The Aussie (AUD/USD) could rise towards a potential breakout level and climb higher from here should we see a hawkish monetary policy statement at 3:30 am GMT as well as a hawkish press conference by RBA Governor Michele Bullock at 4:30 am GMT. Buy entry is at 0.65826 which is a potential breakout level. Stop loss is at 0.65220 which is a level that lies...
After breaking 0.6550 level, Aussie retested this level and ready to strong again. ABCD pattern can firm and push Aussie higher. Trade safe. Good luck.
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 97.325 which is a pullback support that aligns with the 61.8% Fibonacci retracement level. Stop loss is at 96.750 which is a level that lies underneath a swing-low support. Take profit is at 98.129 which is a pullback resistance that aligns...
The Aussie (AUD/USD) has broken below the level of 0.65321 which has been identified as a pivot point. Could price potentially fall all the way down to the 1st support? Pivot: 0.65321 Support: 0.64803 Resistance: 0.65888 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to...
The Aussie (AUD/USD) could fall towards a pullback support at 0.64962 which has been identified as a pivot point. Could price potentially bounce off this level to climb higher? Pivot: 0.64962 Support: 0.63499 Resistance: 0.66507 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can...
The Aussie (AUD/USD) could fall towards an overlap support at 0.65301 which has been identified as a pivot point. Could price find support around this region before potentially bouncing higher? Pivot: 0.65301 Support: 0.64803 Resistance: 0.65887 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with...
AUD/USD could rise towards an overlap resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 0.65827 Why we like it: There is an overlap resistance level Stop Loss: 0.66248 Why we like it: There is a pullback resistance level Take Profit: 0.65307 Why we like it: There is an overlap support that aligns close to the 78.6%...
EUR/AUD could rise towards a pullback resistance and potentially reverse off this level to drop towards our take-profit target. Entry: 1.65590 Why we like it: There is a pullback resistance level Stop Loss: 1.65909 Why we like it: There is a pullback resistance that sits above the 50.0% Fibonacci retracement level Take Profit: 1.64503 Why we like it: There is a...
The Aussie (AUD/USD) has been ranging between 0.65888 and 0.66507 since 7th March. Could price rise towards an overlap resistance level at 0.66507 that aligns close to the 50.0% Fibonacci retracement level? This level has been identified as a pivot point and price could stall around this region before potentially reversing to drop lower. Pivot: 0.66507 Support:...
AUD/JPY has reversed off a pullback resistance and could potentially drop lower from here. Sell entry is at market (97.359). Stop loss is at 97.850 which is a level that sits above the 61.8% Fibonacci retracement level and a pullback resistance. Take profit is at 96.896 which is a pullback support that aligns close to the 61.8% Fibonacci retracement level. ...
Is the AUD/JPY the trade to make at the beginning of the coming week? Both the BoJ and the RBA are delivering their latest interest rate decisions on Monday morning, 30 minutes from each other. The Bank of Japan is up first, at 11:00 pm on Monday (US time UTC –4). The Reserve Bank of Australia follow at 11:30 pm. What's expected from each bank? According...
AUD/JPY is showing a strong bullish momentum and could make a continuation towards our take-profit target. Entry: 97.692 Why we like it: There is a strong bullish momentum Stop Loss: 97.237 Why we like it: There is a pullback support level Take Profit: 98.132 Why we like it: There is a pullback resistance that aligns close to the 61.8% Fibonacci retracement...
The Aussie (AUD/USD) could rise towards an overlap resistance level at 0.6650 which has been identified as a pivot point. Could price stall around this level once again and potentially reverse to drop lower towards the 1st support? Pivot: 0.6650 Support: 0.6480 Resistance: 0.6726 Risk Warning: Trading Forex and CFDs carries a high level of risk to your...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.66440 which is a pullback resistance. Stop loss is at 0.66830 which is a level that sits above the 50.0% Fibonacci retracement level and the swing-high resistance. Take profit is at 0.65578 which is an overlap support that...
The Aussie (AUD/USD) is rising towards an overlap resistance and could potentially reverse off this level to drop towards our take-profit target. Entry: 0.66561 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Stop Loss: 0.67259 Why we like it: There is a pullback resistance that aligns close to the 61.8%...
The Aussie (AUD/USD) is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 0.65212 which is a pullback resistance that is bounded by the descending trendline. Stop loss is at 0.65452 which is a level that sits above the 50.0% Fibonacci retracement level and a pullback resistance. Take profit is at...
AUD/JPY is falling towards a potential breakout level and could drop lower from here. Sell entry is at 97.361 which is a potential breakout level (wait for the current 1-hour candle to close below 97.361 for confirmation of the bearish breakout). Stop loss is at 97.900 which is a level that sits above a pullback resistance. Take profit is at 96.850 which is an...
AUD/JPY could fall towards a potential breakout level and fall lower towards our take-profit target. Entry: 97.360 Why we like it: There is a potential breakout level (wait for 1-hour candle to close below 97.360 for a breakout confirmation) Stop Loss: 97.815 Why we like it: There is a pullback resistance level Take Profit: 96.849 Why we like it: There is an...