Cette paire semble continuer sa descente. La tendance est donc baissière.
The AUDUSD pair is trading within a Channel Down pattern since the February 14 High and currently is close to completing the Bearish Leg to the new Lower Low. Our target is 0.64000, just above Support 1, where we will turn bullish again. The 1D RSI below 30.00 will be the ideal buy signal. The buy's target will be 0.66250, always below the 1D MA100 (green...
Fundamental Backdrop RBA Gov Lowe spoke today He mentioned "Very Much in Data-Dependent Mode on Interest Rates", " "Monetary Policy in Restrictive Territory" This means that the RBA is closely monitoring economic data and could potentially continue increasing interest rates CPI y/y also increased from 6.3% to 6.8%, this shows inflation is still on a strong...
AUDJPY has now had two rejections in less than a week on the 1D MA200, which is also at the top of the six month Channel Down pattern. The 1D technicals have already turned neutral (RSI = 50.136, MACD = 0.500, ADX = 19.362), the 1D RSI has been trading sideways inside a Rectangle while the price was on HH/ HL, which indicates a Bearish Divergence and the...
AUDUSD - 24h expiry Selling pressure dominated price action yesterday and we expect this to continue today. Previous support located at 0.6490. The hourly chart technicals suggests further upside before the downtrend returns. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although...
Cette paire doit probablement maintenir sa remontée. La tendance est plutôt haussière.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. Here is a detailed update top-down analysis for AUDNZD . Which scenario do you think is more likely to happen? and Why? Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
EURUSD made a lower high yesterday and we now see a test of 1.0700 again. We continue to watch for a breakout and exhaustion of the move. While we wait for clear opportunities in the major pairs we are trading EURAUD where we are seeing a pullback from the support zone. (We shared about this movement in yesterday's email.) If the EURUSD continues to hold at...
Hey Traders, in tomorrow's trading session we are monitoring AUDCHF for a selling opportunity around 0.59250 zone, AUDCHF is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.59250 support and resistance zone. Trade safe, Joe.
Instructions: 1)The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal. 2) Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone. 3) The Forex Stochastic Oscillator (Stoch) helps identify buy and sell moments based on comparing the current price...
We are closely observing the AUDUSD pair for a potential selling opportunity within the 0.66600 zone. As AUDUSD continues to trade in a downward direction, it is presently undergoing a correction phase, gradually nearing the crucial trendline at the 0.666 level, which acts as both a support and resistance area.
Hey Traders, Check this analysis on AUDUSD out. The pair just broke below the daily support zone and now i am anticipating for a 50% to 61.8% correction touching the supply area for a nice and smooth sell opportunity. Provided that DXY remain strong. Keep a close tab on this as well.
Fundamental Backdrop RBA Gov Lowe speaking on Wednesday. He repeated that the RBA would have to resort to the only “blunt instrument” at its disposal, which was to keep increasing interest rates. Previously an increase to the interest rates only caused the AUD to weaken further. Technical Confluences Near-term resistance level at 0.65700 Near-term...
GBPAUD potential leg down 1:2 RRR Bouncing off huge trendline + retest of weekly support/resistance level
We are in a downtrend, price has broken strong support, and now we are waiting for a pullback till at 0.66 psychological price and 61.8% fibb, near this price is also a broken structure so let's wait for the market to react. Remember: Take some profits if the trade is going as planned and move your SL to entry.
if it doesnt a pullback should be in place and then look for long **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you...
pullback should be coming in on euraud ,looking to take long on lower timeframe. Similarity on the gbpaud as well :) **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if...
Hey Traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89400 zone, AUDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.89400 support and resistance zone, i would also keep an eye on the stock market to confirm the bias as AUDCAD does correlate...