Aud/Usd

[MFTRADER]

trend is bearish after ppi and cpi data came out weaker than expected and raised the rate cut possibility by RBA at next meeting.we have a bulish crab pattern in 1 hour timeframe.the PRZ is 1.618 retracement of XA leg ,placed at 1.0085 area.look at the picture for more details.

[simpleforex68]

I would like to analyze in H1 chart. The price is under the Ichimoku Kumo Cloud. There is also a downtrend line there. In my opinion, the price will increase slightly and then decrease strongly.

[gemmy]

As we see here from H4 chart we can expect the pair to move upward as there is a support level here at 23.6 which will push the pair upward till reach 38.2 % and make retest so we can make a buy order now and take profit at around 38.2 % .

[wegodot]

Date: 23.04.12

Timeframe : M15
RSI(14) 29.645 Sell
STOCH(9,6) 27.405 Sell
MACD(12,26) -0.001 Sell
Williams %R -79.167 Sell

Indicators : STRONG SELL

Timeframe : H4
RSI(14) 29.455 Sell
STOCH(9,6) 29.411 Sell
MACD(12,26) -0.001 Sell
Williams %R -89.899 Oversold

Indicators : STRONG SELL

[khaled24]

The pair obviously can't break the downtrend line shown in the chart , now it faces the trend line @ 1.0379 , the priority here is to predict the pair to correct its direction and move down so we can sell , if it doesn't i think it will go up in a trending channel so we can buy .

[gemmy]

From H4 chart , there is a support level at 38.2 and so if the pair could close above it , it will continue moving in up direction till reach the level 50 % hence we can buy and take profit at around 50 % ,

[sasa0220]

In the H4 chart there is a strong support level at 1.0309. I was tested several time but was not broken. So i think this support will hold and price will appreciate.Both M15 and H1 chart show buy in MACD even though still there is a week sell signal persist in H4 chart. Further daily chart also signal buy . So i think it is better buy at this stage(near support level). And hold the trade until it reach 1.04 mark.

[gemmy]

From H4 chart , the pair is still moving in triangle between up and down trend , i expect the pair to move down as it tested the down trend and couldn't close above it and also there is a resistance level at 50.0% so we can make sell and take profit about 50 points below .

[kuttus]

This pair is goes down wards for a long time it Also break the resistance but now it going upward little bid but not sure how much it will go but we can invest here if you have good deposite.

[simpleforex68]

There is a long downtrend. The price broke out and tested successfully this trend. So, the price will continue to rise.
This is the chart.