AUDCAD 4Htriple bottom, price sitting back above previous resistance now support, Watching for a break of the trend line for buy opportunities. Lets see how it plays out this upcoming week
Aussiedollar
GBPAUD 4H38.2% Fibonacci holding as potential resistance, now watching for a break of the CTL on the 60 min time frame for potential shorts down to the next level of daily support
AUDUSD 4HPrice is due for a higher low now back to daily weekly support, before another move to the upside
EURAUD WEEKLYIt is always important to refer back to the weekly chart to avoid price "fakeouts". Looks like we have our 3rd touch to the trendline, which could come a very strong move to the upside, continuing its uptrend making higher highs & lows. Higher low completed, now a new higher high is on the cards for 2018
AUDNZD 4HPrice failed to break above daily resistance on the daily close, now breaking my counter trendline to the downside.. I will be watching for a 4 hour close below for potential shorts
AUDCHF DAILYBack at channel resistance.. will be see a break to the upside or a bounce back to the bottom? I anticipate a bounce because price is making lower lows & highs, but I will be watching this one closely to see how price action reacts.
EURAUD 4HSupport broken / daily 61.8% Fib level, watching for the next 4 hour close to be below the trendline for shorts
AUDNZD DAILYPrice broke out & retested its uptrend channel, showing a reverse of trend & it looks like price is making lower lows & highs now.. Price rejecting resistance once again, a new lower low is likely on the cards
EURAUD 4H (Break or Bounce?!)Price is back at its daily uptrend line / Daily support. Watch price action during London session to see whether price will break or bounce from the decision point it is at now.
EURAUD 4HEntered earlier after a breakout of consolidation occurred, & price was able to break daily resistance. At this point we could have a continuation to price's daily uptrend, & I will watch how price reacts at the Counter trend line @1.56000 (daily resistance)..
AUDUSD 1HTriangle pattern here, stuck between support & resistance.. Watch for a break of the top & resistance for buy opportunities
Supply Demand of AUDUSD waiting for antipodean currencies...Hi,
This trade is based on an indicator free trendline. The AUDUSD has been rising along side GOLD and Silver. Gold and Silver look to be consolidating while AUDUSD is looking to sell off.
Lets see if this trade works! patience...
AUDCHF 4HPrice broke out of a falling wedge pattern last week showing a reversal of trend. Price recently broke a strong resistance level now turning support making a (higher low), now looking for a break of the counter trend line for a completion of an ABCD pattern
AUDUSD 4HPrice broke back above daily resistance turning support after reversing its downtrend with a bullish engulfing weekly candle close, I will be watching for a break of resistance 0.76800 area for a new higher high up to weekly resistance.. : )
AUDNZD 60Simple support & resistance in play.. Watching for a close above CTL for buy opportunities ... :)
AUDJPY DAILYPrice is in a downtrend making lower lows & highs after breaking its weekly uptrend, price may touch the 61.8% level before continuing to the downside.. Expecting a lower low this upcoming week...
AUDUSD weekly - Bullish engulfingAfter a week long bull move the AUDUSD 0.22% has formed a good looking engulfing candle for a long trade on the weekly chart.
The bullish engulfing coincides with the uptrend after a retracement.
Trade presents a positive 2.4 RR ratio with a high probability setup.
EURAUD DAILYPrice now near its daily uptrend after moving over 200+ pips this week.. Price is rejecting nicely, could we see a bounce from here!?
AUDUSD - DAILY CHART - SELL SETUPAudUsd - Daily time frame. I see a pullback on dollar index so I am expecting USD strength and this pair to drop another swing down.
AUDUSD TO BREAK RESISTANCEAUDUSD has reached both of this weeks targets while still holding a fair amount of momentum.Once again we have reached our familiar reversal zone that showed SUPPORT in early November then Resistance in late November and Early December. According to our MACD indicators we can expect a bullish divergence allowing the price to break through our targeted resistance level and rally up towards our new at around 0.76400.
GBPAUD 4HSeems like we got a break of the daily uptrend line that has been holding for some time now .. This could be the start of a reversal for this pair, so to add more confirmation I will be looking for a break below the support its at now for a continuation lower..
EURAUD 4HUnder resistance, im leaning more to the downside on this pair, but if we get a break above resistance & the 61.8 fib I will look at a potential continuation of this pairs uptrend.
