Aud/Usd

[Victoryindia]

The Australian Dollar remains trading within a 3-week minor uptrend channel from 0.9925 low, and according to Axel Rudolph, technical analyst at Commerzbank, it might extend recovery for some more days, reaching levels past 1.0600 before being capped again.

[siddesh]

the pair and as we can see from the chart has closed it's daily candle above the level of 1.0500 , so , that's mean the up trend is still standing and the pair is heading to 1.0540 then 1.0570

[BojanHajdinjak]

audusd 1.0527 now. It formed double top and it is still overbought or will be
soon. Iam going with SELL order now and if it will go higher I will add more sell orders.
Target 50+ pips lower, in coming days even 200 pips of profit is possible - I think.

audusd 1.0469 now. I will take profit now.
It have to fall even lower because momentum indicatorsa re still bearish.

[BojanHajdinjak]

audusd 1.0527 now. It formed double top and it is still overbought or will be
soon. Iam going with SELL order now and if it will go higher I will add more sell orders.
Target 50+ pips lower, in coming days even 200 pips of profit is possible - I think.

[siddesh]

The “risk off” trade seems to be coming into vogue at the moment, so it appears that selling a break below the Monday low should be a decent short signal for the short-term.

[sagar]

as we can see on the chart , the pair is trading under the level of 1.0500 , any way if the pair succeeded in breaking 1.0500 , it will continue in it's up movements heading to 1.0530 and then 1.0560

[BojanHajdinjak]

audusd moves very similar to eurusd last days.
After london open it bounced to the up strongly.
But intradaily it is overbought now at 1.0495.
Will add SELL order now for 50+ pips lower.

audusd 1.0477 now.
Will take a bigger scalp now.
In general it have to fall even lower than this for aditional 50+ pips - I think

[BojanHajdinjak]

audusd moves very similar to eurusd last days.
After london open it bounced to the up strongly.
But intradaily it is overbought now at 1.0495.
Will add SELL order now for 50+ pips lower.

[Victoryindia]

Australian Dollar is trading on a strong pace on Tuesday, buoyed by a rebound on risk appetite with the pair's rebound from 1.0385 on early Asian session, breaching 1.0475/80 resistance area, to reach 3-day highs at 1.0520.

[fadabjar]

It is more likely to go down to around 1.0400 or lower, and after that, it might have potentially to go up to around 1.0510.