SubscribeSentiment was also hurt by U.S Trade Representative Robert Highlighter's comment that it was too early to predict an outcome in trade talks between Washington and Beijing.
Thread: Gbp/Aud
Sentiment was also hurt by U.S Trade Representative Robert Highlighter's comment that it was too early to predict an outcome in trade talks between Washington and Beijing.
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Factory activity in China reached a three-year low in February as export orders fell at the fastest pace since the global financial crisis, more evidence of an economy facing weak demand at home and abroad.
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"The weak Chinese PMI data and concerns about the progress of U.S- China trade talks are weighing on risk appetite, and that is pushing the franc higher," said Esther Maria Reichelt, an FX strategist at Commercialize.
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INDIAN FOREX
GBP-AUD
The British pound also saw profit-taking, but it is still in track to lead gains against the dollar in February as fears about a no-deal Brexit fade.
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GBP/AUD
The swiss franc rallied by half a percent against the dollar on Thursday as weak Chinese factory data lack of progress at U.S -China trade talks encouraged traders to take profits.
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Gbp/Aud is bearish trend
Resistance and Supporting level
Resistance level
High price is:1.8564
Low price is : 1.8404
1- Resistance level is:1.8579
2- Resistance level is: 1.8597
3- Resistance level is: 1.8608
Supporting level is:
1- Supporting level is: 1.8553
2- Supporting level is: 1.8538
3- Supporting level is: 1.8523
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Right now gbpaud currencies Price is 1.86361
Today by checking the all routine of the chart I think that the most profitable sell point will be 1.86215
And today I think that the most profitable buy point will be 1.86452
Hope you will follow me and will get more money because I posted this after checking the market carefully Good luck my friend
My all best wishes are with you
Please don't forget to thank me..
Thanks for reading my post.....
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
"Hello dear members of this great community, here are my analysis of GBP/AUD for today.
GBP/AUD is Strong Buy according to four-hour chart. RSI(14)'s value is (62.992), STOCH(9,6)'s value is (55.027) and STOCHRSI(14)'s value is (0).
Let's have a look at today's Support and Resistance levels:
Pivot Point: 1.8641
Support 1: 1.8615
Support 2: 1.8599
Support 3: 1.8573
Resistance 1: 1.8657
Resistance 2: 1.8683
Resistance 3: 1.8699
According to the current scenario I would like to recommend you to take trade according to the support and resistance levels of the market."
Risk Warning: Trading on financial markets carries risks. Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
kanita (2019-02-28), omergul (2019-02-28), Rukhsana90 (2019-02-28), SA148P (2019-02-28), Shah G (2019-02-28)
Technical analysis of Gbp/Aud is bearish trend
Resistance and Supporting levels is :
Resistance level is
1> Resistance level is:1.8644
2> Resistance level is: 1.8657
3> Resistance level is: 1.8671
Supporting level is
1> Supporting level is: 1.8614
2> Supporting level is: 1.8602
3> Supporting level is: 1.8587
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Recently gbp/aud currencies rate is 1.86325
Today by checking the technical indicator i have come to know that the best
sell point will be 1.86201
and today by checking the indicator i suggest that the most profitable buy point will be 1.86458
I hope you will follow me and you will get more income because i suggested this after seeing the
market and indicator completely
All the best my friends.
My all best wishes are with you.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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