Midterm forecast: While the price is above the support 0.9105, resumption of uptrend is expected. We make sure when the resistance at 0.9775 breaks. If the support at 0.9105 is broken, the short-term forecast -resumption of uptrend- will be invalid. Technical analysis: While the RSI resistance #1 at 53 is not broken, the probability of price increase would be...
AUDCAD / H4 / Technical Chart show short direction Price move inside of the Triangle. if it will break out the upper line of Triangle, D point will break, it will go to Resistance zone. Have another analysis at this pair, please share in comments, we will be glad to discuss.
As we can see in this graphic, AUDCAD has reached an overbought state. CAD is falling due most likely to Trump tweet this morning, where he tweets about the price of USOIL, affecting then the CAD. Candlesticks signals and RSI overbought and AUD Fundamentals indicate that this is a good time to sell. How to trade? SELL between: 0.9465 - 0.9480 Take profits: Close...
EUR AUD is trading on his Daily resistance, on other side AUD is trading on weekly support we can see a short term Aud bounce from this point , technically EUR/AUD the 1 hour right side is down with a bearish sequence. Near-term while below the the 1/24/19 highs the pair can continue lower again to correct the cycle up from the 2/22/17 lows. Sell EUR...
EURAUD h4..... it has formed double bottom ... it’s good to take buy order after h4... candle closing above the neckline
Midterm forecast: There is no trend in the market and the price is in a range bound, but we forecast beginning of downtrend. Technical analysis: A peak is formed in daily chart at 1.6780 on 01/03/2019, so more losses to support(s) 1.5670, 1.5530, 1.5345 and more depths is expected. Price is below WEMA21, if price rises more, this line can act as dynamic...
EURAUD has Formed strong bearish pin bar and taken resistance from trend line too. Entry can be taken after a small correction which price can take from 200 EMA.Overall Trend is down so more downside can be seen this week in this pair.
double top confirmed and my target is between 1 and 2 (green box)
refer chart cphyer pattern is finished to bearish 30mtf
having a strong resistance at 0.95835(yellow line) + overbought condition ---> confirm a trend change go short ...
AUDJPY is likely to breakout sooner than later. Buy ONLY ABOVE 83 with Target of 84.20 and Stop-loss of 82.50