GBP/AUD - Page 4
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Thread: GBP/AUD

  1. #31

    GBP/AUD Technical Analysis

    After the session of Asian market so prices fell sharply to the support 1 and continue on the European market session to break support 1 until support 2 but as the sudden price change drastically with very fast rise up through the daily pivot line and the current price holds resistant area 1

    The important point to note as daily pivot and daily S/R :

    Pivot : 1.6908

    Support 1 : 1.6864
    Support 2 : 1.6816
    Support 3 : 1.6772

    Resistant 1 : 1.6956
    Resistant 2 : 1.7000
    Resistant 3 : 1.7048

    gbpaudh4.png

  2. #32
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    As this pair is success in breaking 1.6968 (200 SMA), It has no choice but to keep the head down a bit this day. I will advice you that a serious caution should be taken on this pair, but scalping can still work on it. You will have to take the downside alone if you ever want to take the advantage of the scalping with it.
    euraud.PNG

  3. #33
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    Although the bearish can dominates today's trading but the price position is still inside the uptrend channel, so this pair is potential to reach and test the technical resistance at 1.6911 again. However if the price can breakdown the channel and support 1.6819 then it will give strong confirmation for bearish trending.

    gbpaudh1.png

  4. #34
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    Due to H4 chart, we can see prices was got the rejection from the top line of downtrend channel and the first technical resistance at 1.6956. so, if the price can breakdown support 1.6825 then it will give good confirmation for bearish to touch the next support on 1.6747 or 1.6662.

    gbpaudh4.png

  5. #35
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    GBPAUD has confirmed its reversal to the downside back after failing at 1.6969. The pair will all be bearish today, and the target of this initial bearish movement swill be at 1.6644 before aiming lower if that point is successfully broken toe the downside targeting lower points. Caution shoudl also be made at this time for retracement sake.
    gbpaud.PNG

  6. #36
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    GBP/AUD on the hourly chart is still under bearish pressure but the rejection from the bottom line of trend channel will give a chance for bullish to make recovery and re-test barrier 1.6819 or 1.6911. But, if prices breakdown support 1.6745 then bearish will continue at that moment.

    gbpaudh1.png

  7. #37
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    After a good breakout of barrier 1.6819 in H1 chart, now the price is ready to hit the technical resistance at 1.6911. Moreover, be aware when the price entered resistance 1.6911 area because there will overbought and prices will make some retracements.

    gbpaudh1.png

  8. #38
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    GBPAUD is confirming a climbing higher now after successfully broken above 1.6817, the bias is bullish at this phase, and it is better that trades take the bullish formation on the 1 hour trdaing chart. The pair is currently retracing for the large move up since yesterday. Once the pair attempts the upside back. This is early signal to go long.
    gbpaud 222.PNG

  9. #39
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    GBP/AUD on the hourly chart is still moving inside the downtrend channel and a rebounce from the top line would make it move down for retracements and re-test the technical support at 1.6865. Moreover a breakdown of support 1.6865 will make bearish confirmed to touch the next support at 1.6782.

    gbpaudh1.png

  10. #40
    This currency pair is testing ma600na Half H4, I think that the pair will continue to rise to the level of the MA200 in the same half, so with a pair of current can enter into short-term purchase, if it passes MA200 up, then change on an upward trend, in this case, I will consider the medium-term purchase.

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