AUD USD - update (daily timeframe focus)The audio didn't record in the last one, so here is an update.
G'day,
Master Key for zones
Red = Three Month
Blue = Monthly
Purple = weekly
Pink = Consolidative box example (Daily)
Orange = Daily
Risk Warning
Trading leveraged products such as Forex, commodities and CFDs, carries with it a high level of risk and so may not be suitable for every investor. Prior to trading the foreign exchange, commodity or CFD market, consider your investment objectives, level of experience and risk appetite. You should never risk more than you can afford to lose. If you fail to understand or are uncertain of the risks involved, please seek independent advice and remember to conduct due diligence as criteria varies to suit the individual.
Below are some of the take aways from the video - please listen again incase any detail is missed
Monthly
Weekly
Daily
Volume profile added
Value area up and down purple & Blue respectively are important to note in where price is taking us.
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Professional analyst with 8+ years experience in the capital markets
Focus on technical output not fundamentals
Focus on investing for long term positional moves
Provide updates where necessary - with new updated ideas tracking the progress.
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LVPA MMXXIV
Techniclanalysis
Navigating GBPAUD's downtrendIn the upcoming trading session, our focus is squarely on GBPAUD as we explore a potential selling opportunity around the 1.90800 zone. GBPAUD, entrenched in a downtrend, is presently navigating a correction phase, drawing closer to the trend at the crucial 1.90800 support and resistance juncture.
As we delve into this analysis, it's essential to consider the broader market dynamics. The prevailing downtrend in GBPAUD aligns with our anticipation of AUD strength. This expectation stems from the bullish bias observed in indices like NASDAQ, where positive correlations between stocks and the Australian Dollar (AUD) often influence currency movements. Consequently, traders should keep a watchful eye on this interplay as they strategize their positions in the GBPAUD pair.
Trade safe,
Joe.
LQTYUSDT.P Bearish wick filling price BINANCE:LQTYUSDT.P Now we are on the way to open Short Trade, we have wick price around
$ 2$ price must be fill this price after that we go on our bearish target until 1,30$ & 1,15$
1,92 and 2$ our strong Resistence zone also, Our Technical analysis is weekly Timeframe so that we need to wait more in order to reach our main Target
BINANCE:LQTYUSDT.P MEXC:LQTYUSDT.P BYBIT:LQTYUSDT.P BITGET:LQTYUSDT.P