Hello,Traders! AUD-CAD went up to retest The horizontal resistance Of 0.8906 from where we Are already seeing a Bearish reaction so I Think that the pair Will go further down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Hello traders! ‼️ This is my perspective on EURAUD. Technical analysis: Here I think we are bearish, so I look for a short position if price fulfills the imbalance higher and then rejects from bearish order block. My target is liquidity below equal lows. Like, comment and subscribe to be in touch with my content!
My dear followers, This is my opinion on the EURAUD next move: The asset is approaching an important pivot point 1.6484 Bias - Bullish Safe Stop Loss - 1.6417 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.6569 About Used Indicators: For more...
In the 4-hour period, it is moving in an ascending channel, which can correct its previous wave up to 61.8 and then enter the correction phase of its previous wave. Therefore, if there is a reaction in the specified limits by forming a negative divergence in the macd oscillator, the return wave can continue up to the green box range. In addition, the return wave...
Script shows divergence at 4H TF. Price action already made a HH and HL. Will execute a buy stop at the breakout of HH. Will it work, what do you all think?
I really like how AUDNZD reacted to a key horizontal support on a 4H time frame. After its test, the pair started to consolidate and formed a horizontal range. Breakout of the resistance of the range was a strong bullish signal. We see a positive bullish reaction now and can anticipate a further growth. Goals: 1.0814 / 1.0828 ❤️Please, support my work with...
The price is currently forming a symmetrical triangle chart pattern on the Daily Time Frame (DTF) for AUDNZD. The strategy involves waiting for the price to convincingly break the descending trendline (TL) and exercising patience within the demand zone before initiating a trade. This analysis is particularly relevant on higher timeframes such as H4 and...
Preferred direction: SELL Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144 , which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall. The resistance level of 0.61263 is unlikely to be overcome,...
Preferred direction: SELL Comment: Today, a number of important data are expected to be published. We will be especially interested in data from the USA , which is the most sensitive for the market. We continue to consider the AUDUSD currency pair for sale from the level of 0.65848 . According to the main scenario, sales are already active. The second...
AUDCAD is on a bearish trend on HTF but currently on a retracment. Giving us HH and HL which makes it bullish on the smaller TF Price retracing to the LQ found @0.88664. Im looking at it grabbing that and moving down to the OB below before buying up. Looking at entry @0.88583 We wait to see market reaction on that block.
OANDA:AUDNZD in daily timeframe has a validated double Top pattern, that's more clearer on the 4HTF. While on the 1HTF, price makes an impulsive move, after which it enters the consolidation phase, Anticipating for a test of the upper trendline on 1HTF then followed by a signal to go short.
hello everyone, so far the monthly and weekly candles are bullish... price is overbought in smaller timeframe... price may do some correction in smaller timeframe so you can get in as low as possible... other causes of correction could be the news.. AUD and CAD news can manipulate the price.. overall we still need to wait on the monthly candle closing bullish. good luck
Hello,Friends! The BB upper band is nearby so AUD-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 95.763. ✅LIKE AND COMMENT MY IDEAS✅
Dear traders, Dive into the AUD/CAD realm with a blend of geopolitical insights and technical signals: Before we venture into any further downward potential, keep a close eye on the critical level around 0.8822 for potential breakthroughs. Here's the geopolitical and technical mix in our AUD/CAD analysis: Geopolitical Considerations: Wednesday's Bank of...
The H4 analysis of the Euro/Australian Dollar exchange rate points to a negative trend, with the price currently undergoing a Fibonacci retracement at the 0.62-0.79 level. I anticipate a potential bearish momentum for the pair with a potential target of 1.6270, representing an area of liquidity that has yet to be explored. However, it is crucial for the price to...
✅AUD_NZD has retested a key resistance level of 1.0833 And as the pair is already making a bearish pullback A move down to retest the demand level below at 1.0800 is likely SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
EUR/AUD could fall towards a pullback support and potentially bounce higher towards our take-profit target. Entry: 1.64916 Why we like it: There is a pullback support level Stop Loss: 1.64530 Why we like it: There is a pullback support that lies under the 38.2% Fibonacci retracement level Take Profit: 1.66170 Why we like it: There is a pullback resistance...
AUD/JPY could fall towards a pullback support and potentially bounce higher towards our take-profit target. Entry: 96.649 Why we like it: There is a pullback support that aligns with the 100.0% Fibonacci projection level Stop Loss: 96.143 Why we like it: There is a swing-low support that lies under the 127.2% Fibonacci extension level Take Profit: 97.748 Why we...