AceTraderforex Aug 22, 2013 : Daily Market Outlook on Minors/Crosses AUD/USD

[B]DAILY AUD/USD OUTLOOK - 0.8988
22 Aug 2013 [I]01:48GMT [/I][/B]

Y’day’s anticipated selloff to 0.8966 confirms
corrective rise fm Aug’s 3-year low at 0.8848 has
has indeed ended at 0.9234 n consolidation with
downside bias remains for further weakness twds
0.8920 but price wud hold well abv 0.8848 today.

Sell on recovery for 0.8940 with stop as indica
ted, abv may risk stronger gain to 0.9099 b4 down.

[B]STRATEGY[/B] : Stop hit

[B]POSITION[/B] : Short at 0.8938

[B]STOP-LOSS[/B] : 0.8988

[B]RES[/B] : 0.9058/0.9099/0.9133

[B]SUP[/B] : 0.8966/0.8920/0.8848

DAILY AUD/USD OUTLOOK - 0.8962
27 Aug 2013 07:19GMT

Aud’s sharp retreat fm y’day’s top at 0.9070
signals recovery fm Thur’s low at 0.8932 has ended
there, below said sup wud confirm decline fm last
Mon’s top at 0.8934 has resumed n extend weakness
twd 0.8920 but chart sup at 0.8848 shud hold.

Sell on recovery with stop as indicated, abv wud
signal a low is made n risk gain twd 0.9070.

[B]STRATEGY[/B] : Sell at 0.9000

[B]OBJECTIVE[/B] : 0.8920

[B]STOP-LOSS[/B] : 0.9040

[B]RES[/B] : 0.9038/0.9070/0.9099

[B]SUP[/B] : 0.8932/0.8848/0.8800

[B]DAILY AUD/USD OUTLOOK - 0.9099[/B]
04 Sep 2013 [I]02:42GMT [/I]

Aud’s rally fm last Fri’s 0.8893 low to 0.9073
y’day signals fall fm Aug’s top at 0.9234 has made
a temp. low there n stronger retrace. of intermedi-
ate decline fm 0.9234 to 0.9099, however, reckon
0.9133 res shud cap upside due to o/b condition.

Buy on dips for this move n only below 0.8964
wud suggest recovery is possibly over, 0.8924.

[B]STRATEGY[/B] : Hold long

[B]POSITION[/B] : Long at 0.9070

[B]OBJECTIVE[/B] : 0.9130

[B]STOP-LOSS[/B] : 0.9060

[B]RES[/B] : 0.9133/0.9190/0.9234

[B]SUP[/B] : 0.9038/0.8964/0.8924

[B]DAILY AUD/USD OUTLOOK - 0.9058
6 Dec 2013 [/B][I]00:17GMT[/I]

Although y’day’s rebound fm 0.9003 to 0.9078
after holding abv Wed’s 3-month low at 0.8999 sug-
gests decline fm 0.9758 (Oct) has made a temp. low
n consolidation is envisaged, as long as 0.9098/03
holds, downside bias remains for a strg retreat.

Sell on next upmove but below 0.8999 needed to
extend twd 0.8973. Abv 0.9125 risk 0.9147, 0.9169.

[B]STRATEGY :[/B] Sell at 0.9090
[B]
OBJECTIVE :[/B] 0.9020
[B]
STOP-LOSS :[/B] 0.9125
[B]
RES :[/B] 0.9078/0.9114/0.9147
[B]
SUP :[/B] 0.9045/0.8999/0.8959

[B]DAILY AUD/USD OUTLOOK - 0.8918
18 Dec 2013[/B] 07:35GMT

Despite y’day’s resumption of decline fm 0.9758
(Oct) to 0.8882 in NY, subsequent recovery suggests
initial consolidation wud be seen, reckon previous
strg res at 0.8970 shud cap rebound n yield re-test
of 0.8882 but 2013 low at 0.8848 (Aug) shud hold.

Sell on intra-day recovery for this move n only
a daily close abv 0.8970 risks 0.9010/20.

[B]STRATEGY :[/B] Sell at 0.8965

[B]OBJECTIVE :[/B] 0.8885

[B]STOP-LOSS :[/B] 0.8995

[B]RES :[/B] 0.8970/0.9010/0.9069

[B]SUP :[/B] 0.8882/0.8848/0.8800

[B]DAILY AUD/USD OUTLOOK
14 Jan 2014[/B] [I]00:26 GMT[/I]

Y’day’s rally abv 0.9005 (Jan 03 high) to 0.9087
signals corrective rise fm Dec’s 3-1/2 year low at
0.8820 to retrace MT downtrend has resumed n fur-
ther gain to 0.9118 is seen, however, o/bot condi-
tion shud cap price well below daily res at 0.9169.

Buy on dips for this move n only firm breach of
0.9005 suggests top possibly made, risks 0.8953/65.

[B]Rate [/B]
0.9037
[B]
Strategy/Entry Level[/B]
Buy at 0.9015

[B]Objective [/B]
0.9100

[B]Stop-Loss[/B]
0.8980

[B]Resistance/Support[/B]
R: 0.9087/0.9118/0.9169
S: 0.9005/0.8953/0.8912

] [B]DAILY AUD/USD OUTLOOK - 0.8934
13 Feb 2014[/B] [I]01:49GMT[/I]

AUD’s intra-day sell off on poor AU employment
data confirms corrective rise from Jan’s 3-1/2 year
trough at 0.8660 has made a top at 0.9068 yesterday and
downside bias is seen for a retrace to 0.8907,
then 0.8864 (50% r) before prospect of rebound.

Sell on pullback with stop as indicated, above would
defer and risk gain to 0.9048 but 0.9068 would hold.

[B]DAILY AUD/USD OUTLOOK - 0.8950
20 Feb 2014[/B] [I]01:54GMT[/I]

Despite yesterday’s rebound from 0.8989 to 0.9044, sub
sequent retreat on Dollar’s strength suggests downside
bias would be seen n below 0.8989 would yield stronger
retrace. of rise from Jan’s 3-1/2 year trough at 0.86
60 twds 0.8966, then 0.8945/50.

Trade from short side with stop now as indicated,
above would signal pullback from Tuesday’s 0.9081 top is over