... what is basically "forever". Make this SHORT your 401k. (Right alongside the GBPJPY Short.) The simple fact remains that while the BoE is running a 120% debt load vs. it's GDP, the RBA hasn't even hit 50%, yet, and so it can basically keep borrowing til the end of time. Here is the Weekly; ... and the Daily;
Please view the chart for more information on my analysis on this pair. Make your own prediction as to when you should get into the trade. I am only here to guide you, not give you every piece to the puzzle.
Looking for this to turn higher at the current support level. Keep an eye on MACD and EMA's and possibly 1HR timeframe as well for the point that this holds up before turning higher. Its possible to slightly overshoot the blue line I have drawn in around 0.382 Fibonacci before turning. Setting target at the previous high of 1.80100 for now. Need to see that...
Please check the chart for the analysis and do let me know your views on it.
Happy New Year! It is another new year and we are beginning with a Bullish expectation on the GBPAUD pair as the Double Bottom structure guides us to a potential Higher high in the coming week(s). As at the time of writing the exchange rate for the pair is dangling around AU$1.77040 as we look forward to the appropriate price to buy the Pound Sterling. Tendency:...
Hello, I have a few reasons why I forecasted this exact trade but I won't be giving away all my reasons. We use an algorithm in-house which takes a laggy indicator and reverse engineers the indicator to match 90% of market conditions. This allows us to be very accurate. I have forecasted this very rewarding trade and the potential to the upside is huge. I will...
Bit late to this one unfortunately, was going to post about it yesterday but didn't. It has given up all its gains from last weeks spike and filled in most of the daily wick and is now turning back higher. MACD and EMA's have this pushing back up to resistance at 1.80235. From there wait to see if it can break above.
GBPAUD was in a longterm downtrend and has now seen rejections to go lower on monthly timeframe. On the 4-hour, we have an opportunity to buy here and aim to the upside. The small red zone could be a spanner in the works to push prices lower but otherwise, I would be aiming for the upper red zone as extended targets, should price action permit.
Hello Guys Welcome back to another profit week If you like my idea please give me a like and comment, Thats will be a great appreciation to do more predictions Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you...
Please check the chart for the trade breakdown.
This pair has been in a long downtrend and has recently pushed up to an a supply zone. We may have an opportunity here to short this pair and potentially gain 4/500 pips on a 1:10 risk reward ratio if the longer term downtrend continues.
This has been due a correction and it is now doing so. This brings the chance to look for a longing position. It is close to 0.382 Fibonacci, just below this could be a good time to buy as it aligns with structure. Need to watch the price action as it could fall to 0.5 Fib as well. Use MACD and EMA's to help judge when the mood is changing back to bullish. Target...
Double top at major key resistance followed by RSI divergence. Sell position.
Our updated GBPAUD chart further to our previous idea We expect a further rise to 1,836
GA Gonna Short for Hidden Bearish Divergence 1st TP 1.7866 2nd TP 1.776