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The pair EUR / AUD today there was a decline and the pair broke the resistance level of 1.5278 low and now the pair is trading below this level, and Stochastic on the hourly chart indicates the reduction, and I think that the pair will continue to go down to support level 1.5190 and the price below.
pair- eur/aud
chart analysis time frame- m30
the price movement is in the down trend side but the macd indicator is at the zero level. the parabolic sar is also giving up movement signal but having the resistance at the 1.5300 level. if this resistance break then long with profit target at 1.5355
good luck.
analysis for today 3 / 19 / 2014
EUR/AUD
Resistance 3 1,5379
Resistance 2 1,5349
Resistance 1 1,5329
Pivot Point 1,5272
Support 1 1,5207
Support 2 1,5187
Support 3 1,5157
BUY STOP 1,5329 STOP LOSS 1,5207 TAKE PROFIT 1,5349
SELL STOP 1,5207 STOP LOSS 1,5329 TAKE PROFIT 1,5187
Trade forex pivot point calculations based on today's.
Pair = EURAUD
Date = Wednesday, 03.19.2014
Pivot point Result
Resistance 3 = 1.5511
Resistance 2 = 1.5440
Resistance 1 = 1.5354
Pivot point = 1.5283
Support 1 = 1.5197
Support 2 = 1.5126
Support 3 = 1.5040
Market price prediction
if buy at = 1.5212
take profit = 1.5425
stop loss = 1.5141
is sell at = 1.5369
take profit = 1.5111
stop loss = 1.5455
Forex Trading Today
Pair = EURAUD
Date = Thursday, 03.20.2014
Fibonacci Pivot point Result
Resistance 3 = 1.5372
Resistance 2 = 1.5344
Resistance 1 = 1.5327
Pivot point = 1.5299
Support 1 = 1.5271
Support 2 = 1.5254
Support 3 = 1.5226
Market price prediction basaed on the calculation of fibonacci pivot point
buy entry = 1.5282 ,take profit = 1.5355 ,stop loss = 1.5265
sell entry = 1.5316 ,take profit = 1.5243 ,stop loss = 1.5333
analysis for today 3 / 20 / 2014
EUR/AUD
Resistance : R1 1.5371 R2 1.5396 R3 1.5416 R4 1.5446
Support : S1 1.5287 S2 1.5262 S3 1.5242 S4 1.5212
Open : 1.5302
High : 1.5362
Low : 1.5296
Range : 66 Pips
Running Price : 1.5339
Strategy : BUY at the level 1.5339 stop loss at the level 1.5287 target take profit at the level 1.5416 or at the level 1.5446
If we look the previous candle on H4 time frame, we can see that EURAUD has broken the resistance level at 1.5316. So, I think EURAUD will has a possibility to continue going up now and I expect this pair will reach the next resistance level at around 1.5393.
currency pair EUR / AUD on yesterday's trading session saw an increase and the pair broke the resistance level of 1.5282 low, and now the pair is trading above this level and the movement of the indicator macd pair may continue to rise and rise to the level of resistance in the price 1.5364.
Trade forex pivot point calculations based on today's.
Pair = EURAUD
Date = Thursday, March.20.2014
Pivot point Result
Resistance 3 = 1.5436
Resistance 2 = 1.5383
Resistance 1 = 1.5355
Pivot point = 1.5302
Support 1 = 1.5274
Support 2 = 1.5221
Support 3 = 1.5193
Market price prediction
if buy at = 1.5249
take profit = 1.5408
stop loss = 1.5196
is sell at = 1.5330
take profit = 1.5246
stop loss = 1.5358
pair- eur/aud
chart analysis time frame- m30
http://i61.tinypic.com/35mefpg.jpg
the up movement of the price is not able to breakout the resistance 1.5370 and falling down side with breaking the fibo support at 61.8 also. this down movement can see to the lower support 1.5214 level. hold the short trade with stop loss at 1.5315
good luck.