AUDUSD Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are also looking very bullish on this pair, AU. We can consider our support level around 0.73000 as the key zone. As long as price action is above 0.73000 we will generally be looking for long scenarios. Ideally we can spot a strong reversal above 0.73000...
Gold broke above 2000 USD price tag. Geopolitical tensions and weakness in the general stock market continue to act as bullish catalysts for gold. Positive outlook for gold is also supported by a combination of bullish technical factors. Because of that we would like to set a new short-term price target for XAUUSD to 2025 USD. Additionally, we would like to set a...
AUDUSD Bullish Idea Weekly Trend: Bullish Daily Trend: Bullish 4Hour Trend: Bullish Trade scenario 1: We are looking bullish on all timeframes as we saw a major break of the 0.73000 resistance level. From here we’re looking for our next structure point in the form of a higher low as close to 0.73000 as possible. Trade scenario 2: For us to consider AU bearish...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: We are looking pretty bullish here on the 4hour timeframe and price action is holding a steady bullish channel. The most likely scenario is that price action will continue bullish and we will look for higher lows established above 0.72000 to enter long...
Good area for shorts on audusd so we look to follow our parameters
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: The 4hour timeframe is looking bullish while the higher timeframes are still majorly bearish. From where price action is right now we’re looking for a higher low near 0.71450 with bullish setups to confirm. Look to target back toward 0.72000 and look for a...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Looking very bearish here on AU and last week we saw a significant bearish leg form. From here we’re looking to continue with the bearish trend and we will be looking for lower high setups to enter short on. Trade scenario 2: For us to consider AU bullish...
Gold took a beating after the last FOMC. It plunged below three important support levels: 1850 USD, 1835 USD and 1800 USD; additionally, this drop invalidated the recent bullish breakout above 1835 USD. The FED's commitment to raise interest rates multiple times in 2022 poses a substantial threat to gold price. The FED's aggressive stance towards raising interest...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are looking very bearish here on AU as last week we saw huge downside movement. Currently, price action is resting at support near 0.70000, our monthly level. Ideally, we see price action continue to form structure and are able to spot some lower highs near...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: Overall we are looking bearish but we need to see how price action reacts near 0.72000 first. Ideally, we can see price action push lower then form a lower high below 0.72000. We can then look for short opportunities and target lower support levels. Trade...
Hello Folks! This is my outlook on Major pairs for 24-28 Jan 2022. This is not financial advice, please DYOR before taking a trade.
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Higher timeframes are still holding an overall bearish trend while the 4hour trend is bullish and looks promising for the week ahead. We’re looking for higher lows near 0.72000 support with strong bullish candlestick setups to enter long on. Look to target...
AUDUSD Bearish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bearish Trade scenario 1: We are back to bearish! We saw a nice bearish transition on the 4hour timeframe around our 0.72000 zone. From here we’re looking for this lower high to confirm before entering short. Look to target lower toward 0.71000 support. Trade scenario 2: For us to...
AUDUSD Bullish Idea Weekly Trend: Bearish Daily Trend: Bearish 4Hour Trend: Bullish Trade scenario 1: Looking very bullish on the 4hour and we could be continuing this way if we can confirm a higher low above 0.72000. With the right confirmations and candlestick setups enter long after the higher low and target toward 0.73000 Trade scenario 2: For us to...
Hi Folks! This is my daily review of AU This is not financial advice, DYOR before taking trade.
Gold responded pretty well to yesterday's FOMC meeting. It soared from as low as 1753 USD yesterday to as high as 1798 USD today. We continue to maintain a bullish view on gold as we expect the tightening cycle (with presence of high inflation) to be very bullish for gold. Additionally, we expect gold to break above the resistance level at 1835 USD. We expect this...
Hi Folks! This is my outlook on some major forex pairs that i trade for the upcoming week. Please have a tea and some snacks and enjoy my video and prepare your charts for the upcoming week with me. This video is just for educational purpose, not financial advice, please DYOR before taking any trades. If u like please hit the Like and Subscribe.
Hi there We got a week sweep of the asian range lows for AU so expecting the price to go to the high of the range. This is not financial advice please DYOR before taking trades.