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Posts Tagged ‘Australia Dollar’

Forex: AUDUSD [Technical Comment]

July 5, 2011 Leave a comment

Given AUDUSD held back by resistance at 1.0803, a pullback will see support at 1.0680 and 1.0620 again. We view 1.0708 as the key breakdown point and support, best viewed on the H4 chart, with a successful break below this level likely to see it come off to 1.0620.(HND)

Forex: AUDUSD [Technical Comment]

July 5, 2011 Leave a comment

Based on H4 chart time frame, AUDUSD looks as if the recent consolidation after testing key support at 1.0629 will result in a rebound to initial resistance at 1.0703. A breakout above 1.0703 will not come easily, but a successful move will place 1.0745 as the next level to watch. A failure to pass 1.0745 should see it slide back to or very near the support at 1.0650. (HP)

Forex: AUDUSD [Technical Comment]

July 4, 2011 Leave a comment

Having held above the 1.0718 support, AUDUSD looks as if it will rebound and test resistance at 1.0750 A successful break places 1.0763 as the immediate target, and a failure to pass 1.0750 will likely see it fall back to support at 1.0718 again (ARF).

Forex: AUDUSD [Conditional Trade]

July 1, 2011 Leave a comment

Based on M5 chart time frame, a bullish trend is beginning to form in AUDUSD. Wait for correction and if it successfully breaks up again above resistance at 1.0693, then it will be possible to take on a long position at 1.0695 with an initial target at 1.0775. Place a stop loss at 1.0635. (HP)

Forex: AUDUSD [Trade Signal] Update

July 1, 2011 Leave a comment

Just closed our sell AUDUSD at level 1.0691, the sell position was at 1.0721. (HP)

Forex: AUDUSD [Technical Comment]

July 1, 2011 Leave a comment

AUDUSD advances and nearly hit short term key resistance at 1.0776. Successful break above this level will likely lead AUDUSD to 1.0887. Failure to penetrate this level will bring AUDUSD back to initial support at 1.0597. (TS)

Forex: AUDUSD [Technical Comment]

July 1, 2011 Leave a comment

AUDUSD advances and nearly hit short term key resistance at 1.0776. Failure to penetrate this level will bring AUDUSD back to initial support at 1.0597 (TS)

Forex: AUDUSD [Trade Signal]

July 1, 2011 Leave a comment

Short at 1.0721, SL at 1.0790, TP at 1.0515. (MT)

Forex: AUDUSD [Technical Comment]

June 30, 2011 Leave a comment

The recent retracement in AUDUSD should see it test price support at 1.0717. If it fails to hold here, we view 1.0681 then 1.0664 as immediate supports of note, with first resistance now at 1.0742.(HND)

Forex: AUDUSD [Technical Comment]

June 30, 2011 Leave a comment

The recent rebound in AUDUSD should see it test price resistance at 1.0715. If it manages to break out here, we view 1.0750 then 1.0770 as immediate resistance of note, with first support now at 1.0660.(ARF)