The resistance at 0.9411 cause a lot of anxiety. I think that we have to wait a little bit until the price break this level and then we open buy postion that's i advise you to put buy stop order at 0.9422.
http://i.imgur.com/zzGCBtR.png
Printable View
The resistance at 0.9411 cause a lot of anxiety. I think that we have to wait a little bit until the price break this level and then we open buy postion that's i advise you to put buy stop order at 0.9422.
http://i.imgur.com/zzGCBtR.png
http://prntscr.com/416b7q
analysis for today 7 / 10 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUD/USD on the date 7 / 9 / 2014
OPEN 0.9399
HIGH 0.9422
LOW 0.9382
CLOSED 0.9412
The third resistance (R3) 0.9422 -( 0.9405 - 0.9382 = 0.0023 x 2 = 0.0047 )= 0.9469
The second Resistance (R2) 0.9405 + 0.9422 - 0.9382 = 0.9445
First resistance (R1) 0.9405 x 2 = 1.8811 - 0.9382 = 0.9429
pivot points 0.9422 + 0.9382 + 0.9412 = 2.8216 / 3 = 0.9405
Support for the first (S1) 0.9405 x 2 = 1.8811 - 0.9422 = 0.9389
Support second (S2) 0.9405 -( 0.9422 - 0.9382 = 0.0040 ) = 0.9365
Third Support (S3) 0.9382 -( 0.9422 - 0.9405 = 0.0017 x 2 = 0.0033 )= 0.9349
The price now is above a trendline, which tells us that the price will fall back to the top. I Recommend to enter into a but deal with take profit at 0.9454 and stop loss at 0.9343.
http://i.imgur.com/RVGPFqe.png
http://prntscr.com/4199zd
analysis for today 7 / 10 / 2014
AUD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.9397
Retracement (50%) 0.9402
retracement (61,8%) 0.9407
Extensions (61.8%) 0.9357
Extensions (100.0%) 0.9342
Extensions (138.2%) 0.9327
Extensions (161.8%) 0.9317
calculation based on a Fibonacci retracement then today I choose sell
Trading Signal - 10/07/2014 - 10:00 GMT +3
Instrument: AUDUSD
60min CHART
Upwards Weak
The market is testing support at 0.9370. We are waiting to see reversal signals in order to reinstate
LONG positions. Next important support the 0.9350 level.
Support & Resistances
0.9370 0.9400
0.9350 0.9440
0.9300 0.9480
http://dl.dropbox.com/u/51561036/scr...710-225619.jpg
http://prntscr.com/41jyvi
analysis for today 7 / 11 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUD/USD on the date 7 / 10 / 2014
OPEN 0.9412
HIGH 0.9454
LOW 0.9362
CLOSED 0.9393
The third resistance (R3) 0.9454 -( 0.9403 - 0.9362 = 0.0041 x 2 = 0.0082 )= 0.9536
The second Resistance (R2) 0.9403 + 0.9454 - 0.9362 = 0.9495
First resistance (R1) 0.9403 x 2 = 1.8806 - 0.9362 = 0.9444
pivot points 0.9454 + 0.9362 + 0.9393 = 2.8209 / 3 = 0.9403
Support for the first (S1) 0.9403 x 2 = 1.8806 - 0.9454 = 0.9352
Support second (S2) 0.9403 -( 0.9454 - 0.9362 = 0.0092 ) = 0.9311
Third Support (S3) 0.9362 -( 0.9454 - 0.9403 = 0.0051 x 2 = 0.0102 )= 0.9260
http://prntscr.com/41m15y
analysis for today 7 / 11 / 2014
AUD/USD (Daily Trade)
I think the movement is still in a bearish trend
retracement (38.2%) 0.9397
Retracement (50%) 0.9408
retracement (61,8%) 0.9419
Extensions (61.8%) 0.9305
Extensions (100.0%) 0.9270
Extensions (138.2%) 0.9235
Extensions (161.8%) 0.9213
calculation based on a Fibonacci retracement then today I choose sell
http://prntscr.com/42hl96
analysis for today 7 / 14 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUD/USD on the date 7 / 11 / 2014
OPEN 0.9394
HIGH 0.9408
LOW 0.9375
CLOSED 0.9390
The third resistance (R3) 0.9408 -( 0.9391 - 0.9375 = 0.0016 x 2 = 0.0032
The second Resistance (R2) 0.9391 + 0.9408 - 0.9375 = 0.9424
First resistance (R1) 0.9391 x 2 = 1.8782 - 0.9375 = 0.9407
pivot points 0.9408 + 0.9375 + 0.9390 = 2.8173 / 3 = 0.9391
Support for the first (S1) 0.9391 x 2 = 1.8782 - 0.9408 = 0.9374
Support second (S2) 0.9391 -( 0.9408 - 0.9375 = 0.0033 ) = 0.9358
Third Support (S3) 0.9375 -( 0.9408 - 0.9391 = 0.0017 x 2 = 0.0034