Hey Traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.58400 zone, AUDCHF is 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. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.86800 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86800 support and resistance area. Trade safe, Joe.
EURJPY was consolidating within a horizontal trading range for the entire September. The market finally dropped yesterday and successfully closed below the support of the range. The broken support now turned into a strong resistance. I will anticipate a bearish movement from that to 155.12 / 154.5 ❤️Please, support my work with like, thank you!❤️
I'm expecting a continuation to the downside due to general GBP weakness. BOA held rates at 4.1%, so did BoE 5.25%, however it looks like the UK is more likely to have a deeper recession. I think the pound is generally over expended so seeing further correction. We've retraced 38% of the Fib and looking like a doji forming on the 8hr, if it does I'm looking to short.
AUDCHF may have crossed over the 1W MA100 but eventually failed, also on the 0.5 Fibonacci level, and appears to be reversing. The technical outlook on the 1D time-frame is neutral (RSI = 55.574, MACD = 0.003, ADX = 42.778), so it is a valid sell entry. On top of that, every LH inside this 15 month Channel Down (exception Jan 23rd 2023) has been around the 0.5...
Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.63400 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.63400 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 93.600 zone, AUDJPY is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 93.600 support and resistance area. Trade safe, Joe.
AUDNZD broke and closed below a solid horizontal supply area on a daily. The broken structure turned into a resistance now. The market will most likely keep falling. Next goal - major weekly rising trend line. ❤️Please, support my work with like, thank you!❤️
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. As per my last analysis, we were looking for buy setups around the lower bound of red and orange channels. Now EURAUD is approaching the upper bound of the red channel. Moreover, the zone 1.665 is a strong resistance. 🏹 So the highlighted red circle is a strong area to...
After price broke structure to the downside, it retraced and formed liquidity below a supply zone that was left behind during the expansion. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
Before price broke structure to the downside, it formed liquidity and a massive imbalance right under an established supply zone. It preceded to break structure with momentum and has currently retraced back towards the supply zone. Price could now use this supply and liquidity to fuel its move down to take out the weak low.
Hello There! Within the forex market, I have spotted important bearish setups within the current market developments. One of them is JPYAUD because this pair remained in a steady downtrend for a very long period of time. Such long-lasting downtrends are not trends that reverse from one day to the other. Also, I have spotted the underlying fractal formations,...
The EURAUD pair is on a breadih 1D technical outlook (RSI = 41.370, MACD = -0.007, ADX = 32.977) as the price remains under the 1D MA100 after breaking the bottom of the dotted Channel Up on Friday. If it doesn't cross above the LH trendline (notice the similar pattern in the previous correction waves), it will likely test the 1D MA200 and S1, which can match the...
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.65200 zone, EURAUD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.65200 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow’s trading session we are monitoring AUDUSD for a selling opportunity around 0.64500 zone, AUDUSD 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 0.64500 support and resistance area. Trade safe, Joe.
Hello There! Welcome to my new analysis of EURAUD from the 4-hour timeframe perspective. In recent times the EXY, European Currency Index has shown up with crucial bearish inclinations which are pointing to a bearish market sentiment especially with massive inflation spreading like wildfire seemingly not reacting to exponential rate hikes pulled out by the ECB....
Hello There! Welcome to my newest idea about CHFAUD. In my recent analysis, conduction, and chart price-action I have detected important underlying trend dynamics and price action dynamics that are likely to alter the whole CHFAUD price action and trend that is currently ongoing. Currently, it is highly necessary conduction to consider if the CHFAUD current...
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...