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EUR-NZD Local Long! Buy! Hello,Traders! EUR-NZD is trading in a downtrend on Weekly And the pair is suppressed by the horizontal resistance And a weekly falling resistance line As we can see, EUR-NZD fell from the resistance level again Clearly lacking power to break it However, the pair is now fallen to the rising support level And I think that we might see a rebound from this level And a retest of the horizontal one Mixed bias, but local long Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
Long
by TopTradingSignals
4
EUR/USD nestling support! Both looking susceptible to steeper depreciation vs their US rival, with the Euro only just recovering from a stop-chase through the 18 DMA (1.2060) in time to avoid more sell orders sitting at or beneath 1.2050. Nevertheless, EUR/USD also faces heavy and layered option expiry interest from the round number above to 1.2150, including 1.3 bn at 1.2100, 1 bn from 1.2115-35 and the same size between 1.2140-50. Overall further upside is anticipated over the coming weeks.
Long
by FTUKcom
12
EUR/USD - Break of Range to the downside?Good Morning Traders and welcome to a new trading week! I appreciate every single one of my followers and I really hope you enjoy my daily analysis! On this pair we can see price trading in a range, potentially heading lower to test the support zone of our range. This week we could see a break to the downside in line with my longer term directional bias. Any questions just drop me a private message. I will do my very best to reply! Have a great trading week!
Short
by Jal121
1
AUDUSD Correcting. Uptrend still intact.#AUDUSD: (1D): Also here the USD is getting weaker, resulting in a clear uptrend, which is confirmed by the 200 EMA as well. After last complex consolidation, the chart has been overextending for quite some time, so consolidation was to be expected. (4H): On a shorter period indeed, we have a downtrend. We recently had a fakeout to the downside, when sellers tried to accelerate without result. (1H): Right now, we have a range which means indecision in the market. This also means that we could see a deeper correction, as well as a strong uptrendtrend rebound if broken to the upside. This aligns with gold analysis (AUD positively correlates with XAU).
Long
by Wikiwicks
2
GBPAUD Price Action| Daily S/R| Local S/R| Swing High Evening Traders, Today’s analysis – GBPAUD- trading above Daily S/R, further upside is probable, Points to consider, - Price Action Impulsive - Daily S/R Support - Local S/R Resistance - Oscillators Extended - Swing High Objective GBPAUD’s immediate price action is trading above Daily S/R, a pullback retest with a hold will allow for a bullish bias. The current resistance is Local S/R, breaching this level will make the swing high objective. Both oscillators are currently overextended; a reversion to their mean is currently in the process. Overall, in my opinion, GBPAUD is a valid long with defined risk, price action is to be used upon discretion/ management. Hope this analysis helps Thank you for following my work! And remember, “Hope is bogus emotion that only costs you money.” – Jim Cramer
Long
by AzizKhanZamani
2