Stong Support at key resistance SMC and Strong in AUD Analysis Date: 2Apr 2023 Buy Limit 0.65843 TP1 0.67514 TP2 0.68782 TP3 069855 SL 0.64892
Ok, I posted a short analysis of this symbol a few minutes ago, you can go to my profile and see it, and now I want to post a long analysis of this symbol to introduce potential points for buying! Please place a limit position of 0.5% of your total balance in each of the specified areas and specify the stop loss and target values exactly as shown in the...
Hi everyone I think that we can take a short position with a higher risk than usual up to the specified targets. Entry point - targets and stoploss are clearly defined. Please have capital management and do not enter more than one percent of your capital in any position. Note: When the price reaches our first target, we close half of our position in profit and the...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.667 zone, AUDUSD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.667 support zone. if the rejection is confirmed i would consider 0.675 as a target as it's considered the channel resistance and the next major supply...
TP4 @ 0.7585 TP3 @ 0.7315 TP2 @ 0.6866 TP1 @ 0.6550 BSO @ 0.6160 BLO @ 0.6095 SL @ 0.6080 ADDITIONAL INFO: This is a slow moving pair, so use a conservative position size—no greater than 2% of the Net Asset Value of your trade account. Also, I'll be shaving 50% of my BUY POSITION @ each TP. After Price Action pulls back from that TP, I'll be placing a new BUY...
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.90000 zone, AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.90 support and resistance zone. we would also recommend to keep an eye on the stock market as American indices are positively correlated with the...
Trade Idea: Selling AUDJPY Reasoning: Intraday reverseal, break of a short term channel. Entry Level: 88.906 Take Profit Level: 87.44 Stop Loss: 89.42 Risk/Reward: 2.8:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The...
AUDUSD - Prices spiked higher and stalled at resistance in early trade. Further selling pressure led to a reversal in price action. The 200 day moving average should provide resistance at 0.6731. The medium term bias remains bearish. Previous resistance located at 0.6755. Preferred trade is to sell into rallies. 24h expiry - We look to Sell at 0.6755...
Time – 4 April @ 14:30 AEDT In the March RBA meeting minutes, the RBA noted policy was now in restrictive territory and they would “reconsider” the case for a pause in the April meeting. Is there enough new information to compel this pause? Market expectations - hike or a pause? The market prices just 4bp of hikes for this meeting, equating to a 16% chance of...
Fundamental Backdrop 1. China's Purchasing Managers' Index (PMI) beat expectations, indicating that the economy is improving faster than expected 2. This can help further strengthen the AUD because China is Australia's largest trading partner. Technical Confluences 1. Price at the 0.67200 support level 2. Near term resistance at 0.67500 Idea With a medium...
AUDJPY is now in a major uptrend. It has shown to go up for a while, and it just recently broke above a major high with a push from something that looks like an ascending channel. With that being said, the best bets are to buy as long as the market keeps showing bullish power.
Good Night :) AUDCAD has been examined in different dimensions: 1- Strong supply and demand levels that I identify with my own indicator and system. 2- The structure of recently formed waves 3- Current market momentum 4- The structure of classical and price patterns In this idea, I identified the direction of the market in different ways and in the second step,...
AUDNZD is trying to reverse it's long term trend and may target back peak at 1.11. Bounces off support / order block level. Spotted at 1.7624 SL at 1.69 TAYOR.
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.906 zone. AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.906 supply and demand zone. if the rejection is confirmed i would set 0.93 as a a target as it's considered the next major resistance AUDCAD will be...
Fundamental Backdrop 1. The AUD CPI y/y dropped from 7.4% to 6.8%, which is also worst than expected of 7.2%. 2. This suggests that the Australian economy is not doing as well as previously thought. 3. It could lead the RBA to lower interest rates in the future which could lead to a depreciation of the currency. Technical Confluences 1. Price at the 0.67100...
The AUD CPI y/y was released at 6.8% (Forecast: 7.2% Previous: 7.4%) which indicates a significant slowdown in inflation growth for the Australian economy. Following the data release, the AUDUSD traded slightly lower from 0.6710 down to 0.6690, as the slowdown in inflation growth signaled the increased potential for the RBA to pause on future rate hikes....
in my opinion aud jpy will falldown from this point or the next resistance so we have to entery point each have stop loss
Trade idea: wait for market to break support, wait on re-test after wick rejection at zone of resistance enter bearish SL above structure TP 3x risk else, Wait for market to retract to resistance after wick rejection wait for break of support level and on retest wait for wick rejection this will give enough confluence to enter short SL above structure TP 3x...