Thread: Aud/Usd
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\\\\\failed to rescue the pair from falling even sloping long lines and 200 sliding on the daily chart, the course after a small correction nevertheless resumed southern lower then broke week low and continues to decline, about north until you can forget, the goal is now 1.0200 figure.\\\\\
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Pair as I expected continues to fulfill the northern lights out from the bottom of the channel, he decided to just add another purchase because the RSI on the daily chart shows a buy signal, and held a retreat from the 200 moving (daily chart), to the same pair does not react to strengthening of the dollar index, which gives a strong signal that the bulls are still holding long positions and they are sure to continue to grow.
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Just entered a strong signal to sell the pair failed to strengthen above the moving alligator (about which held a strong area of the upper resistance fractal 0334), these levels did not let a couple further north and from the course resumed decline, more signal was received from the sale and stochastics are also broken down zone fractal, what the trend to the south again in force.
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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.
AUD/USD technical analysis for 07.02.2013 by using : Indicator RSI (14)
If the currency pair made it through the resistance level of 1.0332 will likely potential targets towards next resistance level at 1.0355 and the furthest 1.0375 - 1.0418. And if instead got past level of support at 1.0284 would likely potential targets towards next support at 1.0259 and the furthest range 1.0233/23 - 1.0180.
Indicator RSI (14), leads to the bottom line indicates the direction of the potential drop.
Movement range:
Short: 1.0280 - 1.0335
Normal: 1.0230 - 1.0380
Width: 1.0175 - 1.0425
Market Trends:
Short-Term: Consolidation
Medium-Term: Bearish
Long-Term: Bullish
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aud/usd
the pair is in downtrend and it is not moving up and able to break the resistance at 1.0370 now the price 1.0340 is also acting as resistance if this resistance is break then price will try to move 1.0370. in the lower side if price is close below 1.0295 we can short this pair.
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.
Aud/usd analysis by using : moving averages.
date : 02.07.2013
time frame : 15 min
ema5 : 1.0322 signal-sell.
ema10:1.0330 signal-sell.
ema20:1.0339 signal-sell.
time : 04:30 GMT
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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