AUD/USD

Isn't this a 1hr TF?

Sorry Marc, I do agree that I shoud have provided some proof. See the below charts. On my simple 4Hr frame Fib ret/exp chart you can see that we are back where we started. The violet line is marking HEAVY sup/res since December. Over the past 2 months, this resistance has been tested/failed 2 times. If economic releases would have come a fed days later and allowed us to be near a test zone, then I think it could have been broken. Now I feel that exhaustion is setting in as we are rounding out and candles are closing mid. Also, we are reaching Overbought and momentum has a direction change on the last two candles.

One the white H1 window you can see that (20) CCI is coming down from above and crossing 100. H4CCi changed direction from above 100, M30 CCI is making a move to cross 0.00 and M15 will be confirmed under 0.00 on first candle of trading. On ADX, D+ losing strength to D- and a cross will might come soon. Also, these are coming from extreme moves and a wide st dev. Also, you can see that we are well above 20, 40, 60 and 100 MAs and we should revert back for a test/bounce. Last on this chart is the Heiken Ashi line cross that settled last trading day.

I gotta run right now but I will come back and give you a fundie and line analysis to support. I am not going to make any trade decisions on accounts until at least the first H1 candle next trade.

The daily AUD/USD chart shows that price is still contained within the large green pitchfork, but might be running into some resistance from the upper line of this yellow wedge that could be forming or by the upper line of the blue fork above.

I will be shorting spikes towards upper yellow and blue lines, but a daily close above the blue fork will put me long towards previous highs and maybe even the median line of the green fork.

Great Chart. ya, it looks like it could be either way on your pitch. If it tests your top pitch blue I would expect the change and a confirmation of new direction. I don't know if Daily trend can be supported anymore. This will be an interesting trading week. Good Luck and may the PA be with you too

http://www.news.com.au/business/aust...-1225837988334

Daily

AND THIS ONE TOO...

aud/jpy 15 min

what do you guys reckon, is this a clean break of resistance?

Bit soon to tel I think wait till Euro TZ.

Be careful around 913x... the BB on the daily chart is pointing down now.

what's BB?

AU can fool a lot of people, but the day of reckoning is near.

bollinger band

ok, ty, what TF do u use? 1hr?

you guys don't see 92.6? then 85?

Might look at starting to get into some shorts now.....weekly resistance...could hit the top trendline though

The NZD/USD and AUD/USD charts are interesting, in that last March was the high for NU, while the high for AU was in July.

Are you related to Roubini? You know I want it to go down but I'm having a hard time convincing myself to short it at this point. One hour chart looks a little stretched though.

Went short at 9006 and got stopped at 9050. Still bearish. What do you guys think about the Ichimoku charts here.
http://www.nevilleandrade.com/Images...oku AUDUSD.JPG

And
http://www.nevilleandrade.com/Images...u audusd 2.gif

Understand that these are trend indicators. Last post does not show any trends. I guess I will wait till a trend is established.