See annotations, and linked idea below.
The QE announcement will have an effect on the longer term value of the pair; we will outline the possible effect on both scenarios.
We believe QE will not go ahead any time soon, if it does it will be announced mid next year (June) – even though very unlikely. However, we can expect a gradual decline in interest rates...
4 Previous touches on that trend line, and now some bullish candles appearing. I bet a lot of people are wanting to join in right about now. And if you are tempted would your stop loss not be where I have put the trade prediction?
Well if I can see that, big banks and institutional traders who get paid a lot more than me can see it.
Apples for the taking (I...
I've got a very strong buy bias on AUDUSD, it's at a very good zone where it can reverse
and go all the way up, we will have two positions open with two different Tp's, hopefully
it will reach our second Tp and let us bank 100+ pips
For any questions feel free to text me on telegram; my user name is Abid_fx
I also have a FREE TELEGRAM ANALYSIS CHANNEL that you...
Break of market structure expecting buyers to now come into the market. good risk to reward aswell.
In correlation AUDCHF is also in a bullish uptrend so we are expecting more bullishness/ strength from the AUD.
Price is reacting well so far on the 61.8 fib with a morning star formation on the 1 hr.
Enter Long position at 1.09980
TP = 1.11003
Price is rejecting 61% Fib level (4hr Chart) showing good signs of reversal.
I believe there is a banking level also at the 61% Fib.
Price Action is also bullish