Subscribebuy eur/aud at the level 1.3020 with targets at 1.3070 and 1.3120, but in case of breaking the level 1.3000, then sell below this level with targets at 1.2920 and 1.2860
Thread: Eur/Aud
buy eur/aud at the level 1.3020 with targets at 1.3070 and 1.3120, but in case of breaking the level 1.3000, then sell below this level with targets at 1.2920 and 1.2860
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Eur/aud analysis for 02.11.2013 by using : pivot indicator.
r3: 1.3148
r2: 1.3102
r1: 1.3029
pivot: 1.2983
s1: 1.2910
s2: 1.2864
s3: 1.2791
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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.
on short-term charts pair decreases and the last day struck the local support and the bottom has formed Narrows formation, pinned down, so it is logical that the pair will fall to 1.2900 figure .. as well and indicators signal a possible fall is at the bottom and has not yet seen that unfolded .../
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Resistance 3.............1.3245
Resistance 2.............1.3169
Resistance 1.............1.3122
Pivot.......................1.3046
Support 1...................1.297
Support 2.................1.2923
Support 3.................1.2847
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On the euro - the Australian dollar, the daily timeframe, there is a hidden bearish divergentsyya which is already in mining. The first objective of this divergence 1.2790 (which is about 170 pp), but still get too big .. so the refrain, but the script as a whole is not bad)//
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elliott correction zigzag 1.2810 current fall is near an end of wave around 1.2838 zone a rally should then procede to above 1.2924 fall below 1.2795 would cancel this scenario
technical points
key point 1.2873 - entry point 1.2890 - elliott 1.2960 - closing 1.2880 - projection 1.2810 - trend line 1.2924
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EURAUD This pair is trading at 1.29 52/54 (-0.58%), the exponential moving average period 5 is at 1.3115 giving the indication of a Buy situation. The exponential moving average period 20 is at 1.3113 telling us that it is a Buy signal. The ADX is indicating that the trend is Neutral. The main pivot point is at 1.3021. Price has been trading between High 1.3054 Low 1.2933.
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the pair is rejected from the resistance at 1.3060 and now moving down side but it is also reached to the support level. this will try to break this support and move more down side. if the support is break then it will try to hit the next support at 1.2910
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Eur/aud analysis for 02.08.2013 by using : pivot indicator.
r3: 1.3344
r2: 1.3257
r1: 1.3147
pivot : 1.3060
s1: 1.2950
s2: 1.2863
s3: 1.2753
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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