Price is up against some heavy resistance @1.63 and we can also see that Bearish momentum is increasing so I guess we will see a further decline in Price in the next few days. Crucial is a break of the trend line on the other hand if there is a break of the counter trend line I will close the trade manually. I hope my on screen analysis is clear but if not feel...
Upper bolling band is touching the candles which is shows us a over bought situation and Stoch also shows the same, Which is caused for a bearish movement.
TP's and SL is up to you.
Note: Trade at your own risk & fundamentals are not involved.
Like and Comment us. Share your ideas.
EURAUD reversed off its resistance at 1.63682 where it could potentially drop further to 1.62797.
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL...
EURAUD bounced off 1.62857 where it could potentially rise further to 1.63421.
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone...
EURAUD bounced off 1.61325 where it could potentially rise further to 1.62231.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
After the head and shoulder formation which lead to an aggressive bullish drive to 1.63000 momentum has changed and 1.63000 price mark seems unbreakable after a triple top. Market tried to test again but rejected resulting in an engulfing hammer, the bears are fully in play with targets at 1.61000.
Recently i and my team was on the bulls but they failed, got stopped out in profit, price action shows extreme weakness in EURO Economy, this should be a swing trade, hold tight bag safely and share profits if you can..issa lit month
I can't see any potential on the EUR/AUD at the moment as there is a strong uptrend on the weekly. ill be looking to either see a break of this trend and wait for the market to find resistance before considering a short. As for long positions I can't see anything at the moment. I would wait for a clear break of the previous resistance before considering a long,...
Recently dropped this signal for my team, entry was 1.60500, we are currently running in profit and trade is risk free, analysis well illustrated plug in if you can, use link in bio for more free signals... bag safely.