The AUDUSD pair followed our previous signal with great precision (March 19, see chart below), hitting the 0.63750 Target: Following that, the price rebounded and has so far been rejected yet again on the 0.5 Fibonacci retracement level. That is the strongest medium-term Resistance and a symmetrical sell level where the similar sequence of June - July 2023...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDCAD has been overall bullish, trading within the rising wedge in red. At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone. Moreover, it is retesting a strong resistance zone in blue. 🏹 Thus, the highlighted red circle...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDJPY has been overall bullish, trading within the rising wedge pattern in blue. Currently, AUDJPY is in a correction phase, approaching the lower bound of the wedge. Moreover , it is retesting a strong demand in green. 🏹 Thus, the highlighted blue circle is a strong...
AUDUSD is marginally bearish on its 1D technical outlook (RSI = 40.176, MACD = -0.001, ADX = 34.265) as it entered a Channel Down similar to those of August - October 2023 and April - May 2023. That is why we are expecting a bullish reveral the closer we get to the 1.236 Fibonacci extension. As long as the 1D RSI doesn't break into the oversold zone (<30.000), we...
The AUDJPY pair has recently hit our long-term bullish Target of 99.300, which we set on our last trading idea (December 18 2023, see chart below): That was at the top (Higher Highs trend-line) and the 1.136 Fibonacci extension of the 9-month Channel Up. We are technically expecting a pull-back now towards the bottom (Higher Lows trend-line) of the Channel Up...
Hello TradingView Family / Fellow Traders, 📈 AUDJPY has demonstrated an overall bullish trend, trading within the rising broadening wedge pattern in blue. Currently, AUDJPY is sitting around the lower bound of the wedge. Moreover, the 96.5 serves as a robust demand zone. 🎯 Therefore, the highlighted blue circle signifies a significant zone to consider for...
#AUDUSD UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #AUDUSD. AUDUSD was in the down trend and in the consolidation phase from couple of days. It breaks the Range zone below side and form a bearish candle. Here we can see that we had a strong order block, where we had a maximum...
#AUJPY UPDATE Hey Traders, Hope you are enjoying our trading analysis. We are here to update you about our another analysis about #AUDJPY. AUDJPY has done the change of character pattern in the HTF, also it take a bullish turn from the high probability order block. Here we can see that it is going up and following the bullish trend line. which confirm its...
AUD/USD: Navigating Market Swings Amidst Economic Indicators The Australian Dollar (AUD) has showcased its strength in the aftermath of the US Consumer Price Index (CPI) release. Despite an initial dip yesterday, the AUD demonstrated a robust recovery, maintaining its position within the 50% - 61.8% Fibonacci area. Supported by the 200 Moving Average and the...
Our last analysis on the AUDNZD pair was on November 16 (see chart below) and so far has hit one of our two targets: At the moment the price is struggling on the 1D MA50 (blue trend-line) - 1D MA200 (orange trend-line) Zone, where it has failed since Dec 13 and on every single candle to close it above the 1D MA50. If it does, expect the continuation of the...
The AUDJPY pair gave us the pull-back we wanted last time (November 03) and delivered a buy opportunity that hit our 97.675 target (see chart below): The price has since pull-back and rebounded just before testing the 1D MA200 (orange trend-line). Even though it is still restrained below the 1D MA50 (blue trend-line), as long as the 1D MA200 holds, we expect...
#AUDNZD UPDATE Hi team, hope you are enjoying your trading journey and our trading analysis. We are here to update you about our another analysis about AUDNZD. Traders, Anna is looking for #AUDNZD, soon we all will see a bullish momentum. Reason behind is that AUDNZD is on the major support level and forming a bullish engulfing. We will enter in this trade by...
#AUDJPY UPDATE Hi team, hope you are enjoying your trading journey. We are here to update our analysis about AUDJPY. Anna is monitoring the pair AUDJPY for upcoming week. AUDJPY will go down in upcoming week. Reason behind this is that. it breaks the trend line and now it's going to retest, also we had an order block, where we can see a good impulsive...
The AUDCAD pair is trading inside a Channel Down for the whole year. Today it hit the 1day MA100 for the first time in 3 months. After March 24th, all 1day MA100 tests have ended with huge price rejections. The lowest bearish sequence has been -3.14% and the highest -4.68%. Sell now and target 0.8515 (-3.14% decline). Previous chart: Follow us, like the...
AUDJPY is on a 1-2-3 pattern like the one in July, currently on the 3rd led down. This is basically resembling Descending Triangle pattern. One last bearish leg to give before it breaks upwards. Trading Plan: 1. Sell on the current market price. Targets: 1. 94.000 (Support A). Tips: 1. The RSI (1d) patterns between the two sequences are also similar both inside...
Likely more down side. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview!...
AUDUSD got rejection at the top of the medium term Channel Down and closed on the MA50 (4h) on Friday. This is negating a Golden Cross on the (4h) time frame. Trading Plan: 1. Sell on the opening market price. Targets: 1. 0.63300 (Support 1). Tips: 1. The MACD (4h) is on the verge of a Sell Cross, the same kind after the previous two Lower Highs on the...
AUDNZD is almost oversold on the 1D timeframe (RSI = 32.701, MACD = -0.002, ADX = 44.479) hitting yesterday the July 14th Low. The long term pattern started as a Channel Up but recently has switched to a Rectangle. The 1D RSI has been a Rectangle through the whole year and being on its bottom currently, calls for a buy. We are long, targeting the LH trendline (TP...