EURAUD sideways movement
Momentum and trend is sideways.
On the Daily Time frame
- Moving averages sideways
- Upperside of range is 1.6558 and bottom side of range is 1.6111
- Centre line at 1.6340
- MACD is above zero line but in red. Slight downside pressure.
On the H4 chart
- Price within a triangle.
- Currently looking to test the upper side of the triangle. Possible upside at 1.6475
- MACD is in green and rising but still below the zero line.
Conclusion
- Apply range trading strategies.
--------------------------------------------------------------------------------------------------------
Download my Forexachievers Signals App from the Apple store here: apps.apple.com/sg/app/forexachievers-signals/id1312396005
Download my Forexachievers Signals App from the Google App store here: play.google.com/store/apps/details?id=com.forexachievers.signals
Cheers!
Ardy
Founder /Chief Currency Strategist
forexachievers.com
--------------------------------------------------------------------------------------------------------
On the Daily Time frame
- Moving averages sideways
- Upperside of range is 1.6558 and bottom side of range is 1.6111
- Centre line at 1.6340
- MACD is above zero line but in red. Slight downside pressure.
On the H4 chart
- Price within a triangle.
- Currently looking to test the upper side of the triangle. Possible upside at 1.6475
- MACD is in green and rising but still below the zero line.
Conclusion
- Apply range trading strategies.
--------------------------------------------------------------------------------------------------------
Download my Forexachievers Signals App from the Apple store here: apps.apple.com/sg/app/forexachievers-signals/id1312396005
Download my Forexachievers Signals App from the Google App store here: play.google.com/store/apps/details?id=com.forexachievers.signals
Cheers!
Ardy
Founder /Chief Currency Strategist
forexachievers.com
--------------------------------------------------------------------------------------------------------
Home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Home of the TMG Titan traders who uses TMG Titans Pro Tools developed by Ardy.
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
TMG Pro Tools (MT4) includes: TMG Grid Master Pro, Titan Ranger, Grid Calculator, Titan Timer and TMG Livewire Pro
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.