AUD/USD analysis by using pivot indicator. (H4)
R3 0.92321
R2 0.91699
R1 0.91315
pivot 0.90693
S1 0.90071
S2 0.89687
S3 0.89065
AUD/USD analysis by using pivot indicator. (H4)
R3 0.92321
R2 0.91699
R1 0.91315
pivot 0.90693
S1 0.90071
S2 0.89687
S3 0.89065
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AUD/USD Signal Today August 9, 2013
The Aussie ended the session on Thursday with gains of 1.15%, versus the US dollar, closing at a nine- session high after extending its single largest daily gains in three weeks. The broke out of resistances at 0.9000- 0.9040; bottom end of the near term bearish channel and could be headed to 0.9250- 0.9275 once resistances at 0.9140 are taken out. However, the medium term targets at 0.8400- 0.8500 remain intact; targets for the symmetrical triangle in a downtrend
Trend direction
Short term: Bearish
Medium term: Bullish
Long term: Bearish
Trading Recommendations
Short:
At 0.9140 with a stop at 0.9180 for a profit target of 0.8980
Long:
At 0.9180 with a stop at 0.9130 for a profit target of 0.9260
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aud/usd technical analysis by using : average directional movement
index wilder(14) & average directional movement index(14)
on 09.08.13
timeframe : 1 hour
time : 1100
market trand : up
adx wilder(14) level
style : 31.96
+di : 29.61
-di : 13.10
adx(14) level
adx : 23.46
+di : 22.79
-di : 13.97
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Bulls were resistance 0.9130. This level of support now. I suppose that if the bulls still manage to consolidate above this level, then bulls will continue to strengthen with the closest possible target resistance 0.9233. If the Bears still dive and fixed below this support, then the purpose of 0.9005
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elliott elongated flat correction down 0.8839 market should not go lower than 0.8885 - 0.8751 this move down it should go up to 0.9093 - 0.9167 area
support and resistances
res2 0.9435
res1 0.9167
piovt 0.9019
sup1 0.8751
sup2 0.8603
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As you see in my following chart, the pair traded between a high of 0.9023 and a low of 0.8918 closed at 0.8998. Today the pair trades above the support level of 0.9030.
Upside Scenario: If the support level of 0.9030 holds, the pair could rise to the levels of 0.9130, then 0.9190.
Downside Scenario: In the case of a break below the support level of 0.9030 and we could see the levels of 0.8970 then 0.8890.
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This currency pair Australian dollar today is the beginning of growth and break the resistance level tsene0.90858 and continued to grow and now the pair is trading at price 0.91192 in my opinion a couple can continue to rise to the level of resistance in the price of 0.91465 and resistance otєtogogo couple can start a correction to 0.90858 and possibly below.
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AUD/USD analysis by using pivot indicator. (H4)
R3 0.90861
R2 0.90456
R1 0.90206
pivot 0.89802
S1 0.89397
S2 0.89147
S3 0.88743
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Today the pair has managed to overcome the strong resistance zone to consist of moving the alligator-and then formed the northern wave, now the pair is trying to strengthen punched above 9100 figures, the bulls maintained good potential for further growth in the near future because the resistance is in the 9300-figure to him and going.
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today i like to sell this pair @ 0.9110
my stop loss of the day @ 0.9133
half take profit for today @ 0.9067
and further half take profit @ 0.9033
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