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.
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.
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
|
