Thread: Aud/Usd
i agree with you.Originally Posted by forexprophet
we can see a good down trend in this pair i also have a short trade and mt take profit is 1.0600
in my view this time the pair will break its channel trade.
we can see this pair having very high oversold level so down trend and breaking channel is expected.
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We can see this currency pair can move downwards further the coming wee if 1.0650 is broken. I have two positions of short on this pair and am holding it from the price 1.0830 and 1.0790. Hope to see this pair hit the bear cave.
according to the chart the current signal for this aud/usd pair is short position. bcz the price close below the 52 sma trend line in 1 hour chart and going down also. so the position will be short with 50 pips tp and 70 pips sl level.
Happy Trading
this pair don't have any bad fundamental recently..
not in short period, but perhaps it can break last year all time high in a few months later..
how's your opinion?
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this pair has raeched very high and even touched 1.0841 today and i have a sell order at 1.0771 so i am expecting that it should move down and hoing that it will but if it raises further to 1.0870 my account will blw up so eagerly waiting price to go down
please vote for me if you like my post
according to the chart the current signal for this aud/usd pair is short position. bcz the price close below the 52 sma trend line in 1 hour chart and going down also. so the position will be short with 50 pips tp and 70 pips sl level.
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the price of this pair is in bearish movement. price already cross the moderate support level and going below. if the price able to break the 1.0688 level then it will go for 1.0600 level. bcz that level is the last strong support level before 1.0600 .
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Short-term upward trend is organized within the bullish channel showing through the image, so the downward turn must be confirmed through the channel to break support around 1.0320 -1.0330 1.0250 levels and target 1.0150
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Date: 20.01.12
Timeframe : M15
RSI(14) 54.629 Neutral
STOCH(9,6) 62.047 Buy
MACD(12,26) 0.000 Buy
Williams %R -38.095 Buy
Indicators Summary: STRONG BUY
Timeframe : H4
RSI(14) 57.588 Buy
STOCH(9,6) 63.860 Buy
MACD(12,26) 0.002 Buy
Williams %R -21.951 Buy
Indicators Summary: STRONG BUY
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.
Date: 20.01.12
Timeframe : M15
RSI(14) 54.629 Neutral
STOCH(9,6) 62.047 Buy
MACD(12,26) 0.000 Buy
Williams %R -38.095 Buy
Indicators Summary: STRONG BUY
Timeframe : H4
RSI(14) 57.588 Buy
STOCH(9,6) 63.860 Buy
MACD(12,26) 0.002 Buy
Williams %R -21.951 Buy
Indicators Summary: STRONG BUY
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.
Sadi (2020-02-27)
I have just placed a long position at today's pivot point at 1.0410 and stoploss at 1.0385 with my first target at 1.0455 (6 points lower than today R1 level) and depending to the energy of the up move, I may close this trade or setting a trailing stop and set a second target at 1.0520.
Happy trading!
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.
Sadi (2020-02-27)
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