Aud/Usd

[pritishahfx]

AUD USD approaches the resistance again – Analysis - 06/03/2015

The AUDUSD pair trades positively now to approach from the main bearish channel’s resistance that declines now to 0.7850, as the price is affected by stochastic positivity, while the main bearish bias still valid as long as the price is below the mentioned level, and it needs to break 0.7775 to reinforce the decline expectations.

Our first main target is located at 0.7645, and it’s important to note that breaching 0.7850 level and holding above it will push the price to target 0.8000 then 0.8120 levels.

Expected trading range for today is between: 0.7700 support and 0.7900 resistance.

Expected trend for today: Bearish

---------- Post added at 03:40 PM ---------- Previous post was at 03:19 PM ----------

Midday update for AUD USD 06/03/2015

The AUDUSD pair shows sideways and tight trading since morning, noting that stochastic is losing its positive momentum clearly, which supports the continuation of the general negative scenario, which its targets begin at 0.7645, while the expected decline will remain valid unless breaching 0.7850 level and holding above it.

Expected trading range for today is between: 0.7700 support and 0.7900 resistance.

Expected trend for today: Bearish

[zxcvb]

The price of the pair moves starting from the wave (0.7860) It is noted that the limits of the main trend line drawn for this wave along the between-level (0.7821) and (0.7841 It is worth mentioning that the current wave goal access to the area (0.7752)

[pritishahfx]

AUD/USD Daily Outlook

Daily Pivots: (S1) 0.7787; (P) 0.7823; (R1) 0.7853

Intraday bias in AUD/USD remains neutral for the moment. Price actions from 0.7625 are viewed as consolidation pattern. Break of 0.7739 minor support will argue that such consolidation is possibly completed. In such case, intraday bias is turned to the downside for 0.7625 first. Break will target next long term fibonacci level at 0.7182. Above 0.7912 will extend the recovery but in that case, upside should be limited by 0.8032 support turned resistance and bring down trend resumption.

[ng1985]

pair- aud/usd
time frame to analysis- m15



the price is having up trend with the parabolic sar indicator. down movement is hold at the daily pivot point 0.7791 level and price is making pull up. hold the long entry with profit target at the daily resistance 0.7830 and stop loss at the 0.7785
good luck

[Mcmoney]

This is a very good opportunity to goe short and its having a good risk chance ratio and we should maybe trade short and look how its running, maybe we can make ouer ppositions bigger step by step but later we should be carefull because the non farm payrolls are comming.

[kelvin566]

the cross aud jpy trade between 0.7906 and 0.7745 it still in distribution phase any trade under 07745 is conformation that the cross will continu it s down trend however any trade above the 0.7906 is a conformation that the cross enter on a correction phase the 0.7906 and 0.7745 level are until now the main support and resistance we have to wait for imortant news to shows big movement

[zxcvb]

The price of the pair moves starting from the wave (0.7752) It is noted that the limits of the main trend line drawn for this wave along the between-level (0.7842) and (0.7797 It is worth mentioning that the current wave goal access to the area (0.7851)

[5258]

I already placed a buy order but we will see some drop in price and then it will break the resistance as mentioned above so better just chk out this pair if 1.0650 buy it from my opinion...

[Gamabunta]

Basic levels for AUD/USD:

0.7900 / 875: Sell Medium / Fibonacci retracement Offers rate of 76.4% for the movement of the descending from 0.7913 to 0.7752.

0.7850: medium-sale offers.

0.7800: Sentry purchase requests.

0.7793: Fibonacci 61.8% for the emerging movement from 0.7752 to 0.7860.

0.7780 / 50: Purchase requests medium.

0.7700: Purchase requests medium.

[ng1985]

pair- aud/usd
time frame to analysis- m15



the price is break the triangle chart pattern at the support 0.7800 level. the parabolic sar is also in the down trend side but the rsi is showing oversold level. so correction in price can expected. hold the short entry with stop loss at 0.7830
good luck