aud/usd technical analysis on 24.01.13 on h4 timeframe by adx
adx : 20.1348
+di : 13.4751
-di : 26.4202
time : 0400
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aud/usd technical analysis on 24.01.13 on h4 timeframe by adx
adx : 20.1348
+di : 13.4751
-di : 26.4202
time : 0400
australian dollar rebound from zero. 9920 could be a upside correction, engaging in a sharp decline from 1. 100 space, in line with technical analyst at commerzbank, seemingly to actually cap below 1. 0505/27, before more decline towards zero. 9929 after which zero. 9716.
daily analysis for the pair of aud/usd , Australian dollars for a day rebounded from the point of support and returned broken and rebounded from strong support at 1.0510 and was Achara them very well and I expect to still opportunity to buy list expect Australian dollars now target 1.0550 and God know noticeable if some income buy on his own responsibility not ask me
sell aud/usd at the level 1.0524 with targets at 1.0487 and 1.0464, but in case of breaking the level 1.0545, then buy at this level with targets at 1.0582 and 1.0612
Australian dollar resumes it,s decline it,s U.S counterpart about the region 1.0520
we still do not rule out the arrival for the pair 1.0600/24 resistance peak height in August and September , this is essential if resistance was curbing high pair without plunge may be allowed until 1.0414
some steam in recent years goes really bad ... on the weekly chart shows that there is a formation narrowing triangle, given that the expected easing of the dollar it will be possible to sample the northern boundary of 1.0600 ... far away and can not fly because the top is a lot of resistance but 2 figures Mauger pass ...:)))
http://i50.tinypic.com/f3ev4p.gif
The pair drops again after failing the second attempt of bullish movement which threaten our expectation of completing the possible harmonic pattern as shown in the provided charts. Breaking 1.0490 levels may change our scenario from bullish to bearish. Therefore we stay asway from the pair until we get a confirm signal for the upcoming big move.
aud / usd pair showed a strong southern descent rate even managed to break a score 0500 figure (a strong support level), a break of this level has opened the way to the 0400 figure, while on pullbacks only going to add the sale because the dollar is rising in almost all pairs.
The pair is trading within the long-term side-channel, and the objectives of bears again became a lower level of support for 0348, has just formed another signal to sell the pair managed to break through the lower zone of fractals 0485, do not see any major technical obstacles to further growth, opened the sale.
http://www7.0zz0.com/2013/01/24/15/230421806.gif
we can see in the 1d chart
the pair will go down to fibo 50.0
I see the pair will go to down way to 1.0386
stochastic refers that the pair will go down
so our target sell from 1.0468 and our target will 50pips
Good luck