SubscribeAUD/USD i am looking to buy @ 1.0350 and 1.0310
stop loss @ 1.0240
half take profit @ 1.0375 and half @ 1.0410
Thread: Aud/Usd
AUD/USD i am looking to buy @ 1.0350 and 1.0310
stop loss @ 1.0240
half take profit @ 1.0375 and half @ 1.0410
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AUD/USD intraday: the downside prevails.
Pivot: 1.04
Our preference: Short positions below 1.04 with targets @ 1.034 & 1.032 in extension.
Alternative scenario: Above 1.04 look for further upside with 1.044 & 1.0475 as targets.
Comment: the pair has struck against its resistance and should face further weakness as the RSI stands below its neutrality area and is badly directed.
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now sellers dominate the market for aud / usd. ranging from weekly sellers, and sellers daily. greatest probability is sell. but buyers still dominate the market monthly. safely sell if the price moved through buyer-seller monthly balance. use your favorite strategies and just take sell signals. areas that may target the 1.0355 and the 1.0395 price
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we can see in the m30 chart
the pair will go up to fibo 50.0
I see the pair will go to up way to 1.0418
stochastic refers that the pair will go up
so our target buy from 1.0377 and our target will 39pips
Good luck
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elliott elongated flat correction down 1.0331 current fall is near an end of wave around 1.0355 zone arally shoud then proced to above 1.0438 fall below 1.0314 would cacel this scenario
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When pair at level 1.0376 Vigor Index (RVI) and Gator Oscilators indicators show below zero but Accumulated Oscilator (AO)is positive value it means pair is still in neutral mode but tends to bearish, then fast stochastic line is intersecting slow line near buy border level 20 as strong reversal as bullish movement
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Aud/usd analysis for 04.08.2013 by using pivot indicator.
r3: 1.0510
r2: 1.0473
r1: 1.0428
pivot: 1.0391
s1: 1.0346
s2: 1.0309
s3: 1.0264
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I think, today AUD/USD will bearish, beacuse it is belom MA 21 and below R1, so I place SELL with TP 30 PIP
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
As you see in my following attached chart, ascending channel has been broken downy and retest completed+ double tops has been formed, so bearish movements are expected. it is better to sell the pair @ 1.04 with target 1.03
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