» EUR AUD

1,6284. EUR AUD broke 1,6100 resistance. EUR AUD is in a consolidation after the last bullish movement. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR AUD. The price should find a resistance below 1,6400. The consolidation should continue. If the resistance is broken then the target will be 1,6500.

1,6055. There is an horizontal range between 1,6000 and 1,6080. Support and resistance are given by Bollinger bands. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,6032. EUR AUD is in a range between 1,6000 and 1,6100. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,6045. There is an horizontal range between 1,6000 and 1,6090. Support and resistance are given by Bollinger bands. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,6041. There is an horizontal range between 1,6000 and 1,6090. Support and resistance are given by Bollinger bands. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,6057. EUR AUD is in a range between 1,5950 and 1,6130. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. Oscillators are neutral. The price should continue to move in Bollinger bands. We won’t take a position.

1,6018. EUR AUD is in a range between 1,5950 and 1,6130. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is low. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands.

1,6036. EUR AUD is in a range between 1,5950 and 1,6130. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility decreases. Bollinger bands are tightened. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in 1,5950 / 1,6130 range. We won’t take a position.

1,6033. EUR AUD moves without trend and swings around exponential moving averages (EMA 50 and 100). The volatility is high. Bollinger bands are flat. ForexTrend 4H (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won’t take a position. The risk/reward ratio is too high to take a position..

1,5974. EUR AUD broke 1,6000 support. EUR AUD is in an downtrend directed by 4H exponential moving averages. The volatility is high. Bollinger bands are parallel and form the trend. ForexTrend 1H, 4H (Mataf Trend Indicator) is in a bearish configuration. The downtrend should continue to gather momentum. The target is expected at 1,5800 (170 pips). The price should find a support above 1,5900.