Thread: Aud/Usd
As we see on the included chart , the pair is becoming more close of the strong uptrend line as i expected before , now i suggest to wait more small drop until it hit the trend then it will be a good chance to buy the pair and make good profit of about 300 pips , we can make the stop loss large as if the pair broke the trend line then it will move up again to make a retest on it which will enable us to exit the trade on the entry point with no loss , Good Luck
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The pair now has made a serious bid on the incidence rate of just still managed to overcome a strong level of support for 0446 and then fell even further, the bears were stronger, this breakthrough opened the way to the level of 0230, 0300.
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////couple went back to a strong level of support for 0440, the rate of trading in the Ichimoku cloud, if you happen to break this level, the nearest to the southern boundary of the cloud will be lower ---- level (figure) 0400.....
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couple went back to a strong level of support for 0440, the rate of trading in the Ichimoku cloud, if you happen to break this level, the nearest to the southern boundary of the cloud will be lower - level (figure) 0400.
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 continues to move into its bullish channel The price has validated the breakouts of 1.05 and 1.0550, offering new buy signals. The pair is currently testing the resistance at 1.06.
We advise to trade long positions as far as 1.05 is support. The breakout of 1.06 and 1.0650 will both give a new buy signal and will open the way towards 1.07.
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The pair continues to develop a signal to sell Ichimoku rate holds within the cloud, while the next support level 0440, from it is still possible the resumption of growth, but at the break of this level will open the way to the bottom of the cloud 0400.
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The AUD / USD seems to work early divergence, the price started to round off down ... but there is a very good level which kept the price as well as support and resistance ... so that when he was struck down that's when it can be normal, and the movement of about 2 figures down ....
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AUD / USD
(Last Price Today: 1.0529)
BUY, Go = 1.0529, SL = 1.0527, TP = 1.0569
if one then SELL, Log = 1.0527, SL = 1.0567, TP = 1.0487
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AUD/USD edged higher to 1.0612 last week but continued to lost momentum and retreated sharply.
However, the strong support from 4 hours 55 EMA argues that AUD/USD is not ready to reverse yet.
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Pivot: 1.056
Our preference: Short positions below 1.056 with targets @ 1.0495 & 1.0465 in extension.
Alternative scenario: Above 1.056 look for further upside with 1.059 & 1.0615 as targets.
Comment: as long as the resistance at 1.056 is not surpassed, the risk of the break below 1.0495 remains high.
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