Forex Trends Australia

Good evening USDCAD seems to be consolidating above a major support/resistance line, its possible bulls could take control if you consider this trade please wait for the right point of entry as this could easily hit 1.415 in days to weeks (short term trade)

Here we have XAUUSD consolidating right above a major support line and if it can manage to stay above ( no false break outs ) we could see if the bulls are still in control of GOLD which could easily reach 1982+, please keep an eye out as this could be a great trade once consolidation has taken place

Good Luck Traders!

Hello everybody USDCAD is nearing a major resistance line which has already had 2 false break outs indicating a third is highly likely, Please watch the chart as once the pair is confirmed as a false break out and hits around 1.37-1.38 there is a great probability there is room to fall all the way down to the support line at 1.33-1.32

Good luck traders

Good Afternoon
Here we have AUDCAD as seen on the daily chart the pair is nearing a strong resistance point if it fails to break these resistance points clearly we should see a downfall within the next few days to weeks, keep an eye out for this pair

Good Afternoon once again i hope some of you profited at least 100pips from this pair as it was a great trade while in the zones as of now EURUSD is too risky to continue the uptrend as this pair is very overbought. New pair insight will be posted tonight!

Good Afternoon apologies for not posting for so long but i'm back and will be posting up to a couple times per week trend updates and trend changes to help you guys find better trades with less time involved.

Here is EURUSD the price is quite high for the current day/week but i strongly believe EURUSD will continue to rise in price once consolidation has occured, this is a pair to watch and i will update once the trend is confirmed, Good luck!

AUDCAD here with alot of upside momentum, keep a close eye on this pair as its possible an uptrend is close watch major support and resistance zones AUD strong CAD WEAK (current momentum)

EURUSD looks to exhausted, keep a look out for this pair watch for major consolidation and a possible rally to the upside

Here is GBPAUD, During Feb 2022 this pair fell and broke thru multiple support lines major and minor, At the moment GBPAUD has rejected the 1.77400 mark the last time it was rejected was 2021 April 16th, This pair is waiting to explode to the upside as it begins to gain the bulls interest (as long as it stays above 1.77) look for entry points above 1.77 and exit points between 1.81 - 1.83, feeling lucky? 1.85+ ( Provided exit points are for the traders who can’t access a proper chart to do their own research)
This pair and set up is only validated thru PRICE ACTION! GOODLUCK :)

EURUSD falls down to support as we wait for bears to exit their sell positions and see if price shows rejection before entering

Hello guys GBPAUD is at a resistance point and from my point of view wait for daily rejection to look for short positions to the downside. AUD isn't in favour at this very moment with its biggest city being in lock down costing 700million a week we shall see how price plays out