Aud/Usd

[pritishahfx]

AUD USD awaits the breach

The AUDUSD pair continues to move within sideways track as appears on the above chart, and we are still waiting to breach 0.7830 key resistance to activate the positive effect of the inverted head and shoulders’ pattern, which supports the continuation of our positive overview on the intraday basis.

Stochastic offers positive signals that encourage us to suggest rising in the upcoming sessions, which its continuation conditions holding above 0.7745 and the most important above 0.7655.

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

Expected trend for today: Bullish

[ducd3vaizo]

Daily Forecast

Pair: AUDUSD
Major Trend: Bearish
Time Frame: H1
Reason: It is predicted that the market will still be shut shadow on yesterday. Market predictable headed to 0.7749 or 0.7727, to this day.
Recommendation: Sell now

[pritishahfx]

The pair began today's trading with a bearish price gap that took the pair below 23.6% correction, waiting to cover this gap on the way to the upside to extend bullishness that is still favored over intraday basis, which depends on stabilizing above 0.7710. Our initial targets start at 0.7880 and extends to 0.7960.

Support 0.7710 0.7675 0.7625 0.7535 0.7500
Resistance 0.7780 0.7880 0.7960 0.8040 0.8135
Recommendation
Positive expectations above 0.7780, risk-limit below 0.7710.

---------- Post added at 04:20 AM ---------- Previous post was at 12:59 AM ----------

update for AUD USD

The AUDUSD pair shows some positive attempts to approach from the key resistance –which we are waiting to breach- at 0.7830, and the price gets good positive support from stochastic, which encourages us to keep our bullish overview for today, which targets 0.8000 areas mainly, while achieving it requires holding above 0.7675.

Expected trading range for today is between: 0.7675 support and 0.7900 resistance.

Expected trend for today: Bullish

---------- Post added at 07:54 AM ---------- Previous post was at 04:20 AM ----------

AUD USD attempts to activate the positive pattern

The AUDUSD pair is attempting to breach the key resistance 0.7830 again, which represents the neckline of the inverted head and shoulders’ pattern that appears on chart, reminding you that confirming this breach will push the price towards 0.8000 areas.

Therefore, we will continue to suggest the bullish trend in the upcoming sessions conditioned by holding above 0.7745 and the most important above 0.7665 levels.

Expected trading range for today is between: 0.7700 support and 0.8000 resistance.

Expected trend for today: Bullish

---------- Post added at 08:15 AM ---------- Previous post was at 07:54 AM ----------

AUD/USD Daily Outlook

Daily Pivots: (S1) 0.7754; (P) 0.7793; (R1) 0.7840

4H
Intraday bias in AUD/USD remains neutral as consolidation from 0.7625 continues. More sideway trading would be seen with risk of another rise. But we'd expect upside to be limited by 0.8032/8294 resistance zone and bring down trend resumption. Break of 0.7625 will target next long term fibonacci level at 0.7182.

---------- Post added at 08:20 AM ---------- Previous post was at 08:15 AM ----------

D1

In the bigger picture, the down trend from 1.1079 is still in progress with solid downside momentum. Current fall could be correcting the long term up trend from 0.4773 (2001 low). Such down trend would possibly target 61.8% retracement of 0.4773 to 1.1079 at 0.7182 and below. On the upside, break of 0.8659 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of recovery.

---------- Post added at 06:56 PM ---------- Previous post was at 08:20 AM ----------

Midday update for AUD USD

The AUDUSD pair bounced to the downside clearly after attempting to breach 0.7830 level this morning, as the price was affected by the EMA50 and stochastic negativity, but, until now, holding above 0.7745 keeps the positive scenario valid for today, supported by stochastic reach to the oversold levels, and the price needs to breach 0.7830 to confirm rallying towards 0.8000 mainly.

Expected trading range for today is between: 0.7700 support and 0.8000 resistance.

Expected trend for today: Bullish

---------- Post added at 07:59 PM ---------- Previous post was at 06:56 PM ----------

The pair is trading again above 0.7780 after covering the price gap referred to yesterday, which support extending the expected upside move over intraday basis targeting next 0.7880 then 0.7960. Breaking 0.7780 then 0.7710 pushes the pair back to the downside and halts the current bullish correctional move.

