Forex Trade Set Ups - 2nd September 2024

September 02, 2024

Trade Set Ups - 2nd September

All Trade Set Ups Are Analysed Using 1hour, 4hour & 1 Day Time Frame

In this email:

  • AUD/CAD

  • NZD/CHF

AUD/CAD Set Ups 💰

The 1-hour chart is showing a fresh bullish vibe as we’ve just moved from a pretty reliable support at 0.9210. Price is also above the moving averages & RSI confirms the momentum. On the 4-hour chart, the bullish trend looks stronger as prices break out of a consolidation phase. Daily chart is cautiously optimistic, with prices staying above key averages, but the trend is more subdued. Overall, the market leans bullish but I wouldn’t be shocked if we saw a small pull back before price continued to move upwards.

1 hour chart shows fresh bullish moment after moving off a support we’ve seen validated a few times previously.

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