pepy Posted December 12, 2016 Author Share Posted December 12, 2016 Hammer with quite long wick formed and in the early opening the price also closed the gap indicated a strong sentiment for buyer. EURAUD has chance to rise up to 1.4186 and if able to break it then may rise towards 1.4237 as the first resistance, this is by considering that indicators like RSI, Stochastic, and Parabolic SAR give a bullish signal on H4 chart. Quote Link to comment Share on other sites More sharing options...
pepy Posted December 19, 2016 Author Share Posted December 19, 2016 This morning EURAUD based on 1 hour time frame chart is still moving and tend to be flat. But it still looks bullish potential with the formation of bullish engulfing pattern also with RSI(14), Stochastic(5,3,3), MACD(12,26,9) also Parabolic SAR formed bullish signals for this pair. Prices may climb to resistance at 1.4390 and next towards 1.4472. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 5, 2017 Author Share Posted January 5, 2017 Based on 4 hour chart EURAUD looks like it failed to hold above the resistance level at 1.4445 with formation of shooting star which indicated the bearish reversal, consequently prices turned lower and potentially lead back towards the pivot line at 1.4387 with the possibility of continuing to support level at 1.4346 or lower. Quote Link to comment Share on other sites More sharing options...
pepy Posted January 14, 2017 Author Share Posted January 14, 2017 EURAUD on H1 chart seems to be under bearish pressure especially with the price that formed bearish engulfing pattern and failed before to break the pivot line. The current price for this pair now is falling down and seems target the next support at around 1.4145 considering that most indicators are bearish to, leaving only Parabolic SAR which is bullish. Quote Link to comment Share on other sites More sharing options...
pepy Posted February 13, 2017 Author Share Posted February 13, 2017 EURAUD looks failed to maintain its position above the resistance level at around 1.3880. Prices maybe able to fall back once again this time and is expected to lead to the lower level or at around 1.3840 and could continue to below 1.3800 as psychological level. But if the price rises above resistance back then the pair may rise to resistance at 1.3920. Quote Link to comment Share on other sites More sharing options...
pepy Posted June 22, 2017 Author Share Posted June 22, 2017 Bullish sentiment on EURAUD's 1 hour chart is still strong, the price also successfully break the pivot line and closed above, not to mention RSI and Stochastic are both bullish, Parabolic SAR is also bullish leaving MACD with flat movement. So based on that and my analysis for this pair it seems there are bigger chance for this pair to rise towards 1.48232 Quote Link to comment Share on other sites More sharing options...
pepy Posted June 23, 2017 Author Share Posted June 23, 2017 Based on 1 hour chart, I saw oversold state and rejection by 2nd support at 1.4746 . With bullish engulfing pattern formed it seems in future session there will be a reversal. RSI at the moment is rising but Stochastic is falling down. There is a resistance by EMA100 and if EURAUD able to break it then it will landed up to 1.4767 which is pivot line for today. Quote Link to comment Share on other sites More sharing options...
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