Positioning Clients are skewed long, with 63% of open interest is held looking for upside in AUDUSD. In the broad market, the big flow desks report that hedge funds (leveraged players) are small net short of AUDs, while ‘real money’ (pension funds, insurance, asset managers) have a large net short AUD exposure. Factors that could move the AUD? • The RBA...
We've had a breakout of both support and descending dynamic trendline with no retest, which I'm expecting. I can't see us retesting the dynamic trendline so considering shorts on the LTF's when we return to the resistance (formerly support) line. Expecting Aussie strength and Pound weakness, we may go higher with the interest rate decision from the BoE this week...
✅GBP_AUD is trading in a Downtrend and the pair Broke out of the bearish Wedge pattern so we are Now bearish biased and I will be expecting A further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! . . . . . GBPNZD is rejecting a horizontal reversal zone and trading in a bullish trend on the 4hr & 8hr. I expect it to go up to the target zone. LONG! Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
GBPAUD completed a Zigzag pattern to tag the 50% Fibonacci retracement of the wave (iii). Target around the 1.8830 area where (v) = (i), a common Elliott Wave relationship between waves 1 and 5.
price created a h&s pattern and rejected the 1hr order block (white box) multiple times. price is coming down from rejecting the daily low level of 1.93050. im expecting price to head to the 0.5 0.618 (gold box) of the weekly low and daily low.
Hello,Traders! GBPAUD is bullish on the weekly and just broke a key level resistance 1.9230 on the daily. We expect a pullback to the previous structure broken, and will be monitoring for a potential long from 1.9188 zone to the target resistance. Trade safe and good luck! Like, comment and subscribe to help us grow! Check out other forecasts below too!
FX:GBPAUD has been been attempting to push higher creating some higher lows on the H4 TF. Are we going to see a continued push? That remains to be seen. My Immediate support areas: 1) 1.91936 2) 1.90541 My immediate Resistance areas (Targets) 1) 1.94971 2) 1.97279 Disclaimer: All trade ideas are given for educational purposes and should not be treated as an...
My dear friends, My technical analysis for GBPAUD is below: The market is trading on 1.9234 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 1.9279 About Used Indicators: A pivot point is a technical analysis indicator, or calculations, used to determine the overall...
Hello traders, we want to check the GBPAUD chart. The price has broken the ascending channel to the bottom and is currently moving in a downtrend. The price has pulled back to the specified key level and we expect this level to maintain the downward trend and the price will fall to around 1.89000. Good luck.
hello dear trader GBPAUD wanna pull back to the neckline... are you ready for buy position ? gbp central bank must raising interest rates and gbp can go up stop loss neeed for any position good luck
GBPAUD looks quite overbought to me. We see a clear sign of strength of the sellers with a breakout of a neckline of a double top formation and a violation of a support line of a rising wedge. I expect a retracement to 1.92445 ❤️Please, support my work with like, thank you!❤️
Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.92400 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.92400 support and resistance area. Trade safe, Joe.
Price could rise towards our sell entry at 1.9391, which is an overlap resistance and slightly below the 61.8% fibo retracement. Price is now reacting to the bottom of the FVG zone, however, there is a possibility for price to fill the gap of the imbalance. Hence we are looking for sells nearer to the overlap resistance level. Our stop loss is at 1.9504, which is...
There is a weekly supply in control. In daily, we are currently on wave (iv) of i. We look to see a bearish continuation move once it taps daily supply at 1.93810. See you at 1.8700 Bingo!
Welcome back! Let me know your thoughts in the comments! ** GBPAUD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Looking to probe again, stopped out on initial entry.
It shocks me how people will see a chart like this ob the daily...look you in the eye and say its bearish sell....guys GA and EA are going to the moon. I've been waiting for this move. Ever since this SND zone was retested on the daily (giving institutions great price to continue long), I've been getting in buys that have been working beautifully. It's been...