FX:EURAUD   Euro Fx/Australian Dollar
41 0 1
This pair in my opinion is in for a lengthy drop. If you look at the arrows on the chart, these are clear opportunities where you could have gotten into the market with no risk. What do all of these opportunities have in common? The 8 and 20 EMA are relative to the 34 EMA . Meaning if both the 8 and 20 EMA are above the 34 EMA , then it is a BULLISH market. If they are below the 34 EMA , it is a BEARISH market. Also notice what MacD is doing aligned with each arrow on the chart. Ironic isn't it? Anyways, taking in all of this information, I have measured out a possible ABCD move. Conveniently it would end right on a major support line. Shorts are favored.
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out