AUDNZD – H4 Timeframe.
Rejected the double top we were looking at yesterday after a break of a flat top triangle on a lower time frame.
If we can stay below 1.08270, look for moves to 1.05700!
CADJPY, H4 Timeframe.
We are seeing that the price has started to move up to the 83.700 Price, which was the same level as the Potential Shoulder line.
Look for a Head and Shoulder pattern to form for an option to go down.
GBPAUD – H4
Has closed back inside a major Zone and has now retested the broken resistance as a support level.
If the next or the one thereafter H4 Candle can close above 1.18400 w could see a move to the upside, which has no traffic on the left.
Has broken a double Top and has now retested this previous resistance.
If we can stay above 0.73200, look for further moves upwards.
Coinbase’s listing on the Nasdaq this Wednesday is another big step promoting the adoption of crypto, pushing it further into the mainstream.
It appears that a major market force in the world of cryptocurrency is the tweets of billionaire influencers.
Australia’s Interest rate Decision-day is this Thursday, 6 April. What will the RBA do with the rate, you ask?
Black Bull Group Limited (trading name: BlackBull Markets) is a New Zealand registered and incorporated company (company number: 5463921).
We are also registered with the Financial Services Provider Register (number: FSP403326).
Black Bull Group UK Limited is registered in United Kingdom, Company Number - 9556804. Payment clearing services provided by: BlackBull Group UK Limited (Company Number - 9556804) Address - 483 Green Lanes, London, Greater London, United Kingdom, N13 485
Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
All payments related to the Paysafe Group are facilitated by Black Bull Group Limited.
Copyright © 2021 Black Bull Group Limited. All Rights Reserved.