I believe we'll be seeing a rise in price level for the aussie dollar as it has built and tested two former levels of resistance as support. With an upward trend visible of the 4h chart, we could see one possible test of support at 1.64448. Should AU find some strength around 1.645 we should know that a jump up is coming. Should the support test fail the trade...
EUR/AUD is Tricky This Week 08:22:42 ( UTC ) Mon Apr 27, 2020
Hi guys, As you may have noticed, AUD/CAD is in a bullish stance. We have had one impulse and now the pair is evolving in an ascending channel. My plan is to buy the pair as soon as it breaks this structure. We are currently above a thick KUMO and above the daily pivot as well. I will target the 127.20% fib extension level @ 0.90660. As usual, show some...
Seeing that test of long term multi-year upper trend has not resulted in upward break, GBP will continue to weaken over AUD in a long term.
0.64327 - 0.64859 Add to Watch List Signal ID: 71635 Time Issued: Monday, 27 April 2020 06:07:15 GMT Status: open Entry: 0.64327 - 0.64859 Limit: 0.65497 Stop Loss: 0.63435 The Breakout Opportunities system has just bought AUDUSD at 0.64646. The system recommends entering this trade at any price between 0.64327 and 0.64859. The signal was issued because the...
Hi guys, As analyzed last week (please check the idea below) the pair broke its structure to the downside and is now ranging. I am shorting the pair and I am targeting 1.68050 as a first target which is a technical target. The second target will be developed in another idea. *** Trade at your own risk ***
AUDUSD is in a bullish wedge and a reversal breakout is likely. Price is near a key resistance where the 78.6% fibonacci retracement lines up with the 61.8% retracement and we might see a possible drop from there.
AUJPY is on a bearish trend in the long term and we take it as a strong representative of risk sentiment ( can refer to its strong correlation with SPX which we showed in the video). We are shorting it from a key resistance level and we are waiting for a further push up to that level. Entry: 70.32 SL: 72.84 TP: 64.24
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is currently close to its resistance. it will be interesting to see what the pair does. Let us know your views on this in the comment section. Thank you all. There is...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is currently in ascending channel and it is going up. It also broke the resistance line. So as per our analysis the pair will go up till the channel's resistance and...
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see, the pair is very close to its Symmetrical Triangle breakout. One can wait for it to break either support or resistance. Let us know your views on this in the comment section....
AUD/CAD for Sell because there is a high probability that the price going down if it breaks down the Blue TrendLine..
Price broke impulsively through support, indicating downward momentum and continuation of downtrend. Plan: Await for price to retest broken support. Short to atleast 1.67
AUDJPY Long Idea Higher timeframes suggest that this pair is primarily bearish, however, we have seen a strong bullish 4hour trend. We are currently going to stick with the 4hour bullish bias as we are continuously seeing bullish confirmations. We recently saw this bullish flag form and break to the upside. Look for more bullish confirmations to then enter long...
Speculating Historic data in attempt to find an entrance in this pair, preferrably Bearish since we are more intrigued in Price Action showing us an Exhaustion in Price Action since the Bull Run has taken off. We aren't chasing Bull Run Continuation but we are also bearish due to Price Action gaining closer data near its Weekly Descending Trend-Line.