British Pound/Australian Dollar was able to make a Falling wedge & Inverse Head and Shoulder near the Heavy Support zone!!! British Pound/Australian Dollar can touch at least the upper line of the falling wedge in the next few days. Also, we can see the Regular Divergence (RD+) between Price and MACD Indicator. 🔅British Pound/Australian Dollar Analyze (GBPAUD)...
Looking for weakness out of AUD the the possibility to test 10 day vwap
GBPUSD has shown a bullish divergence and we are currently at an area of support meaning that a short term long is likely. Remember to DYOR before investing and trading!
BP is still a macro energy play despite the weeks long sell off. For all you options traders out there looking out for a bottom in commodities markets this might be it. DISCLAIMER No bags, everything was sold two weeks ago, please look at macro & geo-political events before making ANY decisions.
This currency pair can complete its correction up to the range of 1.97144. But the main trend is downward. Look for a sell signal. What do you think?
As you can see on the chart; We have to break 1.8265 to move upside Then you can see my targets on the chart. My system is complicated to show here I just simplfy my strategy to give a clear outlook.
Vo deci gilum? this can going up for demand zone LIKE AND COMMENT PLEASE
Based on the last impulse up, we got room for another move up, this move can be extremely corrective (same as on chart) or extremely impulsive.
Today we will look at the chart of the price movement stocks of British Petroleum , BP, British Petroleum Corp. - a corporation that for many years has been among the leaders of the oil and gas, petrochemical and coal industries on all continents. They had an interesting history of BP stock pricing in accordance with the events in the world at that time....
Just having a little fun here but the British pound is looking slightly weak here
We are at a zone where we encounter three reasons to resist. 1. 0.786 FIB Level 2. descending trendline 3. 4h S/R level In addition, we have 2 sell signals of the Wavereader. I don´t need any more reasons to try a short here.
The first three are set to the best of my knowledge of how you use the tool. The last one is speculative because the high in the market is only assumed at this point, in my analysis. It appears the previous lower ranging area broke to the upside. If there is only one previous example & it eventually broke to the north, the probability in the current consolidation...
Hi everyone, Just giving a quick analysis on one of the AIM-listed stocks on the LSE (London/UK). As you can see, there is a clear cup and handle forming on the daily chart, and it is an incredibly clean example in reference to what you would technically find in a text book. The resistance is at 115p, and this week it has seen a breach above next to the 120p...
A perfect Inverted head and shoulders formation so likely continuation of the prevailing uptrend. The pair has a predetermined momentum moving upwards and the inverted head and shoulders is a sign of a continuation. there is likely to be a reversal soon enough so watch out for that.
I can imagine the pair to go up for a while from now on. Set the target at first on 1.79850 And then on 1.84666 I'd love to read your feedback. How do you see GBPAUD for the next week? FX: GBPAUD
I can imagine the pair to go up for a while from now on. Set the target at first on 1.79850 And then on 1.84666 I'd love to read your feedback. How do you see GBPAUD for the next week? FX: GBPAUD
GBPJPY Currently: Rangebound I assume the price may go up to 142.700, and then falls down. 1st: 133.050 2nd: 126.650
As long as price has not reached the resistance 142.700, (It may even go a bit higher now and just touch the line 142.700 but not pass it.) I predict a downward move for GBPJPY afterwards. So if a downtrend starts, then we can set two targets: 133.050 126.600 Share your thoughts please. I'd love to read your comments. Happy New Year everyone Love you