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pair : gbpaud
market trend condition today : Sell / Bearish
kal ki downward movement ko market continue kar skta hai kyuki market meh kafi downtrend tha kal or sellers kafi control me the ,
halaki price abhi ek resistance level pe hai us resistance ko market ache se test karega agar ye level break hota hai toh pakka strong down
price support 1 level par bhi ja sakta hai agar aisa hua to wo downward jaiga thodi der ke liye, lekin low point choone ke baad wapas aa sakta hai,
phir price downward jayega to is time par sell karna chahiye
time frame support and resistance levels : Daily and H4
indicators: Bollinger Bands and fibbonanci
ye pair abi strong resistance or fibo level zero par hai..
agar ye es resistance ko todta hai to ese khridna chahiye
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To open short positions on GBP/USD you need:
Bears are still aimed at breaking the support of 1.3076, which may lead to a continuation of the downward trend in the area of the lows of 1.3013 and 1.2952, where i recommended taking profits.
However, at these levels, a bullish divergence can be formed on the MACD indicator (hourly chart), which will limit the downward potential. If the bulls try to return the market, the bears will defend the resistance of 1.3143 with all their strength, but it is best to open short positions from there if a false breakout is formed. You can sell the pound immediately on the rebound after updating the highs of 1.3203 and 1.3258.
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Resistance 3 = 0.8016
Resistance 2 = 0.7987
Resistance 1 = 0.7969
Pivot Point = 0.7940
Support 1 = 0.7911
Support 2 = 0.7893
Support 3 = 0.7864
Result this day Tuesday, December
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GBPAUD Breaking down GA as it was requested from one of our forex alchemists! You ask and I will deliver! As you can see in the technical analysis above GA has been a bit tricky. We experienced multiple fake outs to the downside which is expected. This is why you don't just jump into a trade when all you see is a simple break of a trend line. I always say there...
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GBP/AUD is the abbreviation for the British Pound and Australian Dollar pair. It shows how much the GBP (base currency) is worth as measured against the AUD (counter currency). For example, GBP/AUD indicates that one British Pound can buy Australian Dollars.
GBP/AUD
1.87 33 4 / 36 4
High 1.8819 Low 1.8658
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Todays aud data will come. That is why aud at mixxed position and no one can suggest that whats happend at next time. So try to work on and ejoying forex trading fully with full devotion and work on it. Because forex trading demand your fully attention and go on. Although forex is a best ever online bussiness.
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predictions for the day.
trading is risky if no analysis is done
GBP/AUD - is the currency pair we will be focusing on
major low levels also known as supports 1.8713
major high levels also known as resistance - 1.8743
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In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
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Many best forex signals facilities concurrence results, but the push is at all times changing, and forex is especially susceptible to global activities, so promised results may not arrive at fruition. Be wary of any encourage that makes guarantees approximately profits. Some traders can use best forex signals as a crutch otherwise of learning to spot opportunities in the have the funds for themselves.
Traders can pick plus manual and automated signals. A manual signal requires the trader to place the trade himself or herself, whereas automated signals can merge in imitation of your broker's platform and entertain the trade automatically. Best forex signals services following than automated trading require a subscription to use that feature. Many have enough money a free or paid price events time in view of that you can plan the service and see if you when it.
In the 1day chart, we see the stoch(5,3,3) strongly showing downtrend and has not reached the bottom level yet, while the macd also still show downtrend signal and the bbands still has to bounced the lower side to be able to reverse.
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Fibonacci pivot point
Pair = GBPAUD
Resistance 3 = 1.8349
Resistance 2 = 1.8302
Resistance 1 = 1.8273
Pivot Point = 1.8225
Support 1 = 1.8178
Support 2 = 1.8149
Support 3 = 1.8101