---------- Post added at 08:05 PM ---------- Previous post was at 07:59 PM ----------

Support 0.7780 0.7710 0.7675 0.7625 0.7535
Resistance 0.7880 0.7960 0.8040 0.8135 0.8200
Recommendation
Positive expectations above 0.7780, risk-limit below 0.7710.

---------- Post added at 08:12 PM ---------- Previous post was at 08:05 PM ----------

Over the past two week, the pair seems to consolidate near 100% Fib. expansion level and every attempt to mark a meaningful recovery seems to get sold into above 0.7800 near 0.7850 area, eventually taking the pair back below 0.7800 mark. Hence, a break on either side would now indicate the near-term directional move for the pair. Should the pair start trading below 0.7750-30 immediate support area, it seems more likely to retest its recent lows support near 0.7625-20 area and continue dropping further in the near-term towards its next important support near 0.7470-60 zone, comprising of a short-term descending trend-line support and 161.8% Fib. expansion level. Alternatively, a decisive strength above 0.7850 now seems provide the required momentum for the pair to make an attempt to test an important psychological mark resistance of 0.8000, also nearing 61.8% Fib. expansion level support turned resistance.

[mianshabbir01]

AUDUSD Analysis & Signals 09/02/15


Order BELOW
SELL LIMIT
Sell at 0.7835
Take Profit at 0.7780
Stop Loss at 0.7878

[Bieela]

Buy signal is very strong, because of the small MA line was cut large moving average line. This indicates there will be a fairly strong up trend. Likely to reach the level MR2 or may be higher than that. It is appropriate to conduct a buy at this time.

[pritishahfx]

D1

In the bigger picture, the down trend from 1.1079 is still in progress with solid downside momentum. Current fall could be correcting the long term up trend from 0.4773 (2001 low). Such down trend would possibly target 61.8% retracement of 0.4773 to 1.1079 at 0.7182 and below. On the upside, break of 0.8659 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of recovery.

[ducd3vaizo]

Daily Forecast

Pair: AUDUSD
Major Trend: Bullish
Time Frame: H1
Reason: Gap formed today, has been closed. Market remains bullish, although not yet penetrated 0.7815, the center line of the BB, can be penetrated. possible corrections in 0.7789
Recommendation: Buy Limit at 0.7791

[pritishahfx]

4H

Daily Pivots: (S1) 0.7755; (P) 0.7815; (R1) 0.7852.

AUD/USD weakens mildly after failing to sustain above 4 hours 55 EMA but is staying above 0.7625. More consolidation could be seen in near term with risk of another rise. But we'd expect upside to bel limited by 0.8032/8294 resistance zone and bring down trend resumption. Break of 0.7625 will target next long term fibonacci level at 0.7182.

[Gamabunta]

I think that we should wait until the price break the support level at 0.7731, than we get in short position with take profit at 0.7623.

[pritishahfx]

D1

In the bigger picture, the down trend from 1.1079 is still in progress with solid downside momentum. Current fall could be correcting the long term up trend from 0.4773 (2001 low). Such down trend would possibly target 61.8% retracement of 0.4773 to 1.1079 at 0.7182 and below. On the upside, break of 0.8659 support turned resistance is needed to be the first sign of medium term bottoming. Otherwise, outlook will stay bearish in case of recovery.

---------- Post added 02-09-2015 at 08:02 AM ---------- Previous post was 02-08-2015 at 02:24 PM ----------

Weekly
In the longer term picture, current development argues that fall from 1.1079 would target 61.8% retracement of 0.4773 to 1.1079 at 0.7182 and below.

---------- Post added at 08:15 AM ---------- Previous post was at 08:02 AM ----------

AUD USD gathers the positive momentum

The AUDUSD pair bounced bearishly after the attempts to breach 0.7830 level, to get positive momentum coming from stochastic on the intraday time frames, which supports the chances of resuming the breaching attempts, waiting to activate the positive effect of the inverted head and shoulders’ pattern that will support the expectations to target 0.8000 areas mainly.

Therefore, we will keep our positive overview for today unless breaking 0.7675 level and holding below it.

Expected trading range for today is between: 0.7675 support and 0.7900 resistance.

Expected trend for today: Bullish