TradablePatterns
Long

AUDUSD Weekly Chart Bottoming

FX:AUDUSD   Australian Dollar/U.S. Dollar
AUDUSD             is making a tradable bottom on the weekly chart as seen by the RSI , Stochastics rising off overold levels. The weekly MACD blue line is still sloping a bit down, but appears to be in the early stage of flattening. Significantly, you can see AUDUSD             having found support close to current levels in early 2014 and early 2010. AUDUSD             broke briefly below this major .86 support level in May/June 2010, forming a major bottom near .80. This downside risk / support line becomes more relevant when viewing AUDUSD             using a monthly chart, where bearishness persists longer term.

Feel free to visit http://stks.co/i1AjA for today's technical analysis on $EURUSD, $SI_F, $GC_F, $USDX, $AUDUSD, $GBPUSD, $ZS_F, $ZW_F, $ZC_F, $CT_F, $NG_F, $KC_F.

Website: http://tradablepatterns.com
FB: http://facebook.com/tradablepatterns
Stocktwits: http://stocktwits.com/TradablePatterns
Twitter: https://twitter.com/chu_darren
Linkedin: https://www.linkedin.com/in/darrenchu
YouTube: https://www.youtube.com/channel/UCCI1YG-qzDMWg6hzYd8D8kw
Google+: https://google.com/+Tradablepatternscom

Email: info@tradablepatterns.com
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out