GBP/AUD has reacted off the pivot and could potentially drop to the 1st support which has been identified as an overlap support. Pivot: 1.91692 1st Support: 1.90355 1st Resistance: 1.92457 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 may not...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 GBPAUD has been overall bearish , trading within the falling channel in red. At present, GBPAUD is approaching the upper bound of the channel acting as a non-horizontal resistance. Moreover, it is retesting a strong resistance marked in green. 🏹 Thus, the highlighted red...
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.6643 Why we like it: There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement. Stop loss: 0.6677 Why we like it: There is a pullback...
AUDUSD - 24h expiry The medium term bias remains bullish. The selloff has posted a correction count on the daily chart. Previous resistance level of 0.6650 broken. A lower correction is expected. Setbacks should be limited to yesterday's low. We look to Buy at 0.6625 (stop at 0.6601) Our profit targets will be 0.6685 and 0.6695 Resistance: 0.6680 /...
The AUDCAD pair has been on a structured rise since the September 25 2023 Bottom, which technical is a Double Bottom formation for the long-term. The price is about to test the 1W MA200 (orange trend-line) for the first time since the week of March 20 2023 as well as the Lower Highs trend-line that started on the February 22 2021 High. Every time the pair...
Price is falling towards the pivot and could potentially bounce to the 1st resistance. Pivot: 0.60381 1st Support: 0.60163 1st Resistance: 0.60982 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 may not be suitable for all investors, so please...
Price is rising towards the pivot and could potentially drop to the 1st support which has been identified as a pullback. Pivot: 0.6654 1st Support: 0.6593 1st Resistance: 0.6712 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 may not be...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 EURAUD has been overall bullish , trading within the flat rising channel in red. At present, EURAUD is approaching the upper bound of the channel acting as an over-bought zone. Moreover, it is retesting the upper bound of the short-term channel marked in blue. 🏹 Thus,...
AUDJPY -24h expiry Broken out of the wedge to the downside. Price action looks to be forming a top. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. A move through 104.00 will confirm the bearish momentum. We look to Sell at 104.30 (stop at 104.70 Our profit targets will be 103.30 and 103.05 Resistance: 104.25 /...
We have a new alert for a short position on a swing point of view on $GBPAUD. I took this short position after a clear rejection of the previous levels and a breakout structure. My first target will be the last low and maybe we will see another low so keep a part of the trade on position. Great Trade !
EUR/AUD has rejected off a resistance level which is an overlap resistance that aligns with the 32.8% Fibonacci retracement and could potentially fall to our take profit. Entry: 1.63814 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 1.64935 Why we like it: There is a pullback resistance level...
AUD/USD is rising towards a resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6649 Why we like it: There is an overlap resistance level which lines up with the 50% Fibonacci retracement. Stop loss: 0.6685 Why we like it: There is a pullback resistance...
Hey Traders, in today's trading session we are monitoring EURAUD for a selling opportunity around 1.64000 zone, EURAUD was trading in an uptrend and successfully managed to break it out. currently is in a correction phase in which it is approaching the retrace area at 1.64000 support and resistance area. Trade safe, Joe.
Before price's previous break, it was in a consolidation where it eventually swept liquidity below support. It preceded to push to the upside with massive momentum where it eventually consolidated again, forming liquidity above an external range double top(or head and shoulders) and below an internal range support. Since price is currently in a bullish trend, it...
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Could have break up or some pullback before heading higher. In my watchlist Do check out my recorded video (in trading ideas) for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get...
Hello traders, I have determined the formation target on the FX:EURAUD chart. I wish everyone success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Thank you for considering my analysis and perspective. Good luck
AUD/CHF is exhibiting a harmonic pattern, suggesting a potential reversal point. This bearish signal gains significant weight as Point D of the pattern, also known as the Potential Reversal Zone (PRZ), coincides with a key resistance level. This confluence of technical indicators strengthens the possibility of a bearish breakout. Key Levels: Point D (PRZ):...
The AUD/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After...