Today(7-1-13 ) pivot point are-
Resistance 3- 1.2577
Resistance 2- 1.2551
Resistance 1- 1.2515
Pivot point- 1.2489
Support 1- 1.2453
Support 2- 1.2427
Support 3- 1.2391
Thread: Eur/Aud
Today(7-1-13 ) pivot point are-
Resistance 3- 1.2577
Resistance 2- 1.2551
Resistance 1- 1.2515
Pivot point- 1.2489
Support 1- 1.2453
Support 2- 1.2427
Support 3- 1.2391
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The EURAUD on still look sideways near thatabove that Low fib (1.2438). I see, make plan to search buy OP with use max. SL bellow the 1.2438 . better idea then.
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Over the last couple of weeks went by reducing ... show direction and now we need to find only the entry point for sales ... in my opinion it may be the resistance levels 1.2520 or above 1.2570 .... 1.2570 sales will no longer be considered .. .
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Spoiler:
On the hourly chart, the price is below the 12 EMA (red) and 72 EMA (blue) indicates the trend is still down
50 RSI is below 50 indicates the trend is still down
Recommendation: SELL
Take profit: 1.2295
SL: 1.2598
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Today(2-1-13 ) pivot point are-
Resistance 3- 1.2807
Resistance 2- 1.2780
Resistance 1- 1.2730
Pivot point- 1.2703
Support 1- 1.2653
Support 2- 1.2626
Support 3- 1.2576
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Given the fact that the pair is in an uptrend is what formed on the hourly chart is very attractive for shopping, the price touched the level of support and immediately began to fight back to the north .... so I think that a very good signal that buyers are still there, and most likely chase price of the top ...
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i am always loving the trend with this pairs so much that every i get in to the market that is what i first trade in the market that way i will keep on trading.
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hi guys i am ilyas from www.4everfx.com, euraud is bearrish
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eur/aud m30 market analysis by adx
adx : 24.6677
+di : 11.1908
-di : 17.2171
date : 31.12.12
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eur/aud technical analysis by using : average directional movement index
adx : 21.5577
+di : 18.9088
-di : 18.0304
timeframe : 1 hour
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