EURAUD 4HPrice broke back into the consolidation range after the ECB conference the other day. Price now sitting at the 200 EMA, where we could see a potential pullback before a continuation to the downside..
Aussiedollar
AUDNZD 4HBreakout of supply area, now watching for a retest rejection for longs up to daily resistance.
EURAUD 60Price has found a new demand zone, & is looking to be respecting it. From here we could see a bounce back to the upside. EUR news in the morning, something to keep an eye on..
EURAUD 4HPrice making a higher low now after a strong bullish break to the upside out of consolidation.. Should have a solid buy setup coming up on this pair
AUDNZD 2HPotential short setup here price reached the 50 fib retracement area, now its possibly that a lower low is on the cards next..
AUDCHF 4HPotential support breakout / channel break & retest. Will be watching price action when the market opens for a sign of a reversal..
AUDUSD DAILYPrice moving in a downtrend making lower lows & highs, now running into an area of support. I'll be watching for a potential pullback (lower high) before continuation down for price to make its 4th touch to the weekly ascending trendline.
EURAUD 4HBreak & retest of the CTL to the upside, consolidation resistance broken now we can see this pair potentially make a strong move to the upside. Daily time frame we have a previous hammer candle to support following with a bullish engulfing candle breaking above 1.58000 resistance.
EURAUD 4HTesting trendline resistance, price has been in some serious consolidation. Double top pattern on the daily to 1.58000 still valid, now waiting for a breakout of the range for an overall larger move
AUSUSD Channel trading planFX:AUDUSD seems to be forming a bear flag on the large timeframe, there are some nice potential opportunities for a gartley completion which would also be a cypher C leg - instead of taking targets @ 38.2% for the bearish cypher I will probably hold longer term to see if we can break out of the channel/bear flag.
AUDNZD 4HPrice created a inverse Head on Shoulders pattern, recently breaking above the neckline & now price is retesting broken resistance as new support now. NZD press conference shortly will be watching price action...
AUDNZD 4HPrice in a downtrend, now coming back again to reject off a 4 hour supply zone, & I will now watch for a reversal signal to enter short down to the previous lows & a new possible lower low..
AUD/USD - Intraday Idea - Textbook SetupDaily Chart: Price action eagerly respected the Daily trend line support and bounced off immediately. This area too is in confluence with a historical support/resistance level. Price action also arrived at the buy zone I set last week.
Hourly Chart: If the hourly candle would perforate and break the nearest trend line resistance. The possibility for AUD to test the Daily trend line resistance would increase.
Note: My bias on DXY is short. Hence, I based my analysis of this currency pair on it. Trade at your own risk my friend!
Caveat!
AUDNZD 4HPrice broke its counter trendline with a bullish engulfing candle. Price now going towards a supply area, where I will be watching for a reversal candle to continue the downtrend, or a break above for a deeper retracement up to daily resistance (Purple zone). On the watchlist for the upcoming week!
Aussie continuation prevailing trend has been exhausted and expecting to continue further as there is no visible strong bearish momentum formed so far, if the price broke above 0.7892 support firmly, a long call would prevail up to 0.8082 level with a RR of 1:16 and 103 pips straightly . be alert on the 0.7892 level
GBPAUD DailyAfter price made a false breakout, now we can see price may be coming up to make a triple top, where ill be watching for a rejection candlestick to enter short or a clean breakout & retest of the ascending trendline for entry.. Patience is key
AUDNZD 4Hprice following a nice downtrend, will now be watching for a break of support & retest rejection for continuation down to the next area of daily support..
GBPAUD 4HHead on shoulders pattern. Price is showing some pressure to its supply zone showing signs of bearish movement. A retest to the supply zone is potential for entry or wait for a break & retest of prices initial ascending trendline..
AUDJPY DailyPrice closed above weekly key level support, where in the past price has made a reversal off this area. Will be looking for a bounce this upcoming week
EURAUD 4HPrice rejecting off a strong daily supply zone, which buyers were unable to break above. Looks like price broke its trendline, & price can see some bear rallies this upcoming week
AUDJPY 2HPrice looks to have broke its descending trendline, & is showing sensitivity to daily support. Now looking for potential entry on the retest as I believe price will start making its way back up
