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Thread: Eur/Aud

  1. #5229
    Senior Member wench is on a distinguished road wench's Avatar
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    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 1.4209 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 1.4424 On the other hand if the price breaks the 1.4209 support and also get a bearish signals by a red colored dots it is expected to keep going south till the 1.4107 support as the next weekly pivot level.
    .

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  2. #5228
    Senior Member nininini is an unknown quantity at this point nininini's Avatar
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    On the EURAUD 1H chart there is a bearish channel also we can see the red color of the Moving average that means that the price is heading down for now.
    For today the market has opened at a lower values than the daily pivot point at 1.4299 and it seems that the price may continue going down till it would reach the first daily pivot support at 1.4278 unless the WPR indicator shows an opposite upward signal.
    When we reach our target we can keep selling till the next support that located at 1.4256 that is a very strong support to reach before the day's end .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #5227
    Senior Member hmmo is on a distinguished road hmmo's Avatar
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    the EURAUD chart shows that the price currently is moving below the MBFX indicator's grey line and it is a resistance area. On looking at the last signal on vestro indicator there is a bullish saturation signal by going towards +100 level that may be a good indication to go north for now When you want to enter short so you can target the next level of support of the MBFX indicator at 1.4278 as first take profit and 1.4252 as your final target. All of this means that in case of the price didn't reach 1.432 and it can be used as stoploss for your sell trades.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #5226
    Banned samoo is on a distinguished road samoo's Avatar
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    As you can see on the EURAUD pair there are a bullish intersection between EMA 9 and EMA 152 which can be a good signal for a starting of bullish trend.
    About the Histogram indicator there is a buy signal shown on it by getting the green line which is come above the 0 level of Histogram.
    Now checking the market emotions indicator can indicate a bearish signal by showing the red color which mean that the price have a negative emotions at this moment.
    The line of Guru Angel indicator is clearly moving below the level 0 to show a green line which can be considered as a support for the bullish direction.
    Going north is my favorite guess for the current day to reach the next resistance above the price which can be found at 1.4361 then according to that buy orders is now recommended over selling as long as there is no opposite signals is shown

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #5225
    Senior Member hatrik is on a distinguished road hatrik's Avatar
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    As you can see on the EURAUD chart in front of us the blue lines position in the moment indicator is below the red line which means a good selling signal should be occurring .
    Also the yellow color shown in the oracle strength indicator means that a upwards direction signal is going to take place.
    The oracle direction indicator could serve as a filtering tool with the blue colors shown on the arrows meaning that a upward 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.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #5224
    Senior Member ali90 is on a distinguished road ali90's Avatar
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    While analyzing the EURAUD there is upward trend due to the chart as it shown up arrow and a blue candles at Henikien Ashi indicator.
    In mean while the T3_clean indicator make an intersection with Snake indicator to form a buy signal on the short term.
    At last the Trend session indicator shows a blue signal which means that there is a strong possibility of up trend for now.
    By previous givens I think that choosing buy trades is the best choice for current situation targeting the area of the resistance level which you can see at the price 1.4315 which the take profit level can be set at as it can really effect the contentious of buy trades.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  7. #5223
    Senior Member clark is on a distinguished road clark's Avatar
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    On the EURAUD chart we can see that the prices are currently lower than that 15 EMA line which could act greatly as a bearish trend sign for the day.
    A good upward direction signal is indicated by the power line indicator which is above the 50 level now.
    Also a high power of the bearish trend is shown by the power momentum indicator which is really important as it can be used to filter the sell position's entry .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  8. #5222
    Senior Member ramadanyu is an unknown quantity at this point ramadanyu's Avatar
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    A Green color is the current color of the Moving Average indicator which changed on par with the the candles which changed to green too giving us a good sign that a bullish trend is currently being formed.
    The signal shown now by the BB MACD is showing us the strength of the bullish trend till this moment which appears clearly by the green dots located above the level of zero.
    I decided to take the bullish trend and start preparing for buy orders if any chance popped up while taking the price 1.4315 as it a strong resistance as a take profit as the price will surely hit it as long as the price remains above the support located at the price 1.4285 .

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  9. #5221
    Banned halloiasan is on a distinguished road halloiasan's Avatar
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    The price hits the upper level of donchin channel on the EURAUD chart to perform a probably of bearish trend start by today.
    As you can see the price is actually moving at bullish trend because of the up channel for today About the Awesome oscillator there are a bullish sign by having a green colored bars located above the 0 th level.
    A quick look to the stostatic can inform you by a buy signal as the price near the level of 20 and there is a bullish cross between the two lines As a result of the previous signals.
    I can bet on the bullish side by taking a buy trades wishing that the price reach the high edge of Donchin level which can be used as a good area for closing buy trades in profit.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #5220
    Senior Member ANDRIAS will become famous soon enough ANDRIAS's Avatar
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    http://prntscr.com/57j4t9
    analysis for today 11 / 18 / 2014
    Below is the formula to determine the pivot point, support and resistance.
    Information candle EURAUD on the date 11 / 17 / 2014
    OPEN 1.4281
    HIGH 1.4350
    LOW 1.4276
    CLOSED 1.4298

    The third resistance (R3) 1.4350 -( 1.4308 - 1.4276 = 0.0032 x 2 = 0.0064 )= 1.4414
    The second Resistance (R2) 1.4308 + 1.4350 - 1.4276 = 1.4382
    First resistance (R1) 1.4308 x 2 = 2.8616 - 1.4276 = 1.4340
    pivot points 1.4350 + 1.4276 + 1.4298 = 4.2924 / 3 = 1.4308
    Support for the first (S1) 1.4308 x 2 = 2.8616 - 1.4350 = 1.4266
    Support second (S2) 1.4308 -( 1.4350 - 1.4276 = 0.0074 ) = 1.4234
    Third Support (S3) 1.4276 -( 1.4350 - 1.4308 = 0.0042 x 2 = 0.0084 )= 1.4192

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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