EUR/AUD

[RVD Support 8]

This Thread is made for the discussion of EUR versus AUD.
You can give here forecasts, explanation about the market And Technical Analysis.

[topman]

EURAUD,H1
Date 2013.06.26
Time 17:00
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Pattern : ABCD Bullish.
Description : From the ABCD Pattern here, i expect price would be continue bullish to test 1.41589 or 1.43722. But, in case it break 1.39442 then will touch 1.38003.

[saiansh23]

yesterday A break below 1.4123 confirm the Top of wave 5th at 1.4413 And now we need a break below 1.3850 to confirm that ongoing decline is corrective should reached atleast 1.3577 where wave 2 would be 38.2% of the move from 1.2200 area to the top of wave Vth and When we do get a break below 1.3850 on daily You can enter short with stop around yesterday low fewpips above at 1.3970 and TP should be 1.3577 where you can take profit check the chart in the meanwhile

A break below the 1.3950 and then 1.3850 will trigger the short entry with stop at 1.3970 and TP should be around 1.3577
Regards


Check the chart

[topman]

There was form a double top on the resistance area (1.40240) to make this pair turns back into bearish trend. And now, we can expect this pair will decline to test support 1.39347. We can trade on that distance between support and resistance, else wait till it breakout 1.40550 for bullish confirmation and 1.39138 for bearish confirmation.

My chart here :

[topman]

The trend tunnel still give a bullish signal and it is potential to reach and challenging 1.42778 or 1.43553. However if the price turns back and defeat the trend tunnel plus barrier 1.40772 then bullish will be collapse there and trend will reverse into strong bearish. So far, bearish power is still weak for pressing the price to the lower stage.

Chart :

[saiansh23]

Here is the weekly UPdate of eur/aud When we break the highs we should know the target of the possible 5th wave
I would expect 38.2% at 1.5480 Minimum target for the wave If we clicked that one right So watch the break of highs
on weekly And step in with tight stops As this pair is under tremendous pressure since last 2 years And now
when it has got the oppotunity Now is ready to explode
Check the chart
REgards

[safeplay]

eur/aud forecast:
current price: 1.4430
this pair is still can go up to 1.4550
buy entry with take profit 1.4545
stop loss : 1.4400
good luck...

[ispgamer]

bullish strongly from upward up kumo cloud which is becoming thicker then makes bullish bars heiken ashi are moving upward but this bullish is becoming not strong enough since decelerating of trend is being made by bending downward chinkou span then now pair is only moving sideway above 1.4240

[ispgamer]

decelerating of bullish which is being made by bending downward chinkou span is not significantly make bearish signal for this pair because until now since tenkan sen and kijun sen are moving upward in one line make strongly bullish signal is happening then bullish bars heiken ashi are still moving upward and successfully reaching above 1.4400