AUDUSD Analysis 02/12/14

FX:AUDUSD   Australian Dollar / U.S. Dollar
174 0 1
Long term trend: Down
Medium term trend: Down
Significant Levels: 0.9000 (Significant Round Number), 0.8310 (Horizontal Support), 0.8550 (Horizontal Resistance), Trend Line

The downtrend is still intact in this pair. Last Thursday, 27th of November, the price chart formed a bearish pin bar . This pin bar is a signal that AUDUSD             is still in the downtrend and the price will probably continue to go down. The pin bar is still a valid setup as of now. It would be great to place a sell limit below the nose of the pin bar and a stop loss above the tail.

Trade well.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
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