DislikedYes DB, there are mountains ahead but we gotta go through the gorge before we get there.Ignored
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DislikedYes DB, there are mountains ahead but we gotta go through the gorge before we get there.Ignored
Dislikedit may, but it will be an area I'll be considering, I also have 1.0620 on my chart which is not shown btw..Ignored
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DislikedUsing candlesticks literally may lead one to believe an illusion as a solid object. Could you zoom out the chart to get a bigger picture?Ignored
DislikedYep, but to be perfectly honest, it doesn't necessarily mean that we'll see a big continuous move down. In fact, if a move up is in the cards, we may actually see a hammer candle for the next month.Ignored
DislikedLTFs have been quite unpredictable in audusd - in the past few months. Thus, relying on the already closed monthly candles seems to make more sense.
If I were to judge things by looking at the weekly chart, I would say that there is a 50% chance of a move up next week - doji. Once again though - there is a chance of next month being yet another consolidation month. Right now, it's all about jpy - market doesn't care about aud anymore^^Ignored
Disliked"there is a 50% chance of a move up next week." Are you saying "there is also a 50% chance of a move down next week"? Your message gave no clues and showed no directions.
http://www.forexfactory.com/attachme...1&d=1342182564Ignored
DislikedI see the AUD/USD pair stuck dead center in a relatively tight 4% range (weekly price chart) and compressing. Top of range is 1.0625, bottom is 1.0225. Current price is sitting dead on a point of support. Price Action and fundamental factors bias look to me like this will take us to the 1.0250 level and possibly parity quite soon if the 1.2500 price is broken and held.
Any feedback?
Thanks,
sjcIgnored