Aud/Usd

[edmar6969]

Trading Signal - 18/09/2015 - 10:00 (GMT +3)
Instrument: AUDUSD
Time : 60min CHART
Trend & Condition : Upwards Strong
The TP1 has been reached. We closed 50% of our position and have moved the Stop loss at the lock in profits level (0.7140).
Provided the market conditions will remain the same the TP2 will be reached soon.
Support & Resistances :
0.7138 0.7223
0.7053 0.7275
0.7001 0.7360

[Gamabunta]

It is necessary to pay attention to that stability above 0.7165 levels and 0.7115 represents an important condition for the continuation of the proposed increase.

Expected trading range for today between 0.7100 support and 0.7350 resistance scale

[ng1985]

pair- aud/usd
time frame analysis- m15

technical analysis-



the price may set up the double top chart pattern at the resistance 0.7270 level. it is having down trend signal with parabolic sar and the movement of the rsi is also out of overbought level. short with take profit at 0.7225 and stop loss at the 0.7290
good luck.

[Gamabunta]

Keep the Australian dollar against the US dollar on its stability over previously breached descending channel resistance level, and gets positive signs through the stochastic and moving average 50 index, which supports the continuation of our expectations to the upside effectively during the coming period, pending a visit level of 0.7415 as a major goal first.

[Gamabunta]

Australian dollar against the US dollar made an attempt to break the support of the rising wedge yesterday, but without being able to base below, to continue to fluctuate around the descending channel resistance, pending confirmation break the 0.7140 levels and 0.7075 to strengthen outlook resume overall downward trend, which targets start at 0.6900 and extends to 0.6800.

[Gamabunta]

Opens the Australian dollar against the US dollar trading today positively remarkable to penetrate the main descending channel resistance, noting that the price fluctuation due to this resistance when influenced by negative reference provided by the stochastic, which keeps a list of the opportunities to restore the main trend downward.

[Ex.ness Support]

AUDUSD: consolidation in the rang of 0.7041-0.7130

AUDUSD
Sept. 14, 2015, 08:56
Buy on rebound from the level of 0.7041 with 0.7130 target. Stop loss = 0.6990.

Reason for the trading strategy

In January, the volume of industrial production in China grew by 6.1% (y/y) with a forecast of 6.3% (y/y); investment in fixed assets increased by 10.9% (y/y) with a forecast of +11.2% (y/y); and retail sales increased by 10.8% (y/y) with a forecast of +10.6% (y/y). The statistics is mixed. The softening monetary policy in China leads to a ****ual improvement of the situation in the country's real sector and supports the commodity currencies.



AUDUSD, H4

[Gamabunta]

Is a moving average of 50 ground support good instantaneous now at 0.7035, which hinder attempts Australian dollar versus the US dollar to resume the main bearish direction, while Stochastic provides a negative signal clear wait to stimulate the price to break this level and then push the price lower.

[Gamabunta]

Touched the Australian dollar against the US dollar the main descending channel resistance which now fall to 0.7095, where maintaining price stability without this resistance, noting that the stochastic starts to provide a negative crossover on the time frame of four hours, which supports the continued bearish scenario during level the next period, which targets start at 0.6920 and extend to 0.6800.

[Gamabunta]

It continued the Australian dollar against the US dollar to rise yesterday to near the descending channel resistance which resides at 0.7125 level, accompanied by the emergence of a large saturation signals in the purchase through the stochastic, which supports the chances of resuming the main bearish direction, relying mainly on the stability of the price within the channel mentioned.