AUDNZD in April bounced up from 1.05000 and came to 1.09600.
Then it has been retracing since May. You can see falling channel. I expect further price movement to 1.10500.
A question is how I can involve? Well, potential zone for buying is 1.07500 and 1.7100. (orange box)
That zone has been tested multiple times. Check it on D timeframe.
Hello traders! USDJPY shows a weakness on 113.000 right now.
The price is consolidating on a psychological number and it's near the trend line.
Also if we try to get fibonacci levels, it gives us 0.5% level which is important.
On day timeframe we can see candlestick pattern PINBAR.
There is explicit RSI bearish divergence.
Therefore all these confluences give...
Hey there! There are some ideas about EURAUD.
Since May EUDAUD is in DOWNTREND.
First of all price action made LH LL formation on D timeframe and made AB=CD.
Now price retraced to the 6.18% of AB=CD pattern where is a resistance
On this structure also a 1.49000 which is a psychological number.
We can see another a beautiful harmonic pattern which is formed on 4H...
Shortly, there is good opportunity to buy on GBPAUD. We can see swing level and fibo structure confluence. Also fibo extension seems perferct on this zone. Price on 1.7080 level shows big fibo 38.2% retracement.
Put the stop loss and take profit by your own point of view. Be carefully with NEWS.
GOOD LUCK in market!
On GBPAUD we see AB=CD pattern which just is compilted. That provides us opportunity to Sell.
On Daily chart there is 3.81% ratrecment level also there is structure. Look left.
We should wait for good signal kide of like Double top.
Don't forget about NEWS