short au // weekend sunday analysis 22:33 live trade ?? lets see 1:4 tight sl reentry if needed soon for the Clio stig
CADJPY is even though in the down trend is now gong through the corrections , In 1 day candle it has formed a bullish engulf candle expected to reach 106.
We are looking to buy above the resistance level. The USD is weak and the price has not made a new lower low since December 18, 2024.
Key Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Flight Centre Stock Quote - Double Formation * (Reversal Argument)) | Completed Survey * (Flag Structure) | Short Bias Entry | Subdivision 1 - Triple Formation * ABC Flat Feature | Wave Set Up | Subdivision 2 * (TP1) | Subdivision 3 * Daily Time Frame | Trend Settings Condition - (Hypothesis On Entry Bias)) | Indexed To 100 - Position On A 1.5RR * Stop Loss At 84.00 AUD * Entry At 74.00 AUD * Take Profit At 54.00 AUD * (Downtrend Argument)) & Pattern Confirmation * Ongoing Entry & (Neutral Area)) Active Sessions On Relevant Range & Elemented Probabilities; European-Session(Upwards) - East Coast-Session(Downwards) - Asian-Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Sell
The EUR/USD pair has been in a downtrend for the past week, with bearish pressure due to stronger-than-expected US economic data."The US Federal Reserve's hawkish stance on interest rates is pushing the dollar higher, while the European Central Bank seems less likely to tighten policy in the near future, weakening the euro,The price is currently below both the 50-day and 200-day moving averages, indicating strong bearish momentum.
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AUDJPY is undergoing correction and given 4 hr brake out of the trend and soon may rise to 95.5.
OANDA:EURGBP is getting close to a key resistance level that has previously acted as a strong barrier, triggering bearish momentum in the past - https://www.tradingview.com/chart/EURGBP/ucEpbXr9-EURGBP-Approaching-Key-Resistance-Is-0-8370-the-next-target/ This zone is once again a potential point of interest for those looking for short opportunities. Given this, how price reacts here could set the tone for the next move. If signs of rejection appear: such as long upper wicks, bearish candlestick formations, or a slowdown in bullish momentum, a move toward the 0.83700 is highly possible . However, a decisive breakout above this resistance may invalidate the bearish bias and lead to further upside. Price action at this level will be critical in determining the next move. Just my perspective on key levels, always confirm setups and maintain solid risk management.
The AUDUSD pair is showing strong signs of bullish momentum as we anticipate further upside potential. With an overall positive outlook on the Australian Dollar and supportive technical indicators, this pair is poised for a potential rally. Watch for favorable market conditions that could drive the price higher in the coming sessions.
OANDA:NZDUSD has reached a significant resistance zone, marked by historical price rejections and strong selling pressure. This area has previously acted as a key supply zone, increasing the probability of a bearish reaction if sellers regain control. The current market structure suggests that if price confirms a rejection from this resistance zone, we could see a potential drop toward the 0.56990 level. However, a break and close above this resistance zone would invalidate the bearish bias and could signal further upside continuation. Traders should look for bearish confirmation signals such as rejection wicks, bearish engulfing patterns, or increased selling volume before considering short positions. Do you agree with this analysis? Share your thoughts in the comments!