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EUR/AUD
Trading is best for everyone who wants to earn money for their own business. Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading. So trader can trade according the market situation and earn a good profit.
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my analysis base on technical and indicators
Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakout of this resistance level and the pair will continue to go up to the next higher level.
indicators ke hisab se ap log best trading kr sakte hin or good profit.bana sakte hain sab indicator best nh hote or sab wrong bhe nh hote, main kuch best indicator ke hisab se es pair ke Analysis de raha hon.
in my personal view this pair will be continue bullish trend, for intraday trading today. you can take entry BUY Order now, and target take profit around the resistance level,
if market movement as my scenario, you can earn good profit and avoid much loss in your trading
We cannot understand this market operation, so we must learn some basic things about forex trading and after that start practicing demo trading with virtual money so that we calculate some exposure to the real trading market. after we learn the approach to help generate consistent profits on demo accounts, we can move on to trading explicit real accounts.
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Today market trend:sell
Market exchanging sign rely upon a pointers*
Resistance points and Support points of market goes down
The pointers educate us concerning business sector down so do the exchanging Sell and get an enormous benefit
So could the trading in Sell and get a huge profit
Thanks for u.
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Market analisisss..
using multiple time frame analysis will gives you a clearer view of the market and increases chance to making profit. to get consistent profits we must have a good strategy, many of the strategies we use but must match your trading style.
you also need to have emotional control, and good money management.I hope you can earn consistent profit from my signal, good luck
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EUR/AUD
1.6197+0.0070(+0.4340%)
03:22:03(GMT)|Real-Time Data, Quoted in AUD
Open
1.6127
Day's Range
1.6121 - 1.6188
Class
Currencies
Bid/Ask
1.6197/1.6198
Symbol
EURAUD
Subclass / Sector
Minor
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EuR/Aud I think it will continue the bearish movement now but as you suggested that maybe it can retrace to the resistance level and make a retest of that resistance now before continuing the more bearish movement. On the lower side I am expecting the break of this weekly low and further 1.2770 support level retest this week.
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Eur/Aud > BULLISH
PIVOT POINT > 1.6131
S1 > 1.6114
S2 > 1.6104
S3 > 1.6087
R1 > 1.6148
R2 > 1.6158
R3 > 1.6175
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Eur/aud
They can be applied separately to form buy and sell signals, as well as can be used together, in conjunction with the market. However, not all of them are used widely by traders. The following in- dicators mentioned below are of utmost importance for analysts and at least one of them is used by each trader to develop his trading strategy: Moving Average Bollinger Bands Relative Strength Index (RSI) Stochastic Oscillator Moving Average Convergence/Divergence (MACD) RSI-Bars ADX Momentum
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Hello Members
Today pair Eur/Aud
Market trend condition today is Bullish
Supporting 1.6117
Supporting 1.6103
Supporting 1.6089
Resistance 1.6144
Resistance 1.6155
Resistance 1.6178
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EUR/AUD= BEARISH TREND IN H1 TIME FRAME
Resistance 3 =1.6197
Resistance 2 =1.6169
Resistance 1 =1.6153
Pivot point=1.6125
Support 1=1.6008
Support 2=1.6080
Support 3=1.6063