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| Free Trading Signals & Strategies |
RECOMMENDATION : SELL
TARGET 1.3600
EUR/AUD ( HOURLY)
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| $EURUSD CHARTS |
SUMMARY:
The primary trend of EUR/AUD is bearish. In its hourly chart, prices are consolidating with a strong negative bias, indicating the downside movement in the prices. 30 DMA & 200 DMA are also providing resistance to the prices & supporting the further downtrend. If it breaks the level of 1.3730 & sustains below it we can expect it to come down to the levels of 1.3660/1.3600 in next few days.
INDICATORS:
RSI is sustaining near in selling territory, supporting the upcoming down trend in the pair.
In MACD
Prices are sustaining below the zero line ,supporting the down side movement in the market
STRATEGY:
EUR/AUD is looking bearish on charts for next few session. One can go for sell on higher level strategy for this pair for intra day to mid term positions.
AUD/CAD (4 HOURLY )
RECOMMENDATION : BUY
TARGET 0.9945
SUMMARY:
The major trend of AUD/CAD is bearish but from past few weeks prices are not sustaining at lower levels & consolidating near the important level of 0.9810. Prices are taking resistance of falling trendline & consolidating with strong positive bias. If the pair breaks the important level of 0.9810 at upside then we can expect it to test the level of 0.9880/0.9945.
INDICATORS:
RSI is sustaining in buying territory supporting the upcoming bullish trend in the pair. MACD is also sustaining above the zero line,indicating the up trend in the market.
STRATEGY:
AUD/CAD has bounced back from the lower level & looking bullish on charts for next few session. One can go for buy on dips strategy for this pair for intra day to mid term positions.
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