buy xau/usd because the candle has broke the support line
Plan : The price already bounce off from resistance level --> BUY NOW **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we...
Wait for the price to retrace a little bit in 4hr chart then sell(look at chart) As i mentioned before Cad is gonna be weak in coming months
OANDA:EURAUD EURAUD Recently broken out of it's short-term downtrending resistance, and come back down to bounce off of it. EURAUD looks like its beginning to reverse and journey again to the main fib levels, and even to it's long-term downward resistance. Keep an eye out, but IMO it's time to go long.
NZDCAD has broken previous structure, Formed a new channel and has made support at key levels, TP at next level within upwards channel From here I'd expect a reversal back to .88 0r .87500
We can see a double top at a place where we had previous resistance. If we brake the trendline AND have a confirmed double top at the killzone(green rectangle = 0,5-0,782 fib retracement) then we can enter short. Target 2 is an ABCD completion AND 1,414 fib extension from the whole move, additional previous support there too. Remember, you can enter at a confirmed...
Possible bearish momentum may be forming on EUR/USD. - Please take trades under your own diligence. Confirmations - 1 - 50% fib level may indicate trend reversal 2 - price at support Wait for candlestick rejection and then we will get a clearer image of who's in control!
Hi guys ! Before a new week, this is an analysis on GBP/AUD (H4). The MACD and RSI are looking very good for a pump in the next week. There is a resistance around 1.8285, if this resistance is broke, the GBPAUD can reach 1.84685. This is a short idea, be careful ! Thanks for your time. Anthony
Whats up traders so based on my technical analysis I see a head and shoulders forming precise analysis with the retest of 110.510 support breaking it and causing a meltdown. With tomorrows NFP data if its negative but even if its positive there is resistance at 111.730 on the daily time frame. Depending on the market behavior tomorrow will determine my next move,
USDcad is breaking a critical zone at the moment. it will continute to the upside but not before retesting this new found supoort
As we can see the greenback has had good data in the past but we haven't seen that breakthrough we are expecting. When will this happen we keep asking yourself but we must maintain our patience. From my mark ups you can see my technical analysis based on news and patterns. What I see is a bearish flag pattern forming and slowly developing and for sure 0.68 are...
EURAUD is approaching its support at 1.5615 (61.8% Fibonacci extension , 50% Fibonacci retracement , L T 23.6% Fibonacci retracement , multiple swing low support) where a reaction could occur and price could potentially rise to its 1st resistance at 1.5807 (50% Fibonacci retracement , horizontal overlap resistance) or if it breaks past this leave, it could rise...
NZDUSD broke out of its short-term term descending resistance line and horizontal overlap support level at 0.7307 (50% Fibonacci retracement , horizontal overlap support). A strong reaction could occur at this level pushing its price up to our next resistance level at 0.7345 (61.8% Fibonacci retracement , 61.8%, 100% Fibonacci extension , horizontal swing high...