AUDUSD shorthey everyone, last week there was strong break off from the uptrend channel, the market closed on the support level of 0.7041 but it can most likely break starting of this week since we are in strong bearish price... main target for price is 0.6836
Macd is in a strong bearish divergence..
good luck
Aussie
AUD-NZD Growth Ahead! Buy!
Hello,Traders!
AUD-NZD is trading in an uptrend
And after the retest of the support level
We are already seeing a bullish reaction
So I think that the price will keep going up
Towards the target level above
Buy!
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RBA and China Are Bullish For Aussie- Elliott wavesAussie is trying to wake up as RBA started hiking rates while China is going out of lockdowns in June, so seems like wave C is already in place, unless this is still a higher degree leg A from the 0.7661 highs. Well, at this stage it's too early to confirm any new long-term bottom, but at least in the short-term we should be aware of more upside after recently broken trendline resistance in the first leg, so more upside can be coming after pullback. Support is at 0.7/0.7030 which can be also a base of a right shoulder on 4h chart.
Also, HSI has made a nice turn up recently which can be positive for the Aussie.
✅AUD_NZD WILL KEEP GROWING|LONG🚀
✅AUD_NZD will be retesting a support level soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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✅AUD_USD BEARISH BIAS|SHORT🔥
✅AUD_USD has hit a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from their long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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AUD-USD Wait For Breakout! Sell!
Hello,Traders!
AUD-USD is trading in a rising channel
But the current price action is somewhat bearish
So IF we see a bearish breakout from the channel
Then we can go short on the pullback
Sell!
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AUD-CAD Potential Long! Buy!
Hello,Traders!
AUD-CAD is trading in a bearish wedge pattern
So the overall bias is somewhat bearish
But until the breakout happens
We can still play the pair off the rising support
Having the target half way towards the resistance
Just In case the rebound isn't that strong
Buy!
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✅AUD_JPY SHORT FROM RESISTANCE🔥
✅AUD_JPY is about to retest a key structure level
Which implies a high likelihood of a move down
As some market participants will be taking profit from long positions
While others will find this price level to be good for selling
So as usual we will have a chance to ride the wave of a bearish correction
SHORT🔥
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