Aud/Usd

[jimloveski]

AUDUSD 4H chart

There is pretty nice situation- we can see at the following chart uptrend which I think it will be continuated in the nearest future. Price broke strong resistance level- it gave this pair a fuel for more upward movements.
Good luck

[Gutsalo]

It is also very strong for the Aussie closed the trading week, the latest deal on the maximum values​​, plus clear that the pair formed a sort of a mini level at 1.0545 which indicates the strength of buyers ... so I think next week should rise above 1.0570 ...

[gemmy]

We have a strong resistance level @0% fibonacci as shown in H4 chart , so i think AUDUSD is going to test this level soon and we will have a great chance to start selling near this level with a small stop lose few pips above this level and take profit near 23.6% ,

[Rozumovski]

The Australian dollar is not so much fall, levels of punched did not have so easily got out a 1.0440 again and go to the northern border .. so for this pair in a corridor of 100 points ... and will likely continue until the end of the trading week ..

[dollar]

Pair is creeping in oversold area on 1 hour chart trend is bullish on hourly chart bearish on 4 hour chart so this is quite confusing if bulls are strong enough price should proceed upn to 1.0465 currently will not trade this pair unless I get clearer signals

[misqeq]

AUD/USD lose some momentum after hitting upper channel resistance. With 4 hours MACD crossed below signal line, a temporary top is formed and intraday bias is turned neutral. Nonetheless, note that AUD/USD is staying well inside a near term rising channel and rebound from 0.9588 is still expected to continue. Above 1.0537 will target upper trend line resistance (now at 1.0695).

In the bigger picture, price actions from 1.1079 high are treated as a consolidation pattern in the larger up trend. Current development suggests that rebound from 0.9588 is the fourth leg inside the consolidation pattern, which could be a triangle. Sustained break of 1.0225 will target upper trend line (now at 1.0695) but strong resistance should be seen there to bring at least one more fall. After all, firstly, break of 1.0852 is needed to signal larger up trend resumption or more consolidative trading could be seen. Secondly, any downside attempt would likely be contained by 0.9387/9663 support zone.

[Rozumovski]

Recently, a couple of very well be in the bull market, now worked out 1.0465 support, and now come to the old resistances, can form the top 4 ... but we must be careful trend can not be weak and break through all the levels ...

[d3d3]

BID PRICE 1.049
SIMPLE MA 5 1.0501 SELL
SIMPLE MA 10 1.0508 SELL
SIMPLE MA 20 1.0514 SELL
SIMPLE MA 50 1.0495 SELL
SIMPLE MA 100 1.0439 BUY
EXPONENTIAL MA 5 1.0499 SELL
EXPONENTIAL MA 10 1.0505 SELL
EXPONENTIAL MA 20 1.0507 SELL
EXPONENTIAL MA 50 1.0488 BUY
EXPONENTIAL MA 100 1.0447 BUY
RSI 14 41.0862 NEUTRAL
STOCHASTIC 5,3,3 9.8765 OVERSOLD
PARABOLIC SAR 0.02/0.2 1.0529 SELL
MACD 12,26,9 0.0001 BUY
WILLIAM %R 14 -97.9167 SELL

Support & Resistance
R3 R2 R1 P S1 S2 S3
1.058 1.0558 1.0531 1.0509 1.0482 1.046 1.0433

AUDUSD NEUTRAL
Last Update : 2012-08-01 06:00:02

[goldenmember]

AUDUSD failed to hit 0550 which I expected which was strange. There was talk of a central bank selling which is why it repeatedly was sold 10 pips from the high. Now its dropped with the SNP. I would have still thought it would be on the way up.

[copinedekatia]

the most likely scenario

the pair can move up to test the 1st resistance on 1.0530

alternative scenario

the pair can move down to test the 1st support on 1.0500