Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (38504.76).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD 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...
AUD/USD is in strong Uptrend . Ideally it should be brought around 0.740 with Stop Loss at 0.7296 and Take profit 0.7555. I am anticipating a strong uptrend as it is evident from tools like Support and resistance, MACD and other tools.
PS: Please trade on your own risk.
Overall, GBP/USD is trending downwards. Recently, GBP/USD broke below the key level of 1.33.
Currently, GBP/USD is testing the support zone of 1.32200 and the next resistance zone is at 1.33800.
Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27.
USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200.
Look for short-term selling opportunities of USD/CAD.
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (10.219).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. NEARUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Midterm forecast:
1874.88 is a major support, while this level is not broken, the Midterm wave will be uptrend.
We will close our open trades, if the Midterm level 1874.88 is broken.
Technical analysis:
While the RSI uptrend #1 is not broken, bullish wave in price would continue.
A trough is formed in daily chart at 1780.20 on 01 /28/2022, so more gains to...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.2072).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CHZUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.009386).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BNBBTC is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9235).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.05394).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. VETUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
![AUDUSD: AUD/USD Analysis [BUY]](https://s3.tradingview.com/k/KLMAyycE_mid.png "AUD/USD Analysis [BUY]")
