AUD/USD Technical Analysis
(Australian Dollar / US DOllar)

audusd
audusd


Updated the:
04/17/2014
AUD/USD : The price takes off !

Sentiment :
sentiment sur la parité AUD/USD
0.94
sentiment sur la parité AUD/USD
0.9350
sentiment sur la parité AUD/USD

--- Follow up analysis ---
The pair AUD/USD faked yesterday several time a return below 0.9350.
The price continues to evolve in our neutral zone between 0.9350 and 0.94 but is now moving into a short term bearish channel (new yellow lines on the 1h).
In the medium term, the price is still in the upper part of its bullish channel (blue lines).

I still advise traders to trade the AUD/USD outside the range 0.9350 / 0.94 :

- Stay flat (no position ) between 0.9350 and 0.94.

- Trade only Long positions (buy) above 0.94.
A break of 0.9450 will offer a new buy signal for a bullish extension towards 0.95.
Towards 0.9450, pay attention to the upper band of the bullish channel which still could act as reisstance.

- Trade only Shorts positions (sell) below 0.9350.
A break 0.93 will offer a new sell signal for an extension of the correction towards 0.9250.
Towards 0.93, pay attention to the central line of the medium term bullish channel (dotted blue line) and the lower band of the short term channel which could give support.

Full analysis

Analysis published by Vincent, the 04/17/2014 at 09h45 GMT+2


Chart of the pair AUD/USD - Timeframe 1H
AUD/USD Technical Analysis

Chart of the pair AUD/USD - Timeframe 4H
AUD/USD Technical Analysis

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