日本語
Español
中文
Русский 
Français
- New York 07:26
- London 11:26
- Barcelona 12:26
- Tokyo 20:26
- Sydney 22:26
- RATES & CHARTS
- NEWS
- FUNDAMENTAL
- TECHNICAL
- TOOLS
- METATRADER
- LIVE
- EDUCATION
- FORUM
- SERVICES
- BROKERS & FDMs
- Premium
Chart of the Day
Chart of the Day − AUD/USD
Fri, Mar 13 2009, 16:05 GMT
by James Chen
FX Solutions | View company's profile
(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; horizontal support/resistance levels in yellow; uptrend lines in green; downtrend lines in red; chart patterns in white; 50-period simple moving average in light blue.)
3/13/2009 – AUD/USD – AUD/USD, a daily chart of which is shown, has recently been entrenched in a prolonged consolidation right above a gradual uptrend support line extending from the October 5-year lows (around 0.6000). Within the context of this consolidation, price has also formed a triangle-like formation which was just broken to the upside earlier in the week. This break was neither strong nor fast, so price can still be considered as wallowing in a sideways consolidation near long-term lows. Two potential trigger points reside above and below that would, if broken, signal a directional breakout of this consolidation. To the downside, any substantial breakdown of the previously noted uptrend support line should target strong support around the 0.6000 low. To the upside, any significant breakout above the 0.6800 support/resistance level could ultimately target further resistance in the 0.7265 price region.
* Visit my forex tips and techniques blog here: http://fxpath.fxstreet.com *
IMPORTANT NOTICE: These comments are for information purposes only. The information contained on this document does not constitute a solicitation to buy or sell by FX Solutions, LLC., and/or its affiliates, and is not to be available to individuals in a jurisdiction where such availability would be contrary to local regulation or law. Opinions, market data, and recommendations are subject to change at any time. Forex trading involves substantial risk of loss and is not suitable for all investors.
Published on Fri, Mar 13 2009, 16:06 GMT
FX Solutions, LLC
http://www.fxsolutions.com | info@fxsol.com
Archive
- Chart of the Day – EUR/USD
Published On Thu, Mar 18 2010, 15:22 GMT - Chart of the Day – AUD/USD
Published On Wed, Mar 17 2010, 16:56 GMT - Chart of the Day – GOLD
Published On Tue, Mar 16 2010, 14:50 GMT - Chart of the Day – GBP/USD
Published On Mon, Mar 15 2010, 15:26 GMT - Chart of the Day – USD/CAD
Published On Fri, Mar 12 2010, 16:25 GMT
Legal disclaimer and risk disclosure
FX Solutions, L.L.C.® assumes no responsibility for errors, inaccuracies or omissions in these materials. FX Solutions, L.L.C.® does not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FX Solutions, L.L.C.® shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials.Related reports
The EUR/USD is continuing the bearish trend from last week by Varengold Wertpapierhandelsbank AG
Mon, Mar 22 2010, 10:15 GMT
Will they, or won't they… by RANsquawk
Mon, Mar 22 2010, 09:25 GMT
USDJPY erratic situation is extended by Investija.com
Mon, Mar 22 2010, 08:52 GMT
Financial Trend Analysis Strategy: Short EURUSD by Financial Trend Analysis
Mon, Mar 22 2010, 08:40 GMT
EU political stalemate on Greece continues to weigh on the euro by KBC Bank
Mon, Mar 22 2010, 08:28 GMT
Related content
Forex: NZD/USD breaks below 0.7045 session low
FXstreet.com | Mon, Mar 22 2010, 11:10 GMT
Indices: Europe sliding, bailout believers battered
FXstreet.com | Mon, Mar 22 2010, 11:02 GMT
Commodities: Crude resilient in ropey markets
FXstreet.com | Mon, Mar 22 2010, 10:34 GMT
Forex: USD/JPY fails above 90.60, drops to 90.50
FXstreet.com | Mon, Mar 22 2010, 10:32 GMT
Forex: EUR/GBP, capped at 0.9045, eases to 0.9020 area
FXstreet.com | Mon, Mar 22 2010, 10:31 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2010 "FXstreet.com. The Forex Market" All Rights Reserved.