Showing posts with label AUDUSD. Show all posts
Showing posts with label AUDUSD. Show all posts

Wednesday, May 1, 2013

AUDUSD HAS EVENING STAR

AUDUSD HAS FORMED EVENING STAR   DAILY CHARTS 

PAIR IS BELOW 50 PERIOD MOVING AVERAGE  PAIR IS VOLATILE MOVING   
IT HAS ALREADY BROKEN CONFIRMATION LEVEL 

 On downside   pair is targeting towards 1.01 & 1.0050


Tuesday, February 5, 2013

AUDUSD HAS DOUBLE TOP PATTERN



AUDUSD has formed double top pattern ( A & B are two tops)

and pair has developed bearish emgulfing pattern below 50SMA 
So pair has entered in negative zone 

if pair breaks neckline @1.034 then it will be targeting towards 1.0140 & 1.01

Recommendation

AUDUSD Sell @ 1.0360 Stop loss @ 1.0460   Target @1.0140 & 1.010

Please trade with proper risk management plan with hedging 







Friday, December 14, 2012

AUDUSD -20121214


AUDUSD has found resistance zone 1.06 to 1.0550 area 
Pair had rejected from level 1.06  (12/08/2012's high) & (14/09/2012's high) and now again pair is hovering near same level ( 1.055)and RSI (14) -65  where pair may find resistance 

If Pair fail to break this resistance then it may test strong support zone 1.0150area
breaks  and 
if Pair breaks resistance 1.0630 then it will be upside targeting +400pips


Wednesday, November 28, 2012

AUDUSD has head & shoulder pattern


AUDUSD has formed head and  shoulder pattern in 4hours chart
targeting towards 1.0376 (9th Nov, 2012's low)



Wednesday, October 10, 2012

AUDUSD HAS TRIANGLE PATTERN


AUDUSD has formed triangle pattern 
Pair has  support @1.0152 & resistance @1.0330
if Pair breaks above triangle then pair may test resistance @1.0330

ELLIOT WAVE COUNTING 


Monday, October 8, 2012

AUDUSD 20121009



AUDUSD  has formed Double Top pattern in Daily chart
Pair is rejecting from Support Zone ( 1.0152 to 1.0100)
Pair has formed bullish divergence in 4hourly charts
More chance Pair may reject from these level (pink Line)
i m looking more upside
if Pair breaks Support level @1.010 then Pair may test support@0.97



Wednesday, August 15, 2012

AUDUSD has falling wedge pattern

I feel AUDUSD has falling wedge pattern and regular bullish divergence
pair is retraced 38.2% and resistance @1.0550 and support@1.0440

Tuesday, August 14, 2012

AUDUSD HAS FALLING WEDGE


AUDUSD has falling wedge pattern and regular bullish divergence 
resistance @1.0540, 1.0610 and support@1.0490 and 1.0440
if pair breaks above 1.0540 then pair may test resistance level @1.0610


Tuesday, August 7, 2012

AUDUSD 20120808

AUDUSD HAS formed rising wedge pattern if pair get breakout pattern, it may show correction towards 1.0440




Friday, August 3, 2012

audusd Rangebound

AUDUSD is moving in range or Sidewise  between support and resistance.
today pair has regain it's yesterday's loss
pair find resistance @1.0540 and support@1.0440
if pair breaks above 1.0540 then pair may find resistance @1.0640,1.0710
if pair breaks below 1.0440 then pair may find support@1.031