Hello Traders ! On Tuesday 21 Nov, The AUDCAD Reached a Resistance Level (0.90318 - 0.90567) The Price Formed a Double TOP Pattern. So We Have a Bearish Scenario: If The Market Breaks The Neckline and Closes Below That, I Will Sell on Retest... TARGET: 0.87950🎯
Hello Traders ! Previously: The AUDUSD Price Formed a Bullish Falling Wedge Pattern. Currently: The Price Broke a Strong Resistance Level (0.65710 - 0.66256). This Resistance Level Becomes a New Support Level. So, I Expect a Bullish Move. Let's Wait For Retest... ----------- TARGET: 0.67120🎯
As We Talked in The Previous Analysis: The AUDUSD Price Broke a Strong Resistance Level (0.65710 - 0.66256). This Resistance Level Becomes a New Support Level. Currently: The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement 📈 ----------- TARGET: 0.67120🎯
As I predicted, AUDUSD perfectly respected the underlined green daily support. The price formed a high momentum bullish candle after a release of US fundamentals yesterday. We may anticipate a further growth now to 0.6715 resistance. ❤️Please, support my work with like, thank you!❤️
Hello Traders ! -The EURAUD Failed To Create a New Higher High. -The Price Formed a Double TOP Pattern. Currently, -The Neckline is Broken. So I Expect a Bearish Move ! Let's Wait for Retest... ----------- TARGET: 1.64800🎯
AUDUSD keeps breaking the key resistances. 0.6575 - 0.6625 area was violated this time. It turned into a strong support. We may anticipate more growth on the pair. Next resistance - 0.6716 ❤️Please, support my work with like, thank you!❤️
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...
🏃♂️AUDUSD is running in the 🔴Resistance zone($0.660_$0.6548)🔴 . 🌊According to Elliott wave theory, a Zigzag correction(ABC/5-3-5) at the 🔴Resistance zone($0.660_$0.6548)🔴 seems to be completed. 💡Also, we can see Regular Divergence(RD-) between two Consecutive Peaks. 🔔I expect AUDUSD will go Down at least to the 🟢 Support zone($0.6313_$0.6280)...
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...