Printable View
http://i46.tinypic.com/6qhdub.gif
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 1.0025 and key resistance at 1.0480. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
After rolling back down again, a couple of bistros back their positions, and prices are once again trading around 1.0320 resistance level ... seems to be strong, and buyers are now breaking through the level but the histogram shows a small divergence, so that should go into the shop after the breakdown of the level ...
The pair came close to a strong medium-term resistance level and a maximum of 0322 while I was still considering a retreat from him, but the breakout and consolidation above 0322 will turn the position to buy.
short positons at 1.0290 with 1.0244 and 1.0190 as next targets
the breakout of 1.0324 will call for a slide at 1.0376
http://www9.0zz0.com/2012/07/18/08/633903180.gif
Forex Trading Strategiesfree
LiveForexTrading.info covers everything we have researched and experienced while searching for the massive profits often associated with marketing forex products (if you have been doing it for a while you will know what we mean!).
The pair yesterday showed very strong growth trend and close to the resistance of 0324, which can not overcome, MASD shows a sell signal, I think that we can expect the south.
AUD / USD pair reached the previous resistance levels I expect to get back to land where I expect the pair to form a reflex, but wait for the closure under the rising trend to frame four hours for the sale of the husband
http://www3.0zz0.com/2012/07/18/12/566035787.png
Well here is finally the Australian dollar has shown its teeth ... a couple of broken the resistance level which held nearly three weeks, so everything seems to indicate continued growth and the histogram rises ....
as the pair moved strongly upward after testing the bullish trend shown , the pair also break the resistance level @0% so i expect it will retest this level again and there i think we can start buying with small stop lose few pips below this level ,
Attachment 2655
http://i47.tinypic.com/15dnsax.gif
The short term trend of the pair is to the downside. Intraday trading range of the pair is expected among key support at 1.0025 and key resistance at 1.0480. Based upon my chart analysis, I prefer to buying the pair above 1.0365 with targets 1.430 then 1.0530 and stoploss with four hour candle closing below 1.0285.