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This down trends reaction also split through powerful support at 1.3300 (the couple has formerly made several failed efforts to break below this stage).
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I think one of the wildest currency pairs in trading forex is EURO/AUD, because of this currency pair price sometimes falls for more than 200 pips. Sometimes the price rises for more than 300 pips. Guys......I need your help, who knows the trading strategy for this currency pair ?? Thank you !
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.
I wanted to share a little about my daily life in the trade, this time about the pair Eur/Aud.
I Buy Stop 1.2239
by SL: 1.2200
do not forget to take profit at s2
Info:
Support 1: 1.2291
Support 2: 1.2258
Support 3: 1.2233
pivot: 1.2316
Resistant 1: 1.2349
Resistant 2: 1.2374
Resistant 3: 1.2407
All analyzes were performed using the indicator I Stochastik, indicators that make me proper analysis.
Analysis for today's 02-Apr-2013
#Happy trading
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.
Yesterday, the pair formed on the MACD divergence and the couple retreated to a level of 23% Fibonacci retracement of the recent downtrend. Today the couple once again fighting off the daily level of + 23% of the price of 1.2278 Fib. Today, we recommend buying after the formation of topping formations on the level of 1.2278, to 38% Fibonacci level and below yesterday's high census. If the pair breaks the falling level of 23% Fibonacci retest recommends sale with a stop above the level of the census and to a minimum.
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.
Eur/aud analysis for 04.02.2013 by using pivot indicator.
r3: 1.2417
r2: 1.2384
r1: 1.2357
pivot: 1.2324
s1: 1.2297
s2: 1.2264
s3: 1.2237
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.
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.
elliott zigzag or flat correction 1.2391 currently up trend should end around 1.2336 - 1.2353 arrea
acorrection down to below 1.2294 is expected a rise above 1.2378 will abort the expected correction
support and resistances
res2 1.2378
res1 1.2353
pivot 1.2319
sup1 1.2294
sup2 1.2260
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.
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.
A few days ago a couple of still broke through the upper zone of fractals (resistance 2325) and then went back and tested this level but as a support (mirror layer), decided to start buying because there has been a new medium wave northern + resistance opened 2400 figure.
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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