Hello traders: Here on NZDUSD, we can see price is currently consolidating in a possible bearish correction structure. After the initial bearish impulse move, the price fails to break the previous swing highs, and begin to form the current correction. This is usually a good sign that the bearish momentum is still strong and more continuation is very...
GBPAUD - 24h expiry - We look to Sell a break of 1.8350 (stop at 1.8450) Previous support located at 1.8350. Previous resistance located at 1.8450. We expect a reversal in this move. Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. Price action looks to be forming a top. A move through 1.8350 will confirm...
Lookinh for a nice sell entry on the retest of the broken support turned resistance. HTF analysis also shows a strong move to the downside. I will only enter when price respects the resistance and shows signs of rejection.
Our AUDUSD Analysis is still valid, We are currently waiting for the market to drift lower to hit our entry point(s) Our POI (Point of Interest) are: Buy @ 0.66065 and 0.65920 TP1 0.67195 TP2 0.68250 TP3 0.69750 TP4 - Leave something running if price action is favorable. There are many fundamentals which play in favor of AUD strenght. Lets see how it plays...
AUDUSD pair successfully broke below the wedge pattern as I mentioned in the previous analysis. However, it seems that more liquidity is needed to support the downward movement. It's likely that the price will undergo a corrective movement towards the level of 0.6680, which is a very important level where the broken trendline, Fibonacci level 23.60, and the moving...
AN will be generally down trend on daily. h4 bouncing in range, either we will see a breakdown from 1.07 or returning back to range.see what fits your strategy and trade accordingly... 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 can gift me some coins...
Hey Traders, in the coming week we are monitoring AUDJPY for a selling opportunity around 88.300 zone, AUDJPY is trading in a bearish channel and now seems to reject the channel support and feels a need of correction before hitting the channel resistance around 88 resistance zone. Fundamentally we still see that JPY and CHF are attracted by investors as they are...
The AUDUSD is moving sideways in a continuation flag pattern. However, there is a clear resistance from top to bottom on the daily timeframe. If we look at the 4-hour timeframe to analyze the upcoming movement, we find that the price is touching the local uptrend line and also the 50 and 100 moving averages for the 4-hour timeframe. From here, I expect the price...
The AUDCAD pair is about to complete a Head and Shoulders (H&S) pattern, trading within the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line). The 1W RSI is far from its Buy or Sell Zone (long-term) so on the more medium-term the best approach is to trade the break-outs. The neckline of the H&S is at 0.933250 so a candle close above it invalidates the...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. AUDJPY has been overall bearish trading inside the falling orange channel, however it is currently approaching the lower orange trendline. So we will be looking for buy setups. Moreover, the green zone is a strong support and demand. 🏹 So the highlighted purple circle is...
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for sell.
From previous outlook and forecast, we can see price has indeed pushed lower impulsively on the mid time frame. Now we can see price has already break previous lows, and start to consolidate again. This is good sign for more downside from the price, as long as a continuation correction is formed here. This week, wait for the correction to complete, to confirm...
AUD/USD is hinting at a potential swing high on the daily chart. And if my hunch that the Fed won’t be as dovish as market pricing currently suggest, it leaves room for USD strength and a lower Aussie. AUD/USD seems to have completed a 3-wave retracement which perfectly respected a 38.2% Fibonacci ratio. Our bias remains bearish beneath the cycle highs, and we...
EUR/AUD closed lower for five consecutive days last week during a week of volatility and turbulence. With the Fed and five other central banks announcing a coordinated effort to provide liquidity for US swaps, and UBS agreeing to purchase Credit Suisse over the weekend, perhaps there's potential for it to confirm a swing low. Last week's low found support at the...
Hello,Traders! GBP-AUD broke a strong Horizontal resistance level Which has turned into the Support level now and and As the title says the breakout Is confirmed even on the 2D Timeframe so we are Strongly bullish biased Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66800 zone, AUDUSD is trading on an uptrend and now seems to be in a correction phase in which is approaching the major trend around 0.668 Support and Resistance zone. Fundamentally last day FOMC was just dovish and fed seems to slow down, considering also the...
It is possible that there will be a correction from Fibo 1.61 to Fibo .618
Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.91200 zone, AUDCAD is trading in an uptrend and extending pullbacks seems to be approaching the major trend around 0.912 support zone. I would also to take a look at the stock market as it does correlates positively with AUDCAD. so if indices go bullish that should...