AUD / USD pair went to the very north, in the way of it, met a strong psychological resistance level of 0200, I think from this figure to begin the correction to the south, but in the breakout 0200 I will be buying ..
Thread: Aud/Usd
AUD / USD pair went to the very north, in the way of it, met a strong psychological resistance level of 0200, I think from this figure to begin the correction to the south, but in the breakout 0200 I will be buying ..
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North continues its trend of movement, the price to be above all three moving averages with periods of 20,50,200, plus struck another resistance level 1.0130 ... and a couple of flies in the sky ... so that everyone in the shop ...
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AUD / USD pair today is very much increased in value after such a (almost recoilless) north of motion correction should be expected, the rate on the road has a strong resistance level of 0200, from him I'll sell it.
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AUD/USD
Next level of rsistence for AUD/USD is 102000 if the pair move sidwaysif it breaks, 102124 is meet. As support we have 101118 and below 100561 Last time price was at that level reacted nice, i expect this level to hold. We can see it is near a 0.78 fibonacci number, price is trading at the moment below yesterday low.
Today Daily Pivot point for this pair is 101104
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A pair of today still managed to break through the resistance level of 0130 and took up once this week, seems to medium-term trend is gaining momentum in the north, and this time you must wait a small correction for the purchases.
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yezack: These are meeting minutes of a meeting held on 5th June 2012. If you had read the event details here http://www.forexfactory.com/#details=38364 you would've known that. What you already know was the the interest rate action.
What you didn't yet know was what was discussed in the meeting leading up to the rate action.
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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 MACD histogram is still located in the positive zone and n continues to rise slowly, and thus sends a signal to pokupku.Ostsillyator Stochastic is overbought and generates the same signal as the% K line rises above the% D.Tak that the breakdown level of 1.0145 for bulls otkraivayuschy enormous potential target can be 1.0470 ..
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The pair continues the Australian dollar against the U.S. dollar rising to near its tendency dramatically rising wedge from the top of the image that appears, where narrow trading significantly.
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Stability above the 38.2% Fibonacci previously breached we expect the bullish trend to continue affirmative action, and the breach of 1.0160 will be a good incentive to push the price upward.
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Conversely, the breach of 1.0065 would weaken significantly the chances of achieving the proposed height.
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Expected trading range for today is between: Support Resistance 1.0000 and 1.0365
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General tendency is expected for today: rising
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The RSI is mixed bullish. Long position is preferable at 1.005 with price targets 1.015 and 1.0195. If the price goes to below 1.005 then we can expect downward movement with 1.00 and 0.996 as price targets.
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