Gbp/Aud

fibonacci pivot point calculation result
r3 = 1.8961
r2 = 1.8793
r1 = 1.8689
pp = 1.8521
s1 = 1.8353
s2 = 1.8249
s3 = 1.8081
date = march 16.2014
pair = gbp/aud
time frame = weekly

On the daily chart last week the pair GBP / AUD dropped and tested the support level at 1.8305 low, but it broke and went up, but still on the stochastics signals on, what the couple can decline and continue to fall in price support level 1.8115 .

analysis for today 3 / 17 / 2014

GBP/AUD

Resistance : R1 1.8481 R2 1.8506 R3 1.8526 R4 1.8556
Support : S1 1.8380 S2 1.8355 S3 1.8335 S4 1.8305

Open : 1.8429
High : 1.8455
Low : 1.8406
Range : 49 Pips
Running Price : 1.8442

Strategy : SELL at the level 1.8442 stop loss at the level 1.8481 target take profit at the level 1.8335 or at the level 1.8305

I think GBPAUD is moving around the resistance level at 1.8455 now. Then, if GBPAUD can rise and break this resistance, GBPAUD will goes up to the next resistance level at 1.8575. But if GBPAUD can be rejected by 1.8455 resistance, this pair may fall and reverse to the support level at 1.8324.

result of calculations based on the market price at standard pivot point trading.
Pair = GBPAUD
Strength = Down
High = 1.8466
Low = 1.8358
Close = 1.8421
BUY, Entry = 1.8358
Take Profit = 1.8529
Stop Loss = 1.825
SELL, Entry = 1.8466
Take Profit = 1.8313
Stop Loss = 1.8574
Date = March 17. 2014
Time Frame = Daily

Gbp/aud technical analysis

date : 03.17.2014
time : 08:15 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 32.69

2) MACD (26,12,9)
value: -0.0017

3) ADX (14)
value: 39.15

4)CCI(14)
value: -148.45

overall trend - slightly bearish.

fibonacci pivot point calculation result
r3 = 1.8523
r2 = 1.8482
r1 = 1.8456
pp = 1.8415
s1 = 1.8374
s2 = 1.8348
s3 = 1.8307
pair = gbp/aud
date = march 17.2014
time frame = daily

standard pivot point calculation
date = march 17.2014
pair = gbp/aud
r3 = 1.8580
r2 = 1.8523
r1 = 1.8472
pp = 1.8415
s1 = 1.8364
s2 = 1.8307
s3 = 1.8256

This GBPAUD likely to go bull for buy again if price continue to above fibo 1.8458. as we see price look pullback up from that strong demand near 1.8355.

GBP/AUD 2014-03-17
intraday: BEARISH TREND provided that 1.8370 is resistance
pivot point @ 1.837
Alternate choice conditions: BULLISH if on top of 1.8370, check for 1.8410 & 1.8430.
Remark: RSI is under 50. The MACD is negative. MA 20 and MA 50 respectively @ 1.8410 & 1.8440
Supports & resistances:
1.843 1.828
1.841 1.825
1.837 1.823
1.835 1.82

http://dl.dropbox.com/u/51561036/scr...317-200029.jpg