empty
17.07.2024 07:06 AM
Technical Analysis of Intraday Price Movement of GBP/AUD Cross Currency Pairs, Tuesday July 16, 2024.

This image is no longer relevant

With price movement conditions which are above the 20 and 50 EMA which also intersect the Golden Cross and are confirmed by the Awesome Oscillator indicator which is also in the positive area on the 4 hour chart, GBP/AUD in the near future will try to test the 1.9240 level if this level is successful If it is broken above, GBP/AUD will try to test the level above it, namely 1.9287 as the main target and if the momentum and volatility are supportive then it is not impossible that the 1.9339 level will be the next target to be aimed at, but if it is on its way to the target levels described above However, if there is a significant weakening correction that penetrates below the 1.9067 level, then all the strengthening scenarios that have been described previously will become invalid and automatically cancel itself.

(Disclaimer)

Summary
Urgency
Analytic
Arief Makmur
Start trade
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

XAU/USD. Analysis and Forecast

Today, gold found support at the 200-SMA on the 4-hour chart. Yesterday, gold also found solid support and rebounded from the 200-period Exponential Moving Average (EMA) on the same timeframe

Irina Yanina 12:16 2025-11-19 UTC+2

USD/JPY. Analysis and Forecast

A weekly close of USD/JPY above the psychological level of 155.00, along with positive oscillators on all charts, indicates that the path of least resistance for the pair remains upward

Irina Yanina 11:43 2025-11-19 UTC+2

EUR/USD Forecast on November 19, 2025

On Tuesday, the EUR/USD pair continued a weak downward movement and consolidated below the 61.8% retracement level at 1.1594. Thus, the decline in quotes may continue toward the next 76.4%

Samir Klishi 10:58 2025-11-19 UTC+2

Forex forecast 19/11/2025: EUR/USD, USD/JPY, GBP/USD, USDX, Gold and Bitcoin

Useful links: My other articles are available in this section InstaForex course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful

Sebastian Seliga 10:42 2025-11-19 UTC+2

GBP/USD Forecast on November 19, 2025

On the hourly chart, the GBP/USD pair continued trading within the horizontal channel of 1.3110–1.3186 on Tuesday. Today, a new rebound of quotes from the 161.8% retracement level at 1.3110

Samir Klishi 09:44 2025-11-19 UTC+2

GBP/USD. Technical Analysis on November 19, 2025

On Tuesday, the pair, moving upward, tested the resistance line at 1.3176 (bold red line), after which the price moved downward, closing the daily candle at 1.3141. Today the price

Stefan Doll 09:39 2025-11-19 UTC+2

EUR/USD. Technical Analysis on November 19, 2025

On Tuesday, the pair, moving downward, tested the retracement level of 23.6% at 1.1574 (yellow dashed line), after which the price rose slightly, closing the daily candle at 1.1580. Today

Stefan Doll 09:12 2025-11-19 UTC+2

Today, On Wednesday, November 19, 2025, Natural Gas appears to have the potential to weaken down to its nearest support level.

[Natural Gas] Although the RSI is in the Neutral-Bullish level, but with the position of both EMAs forming a Death Cross gives an opportunity for #NG to weaken today

Arief Makmur 06:45 2025-11-19 UTC+2

Crude Oil, which supported by its technical indicators, has the potential to strengthen today.

[Crude Oil] With the EMA in a Golden Cross position and the RSI in the Neutral-Bullish level, then the potential for #CL to strengthen today is very promising. Key Levels

Arief Makmur 06:45 2025-11-19 UTC+2

USD/JPY. Analysis and Forecast

From a technical standpoint, yesterday's close above the psychological level of 155.00 has given the USD/JPY pair new upward momentum. Moreover, oscillators on the daily chart are positive and have

Irina Yanina 18:26 2025-11-18 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.