It is worth noting that Senkou Span A and Senkou Span B are diverging indicating a thicker future Kumo could potentially form providing much more significant support by the Kumo which could oppose the downward movement. Senkou Span B remains flat indicating significant support at this price level.
EURAUD has broken the 1.2422 resistance level, then before it we can see that EURAUD also has formed a double bottom chart pattern. So, in my view, EURAUD has an opportunity to go up and reach the next resistance level at around 1.2506 or maybe higher.
once in the prediction of several indicators for the technical analysis of currency pairs EURAUD on the market today are at the 1.6138 support level then I recommend you to do the open position BUY with some criteria such as the following. You put a take profit positions at 1.6223 You put a stop loss positions at 1.6136 that's indicator Bollinger Bands is trend down and signal Parabollic Sar is BULLISH TREND
The following resistance and supporting level of this pairs is as below :
The First Resistance -- 1.6208
Second Resistance -- 1.6220
Third Resistance -- 1.6233
The First Support -- 1.6138
Second Support -- 1.6125
Third Support -- 1.6113
my analysis unable to control the forex market movement. you can follow my signal , but you should put stoploss to limit the risk. please.. share your analysis, so we can discuss in this forum to maximize our profit
Eur cad bhe ak acha pair hai us pr aj kal kafi log bhe work kar ka acha profit bhe kama rhai hai us leay hum cheya ka kese bhe pair pr work start karna say phely us ka bara ma information hasil kr ka phir trade karne cheya
the pair and as we can see from the chart is trading now above the level of 1.3700 , so when ever the pair success in breaking 1.3700 , that's mean the down trend will be assured and the pair might head to 1.3670 and then 1.3640
The euro has managed to put together a few positive trading days and over the next couple of days, we will see if this rally can continue. Tonight's chart is on the EUR/AUD. The four hour chart shows a double bottom that helped the EUR/AUD rally since retesting the lows of the 1.2900 area.