AUD (Australian Dollar)
EURAUD, Trending near the Long term Support area near 1.56-1.57EURO against Australian Dollar , after a completely bearish week , Expecting this pair to off the Support area to see some buyers control this week, It may test the area of 1.59 for a breakout this week , if it happens it may trend a breakout price action.
💡Don't miss the great buy opportunity in EURAUD Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (1.5670).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 63.
Take Profits:
TP1= @ 1.5837
TP2= @ 1.5902
TP3= @ 1.6005
TP4= @ 1.6143
TP5= @ 1.6252
TP6= @ 1.6409
SL= Break below S2
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💡Don't miss the great sell opportunity in AUDNZDTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0810).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 45.
Take Profits:
TP1= @ 1.0760
TP2= @ 1.0720
TP3= @ 1.0680
TP4= @ 1.0630
TP5= @ 1.0565
SL: Break Above R2
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AUDCHF : LOOKING FOR SHORT OPPORTUNITY!AUDCHF is ready to kickstart at 2021, Has the ascending channel fill in it with double rejection at the top, Can trade for this upcoming week, All need a proper risk management & to take the entire move to the downside, AUD seems week across the board. So can take the opportunity for the short! Happy New Year everyone.
💡Don't miss the great sell opportunity in EURAUD Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.6016).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. EURAUD is in a range bound and the beginning of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 20.
Take Profits:
TP1= @ 1.5829
TP2= @ 1.5692
TP3= @ 1.5570
TP4= @ 1.5438
TP5= @ 1.5266
SL: Break Above R2
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. . . . . Please show your support back,
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great sell opportunity in AUDNZDTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (1.0667).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDNZD is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.
Take Profits:
TP1= @ 1.0641
TP2= @ 1.0625
TP3= @ 1.0591
TP4= @ 1.0563
TP5= @ 1.0515
SL: Break Above R2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
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❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️