Aud/Usd

[aliv]

AUDUSD long term basis on weekly and monthly timeframes still in a strong bearish, but the week uptrend as the market experienced a price correction after a prolonged bearish, I think the market will move back after touching resisiten correction at 0.9364 price, so the price is still next week likely to rise again

[fshonest]

aud/usd forecast:
current price: 0.9199
when the end of the market yesterday, we can see in the H4 time frame chart, the last candlestick has form a long doji pattern. and from the daily chart we can see the price has been very close with the strongest resistance (moving average period 50).
doji pattern means that most of the big investor has been pull out from buying and change into selling.
in this case, there are very high probability that this pair will go down when the market open in monday morning.
if we use fibonacci retracement measuring the big up wave, we can find our first take profit target with fibonacci 38,2% at 0.9115 and full exit with fibonacci 50% at 0.9075
good luck...

[AMIRA]

elliott elongated flat correction down 0.8839 market should not go lower than 0.8885 - 0.8751 after 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

[roobin54]

hi

aud usd

pattern: butterfly




http://pcm-fx.com/englishforum/showt...=2890#post2890

[ninjaa2]

Aud/usd

I want to sell this pair at 0.9194
my stop loss of the day at 0.9234
half take profit for today at 0.9165
and further half take profit at 0.9157

[Agassi]

Yes, the trend turns out very good in the opposite direction ... now we can see that the histogram just flies away to the north side ... and I think in those days to trade only on the top and the maximum that can affects the estimated level of support at 0.9130 .... so that with such a forward movement 0.9300 mark ...

[meforall]

aud/usd last day technical analysis by using : average directional movement index wilder(14) & average directional movement index(14) on 10.08.13


timeframe : 1 hour
time : 2300
market trand : up

adx wilder(14) level

style : 47.42
+di : 30.20
-di : 8.58

adx(14) level

adx : 56.19
+di : 23.48
-di : 6.51

[ninjaa2]

On a technical level the pair walking bearish channel on the daily Frame
Where in my opinion that any current rise will serve as a correct

[eltayebforex]

AUDUSD Elliott Wave
For the last few days the AUD/USD pair was trading upwards, our first invalidation was broken, so we adjusted our wave count a little bit. Yesterday, during the Asian and European sessions we could observe ascending movement from 0.9040 towards the 0.9133 level. Therefore, during the New York session this major currency did not manage to hold this levels and the price retraced back to 0.9083. At the moment, the AUD/USD pair is trading around 0.9152 and we are expecting to see end of the .c wave of the bigger W wave in the next few sessions. In accordance with our wave rules and taking into account that wave X should retrace 50% of wave X, we can define the potential targets with measuring wave W with take profit at 0.9010 (50% of wave W). To reduce the risk, we can use resistance point at 0.9130 level as stop loss.

Support and Resistance
(S3) 0.8861 (S2) 0.8922 (S1) 0.9011 (PP) 0.9072 (R1) 0.9161 (R2) 0.9222 (R3) 0.9311

Trading forecast
Proceeding from Elliott Wave rules today, the trend is expected to begin the upwards movement. That is why long positions at the level of 0.9100 with stop loss at 0.9130 and take profit at 0.9010 are recommended.

[AMIRA]

elliott flat correction up 0.9183 up trend is still intact in a triangle configuration it should continue to rally to 0.9153 or 0.9168 if support around 0.9071 hold after which a pullback to 0.9071 - 0.90038 zone is possible
support and resistances
res2 0.9232
res1 0.9168
sup1 0.9006
sup2 0.8909