Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT tid,hits,start_time FROM biztimes_stats.stats_articles_au WHERE tid='426511' Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT cmt_count FROM ib_articles_counts WHERE id='426511' Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT * FROM ib_sources WHERE id='252' Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT * FROM ib_articles_options WHERE article_id='426511' Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT * FROM ib_rates WHERE article_id='426511' LIMIT 1 AUD/USD Technical Analysis (Australian Dollar / US DOllar) - International Business Times

AUD/USD Technical Analysis (Australian Dollar / US DOllar)

  • Rate this Story
  • 0
  • 0

January 22, 2013 10:00 PM EST

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

Sentiment :

1,0525

1,05

--- 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

Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT id FROM ib_slideshows WHERE timestamp>1413952199 AND hits>0 AND outkey='Y' ORDER BY hits DESC LIMIT 10Host 'subweb.ibtimes.com' is not allowed to connect to this MySQL serverSELECT id FROM ib_slideshows WHERE timestamp<1413952199 AND timestamp>1413692999 AND hits>0 AND outkey='Y' ORDER BY hits DESC LIMIT 10
  • Rate this Story
  • 0
  • 0

Join the Conversation

IBTimes TV