http://www10.0zz0.com/2014/10/27/23/924523427.png
cci(14) : -82.694
bulls (13) : -0.002
i see the in pair down trend
so i will sell from : 1.4432
and my target today is : 1.4232
good luck
Printable View
http://www10.0zz0.com/2014/10/27/23/924523427.png
cci(14) : -82.694
bulls (13) : -0.002
i see the in pair down trend
so i will sell from : 1.4432
and my target today is : 1.4232
good luck
On the EURAUD chart for today the price appears to move in upward trend as a blue dots appear below the bars and as the price still higher than the strong resistance of 1.4302 which is also the weekly pivot point and it is likely for the price to keep going north unless it hit the weekly pivot resistance at 1.4543 On the other hand if the price breaks the 1.4302 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 1.4209 support as the next weekly pivot level.
http://bigimage.cz/photos/20010109979000283112081.gif .
On the chart of the USDCHF there is a main down trend signal as the 2 EMA 5 and 6 are moving below the slow EMA of 35 and if the other indicators confirm a bearish direction then i will go for sell positions.
For the Parabolic sar indicator there a dot below the candles that indicates a upward direction in addition to that we can see a sell signal on the MACD indicator that is moving below the level 0 beside that the CCI line is located at the lower level to perform a downward signal.
As a conclusion and according to the EMA locations sell positions are my choice for today unless the price shows an opposite bullish signals.
http://bigimage.cz/photos/20010109979026965173192.gif .
The red signal shown by the super trend indicator proves that a bearish trend would be taking place today on the EURAUD chart and thus giving us a vague idea of where the price would be heading.
As you can see the Nolog dot indicator is forming red colored dots meaning that sell trades would be taking place soon.
From the signals we deduce that sell trades would be great idea at the moment due to the bearish trend taking place which is a strong one but that can only happen if the signals remain the same.
On the other hand the bearish trend has to stop some time and that can be determined and that can be determined if the super trend’s indicator color changes to green or of course if the price hit the resistance 1.4415 Whatever the method any of them would be acting as a great stop loss area indicator.
http://bigimage.cz/photos/20010109979027376221137.gif .
for the EURAUD pair the price now upper than the EMA line of 15.
Which can be a good sign for bullish trend for the current day.
The power line indicator is now below the 50 th level which can be an indication for a good downward direction of the signal.
At last one thing can be added is the power momentum indicator that shows a low power of the bullish trend and that can be used as a filter to filter the entry of buy positions.
http://bigimage.cz/photos/20010109979030521182255.gif .
As you can see on the EURAUD chart in front of us the blue line’s position in the moment indicator is below the red line which means a good selling signal should be occurring also the red color shown in the oracle strength indicator means that a downwards direction signal is going to take place.
The oracle direction indicator could serve as a filtering tool with the red colors shown on the arrows meaning that a downward signal would be taking place in short term trades.
Summing all that up in my opinion I do think that the trend would be taking a downward direction but that can only happen if the moment sell cross was taking place on the chart And as long as the ATR indicator keeps showing selling signals then without doubt the sell trades would be a better choice for entry.
http://bigimage.cz/photos/20010109979031989965172.gif .
On the stostatic there is a EURAUD Chart there is a down channel so it is expected from the price to keep moving down When the price touchs the lower edge of donchain channel it is considered as a signal of going up By checking the awesome oscillator there is a red bar below the level of 0 which indicates a sell signal for the current time On the stostatic there is a bearish signal by having a sell cross and the lines approachs the 20 th level From prvious data bullish is most likely to happen then you can target high level of the donchain channel and if you wait to get a confirmation from the awesome oscillator that can raise the chance for good buy trades http://bigimage.cz/photos/20010109979032432153891.gif
On the EURAUD hourly chart we can see that a strong bearish trend is happening as the Blade oscillator is now at the 0.002 area below the level of balance and also the indicator is colored in red that is a strong indication of bearish direction on the short term. Another sell signal is shown on the moving average indicator as it is heading downward to let me think that the last top performed at 1.4399 could be a good place to set any sell position's stop loss level at. http://bigimage.cz/photos/20010109979033540331784.gif
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analysis for today 10 / 28 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle EURAUD on the date 10 / 27 / 2014
OPEN 1.4413
HIGH 1.4453
LOW 1.4388
CLOSED 1.4430
The third resistance (R3) 1.4453 -( 1.4424 - 1.4388 = 0.0036 x 2 = 0.0071 )= 1.4524
The second Resistance (R2) 1.4424 + 1.4453 - 1.4388 = 1.4489
First resistance (R1) 1.4424 x 2 = 2.8847 - 1.4388 = 1.4459
pivot points 1.4453 + 1.4388 + 1.4430 = 4.3271 / 3 = 1.4424
Support for the first (S1) 1.4424 x 2 = 2.8847 - 1.4453 = 1.4394
Support second (S2) 1.4424 -( 1.4453 - 1.4388 = 0.0065 ) = 1.4359
Third Support (S3) 1.4388 -( 1.4453 - 1.4424 = 0.0029 x 2 = 0.0059 )= 1.4329
There is a strong support level at 1.4368, that's why I think that we should look only for long opportunities in the current time.
http://i.imgur.com/IuOutX6.png