Austinet24

Austinet24

From Daily time frame AUDJPY has a bullish consistent move with the recent bounce off the strong bullish trendline around 76.66 price region. with the BUY Pressure in the direction of the impulse of the market. Bias: BUY AUDJPY @ CURRENT PRICE 76.91 SL = 76.60 TP = 77.55

Austinet24

USD/JPY Intraday Neutral Pivot point: 105.78 Resistance level 1: 106.11 Resistance level 2: 106.41 Resistance level 3: 106.74 Support level 1: 105.48 Support level 2: 105.15 Support level 3: 104.85 The neutral trend persisted on Friday with the USDJPY closing around the daily pivot of 105.91. If the bullish momentum comes back, then...

Austinet24

EUR/USD Intraday Bearish Pivot point: 1.1811 Resistance level 1: 1.1868 Resistance level 2: 1.1939 Resistance level 3: 1.1997 Support level 1: 1.1739 Support level 2: 1.1683 Support level 3: 1.1611 The Euro fell through and closed below the first support level of 1.1818 exhibiting a bearish trend. For future trading references, if the...

Austinet24

GBPCAD has Bearish Engulfing Candle on Daily time frame with a break downward of the Ascending channel around 1.7233 price region, I see the price dropping down to the next Support level of 1.7066 if falter then the next 1.6868. Bias: SELL @ CURRENT PRICE 1.7229 SL =1.7284 TP = 1.7066

Austinet24

The USDJPY pair has been consolidating after a sharp move upward which was resisted @ 106.46 price level, with today surge upward it shows buyers are ready to take over the price move again, zoming back to daily time frame we can see a strong Price Action candlestick set up, a bullish pin bar setting on 105.44 support level with a bullish candlestick confirmation,...

Austinet24

Pivot point: 1.3473 USD/CAD broke the sideways trend as the pair closed between second and third resistance. For future trading references, if the pair retreats then the support level of 1.3409 may be broken and we may see the pair plummet toward 1.3361 region. For a bullish trend goes on, the resistance of 1.3521 could be broken which can take the pair higher...

Austinet24

Pivot point: 1.1414 Euro succeeded to break and stay above the first resistance on Friday and now indicates a relatively bullish trend. For future trading references, if the bullish momentum sustains then the resistance of 1.1454 could be broken and push the price up to 1.1483. However, if a downward trend returns then the support of 1.1386 may falter, which...

Austinet24

The AUDUSD has been maintaining Bullish move since the beginning of the week, inside pin bar can be seen on 4H time frame, with today candle opening with buy pressure, I see the pair having chance to buy more. Bias: BUY AUDUSD @ PRICE 0.6992 SL = 0.6962 TP = 0.7069

Austinet24

USD/JPY Intraday Bearish Pivot point: 106.96 Resistance level 1: 107.27 Resistance level 2: 107.61 Resistance level 3: 107.91 Support level 1: 106.63 Support level 2: 106.32 Support level 3: 105.98 Comment: The pair closed at the second support level region of 106.94. If the bulls strike, then the pair might climb to the resistance of...

Austinet24

The pair is trading below the 1.1415 ahead the ECB's monetary policy decision, to be made today. The central bank is expected to leave interest rates and the monetary policy unchanged, which will stimulate the demand for risk assets and the euro amid the hopeful outlook for the recovery fund and the possible early start of production of the coronavirus...

Austinet24

NZD/USD Intraday Bullish Pivot point: 0.6468 Kiwi closed at the first resistance level of 0.6481. If pair trends upwards, then the pair may rise towards the first resistance level of 0.6497 and test the second resistance level of 0.6517. Alternatively, if the bearish momentum rises, the support level of 0.6447 may be tested which may pull the prices lower...

Austinet24

EUR/USD Intraday Neutral Pivot point: 1.1248 Resistance level 1: 1.1280 Resistance level 2: 1.1319 Resistance level 3: 1.1350 Support level 1: 1.1209 Support level 2: 1.1177 Support level 3: 1.1138 Comment: The pair tested all three resistances but closed at resistance level 1 of 1.1239. For future trading references, if the bullish...

Austinet24

USD/CHF Intraday Bearish Pivot point: 0.9489 Resistance level 1: 0.9514 Resistance level 2: 0.9551 Resistance level 3: 0.9576 Support level 1: 0.9452 Support level 2: 0.9428 Support level 3: 0.9391 The bullish trend failed to persist on Monday and resulted a lost in the end. It broke below the second support level and closed slightly...

Austinet24

From Daily Time Frame the GBPAUD Pair broke down from the ascending channel with a strong bearish candlestick formation of inside pin bar, with major impulse tend been bearish I see the pair selling further to 1.7864 price level. Bias: SELL GBPAUD @ CURRENT PRICE 1.8048 TARGET 1.7864

Austinet24

British Pound seems to be bearish after trading within a lower range. It broke below all support levels in US session and remained below them until market close. If a bearish trend sustains then the pair may adjust to 1.2361 and then test the next support of 1.2299. Alternatively, if a bullish trend sets in motion the pair could head towards 1.2526 level and head...

Austinet24

GBPUSD BUY SETUP Pivot point: 1.2576 Britain Pound traded within a wide range yesterday and still lost the path to follow. It traded between 1.2500 and 1.2630. At last closed near 1.2595 area. As the bullish trend continues the pair could rebound to 1.2853 level and head higher to 1.3001. Alternatively, If a bearish trend emerges then the pair may adjust to...

Austinet24

NZD/USD Intraday Bullish Pivot point: 0.6448 The trend of bullish remains as Kiwi headed higher yesterday. It broke above the first resistance of 0.6456 in US session and closed near 0.6460. If the upwards momentum continues, then the pair may rise towards the first resistance level of 0.6492 and test the second resistance level of 0.6522. Alternatively,...

Austinet24

USD/CHF Intraday Bearish Pivot point: 0.9573 The pair traded within a lower range yesterday and now indicates a bearish trend. It broke below all support levels before market close and remained below them until the end. For a bullish trend to return then first resistance level of 0.9604 needs to be broken, which could allow the pair to push higher to...