EUR buying and AUD selling(20/10/2014)

EUR buying and AUD selling

It is the start of the week and several trade setups are appearing to keep a look at. General picture is eur buying and aud selling opportunities. These setups involve trades ranging from 70 to 220 pips.

EURUSD(H4) BUY

The Trend/Wave/Extreme mini indicator is showingeur buying and aud selling

  •   The Trend bar is green up filled
  • Wave and Extreme Bars are red filled pointing a down correction that may have finished
  • A 15o pips correction
  • A solid up trend line

EURAUD(H4) BUY

The Trend/Wave/Extreme mini indicator is showing

eur buying and aud selling

  •   The Trend bar is green up filled
  • Wave and Extreme Bars are red filled pointing a down correction that may have finished
  • A 17o pips correction
  • A solid up trend line

EURCAD(H4) BUY

The Trend/Wave/Extreme mini indicator is showingeur buying and aud selling

  • The Trend bar is green up filled
  • Wave and Extreme Bars are red filled pointing a down correction that may have finished
  • A 17o pips correction
  • A solid up trend line

AUDNZD(H4) SELL

The Trend/Wave/Extreme mini indicator is showing

eur buying and aud selling

  •  The Trend bar is red down filled
  • Extreme Bar is Green filled pointing an up correction that may have finished
  • A 100 pips up correction
  • A solid down trend line

USDJPY(H4) SELL

The Trend/Wave/Extreme mini indicator is showing

usdjpy 20141020

  •  The Trend bar is red down filled
  • Extreme Bar is Green filled pointing an up correction that may have finished
  • A 220 pips up correction
  • A solid down trend line

Note:Trend Bar is marginally red so good idea to wait for it to get stronger prior to selling.

USDCHF(H4) SELL

The Trend/Wave/Extreme mini indicator is showing

usdchf 20141020

  • The Trend bar is red down filled
  • Extreme Bar is Green filled pointing an up correction that may have finished
  • A 120 pips up correction
  • A solid down trend line

Read about the Trend/Wave/Extreme system here

The following is an analysis of the currency markets using the Trend/Wave/Extreme  . You can read about the system here. Please read our Risk Disclosure and Terms of Use  prior to making a trade using this information.