She will most likely kiss the neckline and start falling.
Based on our previous analysis, we hunted a good move and it gave us a good profit. This analysis also serves you. It will be updated if needed
Prices are facing bullish pressure from pivot level which is in line with horizontal swing low support, 78.6% Fibonacci retracement, and 61.8% Fibonacci extension. Prices might push up towards 1st resistance which is a swing high resistance in line with 127.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take...
See Signposts on chart for key price action details.
AUD, NZD & CAD: Positioning data for the AUD, NZD and CAD updated until the 13th of April still shows more room to run to the upside for the three high beta commodity-sensitive FX majors, even after the recent push higher in the likes of the NZD and AUD. For this week the majority of the attention will turn towards the Canadian Dollar where we will have the...
Price is approaching our 1stt support, in line with our 23.6%, 61.8% Fibonacci retracement, 127.2% Fibonacci extension and horizontal pullback support. We could potentially see a bounce and further rise up towards 1st resistance, in line with our 61.8% Fibonacci extension and horizontal swing high resistance. Price is also holding above the moving average support,...
The pair is forming a new trend channel and it is reaching the upper side of it. A down movement is expected. Take your profits, when the price reaches the other side of the channel. Please like and follow, if you find my ideas useful. Thank you for your support Good Luck and Good Trades
AUDCAD after the 2nd retest of the weekly resistance is now moving to the lower trendline of the flag over a minor support. According to Plancton's strategy if the market will break below we will set a nice short order. ---- Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily...
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for BUY GOOD LUCK! Great BUY opportunity AUDCAD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write...
Prices are facing bearish pressure from pivot which is in line with 100% Fibonacci extension and horizontal swing high resistance. Prices might push down to 1st support, which is our horizontal swing low support, in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement . If prices push up, it might take resistance from 1st resistance which is in...
Prices are facing bearish pressure from pivot which is in line with 100% Fibonacci extension and horizontal swing high resistance. Prices might push down to 1st support, which is our horizontal swing low support, in line with 127.2% Fibonacci extension and 61.8% Fibonacci retracement. If prices push up, it might take resistance from 1st resistance which is in line...
Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bullish price action towards main sr level. 4 HOUR Overall bearish market structure.. DAILY Expecting more price action towards previous lows. - FOREX SETUP SELL AUDCAD ENTRY LEVEL @ 0.95820 SL @ 0.96350 TP @ 0.95080 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different...
In the long run, we are witnessing a strong uptrend for the Australian dollar, due to the positive news for the Australian dollar and the favorable conditions for coronary heart disease. But the main question is whether the reform is over and the main process is resumed or not, the reform is still going on. long or short?? we will see! let's go!
AUDCAD rebounded from major downtrendline Pair is based below key level at 0.9630 Below SMA 100 MACD shows start of bearish momentum RSI is below level 50 It's expected to target level 0.9450
Overall: With the CFTC data updated until 30 March the EUR showed the biggest decrease of (-19.5K) and the AUD showing the biggest increase of (+6K). AUD, NZD & CAD: Positioning still favours further upside for the three high beta FX majors. The strong push higher in global equities last week is another positive catalyst to keep in mind in the week...