today i like to sell this pair @ 0.8933
my stop loss of the day @ 0.8956
half take profit for today @ 0.8913
and further half take profit @ 0.8883
Thread: Aud/Usd
today i like to sell this pair @ 0.8933
my stop loss of the day @ 0.8956
half take profit for today @ 0.8913
and further half take profit @ 0.8883
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I think the pattern on the Break / U-turn on Aug. 2. In a pair AUDUSD, now after the fall and rebound support at 0.88885, while reducing volatility lot sold yesterday, just a little bit, and will be a sharp gash, and also in the last days of selling a solid seller, according to TD the last two days of volatility in the last 7 days 4.55 , rapper 0.90601, support 0.88885, 0.89922 resistance, I think there will be a break-down. Justification of the forecast - high volatility and the current price is below the benchmark.
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AUD / USD has stabilized below 0.90
*The Australian dollar has stabilized below the level of 0.90, as the market is pricing in 90% chance of a rate cut the Reserve Bank of Australia in August.
*The pair is around the level of 0.8930, slightly rebounding from a 35-week low of 0.8907.
*In the short term, the pair AUD / USD, probably not only be unable to pass up the level of 0.90, but will seek to decrease from 0.89. If this level is possible movement in the region of 0.86.
*In Nomura also believe that the rate will be reduced by 0.25% to 2.5%.
*Martin Wetton, an economist at Nomura, said: "in view of the six meetings this year and only one change of monetary policy (rate cut in May), we believe that the RBA will continue to act conservatively. While further reduction will be needed for the market there is a risk in the form of a pause after a meeting in August, where we can see a sale. "
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In general, all purpose, it can be assumed that the formation (iii)-waves achieved. Last - 0.8864 level corresponding to the length (iii)-wavelength equal length 261.8% (ii)-waves. But as for me, so I to determine their goals similar levels simply do not use.* I'll try to sell a pullback.
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aud/usd technical analysis by using : average directional movement index wilder(14) & stochastic(5,3,3)
adx wilder(14) level
style : 40.67
+di : 10.45
-di : 23.52
stochastic(5,3,3)
main : 49.18
signal : 42.43
time : 0900
date : 02.08.2013
timeframe : 1 hour
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The following data is predicted based on indicators that we use for the currency pair AUDUSD today, for today's resistance levels as follows: RI (0.0.8993) R II (0.9031) R III (0.9065). and to this day support levels as follows: SI (0.8877) S II (0.8856) S IIII (0.8805)
recommendation:
place your buy stop at 0.8961 profit target at 0.8981 (buyer zone)
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My daily trading,I hope the day is a success ...
AUD/USD (Daily Trade)
Resistance : 0.8945 0.9009 0.9116
Support : 0.8857 0.8770 0.8663
High / Low : 0.8944 / 0.8901
Running Price : 0.8903
for intraday trade today suggest SELL at the level 0.8940, stop loss at the level 0.8971, target take profit at the level 0.8864.
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AUD/USD analysis by using pivot indicator. (H4)
R3 0.90256
R2 0.89930
R1 0.89729
pivot 0.89403
S1 0.89077
S2 0.88876
S3 0.88550
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AUDUSD current movement in the monthly benchmark is trending down, reinforced with information weekly MA (120) under the monthly MA (480). means that sellers are dominating the market monthly. of weekly reference, the price has been trending down with the daily position of MA (24) is under (-1) SD BB weekly (120). means the seller is really dominating the market weekly. on a daily benchmark, the price is also trending down. the transaction is secure when it is sell. sell best looking entry. good luck
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The pair intraday analysis at H1 using williams percentage range and moving average are showing the pair major trend is bearish. It may continue today if the price is traded below the pivot level. Try to find good resistance and set Short order on it. Today SNR :
R3 : 0.9065
R2 : 0.9030
R1 : 0.8979
Pivot : 0.8941
S1 : 0.8887
S2 : 0.8852
S3 : 0.8801
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