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http://i49.tinypic.com/2yl2rs2.gif
The pair is trading downside last week but the pair is still trading in the ascending channel' The Linear Regression Indicator also supports our expectation. The stochastic also cross positively. According to my chart analysis, I prefer to buying the pair above 1.0495 with targets 1.0585, 1.0615 then 1.0650 and stoploss with four hour candle closing below 1.0435.
a little frayed but still southern wave continues the formation, moving alligator made a turn to the south and now work out the role of the trend line resistance, it came close to them couple opened another sale, now the main task of the bears will be a breakthrough 0500 figures, I think the movement should be resumed with the opening of the U.S. session.
AUD/USD continues forming an ascending structure to return to the level of 1.0535. This structure may be considered as a correction. After finishing the correction, the pair may start a new descending movement towards the target at 1.0470. Later, in my opinion, the pair may start moving upwards to break the level of 1.0600.
http://www14.0zz0.com/2013/01/21/19/252887278.gif
we can see in the 1h chart
the pair will go up to fibo 61.8
I see the pair will go to up way to 1.0530
stochastic refers that the pair will go up
so our target buy from 1.0515 and our target will 30pips
Good luck
Aussi was broke the pivot level 1.0511, the pair is now targeting to touch 1.0497, and may continue down towards 1.0476. But if it moves bak above the pivot, the pair will potentially go up towards 1.0530 or higher.
very strong last pair above 1.0505, and this makes an initial confirmation for a bullish reversal at this point but needed confirmation of the second pair to ensure the pair went bullish on the pair must penetrate the 1.0525 level as the level of confirmation of bullish continuation
long positions at 1.0535 with 1.0570 and 1.0590 as next targets
the breakout of 1.0500 will call for arebound towards 1.0470
http://i46.tinypic.com/2je5ier.gif
The pair move upside as we are expected in our previous analysis. Linear regression indicator also supports the upside move. The Stochastic also shows positive which all indicates that pair is ready to move upside more. According to my chart analysis, I prefer to buying the pair above 1.0530 with targets 1.0585, 1.0615 then 1.0650 and stoploss with four hour candle closing below 1.0455.
sell aud/jpy at the level 1.0583 with targets at 1.0544 and 1.0523, but in case of breaking the level 1.0595, then buy at this level with targets at 1.0619 and 1.0640