AUDNZD LongHey traders, in the coming week we are monitoring AUDNZD for a buying opportunity around 1.077 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Australia
GBPAUD ShortHey traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.757 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF LongHey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.696 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDJPY is preparing for the LANDINGHey traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 90.3 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF LongHey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.688 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD LongHey traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.736 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD LongHey traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.72 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF LongHey traders, in the coming week we are monitoring AUDCHF for a buying opportunity around 0.68 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD LongHey traders, in the coming week we are monitoring AUDUSD for a buying opportunity around 0.728 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDJPY longHey traders, in the coming week we are monitoring AUDJPY for a buying opportunity around 85.4 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
GBPAUD ShortHey traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.789 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD LongHey traders, above is a technical overview on AUDUSD and the most important zones to watch. we have first of all 0.729 and right after 0.723 zone.
the number of stars indicates the strength of the demand zone.
we expect AUDUSD to reach 0.76 in the long term.
trade safe, Joe.
GBPAUD ShortHey traders, in today's trading session we are monitoring GBPAUD for a selling opportunity around 1.8 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDJPY LongHey traders, in today's trading session we are monitoring AUDJPY for a buying opportunity around 84 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDUSD LongHey traders, in today's trading session we are monitoring AUDUSD for a buying opportunity around 0.729 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCHF LongHey traders, in today's trading session we are monitoring AUDCHF for a buying opportunity around 0.678 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
GBPAUD KEEPS FALLINGSince Europe and UK would be hit hardest from fuel supply insecurity and the measures against the Russian Federation, investors moved their capital in less riskier currencies and GBP was hit by a sell-off.
On the other hand, Australia is not endangered by fuel supply insecurity, but the Reserve Bank of Australia did not raise the interest rate due to the concern that the wages will fail to keep up with the price increases.
Currently both MACD and RSI are showing a slowing down trend, but it is still early for a reversion. If the trend continues it might try to test it's previous resistance of 1.8248 from December. If we observe a reversion on the other hand, the instrument will first try its resistance of 1.8375.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
AUDUSD ShortHey traders, in this week we are monitoring AUDUSD for a selling opportunity around 0.73 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
GBPAUD ShortHey traders, in thsi week we are monitoring GBPAUD for a selling opportunity around 1.875 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
AUDNZD LongHey traders, in today's trading session we are monitoring AUDNZD for a long term buying opportunity around 1.065 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
AUDCAD ShortHey traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.92 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Double Bottom in AUDUSD, Expected Rally Towards 0.78Trend Analysis
The main view of this trade idea is on the 2-Hour Chart. The FX Cross AUDUSD formed a double bottom or W pattern around the 0.71 and 0.718 support areas. The resistance for this pattern is observed around the 0.7475 price level where AUDUSD recently broke above and held. Expectations are for the rally to continue, which will take AUDUSD towards 0.78. This view will be negated if AUDUSD declines below 0.7475.
On the Daily Chart AUDUSD is trending higher with initial levels of resistance seen around the 0.765 price level. Once the FX Cross breaks above initial resistance, it can test the 0.78 price level. A negation of this longer termed view will occur if AUDUSD declines below 0.736.
Technical Indicators
AUDUSD is trading above its long term MA. The Awesome Oscillator is above 0 and green. The Supertrend Indicator is also in a bullish mode with support around the 0.746 price level. These tell a bullish story for AUDUSD.
Recommendation
The recommendation will be to go long at market, with a stop loss at 0.745 and a target of 0.78. This produces a risk/reward ratio of 4.35.
Disclaimer
The views expressed are mine and do not represent the views of my employers and business partners. Persons acting on these recommendations are doing so at their own risk. These recommendations are not a solicitation to buy or to sell but are for purely discussion purposes. At the time of publishing, I have a position in AUDUSD.
AUDUSD LongHey traders, today we are monitoring AUDUSD to add more long position around 0.71900 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
