possible bear flag or rising wedge on the weak Australian dollar.
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 that there is an inverted cup and handle chart pattern. Cup has been formed if the pair makes the handle one can wait for the handle to form and then take a sell call. If,...
AUDNZD buy stop 1.01658 SL 1.00527 TP 1.03916 R= 113.1 pips Si el precio llega a 1.02792, mover SL a 1.01887
AUD/CAD has been trading in this channel on the 1hr Renko ATR chart since mid March. I can see a short coming of around 250 pips. Nice divergence set up also on the 15 min Renko ATR chart. Good luck, stay safe, stay at home and protect lives. ## Happy trading
Looking quite Bearish on all Oscillators and Structure. There was also multiple fake outs to the upside of the channel. Wait for the clean Break of the bottom of Trend line before entering.
outlined are major S/R levels, I am looking for a "dead cat bounce play if the down side momentum can reverse from this level over the next few weeks. I would like to see either two scenarios play out rejection at 5980 or consolidation above 5980. Currently looking for longs if we can find a trend to the upside as a relief rally, entering short from this level is...
Currently up +167 pips on AUDCHF. This was a VIP signal that I called out a couple of days ago. Here's the original analysis: AUDCHF and correlating AUD pairs could be making a comeback after HUGE hits towards their economy for the past month. The bubble finally blew and it came in the form of the coronavirus. With news of the virus hitting its peak soon and...
AUDUSD is near 0.60992 today which is an important level in the short term. The 4-hour chart is showing us that it is in an up channel. The levels we must watch in mind are the following: 0.55638, 0.57180, 0.59009 - 0.60992, 0.61917, 0.64605 Note: If we break through 0.61917, it is highly likely the next major resistance is around 0.64605. What do we have...
Looking at this previous resistance level, that can possibly act as resistance now.
Welcome to our daily trade setup ( GBPAUD )! - 1 HOUR Reaction from 1.98500 support zone 4 HOUR Bearish market in a pullback right now, good long entries. OVERALL Market slowed down, expecting some bullish pressure now. - FOREX INTRADAY BUY GBPAUD ENTRY LEVEL @ 1.99570 SL @ 1.98680 TP @ 2.00870 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels -...
In its latest meeting on Tuesday, the Reserve Bank of Australia decided to leave the interest rate for the Australian Dollar unchanged from its current record low of 0.25%. In a statement, the RBA said that they would not increase the rate until they were confident that the inflation rate would increase at the target rate of 2-3%. As expected, they were concerned...
RSI , MACD low hi.. My stop : 1,03823 Target : 1,02900
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. USDJPY is now at a crucial point as its close to its resistance level. if it breaks the resistance line it will go up towards the upper Resistance. If the pair falls back then it will come...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.625. TP4: R2=0.6315. Set the stoploss of these orders at breakout of S2=0.6155. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=0.619. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=0.625. TP4: R2=0.6315. Set the stoploss of these orders at breakout of S2=0.6155. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...