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  • EUR/AUD (H4): Above support
  • Forecast: Upward swing approaching downtrend line – look at support 1.5160
  • Alternative scenario: Trying to breach current local support zone
  • Comments: In broader perspective trend is bullish, however since September we observe a dynamic declines
  • Payout: CALL @ 1.5160 à 77% return expiring at 23:30GMT

EA_screen 05.11

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Member and editor of Finance Magnates - the biggest FX, and binary options B2B website. A graduate of the University of Economics in Krakow, active publicist since 2012. Technical analysis is always more important to him than the fundamentals – however, he does not reject the importance of macro data. As he assumes that, the simpler the better, he is a strong fan of Price Action trading strategy and Fibonacci retracements.