My AUDUSD analysis and trades:

[TraderDTS]

My AUDUSD last week analysis:

AUDUSD

Based on the previous analysis of 240 min chart, the closest target along the trend was Т1-0.8925 (Fig. 1).


Fig. 1 – 240

The target was reached on Jan. 28, 2010, but the trade was not made due to a small estimated profit (Fig. 2).


Fig. 2 – 240

[TraderDTS]

My AUDUSD FORECAST:

AUDUSD

Based on the weekly charts, the price moves upward, for the time being it has lingered near level 7/8, further rise is possible (Fig. 1).

Fig. 1 - W1

Reasoning from the daily charts, the closest target is Т1-1.0031 (Fig. 2).

Fig. 2 – D1

Reasoning from the 240 min chart analysis, the closest target along the trend is T1-0.8826 (Fig. 3).

Fig. 3 – 240

Reasoning from the hourly chart analysis, the closest target along the trend is 0.8734 (Fig. 4).


Fig. 4 – 60

[Theforexsignalspro]

Our suggest : Sell positions below 1.0509 with targets @ 1.0443 & 1.0395 in extension.