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The price is beyond the boundaries of the channel, indicating that the probability of return rates in the scope of the channel. MACD shows an upward direction. I assume that the price will fall and return to the scope of the channel, namely the middle of his line, which, at the moment, is available at the price of 0.9409, but only after the MACD shows bearish direction.
Aud/usd analysis for 09.19.2013 by using pivot indicator.
r3: 0.9467
r2: 0.9411
r1: 0.9340
pivot: 0.9284
s1: 0.9213
s2: 0.9157
s3: 0.9086
aud/usd
if we see the market with two indicator adx wilder(14) & adx(14) in 1 hour timeframe.the value of two diferrent indicator shows us that
adx wilder(14) level
style : 51.68
+di : 38.98
-di : 8.75
adx(14) level
adx : 29.61
+di : 27.47
-di : 12.88
so we can decide that the market trand is : up
timeframe : 1 hour
time : 0900 gmt
AUD/USD pair is now up trend. The price already breakout daily pivot point (0.94526). I think the price may touch daily resistance 1 level (0.95697).
http://i1311.photobucket.com/albums/...ps2a285c11.jpg
Aud/usd analysis :
date : 09.19.13
time : 09:45 GMT
time frame : 15 min
current rate : 0.9503
high : 0.9527
low : 0.9484
net change : -0.17%
overall trend : strongly bullish.
AUD USD succeeded to achieve the waited positive targets hitting 0.9525 yesterday, noticing some bearish rebound affected by Stochastic negativity, which might force the price to achieve some temporary bearish bias before resuming the overall bullish trend. The EMA50 supports the continuation of the positive trading, which its next targets located at 0.9660, while achieving them requires holding above 0.9355.
http://charts.mql5.com/2/556/audusd-...orex-group.png
http://www11.0zz0.com/2013/09/19/11/950091179.png
the pair trade up the up trend in 1h chart
stochastic refers to up way
so the pair will go to up way in next period
AUDUSD H1
current price seems to be trying to go down, which is visible from the ADX has reached a saturation point, but if the price is able to break the current highest price, then the price will continue to rise towards 0.9560 area
AUDUSD Technical Analysis for 19/09/2013
AUDUSD : BUY
BID PRICE 0.9512
EXPONENTIAL MA 20 0.9502 BUY
EXPONENTIAL MA 50 0.9445 BUY
EXPONENTIAL MA 100 0.9366 BUY
PARABOLIC SAR 0.02/0.2 0.9311 BUY
RSI 14 72.85 BUY
MACD 12,26,9 0.00563 BUY
Support : 0.9484
Pivot : 0.9505
Resistance : 0.9523
Trend : Bullish
time frame- M30
http://i41.tinypic.com/2l89rw7.png
the price is try to break the lower support trend line of the channel at the 0.9478 and move to the pivot point at 0.9459. this is also having down trend signal with the parabolic sar. this will break the channel pattern.
trade type- short
target@0.9459
stop loss@0.9500
good luck.
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