Long term movement pivot, Resistance and support levels are as follows for today date.
Current market price is at - 1.9417
This currency name - GBP/AUD
Resistance and Target - 1.9433
Support and Stop Loss - 1.9401
Always follow Long time frame market trend.
Signal is Sell.
GBP/AUD - currency Trade pair.
Today forex signal - Buy
Support 3 - Support 2 - Support 1.
1.9291 - 1.9322 - 1.9368
Resistance 1 - Resistance 2 - Resistance 3.
1.9445 - 1.9476 - 1.9523
Time frame that is considered while making support and resistance levels - Daily and weekly Time frame
Consider the daily economic news before taking the trade.
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.
Candlestick charts are the most common chart types used by retail traders and investors. There are many other types of charts such as line charts, bar charts etc., but they don’t tell the story of past price action like candlestick indicator patterns do. When active trading is based solely upon technical analysis, projecting future price action is rooted in how the price has behaved in the past.
Candlestick analysis is a very useful form of technical analysis. It works almost perfectly in volatile times but also functions adequately in less volatile times. All in all, candlesticks, as well as candlestick trading, works fairly well in isolation or when combined with one or two other indicators.
Candlesticks represent fluctuations in price for a certain period of time. Durations may be as little as one minute or as large as a week or month. The body of the candlestick is the price difference between the opening and the closing time. The two vertical lines on each side, which are called shadows or wicks, display the highest and the lowest point of the price for that period of time.
GBPAUD is consolidating after the 1.9150 bottom. Levels to watch: - The Resistance is at 1.9750 and the Support at 1.9150. - The MA50 on the 4H chart rejected the first upside attempt and the price is now attempting the second one. - The MA200 may provide support near the 1.91500 level. - The RSI is repeating a sequence previously formed after a bottom.
GBP/AUD - Pound to Australian Dollar
02:21:02(GMT)|Real-Time Data, Quoted in AUD
1.9352 - 1.9441
Subclass / Sector