Traders favoring a rise in EUR/AUD continue to stand strong, with opportunities for additional gains. The market suggests that there is still room for further upward movement. Buy: 1.6680 TP: 1.6750 SL: 1.6600 "Simple doesn't mean not profitable" Stay focused my friend. We recommend that you keep this pair on your watchlist and enter when the entry criteria of...
Insight ------------------------------------------ - H&S - Below TC Swoosh Line - Below strong VWAP - Rising Gas + oil to follow - Rising 10Y yield
EURAUD is bullish on H1, H4, Daily, and Monthly charts. We have a bullish butterfly formation but remember to look into the fundamentals for better decision on your entry choice. Fundamentals to consider on EURO include; Services PMI and Composite PMI for Eurozone, Italy, France and Germany. Also Eurozone Retail Sales. Fundamentals to consider on AUD include:...
After a somewhat neutral EU CPI and German Unemployment Rate, a better than expected US CB Indicator could mean a short-term correction downwards. Wait for price to near M5 100-p SMA and M15 200-p SMA, place a short order accordingly. (check the chart for more help) Stochastic is showing no divergences except M30 Stochastic bullish divergence signalling a very...