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Market Analysis - Forexmospherians.com

Market Analysis Blog is the traders navigation page for quickly referencing the latest updates for this category and adding Market Analysis posts.

 Share your Market Analysis with the community but try to avoid just simply posting a Chart, link or video and saying this is great. Explain what makes it great or how this was useful. Sometimes the Market Analysis is crystal clear to experienced traders but they will remain a mystery to anyone not seeing what you know. So say what you enjoyed about it or describe why you made that Trade, came to that Market Analysis or set of results. 

Daniel Stasziek

GBPAUD | Foreign Exchange Markets

GBPAUD Technical Market Analysis:

Main Trend broke the downtrend to begin a bull market.

Currently held at support and resistance which is identified on the Forex chart above.

Smaller timeframes required to day trade or scalp.

Looking for a break of s/r. Will keep a close eye for either direction breakout. 

It is possible that a great swing trade maybe setting up. These tend to be the stronger signal for position trades for a conservative trader and larger pip profits involved.

E-mail me when people leave their comments –

Viktor
Senior Forex Market Analyst
Contributor at Forexmospherians.com
Currency Pairs USD, EURO, GBP, AUD, CAD, NZD, JPY

Comments

  • Great Chart Viktor and excellent market analysis, definitely a currency pair and blog to follow. If anyone in interested in further GBPAUD and some historical data to trade this pair then here is a link below and hope it helps:

    http://www.forexmospherians.com/fx-bloggers-corner/ga-lock-stock-an...

    GBPAUD | Lock, Stock and Two Smoking Barrels.
     A flyby of the GBPAUD Forex trade which ended up being a Trend Reversal. I was in neutral mind-set bias when originally analysing this pair through…
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