On a technical level the pair walking bearish channel on the daily Frame
Where in my opinion that any current rise will serve as a correct
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On a technical level the pair walking bearish channel on the daily Frame
Where in my opinion that any current rise will serve as a correct
aud/usd last day technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 10.08.13
timeframe : 1 hour
time : 2300
market trand : up
adx wilder(14) level
style : 47.42
+di : 30.20
-di : 8.58
adx(14) level
adx : 56.19
+di : 23.48
-di : 6.51
Yes, the trend turns out very good in the opposite direction ... now we can see that the histogram just flies away to the north side ... and I think in those days to trade only on the top and the maximum that can affects the estimated level of support at 0.9130 .... so that with such a forward movement 0.9300 mark ...
Aud/usd
I want to sell this pair at 0.9194
my stop loss of the day at 0.9234
half take profit for today at 0.9165
and further half take profit at 0.9157
hi
aud usd
pattern: butterfly
;)
http://pcm-fx.com/englishforum/showt...=2890#post2890
elliott elongated flat correction down 0.8839 market should not go lower than 0.8885 - 0.8751 after this move down it should go up to 0.9093 - 0.9167 area
support and resistances
res2 0.9435
res1 0.9167
piovt 0.9019
sup1 0.8751
sup2 0.8603
aud/usd forecast:
current price: 0.9199
when the end of the market yesterday, we can see in the H4 time frame chart, the last candlestick has form a long doji pattern. and from the daily chart we can see the price has been very close with the strongest resistance (moving average period 50).
doji pattern means that most of the big investor has been pull out from buying and change into selling.
in this case, there are very high probability that this pair will go down when the market open in monday morning.
if we use fibonacci retracement measuring the big up wave, we can find our first take profit target with fibonacci 38,2% at 0.9115 and full exit with fibonacci 50% at 0.9075
good luck...
AUDUSD long term basis on weekly and monthly timeframes still in a strong bearish, but the week uptrend as the market experienced a price correction after a prolonged bearish, I think the market will move back after touching resisiten correction at 0.9364 price, so the price is still next week likely to rise again
Aud/usd
I want to sell this pair at 0.9193
my stop loss of the day at 0.9232
half take profit for today at 0.9164
and further half take profit at 0.9156
http://charts.mql5.com/2/247/audusd-...orex-group.png
hi
we can see in the 1d chart
the pair will go up to fibo 38.2
I see the pair will go to up way to 0.9519
stochastic refers that the pair will go up
so our target buy from 0.9192 and our target will 362pips
Good luck