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Pair : EURAUD
Updated : Sun, Mar 17 06:43
Price : 1.2559
Movement : 37.9 Pips
Movement : 0.30%
Support : 1.2456
Pivot : 1.2565
Resistance : 1.2674
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any one give good solution on this question
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.
Just went to the northern end of the correctional stage and the pair began again to resume fighting off the southern trend of moving an alligator, a 4 hour chart was bearish engulfing formation, stochastics gave a sell signal, the bears seem to have decided to once again test the strength of support for 2485 - and it will be a while the main purpose.
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Pair : EURAUD
Updated : Fri, Mar 15 20:36
Price : 1.2607
Movement : 85.2 Pips
Movement : 0.68%
Support : 1.2404
Pivot : 1.2528
Resistance : 1.2653
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Eur/aud analysis for 03.15.2013 by using pivot indicator.
r3: 1.2717
r2: 1.2658
r1: 1.2593
pivot: 1.2534
s1: 1.2469
s2: 1.2410
s3: 1.2345
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Pivot levels
R3: 1.2708
R2: 1.2651
R1: 1.2584
PP: 1.2526
S1: 1.2460
S2: 1.2401
S3: 1.2334
Comment: the price breaks the down trend @ 1H time frame.
Forecast: the price will rise to meet the down trend @ 4H time frame @ 1.2680
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In the m30 time frame the price is moving in the over bought area. but in the chart it is also break resistance at 1.2600. we can long this pair with the target next resistance at the 1.2650 with the stop loss at 1.2530
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INTRADAY TRADING SIGNAL
EURAUD M30
I expect the price will go up to the take profit level at 1.2366.
Reason to this is simply because there's an upward breakout from the resistance level at 1.2318.
Always use trailing to secure your positive pips!..Thank you.
---------- Post added at 10:36 AM ---------- Previous post was at 09:53 AM ----------
well, good thread...in the H4 time fram the price is break the strong support at 1.2675 and now moving the down side. the price is now oversold with stoch and cci indicator. so it may be make some retracement. we can short this pair with the target next support at 1.2590.
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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