GBPAUD best reading of shorter cycles suggests pair is in a WXY (7 swing Elliott Wave structure) from 2/12 peak. Decline from 2.0028 - 1.9568 was in 3 waves which was followed by a recovery to fail below the high and a move lower again. …
Notes: Another failed attempt to breach above a long-dated sliding parallel off the February highs leaves the near-term focus weighted to the short-side for the GBPAUD. A slope identified off the July high has continued to define price action with ...
The GBPAUD has been able to dip below trend line support, the 200 hour moving average (green line in the chart below at 1.9689), and what was an old ceiling (now a floor) at 1.9666. Today's break is the first look below the 200 hour MA …
Key technical setups discussed on USDOLLAR, GBPAUD, USDCAD, Crude Oil, NZDUSD, USDJPY, EURUSD, EURAUD, Gold EURGBP, GBPUSD & GBPJPY. Continue tracking these setups and more throughout the week- Subscribe to SB …
Six of the eight sub-indexes were positive in February including nonfarm payroll employment, unemployment insurance claims (inverted), house prices, industrial electricity demand, state total trade and the Dow Jones Tech Stock Index. …
The euro continues to be volatile, and this rally seems to have found resistance at the 1.25 level. Capital flight out of the …
- GBPAUD, GBPNZD reverse losses at familiar support levels. - EURGBP, EURUSD dip back towards recent lows. - See the DailyFX economic calendar for Monday, July 27, 2015. For at least one of the two central banks closest towards …
GBPAUD 1-hr: January --- Written by Paul Robinson, DailyFX Research To contact Paul, you can email him at probinson@fxcm.com original source DailyFX provides forex news and technical analysis on the trends that influence …
Notes: An outside day reversal candle today off key support shifts the near-term focus back to the topside for the GBPAUD with a breach above the weekly opening range high at 1.8433/40 needed to validate our directional bias. Note that after …