Showing posts with label AUDUSD. Show all posts
Showing posts with label AUDUSD. Show all posts

24.04.2012 02:10 GMT+1 - AUD/USD intraday: under pressure.


Pivot: 1.0325
Our preference: Short positions below 1.0325 with targets @ 1.027 & 1.025 in extension.
Alternative scenario: Above 1.0325 look for further upside with 1.035 & 1.0385 as targets.
Comment: the RSI is below its neutrality area at 50%

23.04.2012 07:22 GMT+1 - AUD/USD intraday: consolidation.


Pivot: 1.039
Our preference: Short positions below 1.039 with targets @ 1.03 & 1.0275 in extension.
Alternative scenario: Above 1.039 look for further upside with 1.041 & 1.0425 as targets.
Comment: as long as 1.039 is resistance, likely decline to 1.03.