AUD (Australian Dollar)
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9355).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 0.9410
TP2= @ 0.9450
TP3= @ 0.9500
TP4= @ 0.9555
TP5= @ 0.9615
SL= Break below S2
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💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9355).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 65.
Take Profits:
TP1= @ 0.9410
TP2= @ 0.9450
TP3= @ 0.9500
TP4= @ 0.9555
TP5= @ 0.9615
SL= Break below S2
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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in AUDJPY
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (84.480).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 48
Take Profits:
TP1= @ 84.230
TP2= @ 83.970
TP3= @ 83.740
TP4= @ 83.440
TP5= @ 83.020
SL: Break Above R2
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GBPAUD TECHNICAL ANALISOn the #GBPAUD we can see 2 ways....
the first is short because the indicator is setted in this way, wait the break of the lower tranding line and the retest if confirmed i'll go short to tp. 1.76
If the line 'll not broke i'll go to long with a shortterm position 4-8h and follow the trending line
AUDJPY OUTLOOKThis is not a financial advice, only meant for educational purposes.
This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions at that level
**Indicator predicts the reversal/weakness at that level
** Making sure other correlating pairs are also reversing
**Candlestick Pattern at that level
AUDCHF OUTLOOKThis is not a financial advice, only meant for educational purposes.
This the technical outlook of for the week. IF the set-up above plays out, we will be be looking forward to short the pair, provided it satisfies the below conditions
**Indicator predicts the reversal/weakness at that level
** Making sure other correlating pairs are also reversing
**Candlestick Pattern at that level