FX:AUDUSD   Australian Dollar / U.S. Dollar
233 0 0
H/T @JohnKicklighter from dailyfx.com for pointing out the S&P 500             move.



A$             was unable to close above the the resistance level of 1.05837 & also was unable to close above the .382 fib extention level taken from the 6/4/12 low & 9/6/12 low.

The S&P             however was able to move higher, while the A$             which is a risk currency that correlates positively with the S&P             could not advance past recent highs.

The candle was able to pierce these levels but was pushed back down, leading to the formation of a shooting star again indicating a possible reversal / correction of this months advance.

RSI is also trending downward.

enter-- sell A$             on monday's open. With a stop above resistence of 1.06742 and a profit target of 1.04426

Later today I will post an hourly A$             chart with some potential intraday trades.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out