This pair dipped about 106pips after the chinese news was released. Though i cannot predict the long term trend of that but i will rather stay out of this pair until i see a confirmation.
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This pair dipped about 106pips after the chinese news was released. Though i cannot predict the long term trend of that but i will rather stay out of this pair until i see a confirmation.
AUDUSD(4 HR CHART)
PRICE ACTION TELLS THE STORY::::
https://fbcdn-sphotos-h-a.akamaihd.n...98364834_n.jpg
Action Pair Open price Open time(GMT-6) S/L T/P Lots Close price Close time(GMT-6) Profit
sell aud/usd 0.9090 2013-06-25 06:30:16 0.9125 0.8995 4.00 0.8995 2013-06-26 05:38:16 +3882.00
http://charts.mql5.com/2/110/audusd-...ex-group-2.png
we can see in the 4h chart
the pair can not close up the broken down trend line
I see the pair will go to down way to 0.9090
macd refers that the pair will go down
so our target sell from 0.9190 and our target will 100pips
Good luck
The following data is predicted based on indicators that we use for the currency pair AUDUSD today, for today's resistance levels as follows: RI (0.9332) R II (0.9353) R III (0.9403). and to this day support levels as follows: SI (0.9228) S II (0.9191) S IIII (0.9165)
recommendation:
prices have been able to reversal after touching down in the prisoner S III, is the most appropriate buy
we can see in the 4h chart
the pair trading down the 61.8
I see the pair will go to down way to 0.9113
rsi refers that the pair will go down
so our target sell from 0.9153 and our target will 40pips
http://charts.mql5.com/2/111/audusd-...ex-group-2.png
:peace::happy:
time frame- M30
the price is continue in the down trend side. it is rejected form the resistance at 0.9313 and macd is also in the down trend side. but now the price is become over sold so up movement is expected. we can long this pair with the take profit at 0.9175 and stop loss at the 0.9115
good luck
The Australian Dollar has been the hardest hit currency on the day thus far, with the market coming back under pressure on Wednesday. Initially, contained inflation readings helped to stall gains, but the market accelerated to the downside after downbeat data and headlines out of China. Comments from an advisor to the PBOC, who said that China was showing signs of crisis did not do anything to help the currency's cause, and for the time being, rally attempts have been quashed. Still, the daily chart does continue to show evidence of potential basing, and really only a daily close back under 0.9100 would concern. At the same time, key resistance for AUD/USD comes in at 0.9350, and a break back above this level will be required to confirm short-term basing prospects and open the door for a more pronounced corrective rally towards 0.9600. Moving on, EUR/USD has retained its recent bid tone, after taking out some key internal resistance in the 1.3250 area. On Tuesday I highlighted the potential for gains to extend back towards the June peak just over 1.3400, and today's price action reaffirms this possibility. I am not recommending a buy at current levels by any means, but will instead be waiting for an opportunity to sell on a rally above 1.3400 over the coming sessions.
Very nice pair fell today, right at support level 0.9140, but after 2:00 Prices trying to go for a turn ... judging by the amount of candles can be seen that the candles down much bigger and stronger, so I think that may be a pullback from 0.9140 to gather poses and then couple with the new forces will pierce bottom ..
I already placed a buy dan was done.sell if the price penetrates a support point.
AUDUSD pair kafi time se strong chal raha tha lekin kal isme kafi weakness daikhi gae hai...