EUR/AUD : Critical Point 1.2844

Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

Trouble Ticket Forum Policy

Return to Index

TFC Commodity Trading Forum

Hong Kong Qindex 08:20 GMT January 9, 2011
EUR/AUD : Critical Point 1.2844 : Reply
EURAUD
Entry: Target: Stop:

EUR/AUD : Critical Point 1.2844

As shown in the monthly cycle directional indicator the market is under pressure when it is below the weekly cycle pivot center at 1.2844. Last week the market hit the low and high at 1.2940 and 1.3322 respectively and it closed at 1.2971. The monthly cycle projected series indicates that the market is heading towards the lower barrier at 1.2618 // 1.2715.

EUR/AUD : Monthly Cycle Charts
http://www.qindex.com/eur-aud.html

EUR/AUD : Monthly Cycle Charts

Trouble Ticket Forum Policy

Return to Index