Thursday 11 September 2014

AUDUSD as predicted

Hi Traders,

Please take a minute to see my courses. I can take you hand-by-hand to profitable trading. Not to be missed!

To check the plan of courses CLICK HERE. To contact me CLICK HERE.


The AUDUSD (now at 0.9129) did exactly as predicted. After getting up to level 0.94 it tanked to 0.9111 and bounced back up to 0.9217. Here the major downtrend resumed. Although another small rally to 0.9236-38 is still possible, the closest target downwards is now 0.9085 and the area 0.9005-0.8997.

T1: 0.9085 and the area 0.9005-0.8997.
T2: the area 0.8892-0.8869.
T3: the area 0.8578-0.8509
T4: the area 0.8420-0.8300.


In the monthly chart (and in the weekly chart) "wave 5" downwards is in the making as the Aussie is pointing down to 0.9086 and below (long term trend).

In the 1-hour chart " Wave 1 and 2 - of a lower degree - are completed. Wave 3 is being traced.

The most likely targets appear to be the area 0.8578-0.8509 and the area 0.8420-0.8300. See monthly chart and weekly chart

Monthly chart - click to enlarge

Weekly chart - click to enlarge

Daily chart - click to enlarge

Wave oscillator on a daily chart - click to enlarge

4-hour chart - click to enlarge

1-hour chart - click to enlarge

No comments:

Post a Comment

Hi Traders. Tell me if you agree or (politely) disagree.

Note: only a member of this blog may post a comment.