nmike

AUDUSD positive divergence (daily)

FX:AUDUSD   Australian Dollar / U.S. Dollar
1128 30 13
The AUDUSD             monthly and weekly trend is still bearish , however there may be a short term long signal setting up in the daily frame. All indicators are showing positive divergence and Trix lines are showing short term upside momentum with Trix 7 about to break mid point. A break above resistance could see AUD reach around .9570 near term. If up trend continues the next target is around 1.009.
For more information and sample charts on this system follow this link :
.....next likely downside target around .888
snapshot
Reply
......down move update
snapshot
Reply
....RSI currently below key support, expect further downside
snapshot
Reply
Nice Series nmike
Reply
nmike MOD Technician
@Technician .......thanks :)
Reply
>>>> approaching KEY RSI support
snapshot
Reply
>>>>> it took a bit more sideways action for this positive divergence to play out, but finally we have hit the first target, at the moment we have overbought conditions, negative Trix divergence and an overextended Fisher so it's likely that we will have a pullback in the short term
Reply
...target hit as per last comment, likely next upside target, top of channel
snapshot
Reply
.......likely to test and or break .953 near term
snapshot
Reply
Touch that .931 area and I be a buyer
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
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