Daily Forecast
Pair: GBPAUD
Major Trend: Bullish
Time Frame: H1
Reason: Market will be heading to 1.9877, and if the price breaks, the next target will be to 1.9967. But to this day the market is predicted to reject at 1.9877
Recommendation: Sell
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Daily Forecast
Pair: GBPAUD
Major Trend: Bullish
Time Frame: H1
Reason: Market will be heading to 1.9877, and if the price breaks, the next target will be to 1.9967. But to this day the market is predicted to reject at 1.9877
Recommendation: Sell
I think that after breaking the resistance level at 1.9819 we can get in long position with take profit at 2.0020.
http://i.imgur.com/afMel5M.png
The pair continues facing strong resistance near 1.9900 mark, representing the upper trend-line resistance of a well-established ascending trend-channel formation on daily chart. Should the pair manage to conquer this strong resistance, it seems more likely to clear 2.000 psychological mark resistance and move towards 2.0200-20 resistance area. Alternatively, a reversal from current level is likely to find immediate support near 1.9750 level. Break below this immediate support seems to extend the pull-back towards an important support near 1.9640-30 area, which if broken might extend the corrective move further towards 1.9420-1.9400 support zone.
analysis for today 2 / 20 / 2015
GBPAUD
Resistance : R1 1.9740 R2 1.9765 R3 1.9785 R4 1.9815
Support : S1 1.9718 S2 1.9693 S3 1.9673 S4 1.9643
Open : 1.9775
High : 1.9793
Low : 1.9665
Range : 0.0128 Pips
Running Price : 1.9668
Strategy : SELL at the level 1.9668 stop loss at the level 1.9740 target take profit at the level 1.9673 or at the level 1.9643
I think that after breaking the support level at 1.9613 we can get in short position with take profit at 1.9463.
http://i.imgur.com/cWm3GV3.png
pair- gbp/aud
time frame to analysis- m15
http://i59.tinypic.com/1znap0h.jpg
the price is in the down trend side but the macd is near to level zero. if resistance trend line is break at 1.9710 then it may be up side to the resistance at 1.9795 level but if move below the 1.9600 short with profit target at 1.9550
good luck
Daily Forecast
Pair: GBPAUD
Major Trend: Bearish
Time Frame: H1
Reason: Possible market will be a correction in the area of support that has been broken at 1.9717. After that, the market will go down to 1.9648 again.
Recommendation: Sell limit at 1.9715
analysis for today 2 / 23 / 2015
GBPAUD
Resistance : R1 1.9661 R2 1.9686 R3 1.9706 R4 1.9736
Support : S1 1.9567 S2 1.9542 S3 1.9522 S4 1.9492
Open : 1.9616
High : 1.9642
Low : 1.9586
Range : 0.0056 Pips
Running Price : 1.9610
Strategy : SELL at the level 1.9610 stop loss at the level 1.9661 target take profit at the level 1.9522 or at the level 1.9492
pair- gbp/aud
time frame to analysis- m15
http://i57.tinypic.com/1zge2ow.jpg
the price is showing overbought with the stoch indicator and the price is also at the resistance level 1.9750 level. if the price is again falling down below the 1.9675 level then short with profit target at 1.9590 and stop loss at 1.9775
good luck
Daily Forecast
Pair: GBPAUD
Major Trend: Bullish
Time Frame: H1
Reason: If the market reject at 1.9750, then the market will lead to 1.9663, but seen from the stochastic pattern, compassion will rise up to the 1.9889 area, where there is a lot of resistance.
Recommendation: Buy
Spoiler: