Aud/Usd

[sagar]

AUDUSD drop on bad US news today but if support is good at 1.0400 and hold it above this number bullish momentum is ready for rebound again. Asia can confirm it again.

[BojanHajdinjak]

audusd 1.039 now. Regardles of general downtrend I am expecting pullback to the up now.
So Buy now. If Iam wrong I will add more longs lower. So I am starting to collect BUY orders.
Pair is a bit oversold now very shorttermly. In past days (weeks) we can see audusd moves in waves so
Iam expecting correctional wave to the up sooner or later. Moderate lotsize of cource because
of general downtrend.
p.s. I have no problems if market goes against me 500+ pips so carefull who are following me.

[rakesh]

the pair as we can see on the chart has success in breaking the level of 1.0500 and reached the level of 1.0440 , that's mean the down trend is standing and the pair might head to 1.0400 then 1.0370

[BojanHajdinjak]

audusd 1.0562 now. Iam still hoding bearish view. On daily chart pair is now arround
50% retracement area. It seems like wave 2 of Elliot Wave, so Iam looking for top of this wave
and than I will add more shorts (after wave 2 topping).

audusd 1.0455 now. On a bit higher timeframes it could be take profit now and
maybe is better to wait on some correction, to resell later.
In general audusd is still in downtrend and later tarhet could be 100 pips lower than now.

[Victoryindia]

The Asian stock markets continued their downside movements which had a negative impact on the Australian dollar (Aussie) that dropped against the U.S. dollar for a second day in a row.

[sagar]

We’ve been watching the retrace higher in the AUDUSD for a few days now, noting that there’s a possibility of a stall-out and watching for potential short signals near resistance. Price has pushed higher and tested resistance in the 1.0600 region today, showing some rejection of these higher levels that suggests weakness may be in the cards.

[rakesh]

another strong pullback today seem heading to 50 moving average at 1.0650......watchout for futher movement tommorow

[sagar]

The market is in the process of retracing the major drop off from the post-float record highs at 1.1080, with the price pushing back to the 50% fib retrace off of the 1.1080-0.9925 move by 1.0500 thus far.

[rakesh]

we can see that the pair has failed in breaking 1.0600 and bounced from it , so that's mean the down trend is expected and the pair might head to 1.0530 and then 1.0500

[BojanHajdinjak]

Adding another SELL order at 1.059 now.
Pair is overbought now. 100 to 300 pips of profit expecting in next days.

Taking profit on this position now at 1.0544. Will wait on top confirmation on a bit higher timeframes
to resell again. In any case Iam looking for to adding shorts or to resell after some correction or
top confirmation.