Looking simply at trend and technical. While Gold continues to rally, I thought to just wait, but I do believe this is the true trend for Gold and AUD happens to be reacting sooner. Not a fortune teller so lets see what happens
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.66300 zone, EURAUD was trading in an uptrend and successfully managed to break it out, currently is in a correction phase in which it is approaching the retrace area at 1.66300 support and resistance area.
Trade safe, Joe.
EURAUD - 24h expiry - We look to Buy at 1.6475 (stop at 1.6415)
Broken out of the channel formation to the upside.
RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending.
Risk/Reward would be poor to call a buy from current levels.
A move through 1.6600 will confirm the bullish momentum....
Throughout the years I have normally traded GBPAUD opposite whatever bias I have for Gold being AUDs dependance on metals. Looking to sell off GBPAUD .
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.87000 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is in a correction phase in which it is approaching the trend at 0.870000 support and resistance area.
Trade safe, Joe.
I'm thinking short-term, many markets are closed, but this could be good for today! However, let's be cautious because a sudden spike could come at any moment! We are still within the daily range! GO FOR IT!
We saw some JPY strength last week and I think we could be starting to see reversal, however my confirmation of this will be below 93 support.
Even though BoJ hasn't intervened yet, there was a lot of buying in the week which we saw against the USD, I still expect BoJ intervention soon.
Nice pinbar rejection on the 4HR from my resistance block.
Looking for a...
Price action analysis for AUDUSD.
Daily/4h time frames analysis.
Important key levels.
Bullish outlook explained.
❤️Please, support this video with like and comment!❤️
According to Ingulf and the clearing of buyers at 0.63, the price needs to provide the fuel for its main downward movement with Hunt's higher liquidity.
The possible area for the main long-term TB is marked with respect to the left of the price
Not financial advice
Hey traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.65850 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.61850 support and resistance zone.
Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 94.600 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 94.600 support and resistance area.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDUSD for a buying opportunity around 0.63600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.63600 support and resistance area.
Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDNZD for a buying opportunity around 1.06200 zone, AUDNZD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.06200 support and resistance area.
Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.86500 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.86500 support and resistance area.
Trade safe, Joe.
Today's focus: GBPAUD
Pattern – LH Trend continuation
Support – 1.8935
Resistance – 1.9185
Hi, and thanks for checking out today's analysis. The GBPAUD daily is today's focus. What has our attention is the possible continuation that's setting up. This looks to be a bearish continuation at this point, but we want to see price hit a new lower low for the week to...
Once again we saw AUD/JPY rally above 96 before reversing lower, which is a pattern we have seen occur four times since January 2022. A shooting start reversal formed on Friday and the cross fell around -4% Tuesday’s low, breaking a bullish trendline before finding support at the 200-day EMA, February high and 96 handle.
We’ve seen two modest up days since,...
