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D-AUD

AUDCHF: Will the SNB signal cuts?Of all the National Banks, analysts are expecting the SNB to be one of the first to cut, the CPI this week on Tuesday could indicate a cut is coming. Looking at price action on this pair, we've broken out of the downward channel, albeit we've struggled ton break resistance, but equally we've retested the channel boundary multiple times and so far failed to break it, so this looks like we're in the region of a medium term reversal. I'm looking for Buy entries on this pair, we need to break 0.58 to confirm the reversal, but I think there's longs to be had with LTF confirmations.
Long
by Finchcliffe
Heavy on the AUDNZD as well,watch for lower timeframeHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Watch out Audnzd for a turn. :) Do check out my stream video 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 the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Short
by Shadowing_The_Big_Boys
Euraud likely more upside coming?Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! Believe that this is a lower timeframe bullback for more upside. Let's see. -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Long
by Shadowing_The_Big_Boys
1
Sell EURAUD Channel BreakoutThe EUR/AUD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined bearish channel pattern. This suggests a shift in momentum towards the downside and a higher likelihood of further declines in the coming minutes or hours. Key Points: Sell Entry: Consider entering a short position around the current price of 1.6620, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bearish targets lie at the previous support levels within the channel, now acting as potential resistance zones: 1.6525 and 1.6479. Further downside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order above the broken support line of the channel, ideally around 1.6660. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards. Thank you.
Short
by KABHI_FOREX_TRADING
6
GBPAUD BUY BIASWeekly: Bearish, Rejection from major weekly resistance 198.550, Failed retest of Head and shoulders pattern price closed above the right shoulder, recently mitigated ob 1.98550, Made a Double bottom pattern at daily supply zone 1.86550, Unmitigated ob at 1.87625, Bearish rejection candle at daily resistance 1.94750, Bullish choch Daily: Consolidation, Inverse Head and shoulders, 2 bar rejection at major resistance 1.94750, Has not retested major support 190.325 after break, Bullish choch, Double bottom pattern, Retested resistance 1.93250 4hr: Consolidation, In a minor uptrend after making a rejection can of the bottom 4hr zone, Break of bearish trendline to the upside, Has not retested .618 of fakeout that resulted to a downward movement, rejection of the 4hr resistance 1.93275. 1hr: Bullish, Liquidity is located above the 4hr resistance of 1.93275, Price is respecting a bullish trendline, Unmitigated 1hr ob, Price faded out and reversed after reaching bottom 4hr zone. 15m: Bullish, Bullish structure is being formed, Failed to make a higherhigh at 4hr resistance 1.93275, Ascending triangle pattern I believe price is going to retest the 1hr ob fake out the market and continue the upward movement towards the Top 4hr zone to grab liquidity and retest the .618 level if its able to break 1.93275.
Long
by PipEater1
GbpAud could likely pullback for longHello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Pulling back for long ,could target 1.94 ,but do expect it to be choppy judging at its recent PA. Do check out my stream video 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 the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
by Shadowing_The_Big_Boys
Buy AUDJPY Megaphone PatternThe AUD/JPY pair on the M30 timeframe presents a potential buying opportunity due to the presence of a well-defined megaphone pattern. This pattern, characterized by expanding channel lines, can suggest both bullish and bearish continuations depending on the context. However, in this case, certain factors point towards a potential upside move. Buy Entry: Consider entering a long position around the current price of 98.28, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum. Target Levels: Initial bullish targets lie at the previous resistance levels within the megaphone, now acting as potential support zones: 98.73 and 98.94. Further upside targets could be determined using other technical analysis methods like Fibonacci retracements or extensions. Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the megaphone, ideally around 97.95. This helps limit potential losses if the price reverses and breaks back downwards. Thank you
Long
by KABHI_FOREX_TRADING
8
AUDUSD: Sustainable bearish trend.AUDUSD is trading inside a Channel Down pattern for the majority of 2024 so far and the neutral 1D technical outlook (RSI = 48.127, MACD = -0.003, ADX = 26.175) suggests that this is a potential sell entry. The price is below the 1D MA50 and exactly on the 1D MA200, where a rejection, validates the preservation of the bearish trend. If the price stays under it, we will remain bearish, targeting near the 1.236 Fibonacci extension (TP = 0.64000). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
Short
by InvestingScope
AUDNZD Sells still Active but struggling (Considering closing)As per my last analysis on AUDNZD - (www.tradingview.com) I am still actively holding this trade NOW, given the fact that audnzd just struggled to breach this most recent low (purple zone) and decided to pull back upward - made me consider closing but patience If however, it struggles again to breach this low I'd close in profit Why? it is simple really, price pushed up off of the (purple zone) and rejected the top side, if it rejected the top side it stands to reason that it went for liquidity from sellers higher - IF this was the case, shouldn't it have no problems going lower? If price struggles to breach this low (purple zone) this time around I'd be closing this trade Downvote\Don't boost if you didn't read this entire post and didn't try to understand OR Upvote\Boost if you did read this entire post and did try to understand
Short
by Brandon_evo4
AUDNZD Sells ActiveGood Morning guys, have this buy open on AUDNZD - it isn't the best trade and I don't really like trading this pair but there was a set up and I decided to give it a try Let me explain These are my confirmations\questions > Question 1 - Was AUDJNZD in momentum (bullish or bearish)? Yes, AUDNZD is in bearish Momentum currently Question 2 - Who is interested (at this time)? Sellers are interested at this time Question 3 - Where are their stop losses? Stop losses would have been right Above the highlighted levels (orange circles) & below the orange horizontal line (break out sellers) Question 4 - Have those stop losses been taken out? Yes I believe Stop losses have been taken out already on AUDJPY (Red X) Question 5 - Does the set up make sense for me to pursue? Yes I believe it makes sense for me to pursue this trade given the information I have As I am typing this the trade remains open at a 1:0.7 Risk Reward Ratio and I am noticing price is stumbling about this area currently (wondering if I should close it) That being said however you will realize over to the left (green circles, green lines) that there would be some buyers below this area and based on the momentum it makes sense to me for price to driven to below this area so I think I should hold it, let's see I have many more confirmations I look for, this is just to simplify it so that I can quickly explain to you the reader Downvote\Don't boost if you didn't read this post and didn't try to understand OR Upvote\Boost if you did read this post and did try to understand *Why don't I show my lot size?* *How much money I make is no where near as important as HOW I took the trade*
Short
by Brandon_evo4