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Update:
AUD USD achieved a breach above the minor resistance 0.9385 and retests it now, while we need a daily close above the mentioned level to confirm the continuation of the bullish trend, which makes us continue in our neutrality waiting for the daily close according to 0.9385
http://charts.mql5.com/2/614/audusd-...orex-group.png
Audusd falls into the area above the price support 0.9336. This is an opportunity for buyer make corrections for the price support there is still above the area with the target of resistant nearest in 0.9351. Break up the cost of this could bring audusd to price 0.9390, meanwhile, if audusd failed to break this area and bouncing back down, a target ' s in support 0.9336 while this
Usd/cad analysis for 09.27.2013 by using pivot indicator.
r3: 0.9461
r2: 0.9431
r1: 0.9399
pivot: 0.9369
s1: 0.9337
s2: 0.9307
s3: 0.9275
I use scalping strategies on this currency pairs Aud/Usd so I prefer the short time that is the timeframe M15 and M30,
that's position market on 0.9365 then also there are some indicators that I use as the Bollinger Bands is TREND UP, ADX is TREND UP, Stochastic is TREND UP.
Then consider the position if the market trend is moving toward more leads TREND UP,
then I strongly encourage you to order BUY at current market at 09:22 and use a stop loss and take profit of 30 pips
is the take profit at 0.9395 and stop loss at 0.9335
AUD USD is retesting now the falling wedge’s resistance that appears in the above chart, where this resistance turns into support at 0.9330, and due to the positivity of this pattern, we suggest witnessing positive trading for today, supported by Stochastic, to be waiting for targets that begin at 0.9455. You should be aware that breaking 0.9315 will stop the positive expectations and leads to test 0.9250
http://charts.mql5.com/2/619/audusd-...ex-group-3.png
the market conditions on the currency pairs audusd is TREND DOWN with the following criteria :
running price on the market is 0.9331
time frame that I use is H1
date on the forex market is 2013.09.27 11:25:07
yesterday high = 0.9401
yesterday low = 0.9339
Pivots = 0.9369
S1 = 0.9337
S2 = 0.9307
S3 = 0.9275
R1 = 0.9399
R2 = 0.9431
R3 = 0.9461
so I'm is recommend your to open position BUY at current market 0.9331 points with the risk management stop loss at point 0.9306 and take profit at point 0.9356
please try this and good luck all
AUD/USD pair is now bearish power. The price may breakout daily support 1 level (0.93354). I think the price may touch daily support 2 level (0.93070).
http://i1311.photobucket.com/albums/...pse9cc6a89.jpg
Update:
AUD USD pushes negatively on the key intraday support levels and the main one at 0.9315, as we mentioned this morning that confirming breaking this level will turn the price to test 0.9250 initially. Until now, the morning suggested positive scenario remains valid with the importance of monitoring the price behavior according to 0.9315
today i like to buy this pair @ 0.9307
my stop loss of the day @ 0.9290
half take profit for today @ 0.9322
and further half take profit @ 0.9346
More down on here too. let image that if today seller on AUDUSD can also break down to more bellow 0.9339 make some plan to sell is better. so be ready to sell, we see tcci average 2 day still support down till now
Spoiler: