AUD/USD technical analysis for 06.10.2012 by using : Fibonacci tool. 1H chart
Resistance 3: 1.0283
Resistance 2: 1.026
Resistance 1: 1.0246
Pivot: 1.0223
Support 1: 1.02
Support 1.0186
Support 3: 1.0163
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AUD/USD technical analysis for 06.10.2012 by using : Fibonacci tool. 1H chart
Resistance 3: 1.0283
Resistance 2: 1.026
Resistance 1: 1.0246
Pivot: 1.0223
Support 1: 1.02
Support 1.0186
Support 3: 1.0163
Australian dollar was higher against on friday USD. audusd trading at 1.0267 up at time writing 0.26%.we think pair was likly to suport 1.0182 low on thusdays and my be reisitance 1.0402 more then monday,s high.
AUDUSD has been rejected by the 1.0252 resistance level. It may makes AUDUSD reverse or even fall to the 1.0163 support level. But if AUDUSD can break the yesterday's high, it may makes AUDUSD goes up today and has a chance to touch the next resistance level at 1.0337.
The Initial support at 1.0609 , followed by 1.0510
the price break 1.0609 to up movement 1.0750 . so better just cheek out this pair 1.0650 .
Market is showing a range bound movement in the M15 chart. Price is oscillating between 1.0278 and 1.0238. So i guess this is a good range to make small profits. Since the price is now more close to the support at 1.02838 i suggest you wait for the break out or the re bounce. Almost all the time frames indicate a bearish momentum. MACD , RSI , ADX also show bearish signal . So i think we may able to expect a breakout from the 1.0238 level.
The pair was able AUDUSD U.S. trading positively yesterday to settle above the 1.0215 after several attempts to break it, and opened trading today also positively supported by stochastic.
Therefore, we Snrgeh upward trend for the day, which targets initially tested the strength of the 1.0340-1.0365 levels, where The penetration will confirm the return of the price to the previously breached upward path.
Expected trading range for today is between: Support 1.0100 and resistance 1.0450
General tendency is expected for the day: UP
Slowly but surely, the pair is still growing, vyrisovalas another support 0240 (short-term), by her plan to buy more, goal I still have about 0325, but I hope all the same to a wave of deep south, up to 0400.
it seems most of the major pairs all day just having sideways trend in TF M5 including AU pair. because of the likelihood that many market participants are awaiting news of NFP was launched a while longer.
Slowly but surely, the pair is still growing, vyrisovalas another support 0240 (short-term), by her plan to buy more, goal I still have about 0325, but I hope all the same to a wave of deep south, up to 0400