EUR/AUD : Critical Point 1.2908 *LINK*

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.

Forum Policy

Return to Index

TFC Commodity Trading Forum

Melbourne Qindex 07:50 GMT January 1, 2012 - My Profile
EUR/AUD : Critical Point 1.2908 : Reply
EURAUD
Entry: Target: Stop:

EUR/AUD : Critical Point 1.2908

The bias is on the downside when the market is trading below the critical level at 1.2783 // 1.2908*. The weekly cycle pivot centres are located at 1.2511 - 1.2714 - 1.2813. The monthly cycle directional indicator suggests that speculative selling pressure will increase when the market downward trending momentum is strong enough to penetrate through [1.2479]. The medium term downside targeting point is 1.2044.

Qindex.com

http://www.youtube.com/watch?v=dZEGYpXE5B4

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

EUR/AUD : Monthly Cycle Charts

Forum Policy

Return to Index