AUD/USD Technical Analysis (Australian Dollar / US DOllar) - Forex
International Business Times
  • Rate this Story
  • 0
  • 0

January 22, 2013 10:00 PM EST

Forextribe
Updated the:
01/22/2013		 AUD/USD : Short term bearish channel

Sentiment :
sentiment sur la parité AUD/USD
1,0525
sentiment sur la parité AUD/USD
1,05
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair AUD/USD has started last night a bullish rally. The upward breaks of 1.0525 and 1.0550 offered new buy signals. On this movement, the pair has also validated an output of its short-term bearish channel (brown segments on the 1h charts). 1.0550 is now support.

I advise to trade only long positions parity as far as the price is above 1.0525.
A stay above 1.0550 will reinforce the bullish sentiment.
A break of 1.0575 will give a new buy signal and allow a return of 1.06 or higher if this resistance is also broken.

In case of return below 1.0525, then I will advise traders to wait a break of 1.05 before trading short positions.
Full analysis

Analysis published by Vincent, the 01/21/2013 at 09h30 GMT+2
- Complete sheet of the pair AUD/USD - Previous AUD/USD Analysis -
Chart of the pair AUD/USD - Timeframe 1H
AUD/USD Technical Analysis
Chart of the pair AUD/USD - Timeframe 4H
AUD/USD Technical Analysis
  • Rate this Story
  • 0
  • 0
For more reports, go to Forextribe

Join the Conversation

IBTimes TV
More



Most popular
  1. AUD/USD Forecast 20 May 13
  2. USDCAD: through key resistance at 1.0230
  3. EUR/USD Trades Sideways with Vague Perspectives
  4. Euro Eyes Fresh 2013 Low on ECB Policy- Pound Rebound on Tap
  5. Forex Signals - EURUSD Support In Sight
  6. EURUSD Daily Forecast: May 17
  7. Euro / Yen - 17/05/2013 05:26 GMT
Forex Education
more
E-Newsletters

We value your privacy. Your email address will not be shared.

Home
World
AU
Economy
Companies
Tech
Global Markets
Education
TV
Real Estate
Forex
Commodities
Gold
More Sections
Fashion
Auto
Travel
Health
Law
Entertainment
Sports
Luxury
Art
Tools & Features
Topics
Market Data
Stock Watch List
Financial Glossary
World Business Headlines
Updates
RSS Feeds
IBTimes on Twitter
IBTimes on Facebook
Services
FX Wire Pro
Press Release
About IBTimes
News Licensing
Media Kit
Advertise with Us
About IBTimes
Contact Us
Terms of Service
Privacy Policy