Wednesday, 4 November 2015

Forex Signal : AUD/USD



Forex Signal : AUD/USD ( 4 HOURLY )

Technical Analysis :

AUD/USD is having bullish secondary trend on the charts. The pair is sustaining below the trend line after breakout and is consolidating at higher levels in its four hourly chart. Price is sustaining above 200 day SMA and 50 day SMA indicating the bullish trend in the pair. It is having an important resistance at the level of 0.7260 and support at the level of 0.7060. If it breaks its resistance level and sustains above it then we can expect it to show further bullish movement in the pair.

AUD/USD Forex Technical Analysis

Forex Indicators:

MACD is supporting the upcoming bullish trend in the pair.
RSI is also sustaining in its buying zone indicating the upcoming bullish trend in the pair.

AUD/USD Forex Technical Chart

Trading Strategy

AUD/USD is looking bearish on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra day to mid term positions.



PAIR
S3
S2
S1
PIVOT
R1
R2
R3
EUR/USD
1.0785
1.0880
1.0915
1.0972
1.1007
1.1065
1.1158
GBP/USD
1.5235
1.5320
1.5370
1.5407
1.5455
1.5493
1.5580
USD/JPY
1.2075
1.2100
1.2110
1.2125
1.2135
1.2150
1.2170
USD/CHF
0.9737
0.9817
0.9869
0.9897
0.9949
0.9977
1.0057
AUD/USD
0.7045
0.7118
0.7160
0.7190
0.7232
0.7262
0.7335
EUR/GBP
0.7093
0.7097
0.7100
0.7101
0.7104
0.7105
0.7109
USD/CAD
1.2835
1.2961
1.3009
1.3087
1.3135
1.3213
1.3339
NZD/USD
0.6443
0.6561
0.6608
0.6679
0.6726
0.6797
0.6915

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