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Pair: gbp/aud
Today indicators shown bearish short terms trend.
Pivot Point : 1.8956
Supporting Levels:
Support 1: 1.8766
Support 2: 1.8876
Support 3: 1.8787
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.9020
Resistance 2: 1.9034
Resistance 3: 1.9056
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
Small risk gain big apportunity.
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gBP/AUD>>
pivot point :1.9010
first resistance is on point : 1.9025
second resistance is on point :1.9045
third resistance is on point : 1.9065
In my observation the profitable next selling point will be 1.9065
and by my mind the profitable next buy point will be 1.8880
I think thats the successful key points for selling and buying for this pairs.>>>
You will earn more money if you will follow my views,
because i have posted this after checking the previous routine of daily time frame of H1,H4 clearly.
note;simply moving on parabolic levels entry.>
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gbp.aud
Resistance UP ^
pivot point # 1.8967
1#Resistance 1.8970
2# Resistance 1.8980
3# Resistance 1.9004
Support DOWN V
1# Support 1.8934
2# Support 1.8946
3# Support 1.8913
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gbp aud
Technical analysis
Technical analysis is a method of predicting price movements and future market trends by studying charts of past market action. Technical analysis is concerned with what has actually happened in the market, rather than what should happen and takes into account the price of instruments and the volume of trading, and creates charts from that data to use as the primary tool. One major advantage of technical analysis is that experienced analysts can follow many markets and market instruments simultaneously.
Technical analysis is built on three essential principles:
1. Market action discounts everything! This means that the actual price is a reflection of everything that is known to the market that could affect it, for example, supply and demand, political factors and market sentiment. However, the pure technical analyst is only concerned with price movements, not with the reasons for any changes.
2. Prices move in trends Technical analysis is used to identify patterns of market behavior that have long been recognized as significant. For many given patterns there is a high probability that they will produce the expected results. Also, there are recognized patterns that repeat themselves on a consistent basis.
3. History repeats itself Forex chart patterns have been recognized and categorized for over 100 years and the manner in which many patterns are repeated leads to the conclusion that human psychology changes little over time.
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GBP/AUD
1.9667-0.0086(-0.4379%)
00:59:35(GMT)|Real-Time Data, Quoted in AUD
Open
1.9753
Day's Range
1.9684 - 1.9753
Class
Currencies
Bid/Ask
1.9666/1.9667
Symbol
GBPAUD
Subclass / Sector
Minor
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gbp/aud
Today indicators shown bearish short terms trend.
Pivot Point : 1.8956
Supporting Levels:
Support 1: 1.8766
Support 2: 1.8876
Support 3: 1.8787
TREND: BULLISH
Resistance Levels:
Resistance 1: 1.9020
Resistance 2: 1.9034
Resistance 3: 1.9056
When today the market is opened then showing up and supporting levels are also available here its not remain here this pair because h4 telling here down side that is up trends.
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Gbp/Aud
Bearish: Currently we are at 1.8999 after the channel wall reaction. We are looking to continue to the ATR Target @ 1.8913. The average daily true range (ATR) for the pair currently is 190 pips. WATCH THE USDX for more clues.
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GBP/AUD
1.9677-0.0076(-0.3857%)
01:33:57(GMT)|Real-Time Data, Quoted in AUD
Open
1.9753
Day's Range
1.9654 - 1.9753
Class
Currencies
Bid/Ask
1.9676/1.9678
Symbol
GBPAUD
Subclass / Sector
Minor
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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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The GBP/AUD is very bullish. We could have a move up to 1.6133 and eventually 1.9770. 1.9350-1.9435 is the zone where we might see bounces towards targets. If the price makes to M H5 around 1.9770, watch for a potential rejection and a retest of 1.9630 levels. Until the M H5 is reached, buying the dips seems to be the best option. Take a look at MyFXBook and see the last few days of trading solely GBP crosses.