Subscribethe chart is showing that he pair has succeeded in breaking the level of 1.4000 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.4100 and then 1.4130
Thread: Eur/Aud
the chart is showing that he pair has succeeded in breaking the level of 1.4000 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 1.4100 and then 1.4130
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.4200 , so , that's mean the down trend is still standing and the pair is heading to 1.4100 then 1.4000
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as what i can see in the 1h shart the pair have return to bulish after break the 1.3950 the macd is abouve tye 0 the rsi abouve the 50
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for this pair as we can see the weekly chart show that the last week candle formed bullish candle and now trading over ema50 line . i guess that the price will test the nearest resistant level at 1.4200
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.3900 , so , that's mean the down trend is still standing and the pair is heading to 1.3835 then 1.3800
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If a M15 close above 1.3800 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3600 sell only and do not buy. If price closes back above it again do nothing
The range 1.3800 and 1.3600 is neutral area, any trade done in between is personal decision and not part of this analysis
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the pair and as we can see from the chart has closed it's daily candle under the level of 1.3800 , so , that's mean the down trend is still standing and the pair is heading to 1.3770 then 1.3740
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If a M15 close above 1.3700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 1.3600 sell only and do not buy. If price closes back above it again do nothing
The range 1.3700 and 1.3600 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
break of 1.3269 support is needed to indicate completion of rise form 1.3022. Or, we'll stay mildly near term bullish in the cross even in case of retreat.
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Currently scalping long positions on the EURAUD pair as cited in yesterday's premier of Scalping the Waves report. I will be flat during today's FOMC announcement.
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