AUDUSD Sell NOW SL: 0.68031 TP1: 0.67631 TP2: 0.67531 US Dollar Index: DXY licks its wounds near 101.30 ahead of US inflation, bank survey report
AUDUSD Sell NOW SL: 0.67671 TP1: 0.67271 TP2: 0.67171 Australian government pledges $10 billion in budget to ease cost of living
Sell Now SL: 0.67496 TP1: 0.67096 TP2: 0.66996 Forex Today: Banking woes, US NFP to keep volatility high ahead of weekend
Bulls look set to enter the market as last Friday indicated bulls lacked the strength necessary to overcome resistance zone @ 0.67885. Price pull backed and retraced towards support @0.67211 Long signal on breach and close of 0.67211 level Short signal on break and close of 0.66764 level
As expected in my last published idea, price dropped 100 pips after rising 1.32% since the start of the year. This was clear indication that buyers were struggling to gain momentum three months into the year. Fundamentals also didn’t favor the buyers a strong Non-Farm Payroll report help sink the asset. With the market turning key price support levels into...
As predicted in my last published idea, price moved 60 pips from January 04 low. Now, Price action has been sideways with price rising just 1.32% since the start of the year. This is proof buyers and sellers are still undecided in their investment decisions and will continue to be influenced by fundamental data. With signs of continued dollar strength we expect...
The Price of AUDUSD is falling and is trading close to 0.6700 which is its lowest since Jan ‘04. Since this is a key psychological price level buyers may want to defend this level as the dollar strength looks to be weakening on the day.
Nice Break of Structure. Expecting bulls and bears to fight this one to the upside
Hello Friends!! AUDCHF completely follows the AUDUSD pair and as expected theAUDUSD pair dropped towards the 0.70-0.55 level and I expect this pair to mimic that movement. I have linked the analysis of AUDUSD to this post so you can also check that out. Happy Trading!!
Inflation figures have remained elevated and that has further increased rumors of at least a 75bps rate hike from the Fed Reserve. With Fed funds future prices suggesting a 20% chance of a 100bps still happening, it’s unlikely that Fed would go that far. Russia’s war with Ukraine continues despite the agreement last week allow Ukraine to ship grain out of its...
The Price has rejected the 0.68965/0.68962 level and is currently sitting at resistance at 0.69192 towards. Preferably we’re looking for a break and close above Resistance 0.69192 to buy the pair. Alternatively, rejection of this resistance would switch our bias and a rolling back down towards support at 0.68962 would be likely. This is our target. This is...
The Price has broken through the 0.6865 level and is currently sitting at resistance at 0.6946 heading towards 0.69396. Preferably we’re looking for a break and close above Resistance 0.6946 to buy the pair. Alternatively, rejection of this resistance would switch our bias and a rolling back down towards support at 0.68130 would be likely. This is our target....
Hello TradingView Members !! It seems as though the RBA will stick to its current approach in withdrawing monetary support as “inflation is forecast to peak later this year,” and the minutes from the July meeting may fuel speculation for another 50bp rate hike in August as “the Board expects to take further steps in the process of normalising monetary...
Hello Friends & Traders !! AUDUSD pair may fall 28-58 pips SHORT POSITIONS below 0.6765 with targets at 0.6705 0.6680 and 0.6660 in extension LONG POSITIONS above 0.6765 with targets at 0.6795 and 0.6825 in extension Current Position ( Risky ) SELL: 0.67313 SL: 0.67463 TP: 0.67113 Trade Safe and look for other positions around key levels
Hello Friends, Investors and Traders !! The U.S. dollar climbed to a fresh new 20-year high in early trade Tuesday. The latest US Consumer Price Index is due on Wednesday and is expected to show an 8.8% year over year increase and a 1.1% month over month increase. In combination with Friday’s strong non farm payrolls release, this will point to another Fed...
Hello Friends and Traders !! AUDUSD May continue to fall 18-38 pips SHORT POSITIONS below 0.6830 with targets at 0.6775 , 0.6755 and 0.6740 in extension LONG POSITIONS above 0.6830 with targets at 0.6850 and 0.6875 as targets Current Position SELL : 0.67651 SL : 0.67801 TP : 0.67451 Trade Safe and look for other entry positions around key levels
Hello Friends, Investors and Traders !! Economists are skeptical as to why investors were willing to increase risk amid positive economic developments, because they initially hoped for an economic slowdown that would convince the Fed to ease its aggressive tightening. The Fed's minutes show members were in favor of "moving to a restrictive stance of policy, and...
Hello Investors and Traders !! The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid after US consumer morale hit an all-time low, as measured by the consumer sentiment index. The reading of 50.0, missing the 50.2 forecasts, is the lowest level since the University of Michigan began compiling the...