Community
Blog
Haynes6EU's Blog

Haynes6EU's Blog

Avatar

GBPAUD continues to go down to 1.763???

Haynes6EU Posted 31 Mag as Analysis on GBP/AUD, Target: 1.8000, Date: 1 di Luglio, 12:00 GMT  in #Technical analysis #GBP/AUD #Aussie #Gbpaud #Pound #Commodity Dollar
1. Monthly chart: shows this pair is still in a rising channel. So I think medium-term target could be 2.0 level, It's also Fibonacci 50% level in monthly chart. May be the pair is in a correction process and short-term target could be around 1.76 level.
2. Weekly chart: weekly chart shows the pair is in wave 4 and prepare to start wave 5 for medium-term target 2.0 level. I think wave 4 can finish soon and I will watch closely on 1.76 level.
3. Daily chart show supply zone around 0.83 and deman…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

4 Commenti
Haynes6EU avatar
Haynes6EU 10 Giu

Down momentum still intact but it seems that the momentum is weaker!

Haynes6EU avatar
Haynes6EU 16 Giu

The pair bounced from support level after Carney's comments last week! The pair still is in consolidation period. I expect one more down leg before go up!

Haynes6EU avatar
Haynes6EU 23 Giu

The pair still consolidating in range 1.79~0.82! I still expect one more leg down before the pair can go up. China's Manufacturing PMI continue to support for AUD!

Haynes6EU avatar
Haynes6EU 30 Giu

Bored pair with thin range 1.8 ~ 1.82. What next? Let's wait RBA interest rate decision and statement.

oper inserire commenti
Avatar

GBPAUD retest 0.84 level before go south?

Haynes6EU Posted 28 Apr as Analysis on GBP/AUD, Target: 1.836, Date: 2 di Giugno, 12:00 GMT  in #Technical analysis #GBP/AUD #Aussie #Gbpaud #Pound #Commodity Dollar #H S Pattern #Neck Line
Framework:
I. Fundamental: U.K's Fundamental data continues to support for GBP. Meanwhile Australia's fundamental data change from bullish to neutral after soft CPI data, next move of AUD depend on employment data.
II. Currency positioning: Net long position for both GBP and AUD.
III. Technical view:
1. Weekly chart: The pair GBPAUD go down when hit long-term downtrend line, reversal sign confirmed by a break neck line. The price go down and hit support at 1.774. There are two bullish candles fr…
Read full story
Translate to Inglese Show original

Since you are not logged in, we don't know your spoken language, but assume it is Inglese
Please, sign in or choose another language to translate from the list.

– o –

6 Commenti
Vedi 1 più commenti
Haynes6EU avatar
Haynes6EU 8 Mag

The price fall down from 0.83 resistance level. Fundamental is supporting for AUD. Employment data is good :D

Haynes6EU avatar
Haynes6EU 12 Mag

Next target: 1.76. After that price go up!!!!!!!!!!

Haynes6EU avatar
Haynes6EU 16 Mag

1.783 level hold and price bounce from there. AUD is loosing up momentum

Haynes6EU avatar
Haynes6EU 21 Mag

The pair bounce from 1.783 level. Now the pair can retest the neck line at 1.836~1.84 area

Haynes6EU avatar
Haynes6EU 31 Mag

It seems that the pair is consolidation in wave 4 and prepare for wave 5. The pair can visit 1.76 before go up to 2.0. Maybe?

oper inserire commenti