in our last analysis We were expecting a big rally for GBP/AUD. Since then the price moved in our favor and made over +750 pip for us. Despite weaker CPI data for AUD, we are now looking for a correction in the 1.98 zone. Our technical view has been shown in the chart. If you like it then Support us by liking, Following, and Sharing. Thanks For Reading Team...
The price is falling towards the support level which is a pullback support that is slightly below the 161.8% Fibonacci extension and could bounce from this level to our take profit. Entry: 0.6467 Why we like it: There is a pullback support level that is slightly below the 161.8% Fibonacci extension. Stop loss: 0.6442 Why we like it: There is a pullback support...
The Aussie (AUD/USD) is currently on the pivot which has been identified as a pullback support and could potentially rise from this level to the pullback resistance. Pivot: 0.6530 1st Support: 0.6492 1st Resistance: 0.6590 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...
AUD/CAD is rising towards the resistance level, a pullback resistance that lines up with the 38.2% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.90924 Why we like it: A pullback resistance level lines up with the 38.2% Fibonacci retracement. Stop loss: 0.91278 Why we like it: There is a pullback resistance...
AUD/USD is rising towards the resistance level, a pullback resistance that is slightly above the 23.6% Fibonacci retracement and could reverse from this level to our take profit. Entry: 0.6591 Why we like it: There is a pullback resistance that is slightly above the 23.6% Fibonacci retracement. Stop loss: 0.6622 Why we like it: There is a pullback resistance...
Hey Traders, in tomorrow's trading session we are monitoring AUDCAD for a buying opportunity around 0.89 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.89 support and resistance area. Trade safe, Joe.
The Aussie (AUD/USD) is falling towards the pivot and could bounce to the 1st resistance level which is a pullback resistance. Pivot: 0.6561 1st Support: 0.6520 1st Resistance: 0.6623 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...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66400 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66400 support and resistance area. Trade safe, Joe.
AUD/JPY is falling towards the pivot which is a pullback support and could bounce to the 1st resistance which is also a pullback resistance. Pivot: 102.64 1st Support: 101.59 1st Resistance: 103.88 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...
AUD/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 23.6% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.91548 Why we like it: There is an overlap resistance level which lines up with the 23.6% Fibonacci retracement. Stop loss: 0.91819 Why we like it: There is a...
This is Part 2 of the Weekly Forex Forecast for July 22-26th. In this video, we will cover: USD Index, EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD, USDCHF, USDJPY ... and BitCoin Enjoy! May profits be upon you. Leave any questions or comments in the comment section. I appreciate any feedback from my viewers! Like and/or subscribe if you want more accurate...
The AUD/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours. Key Points: Sell Entry: Consider entering a short position around the current price of 0.9200, positioned close to the breakout...
Hey Traders, in tomorrow’s trading session we are monitoring AUDCHF for a buying opportunity around 0.59300, AUDCHF is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.59300 support and resistance area. Trade safe, Joe.
The EURAUD has reversed its near term upwards trajectory upon AUD news last night (employment up). More employment means strength for the AUD as it typically does not help inflation lower. Having that said, we are nearing intraday setups between falls. Longs preferred lower @.618 on displayed chart, coinciding with higher timeframe areas.
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Needs this current area to clear on daily timeframe before it can head higher,more bias on it to go up though. 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...
AUDUSD - 24h expiry The primary trend remains bullish. A lower correction is expected. The hourly chart technicals suggests further downside before the uptrend returns. Preferred trade is to buy on dips. Bespoke support is located at 0.6670. We look to Buy at 0.6670 (stop at 0.6646) Our profit targets will be 0.6730 and 0.6745 Resistance: 0.6710 / 0.6730...
The price is falling towards the support level which is a pullback support that is slightly below the 61.8% Fibonacci retracement and could bounce from this level to our take profit. Entry: 0.6677 Why we like it: There is a pullback support level which is slightly below the 61.8% Fibonacci retracement. Stop loss: 0.6642 Why we like it: There is a pullback...
Hey Traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.66600 zone, AUDUSD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.66600 support and resistance area. We would also like to consider the current bullish bias on indices, due to the positive correlation AUDUSD...