Thread: Eur/Aud
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eur/aud technical analysis by using : adx
adx : 30.8893
+di : 8.0632
-di : 23.7387
timeframe : 1 hour
date : 22.01.2013
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sell eur/aud at the level 1.2635 with targets at 1.2545 and 1.2520, but in case of breaking the level 1.2656, then buy at this level with targets at 1.2698 and 1.2723
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Daily analysis for EUR Australian The pair has now fallen a considerable drop and is now standing at the strong support at 1.2580 expect possible bounce from here, but in the case of breakage expect fall to 1.2550 and the rise
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EURAUD is now trying to break the support level 1.2644, if the level is broken, then the pair may go down towards 1.2623 or lower. But if it fails to break the level, the pair will likely go back to its daily pivot level 1.2665 and may continue rise towards 1.2686
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Analysis result EUR AUD 22-01-2013
UP TREND ( STRONG )
Signal 20 pips : BUY @ 1.2686 Set S/L @ 1.2656 Set TP @ 1.2706
Signal Breakout : BUY @ 1.2706 Set S/L @ 1.2676 Set TP @ 1.2727
Reversal Prediction HIGH : 1.2732
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.
Consolidation pattern from 1.2823 might still extend and below 1.2559 will flip bias back to the downside for 1.2355 support and below. Nonetheless, an eventual upside breakout is anticipated and above 1.2823 will extend whole rally from 1.1602 and target 1.3028.
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Couple almost worked northern signal broke and now does support 2760, the bears seem to have intensified again, if the couple will be able to be fixed below this point then the goal may simply be to support in 2572, and a 4 hour chart is currently working off the southern divergence MASD /.
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long positions at 1.5650 with 1.5680 and 1.5695 as next targets
ht breakout of 1.5610 will call fro arebound towards 1.5580
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