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.
As for GBPAUD, we might be looking for a retest, and then the market will be giving bears at the high momentum as for the news event on April 24, 2024 (consumer prices account for a majority of overall inflation). Inflation is important to currency valuation because rising prices lead the central bank to raise interest rates out of respect for their inflation...
GBPAUD - 24h expiry The medium term bias remains bearish. A higher correction is expected. Bullish divergence is expected to support prices. Preferred trade is to sell into rallies. Bespoke resistance is located at 1.9220. We look to Sell at 1.9220 (stop at 1.9270) Our profit targets will be 1.9100 and 1.9070 Resistance: 1.9220 / 1.9260 / 1.9315 Support:...
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.
Price will bounce off major support zone. A divergence has formed and price will move to the market imbalance area around the 61.8% fib zone
I have entered GA long at point of confluence. For these reasons -RSI divergence -Completed 3 corrective waves -Price bounced off trendline -Completed break and pullback of price -Price has bottomed on a falling wedge pattern on D1 Let me know your thoughts. Trade safe
we planning on going long on gbpaud, as we saw gbpaud has been in a bullish channnel and it has just reached the bottom of the channel, Witch has caught my attention, I think its a really good setup
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.
Hello traders, and happy Monday! :) This setup shows great potential to gain bullish momentum, as the overall higher-time trend is bullish. Currently, it sits on monthly support, and on a weekly basis, the price hasn't broken through the moving averages. Additionally, the average volatility, based on the 7-day and 30-day periods, is overextended, suggesting a...
✅GBP_AUD is going down now But a strong support level is ahead at 1.926 Thus I am expecting a rebound And a move up towards the target of 1.930 LONG🚀 ✅Like and subscribe to never miss a new idea!✅
GBPAUD has been trading in strong Bearish Trend, however divergence has been observed, followed by a Double Bottom Pattern, which further confirms a reversal in trend. Trade Call: Long Entry: 1.92251 SL: 1.90842 TP1: 1.93651 TP2: 1.95051
- lookin or a 4hr choch SL below the 4hr +OB - Weekly BISI is still valid since we haven't closed below it. -1D BISI was respected too (taking it on Asian session)
Hello,Traders! GBP-AUD went down sharply And the pair is locally oversold So as we are already seeing a Bullish rebound from the Horizontal support level of 1.911 A further move up is to be expected Buy Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPAUD is practically neutral on its 1D technical outlook (RSI = 44.487, MACD = -0.002, ADX = 28.797) as the LL leg of the Channel Down was negated by the Double Bottom that was formed today. The 1D RSI turned upwards on a HL trendline and this is a short term bullish call, targeting the top of the pattern (TP = 1.94000). See how our prior idea has worked out: ...
Here is our detailed technical review for GBPAUD. Time Frame: 2h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is testing a major horizontal structure 1.919. Taking into consideration the structure & trend analysis, I believe that the market will reach 1.930 level soon. P.S The term oversold refers to a...
GBPAUD with the strategy for currencies is giving like never before, just like that the strategy is on fire and money is coming
I've been monitoring this pair for quite some time as its been ranging since February of this year. After a failed breakout attempt in early April, it looks like price is making another attempt at this week's open. I don't really have a strong directional bias with this pair as it's been in quite a whipsaw pattern for the past couple of months. I'd drop down to...