Bearish drop off overlap resistance?GBP/AUD has reacted off the pivot and could potentially drop to the 1st support.
Pivot: 2.1038
1st Support: 2.0639
1st Resistance: 2.1260
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AUD (Australian Dollar)
GBP_AUD BULLISH BREAKOUT|LONG|
✅GBP_AUD is going up now
And the pair made a bullish
Breakout of the key horizontal
Level around 2.0940 so as the
Breakout is confirmed we will
Be expecting a further
Bullish continuation
LONG🚀
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AUDJPY: H4, H1 Forecasts, Technical Analysis & Trading IdeaTechnical analysis is on the chart!
No description needed!
OANDA:AUDJPY
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AUD/JPY Pulls Back Ahead of 50-Day SMAAUD/JPY appears to be pulling back ahead of the 50-Day SMA (92.76) as it extends the decline from the start of the week.
In turn, AUD/JPY may track the negative slope in the moving average as it struggles to hold above the 91.50 (61.8% Fibonacci retracement) to 91.70 (38.2% Fibonacci extension) region, with a break/close below 90.50 (61.8% Fibonacci extension) raising the scope for a move towards 89.20 (61.8% Fibonacci extension).
Next area of interest comes in around 0.8660 (78.6% Fibonacci retracement) to 0.8740 (78.6% Fibonacci extension), but AUD/JPY may attempt to further retrace the decline from the monthly high (95.32) should it hold above 90.50 (61.8% Fibonacci extension).
Need a break/close above the 92.80 (50% Fibonacci extension) to 93.30 (23.6% Fibonacci extension) zone to bring the 95.10 (38.2% Fibonacci extension) to 95.20 (23.6% Fibonacci extension) region on the radar, with the next area of interest coming in around the March high (95.75).
--- Written by David Song, Senior Strategist at FOREX.com
AUDCHF: Bulls Will Push Higher
It is essential that we apply multitimeframe technical analysis and there is no better example of why that is the case than the current AUDCHF chart which, if analyzed properly, clearly points in the upward direction.
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AUDNZD Rejected – CPI & RBA Dovish Bias Pressures AussieKey Resistance Zone: 1.0780 – 1.0800
The pair tested this area twice and failed to break above, forming a clear double-top pattern. This is a bearish signal suggesting buyers are exhausted.
Price Action:
A strong bearish rejection candle followed the second resistance test, aligning with historical resistance and structure. The pair is now showing signs of reversal.
Support Levels to Watch:
🥅 Target 1: 1.0707 – Previous consolidation zone
🥅 Target 2: 1.0677 – Key swing low
📉 Stop Loss: Above 1.0800
Pattern: Rising wedge structure breaking down, signaling downside continuation.
🔍 Fundamental Analysis
🇦🇺 Australia (AUD) – Weakness Potential
RBA’s Dovish Leaning:
RBA Assistant Governor Kent emphasized external FX market risks and cautious positioning on monetary tightening, which dampens rate hike expectations【source: RBA speech】.
Key Data Incoming:
April 30: Quarterly CPI data
Forecasts suggest core inflation might ease, reducing pressure on the RBA to act. If CPI undershoots, it could trigger AUD selling.
AUD also faces pressure from global growth fears and risk-off sentiment.
🇳🇿 New Zealand (NZD) – Relative Strength
While the RBNZ has already started easing, the NZD has shown resilience amid improving trade balance and stable economic performance.
NZ Business Confidence is also due, which could influence near-term NZD moves, but broader positioning supports the Kiwi.
🧠 Sentiment Overview
The risk-reward favors shorts here:
Clear technical rejection
Bearish macro backdrop for AUD
Relative NZD strength
CPI data will be the key catalyst, and positioning ahead of it looks justified given current chart structure.
📝 Conclusion:
AUDNZD looks primed for a downside correction after repeated rejections at a major resistance zone. With dovish RBA commentary and potential soft inflation data ahead, short setups are favored with targets at 1.0707 and 1.0677.
GBPAUD Is Bullish! Long!
Please, check our technical outlook for GBPAUD.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 2.089.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 2.151 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDCAD SHORT FORECAST Q2 W18 D29 Y25AUDCAD SHORT FORECAST Q2 W18 D29 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Here are some trade confluences📝
✅Daily 50 EMA
✅Intraday 15' order block to be created
✅Tokyo ranges to be filled
✅Intraday bearish breaks of structure to be confirmed
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
EUR/AUD BEARS ARE GAINING STRENGTH|SHORT
Hello, Friends!
Bearish trend on EUR/AUD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.768.
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RARE / -13R / SHORT....SAS @ .5318 Rare but rewarding !
sell limit.... SAS @ 0.5318
💯 solid setup...watch this tank 📉
in engineering....we call this BUCKLE ;)
expecting min DD < 15p max RRR > 13
TP1 and SL as shown until final TP2 projected by system.
