The Australian Central Bank has again raised its benchmark interest rate to suppress inflation that continues to soar. It was the third consecutive increase in the Reserve Bank of Australia's (RBA) monthly meeting. Closing its meeting on Tuesday (5 JULY 2022), the RBA raised interest rates by 50 basis points to 1.35%, marking a 125 basis point gain since May and...
Seems like a pretty clean bounce off of support. Let's see what happens.
After AUDNZD, rejected from my rejection/supply zone. It formed a low which then projected AN into 1.10700, out of this I’m expecting a double top formation from this setup to respect last week’s support and resistance trend.
it seems wave 4 is ending and we have to wait for impulsive wave 5
Hey traders, Here is our analysis on AUDNZD. The level where the price is trading right now is peculiar and the price will most likely retrace from that. Like & Comment Our Analysis, Please! ❤️ Please, support our work with like & comment! ❤️
#GBPAUD Looking for Sell trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Ichimoku analysis on Gbp/Aud shows that there is strong support (in the blue box), where the push, kijun and kumo seem to form a flat line. Areas like this are usually strong areas. Seeing the ichimoku cloud is also starting to thicken for an early sign of buying influence. It's better to keep waiting for a bullish candle to confirm the entry of a strong buyer.
Looking at this chart, it is clear that the Gbp/Aud pair is ranging. Since the beginning of April until now, it has been 2 months Gbp/USD has not seen any movement that can penetrate this ranging box. This pair is my main concern. Looking at the length of time ranging, we can be sure that when a breakout occurs, the momentum will be extraordinary, we can join the...
EURAUD - Intraday - We look to Buy at 1.5100 (stop at 1.4980) Previous support located at 1.5150. Previous resistance located at 1.5250. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 1.5250 will confirm the bullish momentum. Our profit targets will be 1.5375 and 1.5400 Resistance: 1.5250 /...
Hello Traders, This is an intraday operation on gbpusd. Today prices reached my attention levels on London opening bell 1.2065-1.2045 targeting 1.219 RSI oversold on 30 minutes timeframe.
💬 Hi traders. I use the supply-demand method for my analysis. Check the lower timeframes for confirmation and entry. (5m,1m) 💬 What do you think about this setup? 💬 Everything I share is how I trade personally. 😉 Enter the trade by checking yourself.☑️ Do not put more than 3% of your capital at risk! ❌
In this update we review the recent price action in the EURAUD and identify the next high probability trading strategy and price objectives to target
The situation of the Australian dollar against the Canadian dollar is not good at all... And the trend in the daily time frame continues to decline So any pullback in lower time frames is a good opportunity to SELL For now, I'm waiting for it to pullback on the last floor it passed
euraud buying opportunity based on smart money concept great risk to reward trade
AUDCHF on the daily chart is testing a weekly support. The price after a series of lower low went for the last test of the 0.70500 area and search for the liquidity for the next bearish move. How can i approach this scenario? I will wait for the break below the structure and in that case i will look for a nice short order according to the Plancton's strategy...
Australia’s central bank hikes interest rates for the third month in a row. AUD KEY POINTS: Wrapping up its July policy meeting, the Reserve Bank of Australia lifted its cash rate by 50 basis points to 1.35%, marking 125 basis points of hikes since May and the fastest series of moves since 1994. “The Board expects to take further steps in the process of...
This is for short term. Before entering the trade do your own research.