recent upward trend remains unchanged
The euro/dollar weakened in early trading today, breaking away from a strong period and hitting a two month high on Friday. The expectation of a near-term break of 1.1111 is that we may see further gains in the short term. So while we see some downtrend, this looks like a buying...
We can look for accurate Sell entry after the price will make a false breakout of Support/Resistance Zone. Potential profit will be in 3...5 times bigger than risk.Thanks for your support!
The lack of the recent downtick illustrates the weakness of the GBPUSD pair ahead of the main figures for UK jobs. In consequence, 1,2660 and 1,2610 may entertain short-term sellers before being questioned with the horizontal area of 1,2605-1,2600. With below 1,2600, 1,2560 and 1,2465 prices falling, bears could become favourites.
When a pair rises after 1 2705,...
The last U-turn of AUDUSD from 0.6865/60 is not only a horizontal line about 0.6965 but a long five-week descending resistance line about.6975 more likely to please buyers than one horizontal line. In cases where bulls refrain from 0.6975 their favorites could be 0.7000 and 0.7050/55 in advance of the 0.7100, 0.7140 and 0.7205 successive numbers...