Aud/Usd

Resistances lie around 0.9999 and 1.0025. It should test lower towards 0.9918 zone. A clear break of 0.9965 would be bearish. So , we look for more down today . sell at 0.9965 have a SL at 1.0035 target 0.9920 . should be nice trade

Always believe in your trading system.Initial bias remains neutral this week for some consolidations. But i find that corrective rise from 0.9926 is already completed with three waves up to 1.0764.

Now AUDUSD within uptrend channel. To predict the next move we should wait for breakout.
In my opinion it will break the lower line and it will fall 50 pips down

Good luck

The AUD / USD has stumbled yesterday on resistance located at 1.02.
The course was immediately plunged to 1.01 and stabilizes currently below that level.
The price is still above the upward sloping (blue line on the graph).
Indicators are now somewhat mixed.
We will remain neutral on parity as the course will be located between 1.00 and 1.01.
We advise to go / not to treat more than the positions in the direction out of this range of quotations:
- Long recasse 1.01 if the price up.
A break of 1.02 will then upward a new buy signal.
- Short breaks 1.00 if the price down.
A break out of 0.99 will then offer a new sell signal.
Attachment 250Attachment 251

The AUD / USD bounces his leadership of the resistance located at 1.02 after a feinted back in 1.01.
The price is still above the upward sloping (blue line on the graph).
Indicators are generally bullish.
We continue to advise to trade only long positions as the course will be located above 1.0050.
Maintaining the current above 1.01 will strengthen our bearish sentiment on parity.
A break of 1.02 will then upward a new buy signal for an extension of the upward movement in the direction of 1.03 or higher if this level is broken up.
In case of return of 1.0050 in the course we will wait then break out of 1.00 to advise entering / not treat more than short positions on gender.
Attachment 270Attachment 271

Guys,

I am short on AUD/USD. There is a strong resistance in 1.0190 - 1.0210 area. And todays daily resistance R2 falls on 1.0208. As per my trendline in 4hr chart the trendline passes through the aforesaid area. I hope this is a good place to short. I will close the position if any of the 15 min candlestick close above the 1.0210 area.

AUDUSD 30M chart

Simple Analysis. We are still in down trend. Breaking of the blue channel will show us what to do next.

If it breaks to the upward, we will see 55 pips upward movement but if it falls- we might expect 105 pips downward movement.

Good luck

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Price found support at the moving average 50 - in green - to fall back again, where is currently testing the resistance level on the sub-horizontal 1.0200-1.0210. Today, the stability of trading above 1.0210 may lead to further retracement towards 1.0275 level and bottom level recorded recently about 1.0375. In the downward direction,

I have just placed a long position at today's pivot point at 1.0410 and stoploss at 1.0385 with my first target at 1.0455 (6 points lower than today R1 level) and depending to the energy of the up move, I may close this trade or setting a trailing stop and set a second target at 1.0520.

Happy trading!

Date: 20.01.12

Timeframe : M15
RSI(14) 54.629 Neutral
STOCH(9,6) 62.047 Buy
MACD(12,26) 0.000 Buy
Williams %R -38.095 Buy

Indicators Summary: STRONG BUY

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Timeframe : H4
RSI(14) 57.588 Buy
STOCH(9,6) 63.860 Buy
MACD(12,26) 0.002 Buy
Williams %R -21.951 Buy

Indicators Summary: STRONG BUY

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