Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Seen market has rejected above the pivot point, the next destination is in the Fibonacci 261.8 and second berteapatan above resistance at 1.9953
Recommendation: Buy
Thread: Gbp/Aud
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Seen market has rejected above the pivot point, the next destination is in the Fibonacci 261.8 and second berteapatan above resistance at 1.9953
Recommendation: Buy
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: If today, the market can not break above the pivot point at 1.9773, then the market will certainly go down to 1.9693 for a correction.
Recommendation: Sell stop at 1.9765
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I think that we can get in long position from the support level at 1.9749 with take profit at 2.0014.
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: There is a target area on the 261.8 Fibonacci at 1.9919. But certainly the market will drop down to the previous resistance at 1.9754 correction
Recommendation: Sell now
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Market had been in the area below the pivot point at 1.9574, and should market should lead to the first support at 1.9510
Recommendation: Sell now
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Hello Thanks brother good analysis Ovdtna out because these analyzes complementary to the dealer in how to deal with the forex market on the merchant must make use of them well and only use them must first learn in a demo account, which is the merchant gateway in professionalism.
Good luck to all regards.
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I think that we can get in short position from the resistance level at 1.9644 with take profit at 1.9098.
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Technically: We're still on our expectations regarding the pair as the pair GBP Australian far above the symmetrical triangle on the Daily was yesterday re-Achtbaralhd upper successfully and access to Msthdvina first day at levels of 1.9600 and expect the pair gains to target 1.9900 levels continue during the coming period to stop losses shut candle Day lows 1.9330
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We saw the pound rise of forces since the beginning of the week because of a slew of positive economic data from the British economy represented in the parliamentary elections and unemployment rates and the rate of growth in wages and industrial production, causing the strength of sterling and we still expect a continuation of the bullish trend of the currency English against the Australian dollar, where today we have seen a continued climb the pair during the Asian trading on Friday.
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Technically: We're still on our expectations regarding the pair as the pair GBP Australian far above the symmetrical triangle on the Daily, which breached the wall and now trying to pair back to re-upper limit Broken test at 1.9470 levels and standing in front of him now also strong support line could return it before reaching the re-test levels so we expect the pair rise from current levels and the levels of the second purchase we have is 1.9470 levels to target 1.9850 then 1.9900
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