I think that the price will fall down now from the 61.8 level of fibonacci ratios at 1.8930, that's why we can get in short position with take profit at 1.8547.
Thread: Gbp/Aud
I think that the price will fall down now from the 61.8 level of fibonacci ratios at 1.8930, that's why we can get in short position with take profit at 1.8547.
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Spoiler:
Daily Forecast
Pair: GBPAUD
Major Trend: Bullish
Time Frame: Daily
Reason: There are penetrated resistance at 1.8771 price. To this day, the possibility of price has reached its highest point. Further movement correction to 1.8829-1.8871 area
Recommendation: Sell now, or buy limit at 1.8829
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pair- Gbp/aud
time frame to analysis- m15
the price is moving up side from the support at 1.8565 level and break the daily resistance at 1.8808 level. the stoch indicator is also in up trend side. long with profit target at 1.8895 and stop loss at the 1.8710
good luck
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On looking at the last signal on vestro indicator there is a bearish saturation signal by going towards -100 level that may be a good indication to go south for now When you want to enter short so you can target the next level of support of the MBFX indicator at 1.8616 as first take profit and 1.857 as your final target.
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pair- gbp/aud
time frame to analysis- m15
the price is moving down from the resistance at 1.8775 level and price is moving down side. if this is break the daily pivot point 1.8606 level then it may be falling to the lower support at 1.8525 and stop loss at the 1.8730
good luck
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I think that we should wait until the price break the black trendline decree below in the 30M time frame than we get in short position with take profit at 1.8589.
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.
Daily Forecast
Pair: GBPAUD
Major Trend: Bullish
Time Frame: Daily
Reason: bullish pattern has been formed since 2 days ago. Prices are still correction 1.8682 area, and still has the potential to lead the daily pivot point at 1.8606 price
Recommendation: Buy Limit at 1.8606
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I think that the resistance level at 1.8560 will make the price fall down, that's why we can get in short position with take profit at 1.8382.
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.
pair- gbp/aud
time frame to analysis- m15
the up movement of the price is not able to break the resistance of pivot point at 1.8528 level and price is falling down with strong bearish candle with breaking the support at 1.8425. the may be hit the lower support at 1.8360 level. hold the short entry with stop loss at 1.8480
good luck
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.
I think that we can get in short position from the resistance level at 1.8524 with take profit at 1.8360.
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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