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The AUD/USD is start retracing upward. Since our bias is bearish ,we will wait for the pair to retraced back to 0.9057 Key Resistance level, which is our next logical spot to go short. If price then gets rejected on that level then we will find a short opportunity.
Current Important Levels :
0.9300 - 0.9057 - 0.8891
AUDUSD
We didn’t see any major moves on the Aussie as compared to the other currencies, however we did see it test 0.8900 twice but fail to break it, proving itself a strong support. Currently it’s trading close to psychological 0.9000 resistance and we will monitor if it will be able to break it as it already failed once before. If it does break it this leaves 0.9040 and 0.9100 targets in view.
Res: 0.9000, 0.9040, 0.9100, 0.9130
Sup:, 0.8900, 0.8845, 0.8800, 0.8769
http://www.actionforex.com/images/st...2013082914.gif
Aud/usd technical analysis
date : 08.29.2013
time : 07:45 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 38.36
2) MACD (26,12,9)
value: 0.0000
3) ADX (14)
value: 29.41
4)CCI(14)
value: -187.09
overall trend - slightly bearish.
The following data is predicted based on indicators that we use for the currency pair AUD/USD today, for today's support and resistance levels as follows: (R3=0,908), (R2=0,9033), (R1=0,8986), (Pivots=0,8939), (S1=0,8892), (S2=0,8845), (S3=0,8798)
recommendation:
place your sell stop at 0,8919 target profit at 0,8899 (Seller zones)
place your buy stop at 0,8959 profit target at 0,8979 (buyer zone)
on currency pairs AUDUSD I have predicted that there is a signal BUY in the time frame H1
because I was referring to the indicator fibbonaci and pivot indicator to see support and resistance at R3=0.9081, R2=0.9034, R1=0.8987, Pivots=0.8940, S1=0.8893, S2=0.8846, S3=0.8799
so I suggest to perform the requisite order BUY to
Take Profit 0.8964 and Stop Loss 0.8904
a target is likely to move by 60 pips
AUD/USD pair is now down trend. The price already breakout daily pivot point (0.89382). I think the price may touch Fibo 23.6 level.
http://i1311.photobucket.com/albums/...ps70d09021.jpg
today i like to buy this pair @ 0.8923
my stop loss of the day @ 0.8893
half take profit for today @ 0.8954
and further half take profit @ 0.8986
For AUDUSD trend can probably pullback again to bull i see and yes, we can pay attention to the 0.8988 for me if 0.8988 was break by buyer - its time for nice buy then.
Aud/usd technical analysis
date : 08.29.2013
time : 13:00 GMT
time frame : 15 min
indicator :
1) RSI (14)
value: 41.20
2) MACD (26,12,9)
value: 0.0007
3) ADX (14)
value: 18.08
4)CCI(14)
value: -17.27
overall trend - slightly bullish.
On the daily chart, we see the formation of long-wave (initiated by 9227) in the direction of the main trend, the nearest strong support (from which the bulls may again try to take matters into their own hands) is already around 8843, a couple from today forward to the support break 8900, that figure will be a signal to sell with a profit for 8840.