Get started

AUD (Australian Dollar)

Bearish reversal?AUD/NZD is rising towards the pivot and could reverse to the 1st support. Pivot: 1.09400 1st Support: 1.08854 1st Resistance: 1.10183 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 lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Short
by ICmarkets
AUDCAD Excellent Channel Down bottom opportunity.The AUDCAD pair has been trading within a long-term Channel Down since the January 26 2023 High and the recent Trade War fueled sell-off took the price almost on its bottom (Lower Lows trend-line). The 1D RSI got vastly oversold at 14.00 and a bottom is to be expected within the next 2 weeks. Still, this level is low enough to be considered a solid long-term buy opportunity already. The previous bottom rebound targeted initially the 0.5 Fibonacci retracement level, so our target is 0.88850 on the medium-term. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
AUDCAD…When is enough, enough?!Good day traders, we back with another beautiful idea on AUDCAD but here we not focusing on buying and selling but rather to test a study I’m currently busy with, well in a nutshell I’m studying inside day candle stick pattern, currently on the 4hour TF we have a big bearish candle followed by a lot of small bullish candle sticks but all that trading is happening inside that one big 4 hour candle. How I like to interpret this pattern in my years of back testing this pattern(still am)😂 inside day candles can be used as both a continuation or a reversal pattern but but depending on the market structure!! What price is doing currently on the 1hr TF I like to explain it to my friends as a beautiful lady who only wants your money 😂😂 because price is making traders believe that the reversal has started but truth is price is still gonna move lower the the liquidity resting below before moving higher to reverse the big move we saw last week and beginning of this current week. We can expect price to take to low of Monday than shift structure higher to confirm our bias that price will reverse. Remember we study price and time not technical analysis.
Long
by FxPipMaster_TebohoMatla
EURAUD INTRADAT corrective pullback supported at 1.7850The EURAUD pair is showing a bullish trend, supported by higher highs and higher lows. Recent price action suggests a pullback toward the 1.7850 level, which is a key support area from a previous consolidation. If the pair bounces from 1.7850, it may resume its uptrend, targeting resistances at 1.8380, 1.8580, and potentially 1.9240 over the longer term. However, if 1.7850 breaks down and there’s a daily close below it, the bullish outlook would be invalidated. This could trigger deeper downside toward 1.7400, then 1.7070. Conclusion Above 1.7850 = Bullish bias remains intact; watch for upside continuation Below 1.7850 (daily close) = Bearish reversal risk; downside targets 1.7400 and 1.7070 Current sentiment: Bullish with pullback in progress – key level to watch is 1.7850 This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
1
EUR/AUD H1 | Heading into resistanceEUR/AUD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.8198 which is a pullback resistance that aligns with the 38.2% Fibonacci retracement. Stop loss is at 1.8320 which is a level that sits above the 78.6% Fibonacci retracement and a swing-high resistance. Take profit is at 1.7877 which is a swing-low support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
1
AUD/JPY H1 | Upward momentum gaining traction?AUD/JPY is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 88.75 which is a pullback support. Stop loss is at 87.60 which is a level that lies underneath an overlap support and the 61.8% Fibonacci retracement. Take profit is at 90.63 which is a pullback resistance that aligns with the 50.0% Fibonacci retracement. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Long
by FXCM
WHY CADJPY IS BULLISH ?? DETAILED ANALYSIS CAD/JPY is currently trading around 104.200, forming a falling wedge pattern—a technical indicator often suggestive of a potential bullish reversal. Traders are closely monitoring this setup for a breakout, which could potentially propel the pair toward the target price of 107.000, indicating a prospective gain of approximately 300 pips. Fundamentally, the Canadian dollar's performance is closely tied to global oil prices, given Canada's status as a major oil exporter. Recent stability in oil markets has provided underlying support to the loonie. Conversely, the Japanese yen, traditionally viewed as a safe-haven currency, has experienced fluctuations influenced by shifts in global risk sentiment and the Bank of Japan's monetary policy stance. The divergence in economic indicators and central bank policies between Canada and Japan may contribute to the anticipated bullish momentum in the CAD/JPY pair. Technical analysis reinforces this outlook. The falling wedge pattern observed on the charts is characterized by converging trendlines sloping downward, indicating diminishing bearish momentum. A decisive breakout above the upper trendline of the wedge, accompanied by increased trading volume, would serve as a confirmation of the bullish reversal. Key resistance levels to monitor include 105.000 and 106.000, with a sustained move above these thresholds enhancing the likelihood of reaching the 107.000 target. Traders should exercise prudent risk management strategies, such as setting appropriate stop-loss orders, to mitigate potential market volatility. Additionally, staying informed about upcoming economic data releases and central bank communications from both Canada and Japan will be crucial in navigating this trade effectively. By aligning technical insights with fundamental developments, traders can position themselves to capitalize on the potential bullish breakout in the CAD/JPY pair.
Long
by AndrewsMarket-Mastery
1
Free Trade On EUR/AUD , Reversal Pattern Done ! 250 Pips WaitingHere Is my free trade on EUR/AUD , The price giving an amazing reversal Pattern on 1H T.F ,Head & Shoulders Pattern Very Clear and the price closed below neckline and back again to retest it , so it`s the best place to can enter a short trade with 250 pips target . This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
Short
by FX_Elite_Club
GBPAUD INTRADAY overbought consolidation supported at 2.1100GBPAUD retains a bullish outlook, driven by the prevailing uptrend. The latest price movement suggests a corrective pullback toward a previous consolidation zone, offering potential for trend continuation. Key Support Level: 2.1100 – prior consolidation area and immediate decision point for bulls Upside Targets: 2.1550 – initial resistance 2.1720 and 2.2000 – medium to longer-term bullish targets A bullish bounce from 2.1100 would signal resumption of the upward trend, targeting the above resistance levels. On the flip side, a confirmed break and daily close below 2.1100 would invalidate the bullish structure, setting up a deeper pullback toward 2.0860, with additional support at 2.0690 and 2.0580. Conclusion GBPAUD remains bullish above 2.1100. A bounce from this level favors upside continuation. A daily close below 2.1100 would shift momentum bearish, opening the path to deeper retracement targets. This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
by TradeNation
AUDCAD Discretionary Analysis: Next stop? Rock bottomIt’s more of a sixth sense (like when you just know your girlfriend's about to cancel plans). AUDCAD’s giving off that "Next stop? Rock bottom" kind of energy. I see it dropping hard, like it missed the elevator and took the shaft instead. If I’m right, I’ll be looking at some solid trades to take. If I’m wrong, well, I’ll just grab a coffee and wait for the next pair to make its move. Just my opinion, not financial advice.
Short
by davidavasalcai
37
GBP/USD: The Make-Or-Break Zone”GBP/USD is showing strong bullish momentum, pushing toward the key resistance zone between 1.33000–1.36000. However, a short-term correction may occur before the next leg higher. Key Levels: Support Zone: 1.27983 Resistance Zone (Target): 1.33000–1.36000 Invalidation Level of Bullish Trend: 1.22544 Bearish Scenario: If 1.22544 breaks, eyes on 1.13843 The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
by Greenfireforex
AUD-NZD Massive Long! Buy! Hello,Traders! AUD-NZD has also fallen Down by a lot last week And we think that the Initial panic move is over So as the pair is oversold And is about to retest a Horizontal support of 1.0740 A strong bullish correction Is to be expected on Monday Buy! Comment and subscribe to help us grow! Check out other forecasts below too! Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Long
by TopTradingSignals
1