AUDNZD formed a double bottom formation, testing a key daily horizontal support. We may anticipate a bullish movement from the underlined area to 1.093 resistance. ❤️Please, support my work with like, thank you!❤️
There has been an opportunity that has emerged due to the recent fluctuations in currency values and the growing demand for copper exports to China. As you may be aware, the USD has been experiencing a period of weakness, while the AUD has shown signs of strength. This presents an advantageous situation, as we can leverage the stronger Australian dollar against...
After a test of a key daily resistance, EURAUD formed a huge double top pattern. The breakout of a neckline of the pattern is an important bearish confirmation. We can anticipate a bearish movement to 1.6543 / 1.6489 ❤️Please, support my work with like, thank you!❤️
The AUDCHF pair has been trading within a Channel Down since February's High and currently sits just below its top (Lower Highs trend-line). Having formed a 1D MA50/ 100 Bullish Cross and tests the Lower Highs for the 3rd time in 2 months, it is highly likely to finally break the bearish trend upwards. We will only buy though above the 1D MA200 (orange trend-line)...
EURAUD Landscape: Unveiling Potential Support and Resistance Greetings, Esteemed Investors and TradingView Community, A s we delve into the intricacies of the EURAUD chart, we uncover intriguing trends and patterns that may shape its future trajectory. Today, we'll explore the insights gleaned from Support Vector Machines (SVM), a powerful machine learning...
If you missed our buy entry on the EURAUD pair (September 28, see chart below), don't be alarmed, the market is providing once last chance to enter: As we identified on that analysis, the most optimal buy entry was below the 1D MA100 (green trend-line), which is where all previous technical Higher Lows of the 1 year Channel Up were priced. That completed a...
AUDCHF broke and closed above the resistance of a horizontal trading range on a daily. We may anticipate a bullish continuation now. Next resistance: 0.5856 ❤️Please, support my work with like, thank you!❤️
Hello Traders ! On The Daily Time Frame, The AUDUSD Price Reached a Strong Resistance Level (0.64532 - 0.65222). -The AUDUSD Formed a Bullish Falling Wedge Pattern. Currently, We have a Bullish Scenario : If The Market Breaks The Resistance Level and Closes Above That, We Will See a Bullish Move 📈 ----------- TARGET: 0.65710🎯
Price is Bullish on the Daily. Watching price action you can see that we have been trading higher over the last couple of weeks. Here we can see continuing its trend and breaking structure as it climbs. Price had previously swept liquidity before gaining a lot of momentum to the upside. This has left an inefficiency in within price action. Id like to see price...
The GBPAUD pair broke below the long-term Channel Up that it has been trading in since the start of the year and a Channel Down emerged as last week we had a rejection on the 1D MA100 (green trend-line). That is the top (Lower Highs trend-line) of the Channel Down and the most optimal sell entry. However the 1D MA200 (orange trend-line) is still supporting, so we...
The AUDNZD pair hit both our sell and buy Target since we last looked at it (see chart below) on September 26: The price is now both on the 1D MA50 (blue trend-line) and 1D MA200 (orange trend-line) which move parallel and has started the new bearish wave (red arc) towards the Higher Lows trend-line of the long-term Triangle pattern. As you can see, this is...
AUDJPY broke and closed above a solid horizontal daily resistance. After a breakout, the price formed a bullish flag pattern on an hourly time frame. Its resistance breakout after a retest of a broken structure is a strong bullish confirmation. I anticipate growth now to 98,2 ❤️Please, support my work with like, thank you!❤️
Our last signal on the AUDCAD pair (see chart below) was a dip buy within the width of the multi-month Channel Down: The Channel Up is adjusted as on Tuesday, the pair got rejected on the 1D MA200 (orange trend-line) forming the new Lower High. As the same time, the 1D RSI got rejected on its 5-month Resistance Zone and today the sell signal is confirmed by...
Hello Traders ! On Monday 30 Oct, The AUDNZD Price Reached A Strong Resistance Level (1.09492 - 1.09304). The Price Formed an Ascending Channel. The Support Line is Broken. So, I Expect a Bearish Move 📉. i'm waiting for retest... ----------- TARGET: 1.07840🎯
AUDUSD formed an ascending triangle formation, testing a strong daily demand zone. I will anticipate a pullback from the underlined area. Goals: 0.6433 / 0.6443 ❤️Please, support my work with like, thank you!❤️
Hello Traders ! On Friday 20 Oct, The AUDCHF Price Reached A Support Level (0.56345 - 0.56070). The Resistance Level (0.58100 - 0.58332) is Broken and Becomes a New Support Level. The Resistance Line Line is Broken. So, I Expect a Bullish Move 📈. i'm waiting for retest... ----------- TARGET: 0.58790🎯
EURAUD formed a tiny cup and handle pattern, after a test of a strong intraday horizontal resistance. Because the global sentiment is bearish, probabilities will be high, that the price will keep falling. Goals: 1.6486 / 1.6465 ❤️Please, support my work with like, thank you!❤️
AUDCAD nicely respected a 4h confluence zone based on a horizontal intraday support and 0.5 retracement of the last bullish impulse. The price formed a double bottom formation on an hourly time frame and broke its neckline to the upside. We can expect a bullish continuation now. Goals: 0.888 / 0.890 ❤️Please, support my work with like, thank you!❤️