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As more risk coming in the market and AUDUSD starting to gain more and more its fully bullish at the moment only 1.0460 area remained intact if market breach this area than chances will be for more upside gains. so sellers should be care full.
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AUD/USD intraday: the bias remains bullish.
Pivot: 1.034
Our preference: Long positions above 1.034 with targets @ 1.041 & 1.044 in extension.
Alternative scenario: Below 1.034 look for further downside with 1.0305 & 1.0275 as targets.
Comment: the pair is facing a pull back ahead of further advance, the RSI is reversing up.
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Aud/usd analysis for 03.21.2013 by using pivot indicator.
r3: 1.0452
r2: 1.0428
r1: 1.0403
pivot: 1.0379
s1: 1.0354
s2: 1.0330
s3: 1.0305
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Aud/usd technical analysis by using moving averages.
date : 03.21.2013
time : 0630 GMT
time frame : 15 min
sma200 : 1.0377 signal- sell.
sma100 : 1.0382 signal- sell.
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.
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.
trend reversal is starting for this pair after fast stochastic line is crossing slow stochastic line near buy border level of stochastic 20 while pair around level 1.0364 it means now pair is continuing this uptrend movement as strong reversal although pair is still in sideway movement for several hours
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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.
already placed a buy order but we will see some drop in price and then it will break the resistance as mentioned above and then target is all time high 1.10 level
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