Aud/usd system analysis

US30

Just taking a look in a couple of charts, one large (Weekly) and one small (15 minute)

On the Weekly chart we are using dynamic fib tools walking up the swing up, with a low of .9563 on 07.04.2010. The first swing up 9563/10719/9936 is complete...so we move to the next swing. 9936/11468/10927 is the "working" fib in the weekly chart, that's shown with the extensions moved all the way to the right. The third dynamic fib,that is still in play, is shown just extended to the right. This is taking both swings as one.

Weekly chart resistance - 13043, 13223, 13404
Weekly chart support - 12832, 12459, 12104/32, 11879/74

15 minute chart has a Fibonacci retracement tool going down from 13040/12922. The 50% retracement is 12981, to continue lower we want to stay below this point. If we move lower, or higher (in this small timeframe) we look level to level. We are also showing a dynamic Fib tool on the small swing up, notice that (so far) we have made it to the 78.6% sub-barrier (12981), if we make it passed this we look to 100% (12991).

15 minute resistance - 12981,12991/94, 13008, 13014/19
15 minute support - 12973, 12967/68, 12949, 12922

Dan

Updated 15 minute price action

Dan

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GOLD!

GOLD is SOOOOOooooooooo technical!

Attached Image (click to enlarge)

Level by level...full Target 161.8% (1780) reached!

Dan

AUD/USD

15 min chart shows that even those big buy/sell orders follow technical levels. Fibonacci works in ALL timeframes, even the 15 second tick chart, lol.

DAN

yes, this is just funny!


lol,
Dan

Aud/Dkk, 1294 pips as of this writing

Attached Image (click to enlarge)

Attached Image (click to enlarge)

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AUD/USD

Dan

GOLD
what is next...

Since we hit the 161.8% Full Target 2 (1780) with price action as high as 1781...we will look at what is next. The dynamic fib tool that we used for this completed swing (1522/1630/1604) is colored dark grey. But don't forget that these levels are certainly in play for retracement. The new swing is in various colors, but we won't consider it a "working" swing until we get above 1783 and find support at or above it.

If we continue to find resistance at 1783, we will look down for areas of support. These areas cover a couple of swings all placed in the 240 chart, the more important support levels are in bold.

Support - 1780, 1767/63, 1754, 1713/06, 1671/72, 1642/46, 1608, 1573/62

Resistance -1783, 1802, 1828, 1862, 1828, 1862, 1883, 1911, 1923, 1941, 1960

Dan

EUR/USD TARGET HAS BEEN REACHED 1.3457,
Learn from the best, trade with the best.

http://wtforex.com/analysisatrades.html

EUR/CAD TRADE CALL FOLLOW UP

Almost there

http://www.wtforex.com/analysisatrades.html

EUR/JPY TARGET REACHED.

http://www.wtforex.com/analysisatrades.html

AUD/USD

Dan

SILVER

Here we show a 240 Chart, which has been narrowed down a bit. This is in order to show a number of swings from various timeframes.

We have a dynamic fib working set at 26.14/29.74/28.58. It has given us a 61.8 barrier at 30.80, and a sub-barrier 78.6% at 31.40. Our 100% Target 1 is 32.17, while we have sub-targets 138.2 at 33.54, 150% at 33.96 and Full target 2 (161.8%) at 34.39.

We have made it to the Full target and now we need to see where we are going. Higher, or is it time to take a breather after hitting this big target (sound familar to Gold, eh?).

Support going down - 32.95, 32.72, 32.17, 31.40, 30.80, 30.37

Resistance going up - 33.54, 33.96, 34.39, 34.61

Dan

USOIL

Here's a Daily chart and two views of a 240 chart for US OIL











Resistance going up - 110.88, 112.21, 113.53
Support going down - 109.57, 106.61, 104.21, 102.33



There's a smaller fib in the second 240 chart as well, but the number weren't included here.


Dan

Eur/Cad target reached, 200 PIPS

GBP/DKK follow up, another 300 pips

Quoting adminfx

Disliked

target reached, follow up



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Ignored

Attached Image (click to enlarge)

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GBP/DKK FOLLOW UP closing on 600 pips, few more pips and

GOLD

Daily down to 100% mark and then sitting above

240 chart




Dan

Like Gold, I should have posted the SILVER - What is next...levels.

Here they are>>>

Silver, what is next

We need to get above 35.72 to have a chance at going to 37.31, 37.81, 38.30.
If we do not get above 35.72 (100%) then we will look for support at 34.82, 34.12, 33.63

Dan