Keep your eye on this trendline. AUDUSD has experienced a three-leg rise, forming an ascending trendline. A break of this trendline could be a good sign for sellers to achieve significant gains, potentially pushing the price down to the last pivot support zone. Watch for confirmation of this break to identify potential entry points for short positions.
Looking at current price , RIO has climbing to the top of the range. Going back and looking at price, it seems to like to reject when it is Overbought and fly when its Oversold. - Buy @ $116 - Target for 8% with the possibility of a Sell off again
ASX:BXB Simple price action analysis for Brambles stock listed in Australian market gives you clear understanding how VCP pattern works I don't have position , no recommendation
AUD/USD Gains Positive Momentum Amid Global Market Dynamics The Australian Dollar (AUD) is riding a wave of positive momentum during Friday's European session, extending its bullish trend from earlier in the week. A brighter sentiment in European markets and some profit-taking after a robust US dollar rally are contributing to the Aussie's upward trajectory. ...
Watch the AUDUSD as further weakness is possible. strong NFP, weak AUD news and next week's RBA IR expected to remain as they are.
GBPAUD is expected to buy more after it makes it retracement to our support zone and our 50 Exponential moving average that correlates with the 50 moving average, then we buy to the net four hour highs.
ASX:S32 The chart for ASX:S32 shows a pattern of lower highs and lower lows. This information is essential for investing and trading. It is advisable to avoid focusing on this stock and instead focus on other options. This will save you time and give you peace of mind. #investing #avoid #trading #pwinvest $ASX:S32X:S32
Australian dollar going Up... look at that Gaining momentum. Lets make some money Guys!!
OANDA:AUDCAD Got my late (early) 10 pips Shorted, why not.....
This analysis is for those who work in Australian currency
Price has formed a Major Rising Wedge (bearish reversal pattern) on the 4hr tf. Price is also at a Major resistance zone with Bearish divergence on the RSI. I expect price to do some sort of a stop hunt taking out the previous high before falling. Here is the play I will be taking: (SELL STOP ORDER) Entry - 1.07546 Stop Loss - 1.08118 - 57.2 pips Take Profit...
As fears that a recession is just around the corner for the US, some economists are warning that Australia could follow suit. Some, however, remain bullish on the Australian economy due to high household savings, strong commodity exports, accommodative government stimulus and a robust pipeline of residential building constructions. Emerging from...
With the RBA increasing rates more aggressively than planned, it should return value to the Australian Dollar, at least in the semi short term before other central banks catch up. Looking for a move to the previous swing high on the daily chart!
The social media titan said it had cooperated with the Australian Competition and Consumer Commission’s investigation. Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook/Handout via REUTERS...
Hey traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 88 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
On Friday, the Australian Competition and Consumer Commission (ACCC) said it had instituted federal court proceedings against Facebook owner Meta Platforms, Inc. “The ACCC alleges that this conduct was in breach of the Australian Consumer Law (ACL) or the Australian Securities and Investments Commission Act (ASIC Act),” the Australian regulator said in a...
CSL charts suggest that the price action is looking for a support zone and if it eventuates the $200 - $230 range would be a great spot to pick it up for a long term hold.