The Aussie (AUD/USD) is trading close to a pullback resistance and could potentially reverse off this level to drop lower towards our take profit target.
Entry: 0.67284
Why we like it:
There is a pullback resistance that aligns close to the 127.2% Fibonacci extension level
Stop Loss: 0.67929
Why we like it:
There is a resistance level that aligns with the 161.8%...
AUD/NZD is trading close to a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.08048 which is a pullback resistance.
Stop loss is at 1.08747 which is a level that sits above a pullback resistance and aligns with the 78.6% Fibonacci projection level.
Take profit is at 1.07425 which is a pullback support that...
Hello traders,
This is the Daily chart!
Regarding the daily chart, the bullish move that began in late September appears to be a correction rather than a sustained trend.
Introduction:
This analysis delves into the AUD/CAD outlook, focusing on supply and demand dynamics across various timeframes. Keep an eye on potential market reactions to the China...
After 3 try to break upper line of channel, AUDUSD has firm wedge top and has chance to fall to median line.
Heavy zone, no momentum and need to correct.
Trade safe.
Good luck.
AUD/USD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower towards our take profit target.
Entry: 0.67391
Why we like it:
There is a swing-high resistance that aligns with a confluence of Fibonacci levels i.e. the 61.8% projection and the 127.2% extension levels
Stop Loss: 0.68207
Why we like it:
There is a...
✅AUD_CHF is going down now
But a strong support level is ahead at 0.5716
Thus I am expecting a rebound
And a move up towards the target at 0.5760
LONG🚀
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AUD/CHF is rising towards a recent swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.58378 which is a swing-high resistance that aligns close to the 161.8% Fibonacci extension level (wait for 1-hour candle to close for entry confirmation).
Stop loss is at 0.58750 which is a level that sits 15 pips above a...
AUD/JPY is falling towards a pullback support and could potentially bounce off this level to rise towards our take-profit target.
Entry: 94.672
Why we like it:
There is a pullback support that aligns with the 61.8% Fibonacci retracement level
Stop Loss: 93.746
Why we like it:
There is a swing-low support level
Take Profit: 96.215
Why we like it:
There is an...
AUD/NZD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 1.07694 which is a pullback resistance.
Stop loss is at 1.08025 which is a pullback resistance that sits above the 61.8% Fibonacci retracement level.
Take profit is at 1.06910 which is a swing-low support level.
High Risk Investment...
✅EUR_AUD has made a bullish
Rebound just as I predicted
In my previous analysis but
Has not reached a falling resistance
From where I will be expecting
A bearish correction
SHORT🔥
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✅EUR_AUD is going down now
But a strong support level is ahead at 1.625
Thus I am expecting a rebound
And a move up towards the target at 1.640
LONG🚀
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✅AUD_JPY is trading along the rising support
And as the pair will soon retest it
I am expecting the price to go up
To retest the supply levels above at 96.00
LONG🚀
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✅EUR_AU D will be retesting a support level soon around 1.625
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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The pair is testing the broken support now resistance. I expect a rejection soon, it also has another resistance above: the bottom of the channel. It may try to test it. My SL triggers if the pair break up the horizontal resistance and a daily candles closes above it.
Keeping everything short Aussie Dollar is at two levels of resistance on minor structure. On major structure price is at a level of resistance, The Red Monthly TL. I am watching two levels above and below price. The above level is the High made on Wednesday. The below level is an 1H Imbalance. I have alerts on these two areas with a break above/below followed by a...
✅AUD_NZD was trading in
An uptrend along the rising
Support but now we are
Seeing a bearish breakout
So we are bearish biased
Now and we will be expecting
A further move down
SHORT🔥
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OANDA:AUDUSD
The overall trend for Aussie Dollar has been bullish. There has yet to be a break in structure to tell us the Aussie Dollar is going to begin to sell.
However with Price making its way to the Red Weekly downtrend, I am expecting for price to begin to show some kind of selling momentum.
As I said above there has yet been a break or change in...
