OANDA:GBPAUD Pound to Australian Dollar: On the verge of falling off the top? My analysis shows that the GBP/AUD pair is currently in a risk zone after its recent rally, with a possible downside from the 1.95000 area. * Euro to Australian Dollar Correlation: There is a strong correlation between the Euro and the Australian Dollar. My scenario: * The...
My analysis on GBP AUD, I use limit orders so I don't need to be in front of the chart all day. To consider this a good entry there are certain criteria to follow: 1. Clean BoS with IMB. 2. * Look for areas where liquidity has been purged. 3. * Stochastic: in uptrend 0-15, in downtrend 85-100. ( * ) = Not optional but increases our probability. I use Fibonacci...
My dear subscribers, My technical analysis for GBPAUD is below: The price is coiling around a solid key level - 1.9345 Bias - Bullish Technical Indicators: Pivot Points Bullish anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 1.9344 My Stop Loss - 1.9291 About Used Indicators: By the...
A fairly easy and straightforwarded trade: Just short the GBPAUD on rallies as the RBA will (very likely) still hike rates in 2024, where as the UK is done with rate hikes and will cut much faster than the market expects right now. UK: - CPI will fall faster than the BOE expects it right now. - Especially services inflation will has a big downside surprise risk...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Please, check our technical outlook for GBPAUD. Time Frame: 3h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 1.935. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 1.941 level. P.S Overbought describes a...
Price has failed to mitigate our demand zone but started a shit from the imbalance. Lets see how we can follow price flow and get to the 1.94794 zone.
-Broke previous low -(4h) demand zone is the target - Bullish falling wedge pattern is being created on higher time frame (4h)-(D), Take a close look, the target of my trade would be stopping early buyers on short term demand zones ( $$$) all the way to the main (4h) demand. And once price reaches this zone, we will be looking for a long term BUY ---> (BLUE...
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
Well, By checking the GBPAUD daily chart, we can see the price grabbed the buy side liquidity then had a bearish reaction, and activated the bearish daily breaker block. Then to see more details we should check the 1 Hour chart. In 1 hour chart there are two bearish scenarios. The first one is, that the price takes the liquidity above 1.939 and then falls to...
Price has just cleared liquidity and its finding its way back to the top to mitigate the supply zone. From 1.94237 zone, i am looking to go short the next demand zone, since we have identified two zones, watch out for where price gives you a confirmation entry. Cheers.
Possible ICI set up #EMC Price is bouncing off the top of a bullish M Channel. Last week was a nice pullback. Looking for price to continue bearish at a minimum to the middle of the M Channel area. M = monthly
My dear followers, This is my opinion on the GBPAUD next move: The asset is approaching an important pivot point 1.9315 Bias - Bullish Safe Stop Loss - 1.9282 Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market. Goal - 1.9382 About Used Indicators: For more...
Take a look at our analysis for GBPAUD. Time Frame: 4h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 1.931. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 1.937 level. P.S Please, note that an oversold/overbought...
GBPAUD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long GBPAUD Entry Point - 1.9354 Stop Loss - 1.9313 Take Profit - 1.9444 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️
The technicals are suggesting that GBP/AUD may be headed north. Yesterday the price the price bounced off WS1 support and we've seen GBP/AUD BEARS push the price back down to this level earlier today where BUYERS have again pushed the price away from this level. Its possible that we may see GBP/AUD BEARS attempt to push the price back to WS1 but other technicals...
Glossary: VA – Value Area Liq.P – Liquidity Point PiPo – Pivot Point BO – Break-Out H1 – Hourly Time-frame M15 – 15min Time-frame LTF – Lower Time-frame HTF – Higher Time-frame Magenta horizontal Ray – Area of Interest Magenta rectangle – Gap / Area of Significance *********** After tapping into the previous swing high and a strong impulsive move to the...
Looking at the GBPAUD pair, we can observe a sharp decline in GBP during today's session, supported by a strong AUD and weaker GBP. However, our stance remains unchanged; we anticipate GBP strengthening in the next few sessions. Consequently, we've entered a long position at 1.93800. Our stop loss is set at around 1.93300, representing a loss of 50 pips or 0.3%,...