The Aussie has risen for a fifth day, but it is worth noting that minor rallies tend to peter out around the 5-6 day mark. Price action on the 1-hour chart also suggests the rally could be corrective, against its drop from 65c-63c. Given a bearish RSI divergence is forming on the 1-hour RSI (14) and the 50-day EMA resides around the weekly R1 pivot, we're...
The Aussie fell in line with our bearish bias last week, thanks to stronger-than-expected CPI data from the US and the Middle East conflict. Yet despite the risk-off sentiment, the Aussie held above 63c last week and formed a bullish engulfing day on Monday. A bullish engulfing candle also formed on the 4-hour candle, prices are back above the September low and...
I believe the GBP/AUD pair remains a favorable buy. It appears to be severely oversold, and on the larger time frames, it continues to exhibit a bullish sentiment. Over the coming weeks, which may extend to a total of 3-5 weeks, we anticipate movement towards our targets. It's advisable to monitor this currency pair closely, as it presents substantial upside...
Sell AUDUSD Bearish Channel AUD/USD - M30 Chart - Bearish Channel Formation. Its good chance to sell Now. Thank you.
EURAUD - 24h expiry There is no clear indication that the upward move is coming to an end. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. Risk/Reward would be poor to call a buy from current levels. A move through 1.6825 will confirm the bullish momentum. Short term RSI is...
Hey Traders, in today's trading session we are monitoring. AUDJPY for a selling opportunity around 95.100 zone, AUDJPY is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 95.100 support and resistance area. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDCHF for a selling opportunity around 0.56900 zone, AUDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.56900 support and resistance area. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a selling opportunity around 0.86700 zone, AUDCAD 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 0.86700 support and resistance. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring AUDNZD for a selling opportunity around 1.08600 zone, AUDNZD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 1.08600 support and resistance zone. Trade safe, Joe.
PA is already in the DEMAND ZONE, however, it's possible that it has a little more to go to the downside. So I've decided to TAKE A CHANCE at shorting low on the curve. ‼️ THIS IS AN AGGRESSIVE SHORTING OPPORTUNITY ‼️ SSO @ 0.6415 ⏳ TP1 @ 0.6315 ⚠️ TREND — Momentum: Big Picture Uptrend — Price Action: Downtrend Retracement — CounterTrend: YES...
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity 0.63600 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.63600 support and resistance area. Trade safe, Joe.
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...
Price is currently making a complex pullback with its target being a deep 4h supply zone before its continued expansion up
Hey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.87500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.87500 support and resistance area. Trade safe, Joe.
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Buy EURAUD Channel Breakout EUR/AUD - M30 Chart - Channel Breakout AUD - Employment Rate - 20 Mins⚠️ its good chance to buy now thank you
Price has just recently had a MSS to the upside. It is now currently approaching a previously established supply zone that it could use to retrace into the deeper 4h structure to take out liquidity and mitigate a demand zone it left during the expansion. It is this very same demand zone that price could use to expand further up to take out the external daily swing high.
Hey Traders, in today's trading session we are monitoring AUDCHF for a selling opportunity around 0.57400 zone, AUDCHF is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.57400 resistance area. Trade safe, Joe.