I think that we can get in short position in the current time because of the resistance level at 0.9779 that may make the price fall to the 0.9741 level.
Thread: Aud/Cad
I think that we can get in short position in the current time because of the resistance level at 0.9779 that may make the price fall to the 0.9741 level.
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pair- aud/cad
chart analysis time frame- m30
the price is continue making triple bottom and the macd divergen is triple high to lower side and now above the zero level. if the price break resistance at 0.9774 level then its up movement to the 0.9800 can expected. long with the stop loss at 0.9720
good luck
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analysis for today 9 / 26 / 2014
AUD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.9792
Retracement (50%) 0.9782
retracement (61,8%) 0.9772
Extensions (61.8%) 0.9874
Extensions (100.0%) 0.9905
Extensions (138.2%) 0.9936
Extensions (161.8%) 0.9956
calculation based on a Fibonacci retracement then today I choose buy
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pair- aud/cad
chart analysis time frame- m30
the down movement of the price is not able to break the support at 0.9754 level and moving up. if this support is break then it will be hold at the lower support 0.9735 level and price will again up side. long with the stop loxx at 0.9720 and profit target at 0.9820
good luck
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The price will hit the support level at 0.9761 soon, that's why I think that we should get in long position from that point with take profit at 0.9797.
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cci(14) : -209.68
bulls (13) : -0.000
i see the in pair down trend
so i will sell from : 0.9786
and my target today is : 0.9586
good luck
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http://prntscr.com/4pul5b
analysis for today 9 / 24 / 2014
AUD/CAD (Daily Trade)
I think the movement is still in a bullish trend
retracement (38.2%) 0.9801
Retracement (50%) 0.9793
retracement (61,8%) 0.9784
Extensions (61.8%) 0.9874
Extensions (100.0%) 0.9902
Extensions (138.2%) 0.9930
Extensions (161.8%) 0.9947
calculation based on a Fibonacci retracement then today I choose 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.
pair- aud/cad
chart analysis time frame- m30
the price is making higher to high and lower to high this is indicating up trend movement of the price. this is now at the resistance 0.9827 level and rsi is showing overbought. its continue up movement can expected with a short correction. hold the long entry with stop loss at 0.9790
good luck
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AUD / USD ended the session with sharply lower, down 33 points at 1.0160. This is the lowest daily close since the pair since October 2012. The session was a volatile session with the pair trading as high as 1.0275 earlier in the day after AUD jobs data, but leaked into a much lower position in the U.S. session.
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.
I think that this is a good time to sell with take profit at 0.9737. The price will fall it it reach the 0.9737 level, than we should see if it will break this level or not.
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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