Sorry, alert is not based on TA like BoS or OB or SnR SnD PP or Fibs or even ICT etc....since designed to induce and seduce...rather based on multi-system confluence convergence and confirmations.... now system beeping let's test n see 🙈
IF u like this...would appreciate any feedback for continuous improvement...
🥂
AUD/CHF BEST PLACE TO SELL FROM|SHORT
Hello, Friends!
AUD/CHF is trending down which is clear from the red colour of the previous weekly candle. However, the price has locally surged into the overbought territory. Which can be told from its proximity to the BB upper band. Which presents a classical trend following opportunity for a short trade from the resistance line above towards the demand level of 0.510.
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EURAUD Is Bearish! Short!
Please, check our technical outlook for EURAUD.
Time Frame: 1h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 1.775.
Considering the today's price action, probabilities will be high to see a movement to 1.765.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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AUD/NZD BEARS WILL DOMINATE THE MARKET|SHORT
Hello, Friends!
AUD/NZD pair is trading in a local downtrend which know by looking at the previous 1W candle which is red. On the 1H timeframe the pair is going up. The pair is overbought because the price is close to the upper band of the BB indicator. So we are looking to sell the pair with the upper BB line acting as resistance. The next target is 1.070 area.
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JPY ( YEN )BASKET FORECAST Q2 W18 Y25JPY ( YEN )BASKET FORECAST Q2 W18 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
✅The JPY Basket trackS the overall strength of the JPY against a weighted average of other currencies.
✅It can be used as an indicator of YEN strength which can be a tool for analysing and potentially hedging for or against the Index.
✅ Pairs to watch - GBPJPY, USDJPY EURJPY, CADJPY, AUDJPY
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
AUDJPY: Price Action & Swing Analysis
The analysis of the AUDJPY chart clearly shows us that the pair is finally about to tank due to the rising pressure from the sellers.
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AUDNZD: Weak Market & Bearish Forecast
Looking at the chart of AUDNZD right now we are seeing some interesting price action on the lower timeframes. Thus a local move down seems to be quite likely.
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AUDCAD SHORT FORECAST WEEKLY DAILY 50EMA Q2 W17 D25 Y25AUDCAD SHORT FORECAST WEEKLY DAILY 50EMA Q2 W17 D25 Y25
Professional Risk Managers👋
Welcome back to another FRGNT chart update📈
Diving into some Forex setups using predominantly higher time frame order blocks alongside confirmation breaks of structure.
Let’s see what price action is telling us today!
💡Trade confluences📝
✅Daily 50 EMA
✅Intraday 15' bearish breaks of structure to be created
✅Daily order block mitigated
✅Previous daily imbalance fill upon short positon
✅Tokyo ranges to be filled
🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies.
📈The rest, we leave to the balance of probabilities.
💡Fail to plan. Plan to fail.
🏆It has always been that simple.
❤️Good luck with your trading journey, I shall see you at the very top.
🎯Trade consistent, FRGNT X
LONG....BAJ @ 91.61just executed long... BAJ @ 91.61
💯 solid setup...watch this takeoff 🛫
expecting min DD max RRR till Friday NYC...
TP1 and SL as shown until final TP2 projected by system.
Sorry, alert is not based on TA or BOS or OB or ICT....rather based on multi-system confluence convergence and confirmations....
now system beeping let's test n see 🙈
appreciate any feedback for continuous improvement.
🥂
AUD/CAD BEARISH BIAS RIGHT NOW| SHORT
Hello, Friends!
We are now examining the AUD/CAD pair and we can see that the pair is going up locally while also being in a uptrend on the 1W TF. But there is also a powerful signal from the BB upper band being nearby, indicating that the pair is overbought so we can go short from the resistance line above and a target at 0.879 level.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUD/CHF "Aussie vs Swiss" Forex Bank Heist Plan (Day Trade)🌟Hi! Hola! Ola! Bonjour! Hallo! Marhaba!🌟
Dear Money Makers & Robbers, 🤑 💰💸✈️
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the AUD/CHF "Aussie vs Swiss" Forex Bank. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is to escape near the high-risk MA Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. 🏆💸"Take profit and treat yourself, traders. You deserve it!💪🏆🎉
Entry 📈 : "The vault is wide open! Swipe the Bullish loot at any price - the heist is on!
however I advise to Place buy limit orders within a 15 or 30 minute timeframe nearest or swing low or high level for pullback entries.
Stop Loss 🛑:
📍 Thief SL placed at the recent/swing low level Using the 1H timeframe (0.51500) Day/Swing trade basis.
📍 SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯: 0.55000
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💰💵💴💸AUD/CHF "Aussie vs Swiss" Forex Bank Heist Plan (Day / Swing Trade) is currently experiencing a bullishness🐂.., driven by several key factors.☝☝☝
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⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
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I'll see you soon with another heist plan, so stay tuned 🤑🐱👤🤗🤩