Aud/Usd

Aud/usd technical analysis

date : 08.02.2013
time : 11:45 GMT
time frame : 15 min

indicator :

1) RSI (14)
value: 48.48

2) MACD (26,12,9)
value: 0.0003

3) ADX (14)
value: 16.25

4)CCI(14)
value: 35.91

overall trend - slightly bullish.

well this is a very interesting pair than you can make money from if you know the fundamentals look it is very correlated with chinese economy news and it is known that it is going down

Trying to overcome the bulls moving alligator ended a false breakdown, (dropped off passengers, it only strengthens the southern signals), the bulls are still weak, and they are still focused around support 8880 - Zone 2 lower fractal-breakthrough which will be a signal to sell, with profit at 8800 figure.

The pair intraday analysis at H1 using williams percentage range and moving average are showing the major trend is bearish. it may continue today if the price success to trade below the pivot level. Try to find good resistance and set Short order on it. Today SNR :
R3 : 0.9065
R2 : 0.9030
R1 : 0.8979
Pivot : 0.8941
S1 : 0.8887
S2 : 0.8852
S3 : 0.8800

elliott extended impulse wave down 0.8869 it may meet resistance in 0.8925 - 0.8942 aone for a drift down to 0.8891 zone after which bounce to 0.8976 is anticipated
support and resistances
res2 0.9028
res1 0.8976
piovt 0.8942
sup1 0.8891
sup2 0.8856

aud/usd last day technical analysis by using : average directional

movement index wilder(14) & stochastic(5,3,3)

adx wilder(14) level

style : 39.37
+di : 12.59
-di : 23.09

stochastic(5,3,3)

main : 41.92
signal : 33.87

time : end of the day
date : 03.08.2013
timeframe : 4 hour

elliott extended impulse wave down 0.8869 it looks set to vist futher lower territory down to around 0.8885 - 0.8857 it is corrective attempts should fail ahead of 0.8934 - 0.8955 stop loss above 0.9012 zone
support and resistances
res2 0.9012
res 0.8955
piovt 0.8913
sup1 0.8857
sup2 0.8815

Correction for steam Australian dollar last week and continued not beat the pair started to decline to the support at 0.8889 is possible that the price of a couple on the next trading week will continue to decrease in price support level 0.8839 and possibly below this level, and from this you can expect the correction Exalt bet.

AUD/USD is a very good pair for newbies to start as it has very less spread and low liquidity.I trade in this pair only when news like Australian employment change,interest rate etc are released.And I use MACD indicator in H1 chart to determine the direction of trend in this pair.

My daily trading,I hope the day is a success ...
AUD/USD (Daily Trade)

Resistance : 0.8969 0.9009 0.9116
Support : 0.8857 0.8770 0.8663
Prev. High / Low : 0.8972 / 0.8869
Closed Price : 0.8903

for intraday trade today suggest SELL at the level 0.8958, stop loss at the level 0.8989, target take profit at the level 0.8815.
:happy::happy::happy:===GOOD LUCK===:happy::happy::happy: