Last week, GbpAud broke above the 1.9170-1.9200 resistance zone and reached a high of 1.94. However, the pair couldn't hold gains and dropped again under this resistance. Usually, false breaks lead to strong reversals and drop/rise to the next important level and, in this case, the next support at around 1.86. That being said, traders should look to sell around...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Welcome back! Let me know your thoughts in the comments! ** EURAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
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.
The GBPAUD pair has a demand zone on the 1-hour chart between 1.89943 and 1.89800. If the price drops back to this zone, we may see an increase in buying pressure and a potential upward price movement. This could be a good opportunity to go long. Set the target at 1.90215 for a possible risk to reward ratio of 1.77 R, meaning a potential profit of 1.77 units for...
GBPAUD managed to complete the Rising Wedge pattern near the 🟡 Price Reversal Price(PRZ) 🟡 and important downtrend line . There is also a Regular Divergence (RD-) between two successive peaks. 🔔I expect GBPAUD to start its main decline after breaking the lower line of the Rising Wedge pattern. 🔅British Pound/Australian Dollar Analyze ( GBPAUD ) Daily...
GBPAUD - Intraday - We look to Sell at 1.9250 (stop at 1.9330) Price action looks to be forming a top. Further downside is expected. Risk/Reward would be poor to call a sell from current levels. The RSI is trending lower. A move through 1.9100 will confirm bearish momentum. Our profit targets will be 1.9050 and 1.9000 Resistance: 1.9200 / 1.9250 /...
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
This pair has been on quite a rally lately, showing strong signs of breaking out from the stubborn 1.92 resistance level that has held firm for quite some time. You can easily spot this level as it's marked by the trusty green dotted line on the chart. However, before we get too excited about this breakout, it's important to consider a potential fake-out...
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
if we pull the trendline as in the picture, it looks like a bullish channel. today there has been a high enough bullish movement to form a BoS. the closest target is the channel trendline above.
I see some of these are too lacking to make me sure if the movement in this pair is experiencing a downtrend breakout. In fact, I believe the downward movement is a form of correction that is too visible. I'm still positive if this pair experiences bullish strengthening, especially if the strong resistance can be broken
GBPAUD is forming triple top on 1hr chart hopefully we can see the sell pressure through this resistance. Manage your risk accordingly.
Hello,Traders! GBP-AUD broke the key Horizontal level of 1.9158 Made a retest and is going Up again so I am bullish Biased and I think that The pair will keep growing Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
You can see the analysis of the pound to Australian dollar currency pair in the one-hour time frame (GBPAUD_ 1H)🔎 ✍🏻Considering that the price has been able to break its upward trend line and make a pullback to it, if the price can reach the supply zone, it can fall to the specified targets🔻 🛎» Sell Limit GBPAUD«🛎 🔷The entry range and profit and loss limits are...
Nearly 3-4 days the condition of GBPAUD experienced continuous improvement. I think the price movement in the next few days will decrease. Even though in terms of Weekly it still looks positive going up, the potential for going down will be even better.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.