Aud/Cad

[ng1985]

pair- aud/cad
analysis time frame- m30



the rsi indicator is at the oversold level 70 and in the price chart its also at the daily resistance level three 0.9817 level. the price is making doji pattern and falling down side. this down movement again to the support at 0.9746 level. short with stop loss at 0.9853
good luck.

[ANDRIAS]

http://prntscr.com/58hxka
analysis for today 11 / 21 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 20 / 2014
OPEN 0.9768
HIGH 0.9774
LOW 0.9726
CLOSED 0.9741

The third resistance (R3) 0.9774 -( 0.9747 - 0.9726 = 0.0021 x 2 = 0.0042 )= 0.9816
The second Resistance (R2) 0.9747 + 0.9774 - 0.9726 = 0.9795
First resistance (R1) 0.9747 x 2 = 1.9494 - 0.9726 = 0.9768
pivot points 0.9774 + 0.9726 + 0.9741 = 2.9241 / 3 = 0.9747
Support for the first (S1) 0.9747 x 2 = 1.9494 - 0.9774 = 0.9720
Support second (S2) 0.9747 -( 0.9774 - 0.9726 = 0.0048 ) = 0.9699
Third Support (S3) 0.9726 -( 0.9774 - 0.9747 = 0.0027 x 2 = 0.0054 )= 0.9672

[ANDRIAS]

http://prntscr.com/5865ks
analysis for today 11 / 20 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 19 / 2014
OPEN 0.9843
HIGH 0.9861
LOW 0.9757
CLOSED 0.9769

The third resistance (R3) 0.9861 -( 0.9796 - 0.9757 = 0.0039 x 2 = 0.0077 )= 0.9938
The second Resistance (R2) 0.9796 + 0.9861 - 0.9757 = 0.9900
First resistance (R1) 0.9796 x 2 = 1.9591 - 0.9757 = 0.9834
pivot points 0.9861 + 0.9757 + 0.9769 = 2.9387 / 3 = 0.9796
Support for the first (S1) 0.9796 x 2 = 1.9591 - 0.9861 = 0.9730
Support second (S2) 0.9796 -( 0.9861 - 0.9757 = 0.0104 ) = 0.9692
Third Support (S3) 0.9757 -( 0.9861 - 0.9796 = 0.0065 x 2 = 0.0131 )= 0.9626

[ng1985]

pair- aud/cad
analysis time frame- m30



the price movement in the down trend channel pattern with having resistance at 0.9840 level and the support 0.9765 level. the rsi is also at the level 30 so again movement to the resistance side can expected. long with take profit at 0.9825 and the stop loss at 0.9748
good luck.

[ANDRIAS]

http://prntscr.com/57j3y7
analysis for today 11 / 18 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 17 / 2014
OPEN 0.9901
HIGH 0.9911
LOW 0.9834
CLOSED 0.9843

The third resistance (R3) 0.9911 -( 0.9863 - 0.9834 = 0.0029 x 2 = 0.0057 )= 0.9968
The second Resistance (R2) 0.9863 + 0.9911 - 0.9834 = 0.9940
First resistance (R1) 0.9863 x 2 = 1.9725 - 0.9834 = 0.9891
pivot points 0.9911 + 0.9834 + 0.9843 = 2.9588 / 3 = 0.9863
Support for the first (S1) 0.9863 x 2 = 1.9725 - 0.9911 = 0.9814
Support second (S2) 0.9863 -( 0.9911 - 0.9834 = 0.0077 ) = 0.9786
Third Support (S3) 0.9834 -( 0.9911 - 0.9863 = 0.0048 x 2 = 0.0097 )= 0.9737

---------- Post added 11-19-2014 at 11:28 AM ---------- Previous post was 11-18-2014 at 12:55 PM ----------

http://prntscr.com/57ug7j
analysis for today 11 / 19 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 18 / 2014
OPEN 0.9842
HIGH 0.9877
LOW 0.9798
CLOSED 0.9846

The third resistance (R3) 0.9877 -( 0.9840 - 0.9798 = 0.0042 x 2 = 0.0085 )= 0.9962
The second Resistance (R2) 0.9840 + 0.9877 - 0.9798 = 0.9919
First resistance (R1) 0.9840 x 2 = 1.9681 - 0.9798 = 0.9883
pivot points 0.9877 + 0.9798 + 0.9846 = 2.9521 / 3 = 0.9840
Support for the first (S1) 0.9840 x 2 = 1.9681 - 0.9877 = 0.9804
Support second (S2) 0.9840 -( 0.9877 - 0.9798 = 0.0079 ) = 0.9761
Third Support (S3) 0.9798 -( 0.9877 - 0.9840 = 0.0037 x 2 = 0.0073 )= 0.9725

[ng1985]

pair- aud/cad
analysis time frame- m30



the price is moving at the pivot support level 0.9871 level and making doji patterns. the rsi is also at the 30 level so its up movement can expected. if the price is move above 0.9885 level then long with profit target last high at 0.9917 level and stop loss at the 0.9847
good luck.

[ANDRIAS]

http://prntscr.com/576959
analysis for today 11 / 17 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 14 / 2014
OPEN 0.9911
HIGH 0.9912
LOW 0.9825
CLOSED 0.9876

The third resistance (R3) 0.9912 -( 0.9871 - 0.9825 = 0.0046 x 2 = 0.0092 )= 1.0004
The second Resistance (R2) 0.9871 + 0.9912 - 0.9825 = 0.9958
First resistance (R1) 0.9871 x 2 = 1.9742 - 0.9825 = 0.9917
pivot points 0.9912 + 0.9825 + 0.9876 = 2.9613 / 3 = 0.9871
Support for the first (S1) 0.9871 x 2 = 1.9742 - 0.9912 = 0.9830
Support second (S2) 0.9871 -( 0.9912 - 0.9825 = 0.0087 ) = 0.9784
Third Support (S3) 0.9825 -( 0.9912 - 0.9871 = 0.0041 x 2 = 0.0082 )= 0.9743

[ng1985]

pair- aud/cad
analysis time frame- m30



the price is down side from the resistance at 0.9920 level but may hold at the support 0.9830 level. this is making a pull up setup as the parabolic sar in up trend side. if the price is move above pivot point 0.9884 then long with profit target at 0.9987
good luck.

[ANDRIAS]

http://prntscr.com/565joz
analysis for today 11 / 13 / 2014
Below is the formula to determine the pivot point, support and resistance.
Information candle AUDCAD on the date 11 / 12 / 2014
OPEN 0.9862
HIGH 0.9924
LOW 0.9816
CLOSED 0.9910

The third resistance (R3) 0.9924 -( 0.9883 - 0.9816 = 0.0067 x 2 = 0.0135 )= 1.0059
The second Resistance (R2) 0.9883 + 0.9924 - 0.9816 = 0.9991
First resistance (R1) 0.9883 x 2 = 1.9767 - 0.9816 = 0.9951
pivot points 0.9924 + 0.9816 + 0.9910 = 2.9650 / 3 = 0.9883
Support for the first (S1) 0.9883 x 2 = 1.9767 - 0.9924 = 0.9843
Support second (S2) 0.9883 -( 0.9924 - 0.9816 = 0.0108 ) = 0.9775
Third Support (S3) 0.9816 -( 0.9924 - 0.9883 = 0.0041 x 2 = 0.0081 )= 0.9735

[ng1985]

pair- aud/cad
analysis time frame- m30



the price is break the resistance at 0.9865 level and moved to the daily resistance at 0.9900 level. the rsi is showing overbought so it may be again down side as correction. hold the long entry with take profit at 0.9975 and stop loss at 0.9852
good luck.