Aud/Usd

Spoiler:

http://sadpanda.us/images/1225549-RMP5WKX.png

The bias is bearish in nearest term but as long
as price stays above 1.0200 the false
breakdown scenario should remain valid.
Immediate resistance is seen around 1.0250
area, a clear break above that area could
bring the price to neutral zone in nearest term
testing 1.0300 region which need to be broken
to the upside to continue the false breakdown
bullish scenario. On the downside, a clear
break & daily close below 1.0200 – 1.0170
could continue the bearish scenario since the
break below the bullish channel and reactivate
my bearish mode.

Resistance Level : 1.0250, 1.0300, 1.0400
Support Level : 1.0200, 1.0150, 1.0100
Trading Range : 1.0250 – 1.0150
Trend : Bearish

AUDUSD failed to break above the downward trend line on 4-hour chart, and pulled back from 1.0293 last Friday,
suggesting that a cycle top has been formed. Further decline to test 1.0149 support could be expected,
a breakdown below this level will indicate that the downtrend from 1.0624 has resumed,
then next target would be at 1.0000-1.0050 area. Key resistance remains at the trend line,
only a clear break above the trend line could signal completion of the downtrend.

Expected trading range for today is between: Support 1.0150 and resistance 1.0400
General tendency is expected for the day: UP

http://i48.tinypic.com/34qny9d.gif

The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 1.0065 and key resistance at 1.0400. Based upon my chart analysis, I prefer to selling the pair below 1.0285 with targets 1.0225, 1.0165 then 1.0135 and stoploss with four hour candle closing above 1.0310.

Spoiler:

http://i.imgur.com/RQGGP.png

At the H4 chart, price is above the 12 EMA and 72 EMA indicates the trend is still up
21 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profit: 1.0328

The trading range for today is expected among the key support at 1.0065 and resistance at 1.0400.
The short term trend is to the downside targeting 0.9400 with steady daily closing below 1.0710.

While the South is not very deep couple went, and returned again to the resistance of 0286 which demonstrated the rebound, MASD shows a sell signal, is likely to be lower, but my point-coup to buy 0295.

short positions at 1.0287 with 1.02334 and 1.0374 as next targets

the break out of 1.0249 will call for arebound towards 1.0208

Quote:

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Originally Posted by mahmoud mohamed tawfik

short positions at 1.0287 with 1.02334 and 1.0374 as next targets

the break out of 1.0249 will call for arebound towards 1.0208

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Same position like me bro I take short position,
hope will be green. Happy trading.

Spoiler:

http://s13.postimage.org/uzfsdcfmb/image.jpg

Frankly I do not think that will be the southern movement, the pair still overcame a sliding green alligator, and continues to work on the support of the northern lights out 0163, but shoppers really need to wait for the breakdown of 0290.