maccabean
Short

Strong Sell on EUR/AUD. Please see description for explanation.

FX:EURAUD   Euro Fx/Australian Dollar
243 3 5
1. MACD is showing downwards momentum increasing and decreasing upwards momentum. Histogram showing move into bearish territory.
2. CCI is showing price moving into sell signal with conviction.
3. Bollinger band is tight showing break down or up possible in the near future.
4. End of head and shoulders pattern.
5. 20 day Moving Average starting to fall with price moving below the line. Potentially the start of trend downwards.
6. Australian dollar             benefiting from capital flight from China and comparatively higher interest rates. Risk appetite increasing as well.
4/7
Reply
Any input on targets and stops? Thank you
Reply
maccabean JoeAnshel
I believe there will be a correction, psychologically and technicall at about 1.5.
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
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
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out