AUD USD

[Samirofi]

AUD USD regains the bullish momentum 15/08/2013



The pair managed to regain the bullish bias after leaning on the EMA50, to continue with our bullish overview efficiently, as we are waiting for our main target at 0.9305

Stochastic and the EMA50 support the bullish trend, which remains valid conditioned by stability above 0.9095 and most important above 0.9040

Expected trading range for today is between: 0.9095 support and 0.9305 resistance.

Expected trend for today: Bullish

[PCMAnalyst]

The price succeeded to breakthrough downward trend line in H4 TF. We expect to have it grown by 0.9230 being broken.

[PCMAnalyst]

We can see the price reversed after having +divergence happened by the end of the bearish trend. Currently it has reached the bearish trend line. We are expecting to have it moved bullish if 0.9266 breaks above strongly.

[Samirofi]

AUD USD continues to rise 19/08/2013



The pair continues its trading approaching from our main waited target at 0.9305, where the price gets good support from the EMA50, while Stochastic provides positive overlapping signal that supports the continuation of the bullish bias.

We remind you that monitoring the price when reaching the mentioned target is important, where breaching it will extend the gains initially towards 0.9550

Expected trading range for today is between: 0.9125 support and 0.9350 resistance.

Expected trend for today: Bullish

[Samirofi]

AUD USD turns its intraday track 20/08/2013



The pair’s trading bounced lower after finding a difficulty to confirm surpassing the previously recorded top at 0.9220, to approach from the sideways range’s support at 0.9040, noticing that the price is drawing a potential double top, it might be a reason for more downside action which targets levels near 0.8900

Now, we need to stay aside, in order to monitor the price behavior according to 0.9040 support and 0.9125 resistance to confirm the next trend on the intraday basis.

Expected trading range for today is between: 0.8950 support and 0.9200 resistance.

Expected trend for today: Neutral

[PCMAnalyst]

In line with the previous comment, the price couldn’t break through resistant level and again it dropped beneath the trend line by supply pressure. As long as the trend line wouldn’t break above, we’ll expect not any change to the trend.

[PCMAnalyst]

We can see formation of a head & shoulder by the bottom. We expect to have rise with the price by breaking the neck line.

[PCMAnalyst]

We can see a price reversal by happening a head & shoulders pattern n the daily TF. we expect to have the price climbed to 0.9645 area by breaking the neck line around 0.9240.

[Samirofi]

AUD USD needs a confirmation 13/09/2013



The pair found strong support at 0.9250, where this level hold against the pair attempts to decline, supported by Stochastic and the EMA50 positivity, which encourages us to prefer positive trading for today, where its targets begin at 0.9350

It is important to be aware that settling below 0.9250 will stop the positive suggested scenario.


Expected trading range for today is between: 0.9180 support and 0.9400 resistance.

Expected trend for today: Bullish

[PCMAnalyst]

We are witnessing the breaking of the lower channel in the H1 TF. if the price stabilizes beneath channel support, we will be having a bearish move.