Thread: Aud/Usd
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aud/usd is currently trading at 1.0136 with today's high is 1.0203 and 1.0115,this pair trade with strongly downward pressure so i feel for today i go for sell this pair near 1.0175 with sop loss of 1.0203 which is today's high.
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.
If we look on H4 time frame, we can see there's a double bottom chart pattern. So, as we know, that pattern can be a reversal signal to go up. So, in my view AUDUSD will try to break the resistance level at 1.0213. If that success, AUDUSD will continue going up to the next resistance level at 1.0257 or higher. This set up will fail if AUDUSD falls and break the last Friday's low.
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.
Aud/usd analysis for 03.04.2013 by using : pivot indicator.
r3: 1.0298
r2: 1.0271
r1: 1.0237
pivot : 1.0210
s1: 1.0176
s2: 1.0149
s3: 1.0115
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.
Too Much Leverage Will Kill You
HH = Higher High, HL = Higher Low, LL = Lower Low, LH = Lower High, CofT = Change of Trend
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AUD/USD intraday: the downside prevails.
Pivot: 1.0185
Our preference: Short positions below 1.0185 with targets @ 1.0105 & 1.008 in extension.
Alternative scenario: Above 1.0185 look for further upside with 1.0215 & 1.0255 as targets.
Comment: the pair has broken below its support and remains on the downside, the RSI is badly directed but is also oversold.
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.
The results of mixed data coming out in Australia, has just been released, has brought a couple AUD / USD fell to a new low scoring nearly 5-months in 1.0178 in Australian building permits were worse than expected, showing a decrease month to month - 2.4% year-over-year although still higher than before. On the other side of the ANZ job vacancies rose almost 12 months at 3% rate month to month, all of which leave the AUD / USD almost unchanged today at 1.0185, down -0.14% so far this day.
"Grfik one hour show prices limited by SMA 20 as indicators stood below the middle, although no reinforcement: the price should break below 1.0180 support nearby, to try to test the 1.0150 area, where the buying interest is reported to be aligned,
Support: 1.0178, 1.0168, 1.0157
Resistance: 1.0220, 1.0210, 1.0199
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.
Pair : AUDUSD
Updated : Mon, Mar 04 09:36
Price : 1.0161
Movement : -41.6 Pips
Movement : -0.41%
Support : 1.0150
Pivot : 1.0209
Resistance : 1.0268
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.
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