HumbleTraders

AUDUSD Chart Analysis 14 Feb 2016

FX:AUDUSD   Australian Dollar / U.S. Dollar
23 0 0
AUDUSD: 4h - Daily view
Aussie has been very volatile last week despite bank holidays in CNY             . It moved from the high of 0.1750 to lows at 0.6970. It closed the week at 0.7100.
This market sends mixed signals. C.O.T data shows that AUD might be turning long in midterm, but the economic data does not confirm it. We might see some more clarity this week with unemployment report. I favour long positions after larger pull back towards 0.6950 (38% fib retracement).
If AUDUSD             fails to print lower low on daily charts , it would suggest, the downtrend is complete.


AUDUSD: 15-30 min view
Looking at intraday charts, AUDUSD             does not provide any clear pattern to form a trading decision. Price had been moving up and down with no clear direction. I would suggest to wait for more price action here. I still keep my long bias. Break above 0.7220 would confirm more strength, otherwise is mixed.
Bulls @ 0.7220
Bears @ 0.7090
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