Thread: Aud/Usd
a little frayed but still southern wave continues the formation, moving alligator made a turn to the south and now work out the role of the trend line resistance, it came close to them couple opened another sale, now the main task of the bears will be a breakthrough 0500 figures, I think the movement should be resumed with the opening of the U.S. session.
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The pair is trading downside last week but the pair is still trading in the ascending channel' The Linear Regression Indicator also supports our expectation. The stochastic also cross positively. According to my chart analysis, I prefer to buying the pair above 1.0495 with targets 1.0585, 1.0615 then 1.0650 and stoploss with four hour candle closing below 1.0435.
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On the hourly chart aud / usd has become viewed bearish channel, just a couple came close to the upper boundary of the channel around which already had a small stop, I'm waiting for him to start falling to the south, and on the daily chart the formation of new long-term noticeable southern wave.
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The pair is consolidating in the narrowing Triangle. Upper resistance is 1.05810. Lower support is 1.00031.
Resistance: 1.05810, 1.07806, 1.09604
Support: 1.03847, 1.01873, 1.00031
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aud/usd technical analysis by using : adx
adx : 16.5678
+di : 17.2037
-di : 21.2473
timeframe : 1 hour
date : 21.01.2013
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sell aud/usd at the level 1.0524 with targets at 1.0464 and 1.0431, but in case of breaking the level 1.0531, then buy at this level with targets at 1.0567 and 1.0603
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Pair hovering a round the level 1.0510 ahead of the opening of European trading
retain it,s positive momentum at the start of trading this week just before the opening of the European session
after a good performance during the night trading
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AUD/USD pair is my some of best pair. Here small traders can earn some good money! I am still buying here and making some profit almost all time.
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short positions at 1.0520 with 1.0480 and 1.0440 as next targets
the breaKOUT OF 1.0540 will call for arebound towards 1.0560
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sub ki post achi ha aur/usd ma jitni bar be trade ki ha ma muje loos he huwa ha muje aur/usd ki market ki smj
nahi ayti ha zaydea tar markt slow he hoti ha jis waja sa humasa is pair ma loos he huwa ha.
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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