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Fell pair AUD / USD today after trying to break through resistance at the level of 1.0470 but rebounded strongly, reaching levels 1.0380, breaking SMA 55
Mosher stochastic gives the signal for the rise now ... Is expected to climb again if breached moving average 55 and access to targets around 1.0500
Now a days, This trade is most use. I like it most & present rate is 1.04, you can buy for profit. It is best price to profit by buy rate.
forex signal for 1/10/2012
Buy Limit audusd @ 1.0340 SL=1.0310 TP=1.0390
sell Limit audusd @ 1.0432 SL=1.0465 TP=1.0390
If we look on the daily time frame, we can see that the previous candle is a bearish engulfing candle pattern. As we know bearish engulfing is the bearish signal. So, I think AUDUSD will fall today. I think AUDUSD will touch the 1.0337 support level or even break it and continue falling to the 1.0252 support level.
today this pair move quite slow and still hangging around the previous support area......maybe it will go down soon but this pair dont give a very good sign to enter the sell order....let see what happen next
On the 4 hour chart shows a downward channel which is now trading course, a course now trading around mid-channel, if there is a breakdown of the level of 0385, I will be buying for the purpose of about 0440 (the upper limit of the channel).
Aud/usd technical analysis for 01.10.2012 by using : Auto pivot indicator
resistance 1: 1.0552
resistance 2: 1.0512
resistance 1: 1.0444
pivot point :1.0404
support 1:1.0336
support 2:1.0296
support 3:1.0228
Aud/usd is a very good currency for trade.you can earn more dollar from this currency.most of the people in forex trade like to trade aud/usd.i am also trade aud/usd.and you also earn more money.thank you
my interest for audusd is beginning to rise due to the slow but steady movement in the market in the past few weeks, the trends are ****ually formed and last considerably for traders to take nice profit or bail out with small profit before price begins to go against open trades
23% Fibonacci level was tested today in the daily chart. But did not has a real break. Further resistance at 1.023 seems holding. at the moment candlestick seems to be forming a Dogi or a spinning top . Which is not indicating the bearish rally is fading away.