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http://prntscr.com/3ylc3k
analysis for today 7 / 2 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPAUD on the date 7 / 1 / 2014
OPEN 1.8130
HIGH 1.8164
LOW 1.8048
CLOSED 1.8051
The third resistance (R3) 1.8164 -( 1.8088 - 1.8048 = 0.0040 x 2 = 0.0079 )= 1.8243
The second Resistance (R2) 1.8088 + 1.8164 - 1.8048 = 1.8204
First resistance (R1) 1.8088 x 2 = 3.6175 - 1.8048 = 1.8127
pivot points 1.8164 + 1.8048 + 1.8051 = 5.4263 / 3 = 1.8088
Support for the first (S1) 1.8088 x 2 = 3.6175 - 1.8164 = 1.8011
Support second (S2) 1.8088 -( 1.8164 - 1.8048 = 0.0116 ) = 1.7972
Third Support (S3) 1.8048 -( 1.8164 - 1.8088 = 0.0076 x 2 = 0.0153 )= 1.7895
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http://prntscr.com/3ynlmc
analysis for today 7 / 2 / 2014
GBP/AUD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8120
Retracement (50%) 1.8106
retracement (61,8%) 1.8092
Extensions (61.8%) 1.8236
Extensions (100.0%) 1.8280
Extensions (138.2%) 1.8324
Extensions (161.8%) 1.8352
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/3yvcys
analysis for today 7 / 3 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPAUD on the date 7 / 2 / 2014
OPEN 1.8052
HIGH 1.8190
LOW 1.8049
CLOSED 1.8172
The third resistance (R3) 1.8190 -( 1.8137 - 1.8049 = 0.0088 x 2 = 0.0176 )= 1.8366
The second Resistance (R2) 1.8137 + 1.8190 - 1.8049 = 1.8278
First resistance (R1) 1.8137 x 2 = 3.6274 - 1.8049 = 1.8225
pivot points 1.8190 + 1.8049 + 1.8172 = 5.4411 / 3 = 1.8137
Support for the first (S1) 1.8137 x 2 = 3.6274 - 1.8190 = 1.8084
Support second (S2) 1.8137 -( 1.8190 - 1.8049 = 0.0141 ) = 1.7996
Third Support (S3) 1.8049 -( 1.8190 - 1.8137 = 0.0053 x 2 = 0.0106 )= 1.7943
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http://prntscr.com/3z146t
analysis for today 7 / 3 / 2014
GBP/AUD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8136
Retracement (50%) 1.8120
retracement (61,8%) 1.8103
Extensions (61.8%) 1.8277
Extensions (100.0%) 1.8331
Extensions (138.2%) 1.8385
Extensions (161.8%) 1.8418
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/3z7l15
analysis for today 7 / 4 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPAUD on the date 7 / 3 / 2014
OPEN 1.8171
HIGH 1.8367
LOW 1.8169
CLOSED 1.8348
The third resistance (R3) 1.8367 -( 1.8295 - 1.8169 = 0.0126 x 2 = 0.0251 )= 1.8618
The second Resistance (R2) 1.8295 + 1.8367 - 1.8169 = 1.8493
First resistance (R1) 1.8295 x 2 = 3.6589 - 1.8169 = 1.8420
pivot points 1.8367 + 1.8169 + 1.8348 = 5.4884 / 3 = 1.8295
Support for the first (S1) 1.8295 x 2 = 3.6589 - 1.8367 = 1.8222
Support second (S2) 1.8295 -( 1.8367 - 1.8169 = 0.0198 ) = 1.8097
Third Support (S3) 1.8169 -( 1.8367 - 1.8295 = 0.0072 x 2 = 0.0145 )= 1.8024
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http://prntscr.com/3zcv4e
analysis for today 7 / 4 / 2014
GBP/AUD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8291
Retracement (50%) 1.8268
retracement (61,8%) 1.8245
Extensions (61.8%) 1.8489
Extensions (100.0%) 1.8565
Extensions (138.2%) 1.8641
Extensions (161.8%) 1.8687
calculation based on a Fibonacci retracement then today I choose buy
---------- Post added at 10:59 PM ---------- Previous post was at 10:43 PM ----------
http://prntscr.com/3zcv4e
analysis for today 7 / 4 / 2014
GBP/AUD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 1.8291
Retracement (50%) 1.8268
retracement (61,8%) 1.8245
Extensions (61.8%) 1.8489
Extensions (100.0%) 1.8565
Extensions (138.2%) 1.8641
Extensions (161.8%) 1.8687
calculation based on a Fibonacci retracement then today I choose buy
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http://prntscr.com/404zbz
analysis for today 7 / 7 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle GBPAUD on the date 7 / 4 / 2014
OPEN 1.8349
HIGH 1.8357
LOW 1.8307
CLOSED 1.8318
The third resistance (R3) 1.8357 -( 1.8327 - 1.8307 = 0.0020 x 2 = 0.0041 )= 1.8398
The second Resistance (R2) 1.8327 + 1.8357 - 1.8307 = 1.8377
First resistance (R1) 1.8327 x 2 = 3.6655 - 1.8307 = 1.8348
pivot points 1.8357 + 1.8307 + 1.8318 = 5.4982 / 3 = 1.8327
Support for the first (S1) 1.8327 x 2 = 3.6655 - 1.8357 = 1.8298
Support second (S2) 1.8327 -( 1.8357 - 1.8307 = 0.0050 ) = 1.8277
Third Support (S3) 1.8307 -( 1.8357 - 1.8327 = 0.0030 x 2 = 0.0059 )= 1.8248
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1 Attachment(s)
On the daily TF, the price is moving up inside a bullish channel and simultaneously a Gartley harmonic pattern is on-sight. Till July 7th its time will be fulfilled and if the supply pressure existed, we are expecting a drop if the supply pressure existed in the market.
http://forex-fa14.blogspot.com/
:)
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I think that we have to wait and see what will happens at the resistance in 1.8250. In the case of breaking this resistance then I think that the price will continue to 1.82 in either case if the price dail to break it then it will go up to 1.8310.
http://i.imgur.com/z0HfVYu.png
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http://prntscr.com/40aa08
analysis for today 7 / 7 / 2014
GBP/AUD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 1.8326
Retracement (50%) 1.8332
retracement (61,8%) 1.8338
Extensions (61.8%) 1.8276
Extensions (100.0%) 1.8257
Extensions (138.2%) 1.8238
Extensions (161.8%) 1.8226
calculation based on a Fibonacci retracement then today I choose sell