-
China's inflation statistics has supported the Aussie
AUDUSD
March 10, 2016, 11:32
Buy on a level breakthrough of 0.7526 with 0.7600 target. Stop loss = 0.7470.
Reason for the trading strategy
China's consumer price index rose from 1.8% to 2.3% in February, while the producer price index rose from -5.3% to - 4.9% per annum. The increase in inflationary pressures in the largest Asian economy signals a restoration of business activity in the country and contributes to a growth of the commodity assets. The recovery of oil prices to their multi-year lows plays quite an important role in this process.
AUDUSD, Daily
https://www.exness.com/media/media/2.../10/audusd.png
-
aud usd
located at H1 time frame looks uptrend but there is still consolidating. remain vigilant for the support and resistance are still in a small range. for it is better to wait for brekout support or resistance. although to trend up is still visible.
-
The opening day price for the AUDUSD now was below the regular pivot point at 0.7462 which informs about potentially of downward pattern on the present day. Likewise as indicated by the moving crosses the quick MA20 comes above the moderate 48MA to perform a state of bullish pattern goes on for a long term movement. For the time that the price rates keeps above the line of the trend magic indicator to gaves a bigger chance of the upward direction for now. According to this analysis we can say that the price is at downward index and wouldn’t possibly overcome the resistance levels at 0.7551 and the take profit could be set between the region of 0.7464 or keeps till 0.7415 in that order for next couple of hours sell orders
http://funkyimg.com/i/291cY.gif
-
Now a days mujhe AUD/USD ki movement ki samjh nahi aa rahi hai beacuse Australian dollar past many weeks se strong hi ho raha hai . Aur iss week AUD/USD ne 500 pips up move kia hai aur abhi iss ki price .75000 k around move ker rahi hai. Mgr aanay wale dino mein AUD/USD aur strong hoga.
-
after a fast look on the pair it is more likely that the price is moving at a upward direction according to the expense channel that could be seen on the outline of the AUDUSD while the price is coming to the upper brink of the channel it can be considered as a suitable sell zone with a target claim near the price of 0.7425 in additional to that StepMA indicator stick on showing a direction signs which we will use it as a confirmation for the long passage for the whole day. Essentially The set of stochastics appears to show an overbought as the most of lines touched down nearby the high standard of 80 which can be a sign of a drawback of the upward heading or a begin of new downward intraday trend on the few upcoming hours.
[img=http://imagizer.imageshack.com/img924/1572/Lo4oOD.gif]
-
1 Attachment(s)
Time Frame - 1H
The pair is near the target in my previous post which is 0.7585 and the pair keeps rising to target next 0.7645 whith the help from the stochastic.so the bullish movement is still on .but we need to becarful in case the pair broke 0.7425 level which will lead to a bearish movement .
Attachment 14264
-
The bulls in this pair enjoyed a good period for previous week but in this week the australian dollar little bit bearish mode due to little bit strong dollar.
-
http://i67.tinypic.com/302azk3.png
AUD/USD is hafto dil khol kar up gaya aur aur jis tara ka masboot trend chalraha ha ise to ane wale hafto mai bhe yahi jari rehne k pure imkan hain magar hume ya dekhna hoga k hum entry sahi karein agar buying kare ha to kiu k itni movement k baad correction lazmi ha jis se bach k rehna hoga.
-
pair- aud/usd
time frame-daily
technical analysis-
http://i63.tinypic.com/23vasg4.jpg
the resistance trend line is break at the 0.7270 level and making a pull up also. this up movement is continue and now hit the weekly resistance at 0.7545 level. this may reject up movement. we can take short entry at the 0.7470 with profit target at 0.7270
good luck
-
China scares the Aussie
AUDUSD
March 14, 2016, 11:19
Sell on a level breakthrough of 0.7522 with 0.7472 target. Stop loss = 0.7572.
Reason for the trading strategy
The Aussie had a nervous reaction to the slowdown in the annual growth rate in China's industrial production from 5.6% to 5.4% in February. The buyers of the commodity currencies were not pleased by Moody's forecasts, according to which, the pace of China's economic growth will slow down to 6.3% this year, and to 6.1% in 2017.
AUDUSD, H1
https://www.exness.com/media/media/2.../14/audusd.png