Hey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.92150 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.92150 support and resistance area. We would also like to consider the current bullish bias on Indices, due to the positive correlation AUDCAD...
The price is reacting off the resistance level which is a pullback resistance that aligns with the 138.2% Fibonacci extension and could drop from this level to our take profit. Entry: 0.6824 Why we like it: There is a pullback resistance level that lines up with the 138.2% Fibonacci extension. Stop loss: 0.6898 Why we like it: There is a resistance level at the...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.67500 zone, AUDUSD is trading in an uptrend and currently is in a correction phaase in which it is approaching the trend at 0.67500 support and resistance area. Trade safe, Joe.
AUD/CHF is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 50% Fibonacci support. Pivot: 0.57877 1st Support: 0.57222 1st Resistance: 0.58153 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...
AUDUSD . Potential long opportunity. Our idea for AUDUSD is a long after the price has fallen to our PBA (Pull Back Area). With DXY showing weakness we do believe that AUDUSD could rise to our target 0.6857 . Our SL is set at the break of structure at 0.6778. PARAMETERS - Entry: 0.6801 - SL: 0.6778 - TP: 0.6857 KEY NOTES - AUDUSD has fallen...
AUDCHF based on weekly data is registering heavy accumulation at the current price range of 0.60. All confluences are UP for this pair -- meaning all technical confirmations is hinting towards generous UPSIDE. When weekly data shows his intent, he will do it. Spotted at 0.600 Initial target at 0.65 + TAYOR safeguard capital, always.
ICMARKETS:AUDCAD looks good to pump towards the area of liquidity, we are entering now and closing near the top. From there we will short.
OANDA:AUDNZD looks good for a bullish setup towards the negative order block, let it dip a bit at the moment and then we will enter our specified targets, SL can be tight but I believe in letting the trade breathe.
RBA Decision: Can Bulls Break 0.6900? The U.S. Federal Reserve's decision to slash interest rates by half a percentage point this week has intensified scrutiny on the Reserve Bank of Australia (RBA), which will hold its policy meeting next week. Making a RBA’s interest rate cut less likely in the short term: Australia's labor market delivered...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.67700 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.67700 support and resistance area. Trade safe, Joe.
Hey Traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.57500 zone, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.57500 support and resistance area. Trade safe, Joe.
OANDA:AUDNZD should dip a little bit during the New York AM Session and from there we can long it towards the specified targets.
ICMARKETS:AUDCAD kinda a risky trade but just for learning, it is not mandatory to take all trades, some can be analyzed just to observe and learn.
GBP/AUD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could reverse from this level to our take profit. Entry: 1.96072 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 1.96958 Why we like it: There is a pullback resistance...
The AUDUSD pair is once again approaching the 14-month Resistance Zone, following a convincing rebound on the 1D MA200 (orange trend-line). This Higher Lows rebound resembles the July 06 2023 bounce that priced a Double Top at the top of the Resistance Zone, before collapsing rapidly to new Lows. Ahead of today's Fed Rate Decision, we will welcome any short-term...
AUD/JPY is falling towards the pivot which has been identified as a pullback support and could bounce to the 1st resistance level which is a pullback resistance. Pivot: 95.59 1st Support: 94.20 1st Resistance: 97.52 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....
ICMARKETS:EURAUD We are looking to enter towards the double bottom range and from there we will aim for the Strong High range, SL is kept at a certain price point to let the trade breathe, let's hope for the best.
ICMARKETS:GBPAUD is showing a bearish setup through the analysis of Bell Curve & basic FVG points, please keep upcoming news in mind, best thing to go for is short on this currency (short term). SL is tight but be aware of liquidity wick.