SubscribeAUD/USD
BUY
Entry :- 1.03530
TP1 :- 1.04039
TP2 :- 1.04549
SL :- 1.02516
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend
Thread: Aud/Usd
AUD/USD
BUY
Entry :- 1.03530
TP1 :- 1.04039
TP2 :- 1.04549
SL :- 1.02516
Note this is just my attempt to predict the price could be right or wrong stop-loss order is very important must put always follow the trend
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Narrow range regulates the movement of Australian pair against the U.S. dollar since the morning, to oscillate near the level of 1.0365 is expected breakout, which makes us keep the proposed scenario am standing as what is not broke the 1.0245 level
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Pivot point (level of invalidation): 1.0325
Our preference: Long positions above 1.0325 with targets at 1.04 and 1.0415 in extension.
Alternative scenario: Below 1.0325, we expect further downside with 1.03 and 1027 targets.
Technical Comments: the RSI is well directed.
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aud/usd continues attempts to rise above the level of 1.0365, which still trades below this level with the opening of the trading week.
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Main ye thread AUD/USD ke discussion ke liye bana raha hain. Sabhi members ko ya post karne ke liye swagat karta hoon. good like forex
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The pair AUD / USD.
In the time frame H1, all indicators are showing symptoms of bearish trend. AO, MACD and Supertrader have shown down trend. AO and MACD were in the area sell. As the first destination is the price of 1.0322 (support 1), and the second destination is 1.0305 (Stop October 26, 2012). Good luck .............
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AUD/USD shown in overbought area after previous week, price closed up strong. Now, price still move around daily pivot level (1.0354). and trend for short term shown sideways that indicated by indicator hma 32. This may affect for movement of price in this day that estimated will move in limited area.
The bias is bullish in nearest term testing
1.0400 area, another consistent break above
that area should trigger further bullish
pressure aiming 1.0445 – 1.0465 key
resistance area. On the downside, immediate
support is seen around 1.0345 area, a clear
break below that area could bring the price to
neutral zone in nearest term testing 1.0290
support area or even lower.
Resistance Level : 1.0400, 1.0465, 1.0550
Support Level : 1.0345, 1.0290, 1.0150
Trading Range : 1.0465 – 1.0345
Trend : Bullish
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The short term trend of the pair is to the downside. Intraweek trading range of the pair is expected among key support at 1.0095 and key resistance at 1.0560. Based upon my chart analysis, I prefer to stay aside from the pair until we get a confirm setup for the upcoming big move.
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Aud/usd technical analysis for 29.10.2012 by using : Auto pivot indicator.
resistance 3:1.0491
resistance 2:1.0440
resistance 1:1.0406
pivot point :1.0355
support 1:1.0321
support 2:1.0270
support 3:1.0236
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