photo
Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
Start trading without
any investments and risks
WITH NEW STARTUP
BONUS 1000$
GET BONUS
55%
from InstaForex
on every deposit
+ Reply to Thread
Page 1 of 229 1 2 3 11 51 101 ... LastLast
Results 1 to 10 of 2287

Thread: AUD/USD pair discussion

  1. #1
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts

    AUD/USD pair discussion

    The AUDUSD failed to continue its bearish momentum yesterday after unable to move consistently below 0.9840 support area and traded higher, hit 0.9925 earlier today in Asian session. The bias is neutral in nearest term. Immediate support remains around 0.9840 and the trend line support (red). Clear break below that area would give further validation to the rising wedge bearish scenario targeting 0.9750/10 key support area. Initial resistance at 1.0000 psychological level. Clear break above that area could trigger further bullish momentum testing the all time high at 1.0182 and rising wedge bearish scenario is no longer valid.

  2. Fb
  3. #2
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    The AUDUSD was volatile but indecisive on Friday. The bias is neutral in nearest term but still within the context of a rising wedge bearish scenario especially if price able to make a clear break below the trend line support as you can see on my h4 chart below targeting 0.9710. Immediate resistance at 0.9925 followed by 1.0000. Break above 1.0000 could be a serious threat to the bearish scenario.

  4. #3
    Where am I?
    ----
     
    WizKid is on a distinguished road WizKid's Avatar
    Join Date
    Dec 2010
    Posts
    5
    Accumulated bonus
    2.70 USD
    Thanks
    0
    Thanked 1 Time in 1 Post
    that was really good for me during the last week trade and am happy to have taking advantage of the bearish movement

  5. #4
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    The AUDUSD began the week with a bullish momentum yesterday, topped at 0.9948 and hit 0.9972 earlier today in Asian session. The bias is bullish in nearest term challenging 1.0000/27 psychological and key resistance area. Clear break above that area could trigger further bullish scenario re-testing all time high at 1.0182 this week. The rising wedge bearish scenario is in a serious threat now as the trend line support (red) did a good job preventing further bearish pressure. Immediate support at 0.9900. Break below that area could trigger further bearish pressure re-testing the trend line support, but only a clear break below the trend line support would give further validation to the bearish reversal scenario

  6. #5
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    The AUDUSD continued its bullish bias yesterday, topped at 1.0065 and closed at 1.0036. The bias remains bullish in nearest term with 1.0090 - 1.0100 as the nearest target before re-testing all time high at 1.0182. Immediate support at 1.0000. Break below that area could lead us to neutral zone in nearest term testing 0.9950/00 but only a break below the trend line support (red) could be a threat the bullish scenario. Tomorrow is Christmas! Merry Christmas and better stop trading and enjoy your holiday people!

  7. #6
    Forex in the blood
    lonely
     
    jurex is on a distinguished road jurex's Avatar
    Join Date
    Dec 2010
    Gender:
    Female
    Posts
    244
    Accumulated bonus
    63.30 USD
    Thanks
    0
    Thanked 13 Times in 13 Posts
    AUDUSD Analysis.
    AUDUSD remains in uptrend from 0.9830, further rise to 1.0110 area to reach next cycle top on 4-hour chart is possible later today. Support is now at 0.9980, below this level could indicate that the rise from 0.9830 is complete, then pullback to 0.9600-0.9700 area could be seen

  8. #7
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    The AUDUSD slipped below 1.0000 earlier today in Asian session but so far still maintain its strong bullish bias, hit 1.0046. The bias remains bullish in nearest term with 1.0090 as the nearest bullish target before testing 1.0182 all time high. Immediate support at 0.9987 (current low). Break below that area could lead us to neutral zone in nearest term as direction would become unclear but only a break below the trend line support could be a threat to the bullish outlook.

  9. #8
    Forex in the blood
    lonely
     
    jurex is on a distinguished road jurex's Avatar
    Join Date
    Dec 2010
    Gender:
    Female
    Posts
    244
    Accumulated bonus
    63.30 USD
    Thanks
    0
    Thanked 13 Times in 13 Posts
    AUDUSD’s upward movement from 0.9830 extends further to as high as 1.0079 level. As long as 0.9987 support holds, uptrend is expected to continue and next target would be at 1.0110 area. On the downside, below 0.9987 will indicate that a cycle top has been formed on 4-hour chart, and the rise from 0.9830 has completed, then the following bearish movement could bring price back to 0.9600-0.9700 area.

    forexcycle.com

  10. #9
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    There are two possible channels in the four hour timeframe of this pair, one of them is in black and the other one is in green dotted line:

    Green channel is really annoying because is indicating a possible 1.0120 price should be reached but price is already at the upper bond of the black channel and is likely to fall from here.
    0.9980 and 0.9930 would be shorter-term profit targets and stops for the black channel play would be at 1.0090.

  11. <a href="">&#1060;&#1086;&#1088;&#1077;&#1082;&#1089; &#1087;&#1086;&#1088;&#1090;&#1072;&#1083;</a>
  12. #10
    Banned
    happy
     
    sasuke will become famous soon enough sasuke's Avatar
    Join Date
    Dec 2010
    Posts
    1,563
    Accumulated bonus
    601.20 USD
    Thanks
    1
    Thanked 50 Times in 35 Posts
    The AUDUSD continued its bullish bias earlier today in Asian session, hit 1.0088. The bias remains bullish in nearest term especially if price able to make a clear break above 1.0090 targeting all time high at 1.0182. Immediate support remains around 0.9987. Break below that area could lead us to neutral zone in nearest term but as long as price moves inside the bullish channel we are still in strong bullish outlook, aiming for new historical highs.

+ Reply to Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forex Forum Nigeria – Presentation
You are welcome to the Forex Forum Nigeria serving as a virtual salon for communication of traders of all levels. Forex is a dynamically developing financial market which is open 24 hours a day. Anyone can get access to this market via a brokerage company. On this forum you can discuss the numerous advantages of trading on the currency market and all aspects of online trading on MetaTrader4 and MetaTrader5 platforms.

Forex Forum Nigeria – Trading discussions
Every forumite can join a discussion of various issues, including those related to Forex but not limited to. The forum has been designed for sharing opinions and helpful information and is open for both professionals and beginners. Mutual assistance and tolerance are highly appreciated. If you would like to share you experience with others or deepen your knowledge of trading craft, you are most welcome to the forum threads dedicated to trading discussions.

Forex Forum Nigeria – Dialogue between brokers and traders (about brokers)
In order to be successful on Forex, it is crucial to choose a brokerage company with due diligence. Make sure you broker is really reliable! Thus you will be impervious to many risks and will make profitable trades on Forex. On the forum a rating of brokers is represented; it is based on comments left by their customers. Post your opinion about the brokerage company you work with, it will help other traders avoid mistakes and choose a good broker.

Unleashed communication on Forex Forum Nigeria
On this forum you can talk about not only trading issues, but any other topics you like. Offtopping is allowed in a special thread too! Humour, philosophy, social problems or practical wisdom – converse about anything you are interested in, including forex trading if you like!

Bonuses for communication on Forex Forum Nigeria
Those who post messages on the forum can receive money bonuses and use them for trading on an account of a forum sponsor. The forum is not meant for gaining profit; however forumites can get these small bonuses as reward for the time spent on the forum and sharing views on the currency market and trading.