GBPAUD turned briefly oversold on the 1D technical timeframe (RSI = 30.322, MACD = -0.013, ADX = 62.269) while pricing a LLL at the bottom of the Channel Down and the S1 level. The latter in particular can attract considerable buying power to push it for a 1D MA50 and R1 Zone test. This will determine the trend onwards but on the short term following 6 weeks of...
GBPAUD currently for me in a neutral phase. A break above the 1.90719 and its retest, I will look for a long position while a break below 1.89722 and its retest will indicate a short. Until then, fingers crossed Disclaimer: All trade ideas are given for educational purposes and should not be treated as an investment advice, hence do your due diligence. Past...
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9062 Bias - Bearish Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market. Goal - 1.8966 About Used Indicators: For more efficient signals,...
This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
✅GBP_AUD broke the falling Resistance line and the Breakout is confirmed so I am now locally bullish biased And I will be expecting Further growth ahead LONG🚀 ✅Like and subscribe to never miss a new idea!✅
The GBPAUD pair has broken below the first Channel Up (dotted lines) and in extension the 1D MA100 (green trend-line). Currently it is testing the bottom of the second (and final) Channel Up (blue). Technically that is the most optimal level to buy for the medium-term and target 1.997800 (Resistance 1). On top of that, the 1D RSI bounced back after becoming...
Hello traders, There is one entry and 2 TPs for Pound-Aussie Levels calculated order_block, regarding support and resistances, channel and pivot points.
GBPAUD Buy Swing Stop Loss: 1.896 Targets: 1.904 1.906 1.910 1.920 1.930 1.940 1.950
Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at1.9077, which is pullback resistance level Our take profit will be at 1.8976, a swing-low support level. The stop loss will be placed at 1.9166, an overlap resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and...
Here is my analysis for GBPAUD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hi Traders! There is a triangle formation on GBPAUD, and we have possibility of a breakout to the downside. Price Action 📊 The market has had lower highs and lower lows since breaking below the 20 EMA, creating a symmetrical triangle pattern on the chart. We are looking for further bearish momentum to break and close the trendline support line. Fundamental...
As per my analysis, a Fib-3 Bat Pattern is about to complete at 1.8979 on the Daily Chart. To minimize the initial risk, I will wait for a buying opportunity on the H4 or H1 chart. This will significantly reduce the stop-loss to 1.8733 (-246pips) or close to -2,460usd/lot, while the first target will be at 1.9363 (+384pips) or close to 3,840usd/lot. I believe...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Hello,Traders! GBP-AUD is clearly oversold So as the pair will soon hit A horizontal support level at 1.886 I think that we will see A local bullish correction Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Price arrived at 1.9000 with a strong bearish daily candle. Because of this momentum, we should look for a continuation but this region is a strong support as well as a round number. The 1st thing that usually happens before a reversal is an indecision candle (small body with large wicks) appears. At this moment I have no real reason to believe that the uptrend...
✅GBP_AUD is going down now But a strong support level is ahead at 1.8867 Thus I am expecting a rebound And a move up towards the target at 1.9100 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPAUD is unfolding a five-wave bearish cycle on a monthly basis, currently finishing a bearish triangle pattern within wave (IV). Big turn down can occur. GBPAUD turned bullish at the end of 2022 and start of 2023 after completion of a three-wave A-B-C decline for a higher degree wave D down at 1.59 area, from where we have seen a strong rebound but once again...
Hey Everyone, GBPAUD had reached the buying exhaustion point since then price dropped significantly what we are currently looking at this pair is to watch for any retracement so that we can enter at the perfect zone. The main reason why we are expecting the big trend is due to BoE and RBA diverge in their monetary policy; though GBP is expected to be a weaker...