Acttually you have to watch thi pair , because there is a trend of 4 points ad you need just to follow the trend , actually we have tomorow the retail sales , and if this come neguative then we will se this pair going down.
Thread: Gbp/Aud
Acttually you have to watch thi pair , because there is a trend of 4 points ad you need just to follow the trend , actually we have tomorow the retail sales , and if this come neguative then we will se this pair going down.
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pair- gbp/aud
time frame to analysis- m15
the major trend of the price is down side but its now correction side from the support at 1.8840 level. its try to break the resistance of pivot point at 1.8910 level but the stoch indicator is overbought. short with take profit at 1.8827 and stop loss at 1.8955
good luck
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March 25, 2015 update:
The price of the pair moves starting wave (1.9461) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.8921) and (1.9042 It is worth mentioning that the current wave goal access to the area (1.8755) and with respect to trades that day will be watching the movement Price among level (1.8767) and level (1.8861) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.8834) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.9056) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.8771) - the second support (1.8692) - First resistance (1.8993) - second resistance (1.9135).
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.
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.
March 24, 2015 update:
The price of the pair moves starting wave (1.9461) It is noted that the limits of the line the main direction drawn to this wave along the between-level (1.9126) and (1.9185 It is worth mentioning that the current wave goal access to the area (1.8755) and with respect to trades that day will be watching the movement Price among level (1.8884) and level (1.9045) to seize the opportunity of early entry, technical studies indicate that in the case of a sale, the nearest level can be tested is (1.8939) In the case of increased sales to close four hours below this level, the downward trend will continue, On the other hand, in the case of purchases is the closest level to be tested is (1.9238) and in the case of increasing purchases four-hour closing candle above this level, the upward trend will continue, support and resistance levels are as follows: support first (1.8871) - the second support (1.8756) - First resistance (1.9169) - second resistance (1.9353).
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Result GBP AUD
www.analysis2014.blogspot.com/2015/02/gbpaud_14.html
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Last edited by fxfibo; 2015-03-24 at 01:40 PM.
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.
Dropped the price of the pair during the last trading below the 38.2% Fibonacci influenced by negative and who is trying to reach the saturation level sales, as is evident by drawing attached stochastic, the above would postpone the emerging view in spite of price stability within the major bullish channel and wait to tell him of the support level at 1.8510 and then to come back to the formation of a new bull Moajat.
Negative stochastic conflict with the stability of the moving average on the 55 key support level will force the price on the negative intraday volatility to remain pending the disposal price of the negative intraday and then begin to form Moajat rising due to price so the main upward tendency.
Expected trading range for today between 1.9250 and 1.8650
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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.
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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