Aud.usd bi aik acha trading pair hay agar ap is ko samaj ati hay to ap achi earning ker saktay ho magar is pair ko samajna must ho ga is liye ye sab say acha trading pair hay mujay to is pair ki samaj nahi ati.
Thread: Aud/Usd
Aud.usd bi aik acha trading pair hay agar ap is ko samaj ati hay to ap achi earning ker saktay ho magar is pair ko samajna must ho ga is liye ye sab say acha trading pair hay mujay to is pair ki samaj nahi ati.
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Elliott: impulse wave up 1.0495
Current rise seems to be over near 1.0441 or 1.0467 for a retracement towards 1.0415 - 1.0399 area.
Warning: End of trend - Imminent end of bullish move
Technical points
Key point 1.0463
Entry point 1.0408
Elliott 1.0331
Closing 1.0435
Projection 1.0474
Trendline 1.0358
Trendline 1.0394
Supports / Resistances
Res 2 1.0499
Ex-High 1.0447
Res 1 1.0467
Pivot 1.0415
Sup 1 1.0383
Ex-Low 1.0364
Sup 2 1.0332
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Expected trading range for today is between: Support 1.0400 and resistance 1.0600
General tendency is expected for the day: UP
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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.
The pair has reach resistance at 1.04407. If the pair stays above this level the pair will rise to 1.05332.
Resistance: 1.04407, 1.05332, 1.06164
Support: 1.03535, 1.02558, 1.01744
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Aud/usd technical analysis for 07.11.2012 by using : Auto pivot indicator.
resistance 3:1.0552
resistance 2:1.0501
resistance 1:1.0467
pivot point :1.0416
support 1:1.0382
support 2:1.0331
support 3:1.0297
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now aud/usd has been start to move down side. look in h4 chart we can see two doji candlestick pattern that is going to follow by a bearish candle. we can see down movement till touching the trend line 1.0350 after again upmovement is expected.
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After moved up strong until get a new highest price (1.0446), AUDUSD shown in sideways pattern with limited area betwen 1.0414-1.0445. Price stay in overbought condition and has been confirmed by OB stochastic signal in tf h4. Now, price retrace down but holded by daily pivot level (1.0414).
AUDUSD had broken the 1.0396 resistance level strongly yesterday. Now, I think AUDUSD still in bullish sentiment and has a chance to continue the up trend today. I think AUDUSD has a potential to touch the resistance level at 1.0463 or even higher today.
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The break of 1.0418 minor resistance indicates that rebound from 1.0148 has just resumed. Intraday bias is back on the upside for 61.8% retracement of 1.0624 to 1.0148 at 1.0442. Based on the current momentum, AUD/USD could break through this resistance. But we'd expect strong resistance below 1.0624 to bring another fall to continue recent consolidations. Meanwhile, break of 1.0330 minor support will turn bias back to the downside for 1.0235 and below.
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