Audsignal
AUD/USD: Waiting for the RBA meeting today.Early this morning, Australia's job advertising data and inflation data dropped, signaling a change in the economy as tightening policies take effect. Currently the currency market is pricing in a 60% chance that the RBA will raise interest rates tomorrow. However, concerns about economic recession are also an issue banks need to consider at tomorrow's meeting. After keeping interest rates unchanged (4.1%) in the June meeting, a rate hike could send AUD back to around 0.6600.
Today, at 10:30 am there will be two important news that directly affects AUD :
- Cash Rate
- RBA Rate Statement
AUD/USD is gradually approaching the overbought zone on the RSI indicator. If tomorrow the bank keeps interest rates unchanged, this pair may fall back below 0.6500. Conversely, a rate hike could push the price target up to resistance at the 200-day DMA (blue)/0.6596.
AUDJPY LONGhello guys.we are in a long setup.as you see in1hr a bullish candle closed above the last high and changed the direction of trend(CHOCH),also in 4hr we have FVG area above this OB.so in smaller time frame we can wait for reason to open our long position.
R:R 2.24
“”your follows and boosts encourage me to publish more analysis””
EURAUDThe pair is currently sitting in a fence on this position. Next direction will be determined by whatever happens inside this zone.
Looking like a reversal pattern forming but still doesn't write off the possibilities of this being the end of a correction and the beginning of the next impulse to the downside.
We wait to act upon the action of the price in the coming week.
Australian Dollar Iron Ore Prices Causing AUD to StrengthenIn this video I break down why the Australian Dollar is bullish because Iron Ore prices are rallying due to the war in Ukraine.
Iron Ore is Australia's key commodity export, therefore higher prices increases the demand for Australian Dollars.
Watch this video to learn how commodities have an impact on certain currencies in the Forex market.
Still Bearish on AUDBased off the trade last night we are going to start a new trade with the same bearish outlook on AUD, only this time we are going to see how much stronger the CAD can hold. Oil has also been doing great as well so the correlation has been holding true so far for extra confirmation on CAD.
GBPAUD Has Formed a Bullish Flag
Welcome back Traders, Investors, and Community!
Hi Traders, GBPAUD on H4 has made a Bullish Flag, If the price gets out of the Flag below 1.8498 we can look for potential entries.
⬇️Sell now or Sell at 1.8665
⭕️SL @ 1.8756
✅TP1 @ 1.8498
✅TP2 @ 1.835
✅TP3 @ 1.8145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AUDNZD After Range Could Go Lower
Welcome back Traders, Investors, and Community!
Hi Traders, AUDNZD after breaking below the Bullish flag by several large candles, has been ranging for several hours which is the sign of continuation
⬇️Sell now or Sell at 1.0656
⭕️SL @ 1.0684
✅TP1 @ 1.0617
✅TP2 @ 1.0600
✅TP3 @ 1.0564
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
GBPAUD Has Broken Below the Short Term Support
Welcome back Traders, Investors, and Community!
Hi Traders, GBPAUD on H4 has been running in the Bullish Channel, after the last rejection from the Resistance broke below the Short term Support and it might go lower however it could go up again for another retest before going down.
⬇️Sell now or Sell at 1.8584
⭕️SL @ 1.8656
✅TP1 @ 1.845
✅TP2 @ 1.8297
✅TP3 @ 1.8145
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AUDCHF Could Go Higher After the Flag Breakout
Welcome back Traders, Investors, and Community!
Hi Traders, AUDCHF on H1 after making double bottom on its way up has formed a Bearish Flag which is a sign of Bullish continuation. After the breakout it can go to 0.6874
⬆️Buy at Flag Breakout or Buy at 0.6808
⭕️SL @ 0.6775
✅TP1 @ 0.6874
✅Flag Target 0.6915
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AUDCHF and Sell Area (27/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
GBPAUD and Buy Area (27/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
GBPAUD and Sell Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDCAD and Buy Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDCHF and Buy Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDJPY And Buy Area (23/7/2020)Please fill the line..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDUSD and Buy Area (23/7/2020)Please fill the lines..!
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
AUDCHF and Buy Area (22/7/2020)Buy limit
0.66120
SL 0.65884
TP1 0.66363
TP2 0.66630
TP3 0.66870
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURAUD and Sell Area (22/7/2020)Sell limit
1.62610
SL 1.63190
TP1 1.62020
TP2 1.61470
TP3 1.60900
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Decide your target, manage your risk..!
Turn off your PC..! Let your choice running..!
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
GBPAUD and Sell Area (17/7/2020)Sell limit
1.80635
SL 1.81180
TP1 1.80310
TP2 1.79930
TP3 1.79570
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.
EURAUD and Buy Area (14/7/2020)Buy limit
1.62995
SL at 1.62675
TP1 at 1.63365
TP2 at 1.63700
Note!
Cancel/pending plan few minutes before news! (Medium/high impact news)
Disclaimer
The content on this analysis is subject to change at any time without notice, and is not provided for assisting traders to make decision.