Aud/Usd

[romario]

Current trend jo hai woh upward trend pe hai aur badme target hai 0.8300 then 0.8335 agar price niche ki aur gaya toh lowest point hai iska 0.8210, breaking the trend turn to the downside targeting 0.8175 then 0.8145

[Gamabunta]

Continue the Australian dollar against the US dollar to fluctuate around the level of 0.7000, noting that the stochastic starts intersection negatively on the time frame of four hours, which supports our expectations consistently bearish overall trend, and following his goal, which resides at 0.6800.

[Gamabunta]

Australian dollar versus the US dollar shows a side and a narrow trading range since this morning, and as long as the price without descending channel resistance, we will continue tipping the downward trend in the coming period, and that his first goal resides at 0.7000.

[Julien Ghali]

The Chicago Purchasing Managers' Index (PMI) is a diffusion index incorporating survey results provided by manufacturing firms around the Chicago area. A reading above fifty suggests the manufacturing sector is expanding, while a reading below fifty suggests the manufacturing sector is in contraction. The Chicago PMI can be of some assistance in forecasting the ISM manufacturing PMI.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.

[edmar6969]

Trading Signal - 31/08/2015 - 10:00 (GMT +3)
Instrument: AUDUSD
Time : 60min CHART
Trend & Condition : Downwards Strong
Waiting for the downward break of 0.7120 support level which will complete a bearish trend reversal
pattern to go SHORT. Only the upward break of 0.7180 would cancel the bearish scenario and take us LONG.
Support & Resistances :
0.7120 0.7180
0.7080 0.7210
0.7020 0.7280

[Gamabunta]

Pivot Point: 0.7150
Our preference: Long Center for the purchase of over 0.715. Target 0.725.0.7280,0.7320
Alternative scenario: Breaking under .715, to open 0.712,0.7095
Technical Comment: The pair continues to support the region, expectations for further progress.

[nhawan429]

Economic Calendar

Monday Aug 31, 00:30 ----;Australia TD Securities Inflation (MoM)
Medium--prv--- 0.2%

Monday Aug 31, 00:30 -------Australia -----TD Securities Inflation (YoY)
Medium ---prv----1.6%

Monday Aug 31, 01:00 -----Australia---- HIA New Home Sales (MoM)
Medium -----0.5%

Monday Aug 31, 01:30 -----Australia -----Company Gross Operating Profits (QoQ)
Low ----prv----0.2% ----expt---- -1.7%

Monday Aug 31, 01:30------- Australia Private Sector Credit (YoY)
Medium----prv--- 5.9%

Monday Aug 31, 01:30 --------Australia----- Private Sector Credit (MoM)
Medium ----prv---0.4% -----expt----0.5%

[Gamabunta]

Approaching the Australian dollar versus the US dollar ****ually from the main descending channel resistance that exists now at the 0.7220 level, noting that Stochastic saturation signals evident in the purchase now, along with the SMA 50 continues to form a negative pressure on intraday trading and short-term.

[Gamabunta]

Australian dollar versus the US dollar shows some slight upside bias since morning, while Stochastic reaches the threshold of overbought areas, reinforcing expectations the resumption of the downward trend that moves within the main descending channel, supported by 50 moving average.

[Gamabunta]

Australian dollar versus the US dollar shows a side and a narrow range since this morning's trading, with the note that the Stochastic provides a positive crossover may maintain fluctuation lateral list for some time, but in general, there is still a scenario the overall downward trend in place and effective steadfastly price without resistance level channel which resides at 0.7255, waiting for the trend towards 0.7000 and 0.6800 in the near term.