Eur/Aud

the pair is rejected from the resistance at 1.3060 and now moving down side but it is also reached to the support level. this will try to break this support and move more down side. if the support is break then it will try to hit the next support at 1.2910

EURAUD This pair is trading at 1.29 52/54 (-0.58%), the exponential moving average period 5 is at 1.3115 giving the indication of a Buy situation. The exponential moving average period 20 is at 1.3113 telling us that it is a Buy signal. The ADX is indicating that the trend is Neutral. The main pivot point is at 1.3021. Price has been trading between High 1.3054 Low 1.2933.

elliott correction zigzag 1.2810 current fall is near an end of wave around 1.2838 zone a rally should then procede to above 1.2924 fall below 1.2795 would cancel this scenario
technical points
key point 1.2873 - entry point 1.2890 - elliott 1.2960 - closing 1.2880 - projection 1.2810 - trend line 1.2924

On the euro - the Australian dollar, the daily timeframe, there is a hidden bearish divergentsyya which is already in mining. The first objective of this divergence 1.2790 (which is about 170 pp), but still get too big .. so the refrain, but the script as a whole is not bad)//

Resistance 3.............1.3245
Resistance 2.............1.3169

Resistance 1.............1.3122
Pivot.......................1.3046
Support 1...................1.297
Support 2.................1.2923
Support 3.................1.2847

on short-term charts pair decreases and the last day struck the local support and the bottom has formed Narrows formation, pinned down, so it is logical that the pair will fall to 1.2900 figure .. as well and indicators signal a possible fall is at the bottom and has not yet seen that unfolded .../

M30
seen prices move up .. MA crosses above 10 and 20 show the trend is up today. but the condition will go overbought RSI. Will got out and went up??

Spoiler:

http://my.jetscreenshot.com/demo/m_2...v4lk-151kb.jpg

Eur/aud analysis for 02.11.2013 by using : pivot indicator.

r3: 1.3148
r2: 1.3102
r1: 1.3029

pivot: 1.2983

s1: 1.2910
s2: 1.2864
s3: 1.2791

buy eur/aud at the level 1.3020 with targets at 1.3070 and 1.3120, but in case of breaking the level 1.3000, then sell below this level with targets at 1.2920 and 1.2860

stoch and cci indicator are over bought area in h1 time frame and in the chart we can see the price is 1.3055 is a resistance. this resistance may be not break and price will again move to down side. we can short this pair if price is close below the 1.3020 and can hold to the support at 1.2950