Today, the price opened well below the daily pivot and rally straight down through the level of demand minor zone. Momentum seems the bigger seller to profit-taking at the level of demand mayor zone.
Thread: Aud/Usd
Today, the price opened well below the daily pivot and rally straight down through the level of demand minor zone. Momentum seems the bigger seller to profit-taking at the level of demand mayor zone.
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.
Pivot: 1.041
Our preference: Short positions below 1.041 with targets @ 1.032 & 1.03 in extension.
Alternative scenario: Above 1.041 look for further upside with 1.0445 & 1.047 as targets.
Comment: the RSI is bearish and calls for further downside.
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.
Spoiler:
At the H4 chart, the price is below 12 EMA and 72 EMA indicates the trend is still down
50 RSI is below 50 indicates area trend is still down
Recommendation: sell
TP: 1.0294
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.
Rebounded pair AUD / USD near support at the 1.0387 level to rise and closes higher Frame Time moving average 55 but did not gain momentum enough yet to penetrate the resistance levels at 1.0457
Stochastic is approaching saturation and therefore prefer to wait until we see a clear signal for the pair coming period
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.
After the pair made a retreat from the horizontal level course 0600 met strong support in the form of Ichimoku cloud top and a blue slip (on the daily chart), to further reduce the pair to overcome them.
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.
AUDUSD remains in downtrend from 1.0624, rise from 1.0367 is treated as correction of downtrend. Resistance at 1.0520, as long as these levels persist, downtrend could be expected to continue.
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.
Reduce further still prevents tilting the level of support from which the course several times fought back, the price goes up to him again, I would consider selling only at strengthening the pair below the horizontal support 0390 with access to the target 0300.
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.
On the H1 chart, the price is below EMA 12 and EMA 72 d indicates the trend is still down
RSI 50 is under the area of 50 indicates the trend is still down
Recommendation: sell
Range :1.0511-1 .0348
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 the daily time frame, we can see that the previous candle is a pin abr candle. So, I think there will be a reversal today. AUDUSD may goes up to the resistance level at around 1.0498 or maybe higher. This set up will fail if AUDUSD can break the yesterday'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.
24.09.2012**pending order**
Pair: audusd** Sell Stop 1.0420, sl:1.0451, tp 1=20-30 pips profit, tp2=1.0368
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.
There are currently users online. members and guests
Threads:
Posts:
Member:
Thanks
Subscribe
Currently Active Users
