Printable View
http://i49.tinypic.com/wtfxq0.gif
The price is still in consolidation stage. With this look , Its better to keep away from the pair until we get a confirm set up for the upcoming big move. The pair is in oversold area so this may great probability to pullback the bulls first.
mjy is ka trend uper ko jaty howay lag raha hai q k ya kafi nechy tk giri hai. ab is k amkanat uper ko he hain.
ya 1.2260 sa 1.2360 tk to lazmi he jay gi shyad is sa uper b ja skti hai.
lakin is k girny k ziyada chance ni hai.
This pair fall off when touched and rejected by the daily pivot (1.2039). EURAUD I think still has the potential to go down to the 1.1950 level.
from the weekly chart we can see that there is a support level @1.1990 so i predict that EURAUD will move upward on the short term and i suggest buying with tp1@23.6%.
http://i46.tinypic.com/o6xiqc.gif
The pair is in nice bearish movement but presently the bulls pullback the price above which is just a bulls correction. So we will wait to complete the correction after that we find to enter short trend as the main trend is down.
The pair managed to break the day before the lower boundary of the triangle, thus issued a bearish market participants need to follow the general trend, I expect to continue falling to the South.
Live Forex Trading
We are here to help you reach financial freedom trading forex. This site has been developed to connect professional traders with those still on journey to profitable trading. We embarked on this journey back at the start of 2010, and after a few years of research and failed trading strategies (and lost money!) we believe we now understand the best way to profit from forex trading.
EUR / AUD has become difficult to predict the direction of the husband as the pair direction is to drop the pair to levels far not received by no longer our support levels or Fibonacci to rely on the only thing we can rely on is the falling trend, especially the falling trend on the frame of the four hours to break this trend is the one who will encourage us to purchase below, we drop in
http://www3.0zz0.com/2012/07/18/13/247505556.png
Yes, sellers pairs EUR / AUD Rose played in earnest .. after the breakdown of the daily minimum vapor coming down very much, now painted at least once, so that if any trade in the short schedule ... then this one can ...
This pair is have high fluctuation but i do not trade with this pair because in this spread is very high in my broker spread of this pair is 6 to 8 pips, but i think this pair will god down ward because i think in the tomorrow good news will come for the Europe.