Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/AUD broke multi-month resistance level 1.7900
2019-11-11 • Updated
- GBP/AUD broke multi-month resistance level 1.7900
- Next buy target - 1.8400
GBP/AUD Has been rising sharply in the last 2 trading sessions - following the earlier breakout of the powerful, multi-month resistance level 1.7900 (which has been repeatedly reversing the price from the end of November, as can be seen below). The breakout of the resistance level 1.7900 accelerated the active impulse waves (iii) and 3. GBP/AUD is expected to rise toward the next buy target at next resistance level 1.8400.
Similar
GBP/USD has managed to rise for the third trading day in a row including today’s Asian session, while the daily technical indicators are moving higher gradually.
AUD/USD has been trying to break higher for an extended period but without any chance. From April until today, all rallies’ attempts have faded as shown on the daily chart.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
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