Printable View
After China pmi pair reject 0.8930 support price are now testing resistance 0.9020/50. Long term trend is bearish i am waiting for correction if pair reject 0.9060 or 0.9060 resistance then i will enter for short postion and target will b 0.8800
https://fbcdn-sphotos-b-a.akamaihd.n...58606483_o.jpg
today i like to sell this pair @ 0.9043
my stop loss of the day @ 0.9059
half take profit for today @ 0.9013
and further half take profit @ 0.8976
Hi,,
in the chart 4h we can see the pair will go to up way in the future
I see the pair will go to 0.9083
I expect from this analyze that the price will go to up way
so buy from 0.8988 to 0.9083
good luck
On AUD / USD now can be safely find the entry point to the sale, the couple has just demonstrated a retreat from the southern slope medium-term resistance (the point of tangency 9017), the main trend southwest and is still in force, I think will continue to reduce the area of a local minimum of the week are working on 8930 + sell signal MACD.
AUD/USD pair price already touched daily pivot point (0.90033) and upper trend line. Now the pair price try to move down ward. I think the price may touch daily support 1 level (0.89379).
http://i1311.photobucket.com/albums/...ps61c16779.jpg
A few days ago a couple strayed from the blue alligator moving (to work off the role of the trend line), started his working off southern stochastic signal, in order to sell forward lower fractal breakout 8974 in which open the way to 8930 and 8900, the turning point in the north is above 9020 resistance (upper fractal).
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 (0.9064) R II (0.9114) R III (0.9151). and to this day support levels as follows: SI (0.8918) S II (0.8890) S IIII (0.8825)
recommendation:
place your sell stop at 0.8982 target profit at 0.8962 (Seller zones)
place your buy stop at 0.9022 profit target at 1.0243 (buyer zone)
aud/usd technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 22.08.13
timeframe : 1 hour
time : 1400
market trend : down
adx wilder(14) level
style : 28.44
+di : 19.52
-di : 25.78
adx(14) level
adx : 18.37
+di : 21.95
-di : 18.14
traded between a high of 0.9072 and a low of 0.8963 closed at 0.8970. Today the pair trades above the support level of 0.8930.
Upside Scenario: If the support level of 0.8930 holds, the pair could rise to the levels of 0.9080, then 0.9140.
Downside Scenario: In the case of a break below the support level of 0.8930 and we could see the levels of 0.8970 then 0.8930.
http://2.bp.blogspot.com/-IAqcgzBf_P.../s1600/aud.jpg
Of observations by the method of technical analysis I have seen of the currency pairs AUD/USD and indicators that I use is the Bollinger Bands and fibbo.
It is seen that the position of the forex market are on point 0.9035 and there is support and resistance on the (R3=0.9114), (R2=0.9079), (R1=0.9039), (Pivots=0.9002), (S1=0.8957), (S2=0.8916), (S3=0.8871)
then I highly recommend you to open position SELL with
Take Profit is equal to 0.9005 as well as Stop Loss at point 0.9065
so that the target pips for today I think is at 50 pips