Hey Traders, in today's trading session we are monitoring AUDUSD for a selling opportunity around 0.65300 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65300 support and resistance area. Trade safe, Joe.
Here is my outlook on AUDUSD. Price recently got rejected at a Monthly Bisi which is also a Weekly Orderblock, and started to shape some up movement. My bias for this to continue is that buyside trendline liquidity residing above, coupled with the significance of a higher timeframe Discount Array. On the lower timeframes there is more buyside liquidity engineered...
The AUDJPY pair has recently hit our long-term bullish Target of 99.300, which we set on our last trading idea (December 18 2023, see chart below): That was at the top (Higher Highs trend-line) and the 1.136 Fibonacci extension of the 9-month Channel Up. We are technically expecting a pull-back now towards the bottom (Higher Lows trend-line) of the Channel Up...
GBPAUD - 24h expiry Price action has continued to range within a rectangle formation. A lower correction is expected. Risk/Reward would be poor to call a sell from current levels. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9385. We look to Sell at 1.9385 (stop at 1.9425) Our profit targets will be 1.9285 and 1.9265...
Hello Traders AUD/USD moving down in 5 Elliot wave impulse waves. After the first 5 wave impulse, AUD/USD made an ABC correction. Afterward, we faced a big drop in AUD/USD indicating that the price desires lower levels and has started another 5-wave impulse. So we believe every correction is a sell opportunity for this pair. Our technical view has been shown...
Hello Traders it looks like AUD/NZD is starting a new wave dive down into 1.035. The first correction wave A has been established then the price has made a horizontal triangle as wave B, by breaking down the horizontal triangle AUD/NZD has made a new wave down as C. Our technical view has been shown in the chart. If you like it then Support us by Like,...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 AUDUSD has been overall bullish , trading within the rising wedge pattern in red. Currently, AUDUSD is approaching the lower bound of the wedge. Moreover, it is retesting a strong demand in green. 🏹 Thus, the highlighted red circle is a strong area to look for buy setups...
AUDUSD - 24h expiry The primary trend remains bearish. The rally has posted a correction count on the daily chart. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Risk/Reward would be poor to call a sell from current levels. Bespoke resistance is located at 0.6560. We look to Sell at 0.6560 (stop at...
In the United States, traders are awaiting insights from Federal Reserve policymakers, particularly Chief Jerome Powell, scheduled to speak on Friday. Fed members Bostic and Cook will also appear on Monday. Economic data in Europe will be limited this week due to the Easter break, with major bourses closed for Good Friday and Easter Monday. Perhaps the only...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Likely just gonna play along with this range formed on higher timeframe. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an...
Hey Traders, in the coming week we are monitoring AUDUSD for a selling opportunity around 0.65250 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65250 support and resistance area. Trade safe, Joe.
My analysis on GBP AUD, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
We updating last chart of AUD USD, and adding one more position. I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
We updating last chart of AUD CAD, and adding one more position. I use Fibonacci to get these extreme points and my preferred one is 75% retracement, with a risk-reward of 1:3. Trade carefully This is not financial advice, DYOR.
The AUD/JPY pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Buy Entry: Consider entering a long position (buying) around the current price of 97.77,...
Hey Traders, in today's trading session we are monitoring AUDUSD For a selling opportunity around 0.65900 zone, AUDUSD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.65900 support and resistance area. We would also consider the current bearish momentum on Gold and indices since AUDUSD have a positive...
GBPAUD - 24h expiry Continued upward momentum from 1.9380 resulted in the pair posting net daily gains yesterday. A Fibonacci confluence area is located at 1.9100. Selling spikes offers good risk/reward. Bespoke resistance is located at 1.9537. There is scope for mild buying at the open but gains should be limited. Intraday signals are far from strong. We...
The AUDUSD pair is forming today a 1D Death Cross, as the 1D MA50 (blue trend-line) is crossing below the 1D MA200 (orange trend-line), for the first time in 11 months (since April 14 2023). Obviously it is a major technical sell signal and in fact the price action since the start of the year (Channel Down), is very similar to the one of early 2023. The 1D RSI...