Get started

GBPAUD

GBPAUD Possible further drop?The price has precisely aligned with my previous analysis, reaching the designated target level. Notably, it has breached a support level that had undergone testing on two occasions. After breaking through the support level at 1.90500, the market experienced a new low. Should it retrace to the aforementioned level and the descending trendline, I anticipate a further decline, in line with the bearish trend. A robust resistance level has also materialized, and I foresee a scenario where there's a break-and-retest. My objective lies at the support point of 1.89230.
Short
by ForexWizard01
GBPAUD to find buyers at current support?GBPAUD - 24h expiry Indecisive price action has resulted in sideways congestion on the intraday chart. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 1.9175 will confirm the bullish momentum. The measured move target is 1.9300. We look to Buy at 1.9100 (stop at 1.9040) Our profit targets will be 1.9250 and 1.9300 Resistance: 1.9175 / 1.9200 / 1.9250 Support: 1.9100 / 1.9050 / 1.9025 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
Long
by OANDA
Is GBPAUD now in a larger range? On the Daily chart (right panel) you can see the wedge GBPAUD has been respecting until Tuesday when a large sell of caused it to close outside. After a flush down on AUD news Wednesday, it saw strong buying pressure which looks to be resuming today after a drop early London. I'm now starting to look at the 30m range from 1.9060 to 1.9320 as the way to play this. There is a decent way to go before we get to the top of the range, but it could manage it tomorrow given the 21 day ExMo is 140. At which point I may look to buy a Put for next week, and trade the intra-day price action on Monday as a way to gain exposure to potential downside without having to hold the over night risk on a tradition position. Overall well worth watching as the Aussie pairs have been moving nicely in recent weeks and we want to capitalise on that while we can.
Short
by RuckSack
The same three correction waves, the possibility of the fourth wGreetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!
by mehdi47abbasi79
Three correction waves, now running wave (B).Greetings, dear friends. I hope you are having a productive week. I am happy to assist you in ensuring that all previous analyses are attached to each corresponding analysis. This will provide a comprehensive overview and help you make well-informed decisions. Please do not hesitate to let me know if there is anything else I can do to assist you further. I want to share my market analysis ideas based on the Elliott Wave Principle with you. I am a fan of this principle and follow all the rules and guidelines for analyzing the market. However, please note that my ideas are based on my personal experience and may change over time. If there is an error in my analysis, I am open to re-analyzing it from the beginning and learning from my mistakes. It's important to understand that making an error in analysis is not a fault, but evading responsibility is. No one can analyze financial markets with 100% accuracy, but it's remarkable how close we can get. We analyze from multiple perspectives to consider all possibilities. Let's mention a few opinions and ideas! Based on mathematics. I am still practicing to understand the Elliott Wave Principle better and hope to provide an even better analysis in the future. Thank you for your continued support, and I look forward to our mutual success. Best regards, Mr. Nobody Keep trying and never give up. Good luck!
Short
by mehdi47abbasi79
GBPAUD H4 | Falling to support level?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 1.9380, which is a pullback overlap resistance that aligns with the 127.2% Fibo extension Our take profit will be at 1.9209, a pullback support level. The stop loss will be placed at 1.9501, an overlap resistance level that above the 161.8% Fibo extension. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Forex Capital Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. FXCM Australia Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
Short
by FXCM
GBPAUD ↗️Hello Everyone 🙋🏽‍♂️ 🔴 1.90780 🟢 1.95050 🟢 1.97500 We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone, manage your lot size as well and your SL and TP Don't forget to hit the like bottom and write a comment to support us. Follow us for more 🙋🏻‍♂️ Best Regard / EMA Trading . Disclaimer: ---------------- It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
Long
by EMA_Trading
2