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Thread: Aud/Usd

  1. #528
    Junior Member nona is on a distinguished road nona's Avatar
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    Price found support at the moving average 50 - in green - to fall back again, where is currently testing the resistance level on the sub-horizontal 1.0200-1.0210. Today, the stability of trading above 1.0210 may lead to further retracement towards 1.0275 level and bottom level recorded recently about 1.0375. In the downward direction,

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    AUDUSD 30M chart

    Simple Analysis. We are still in down trend. Breaking of the blue channel will show us what to do next.

    If it breaks to the upward, we will see 55 pips upward movement but if it falls- we might expect 105 pips downward movement.

    Good luck
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  5. #526
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    Guys,

    I am short on AUD/USD. There is a strong resistance in 1.0190 - 1.0210 area. And todays daily resistance R2 falls on 1.0208. As per my trendline in 4hr chart the trendline passes through the aforesaid area. I hope this is a good place to short. I will close the position if any of the 15 min candlestick close above the 1.0210 area.
    Happy Trading

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  7. #525
    Banned khanfx is on a distinguished road khanfx's Avatar
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    The AUD / USD bounces his leadership of the resistance located at 1.02 after a feinted back in 1.01.
    The price is still above the upward sloping (blue line on the graph).
    Indicators are generally bullish.
    We continue to advise to trade only long positions as the course will be located above 1.0050.
    Maintaining the current above 1.01 will strengthen our bearish sentiment on parity.
    A break of 1.02 will then upward a new buy signal for an extension of the upward movement in the direction of 1.03 or higher if this level is broken up.
    In case of return of 1.0050 in the course we will wait then break out of 1.00 to advise entering / not treat more than short positions on gender.
    Name: audusd-30122011.jpg Views: 64 Size: 20.9 KBName: audusd-30122011-2.jpg Views: 66 Size: 20.9 KB

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  9. #524
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    The AUD / USD has stumbled yesterday on resistance located at 1.02.
    The course was immediately plunged to 1.01 and stabilizes currently below that level.
    The price is still above the upward sloping (blue line on the graph).
    Indicators are now somewhat mixed.
    We will remain neutral on parity as the course will be located between 1.00 and 1.01.
    We advise to go / not to treat more than the positions in the direction out of this range of quotations:
    - Long recasse 1.01 if the price up.
    A break of 1.02 will then upward a new buy signal.
    - Short breaks 1.00 if the price down.
    A break out of 0.99 will then offer a new sell signal.
    Name: audusd-29122011.jpg Views: 64 Size: 21.4 KBName: audusd-29122011-2.jpg Views: 60 Size: 21.4 KB

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  11. #523
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    Now AUDUSD within uptrend channel. To predict the next move we should wait for breakout.
    In my opinion it will break the lower line and it will fall 50 pips down

    Good luck
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  13. #522
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    Always believe in your trading system.Initial bias remains neutral this week for some consolidations. But i find that corrective rise from 0.9926 is already completed with three waves up to 1.0764.

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  15. #521
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    Resistances lie around 0.9999 and 1.0025. It should test lower towards 0.9918 zone. A clear break of 0.9965 would be bearish. So , we look for more down today . sell at 0.9965 have a SL at 1.0035 target 0.9920 . should be nice trade

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    AUDUSD 1H chart

    As we can see at the uploaded chart there is falling wedge and rising wedge.
    Firstly I expect downward movement till 0.9870 and after that strong upward move till target line at 1.0250

    Good luck
    Attached Images  

    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.


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  19. #519
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    AUDUSD 15 m chart

    Head and shoulders formation at the chart below.
    Downward movement till target line @ 0.9850 will be expected

    Good luck everybody
    Attached Images  

    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.


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