Thread: Aud/Usd
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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.
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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 .
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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]
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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 wouldnt 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
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
TimeFrame -1H
After testing the 0.7415 level and steing above it with a help from the EMA50 which will lead certainlly to more bullish trend to target 0.7585 at first .
there is no selling signal for now .but if it came to break 0.7385 the pair risk more losses to target 0.7320 .
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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