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AUD/USD ready to continue Rise after down move.

From now the AUD/USD will be building up momentum for the news of thursday, the Employment Change will be much better than expected. This will support the technical move upwards with great momentum.In the big monthly scale this is seen with the trendline following the market upwards.As it is streep, I expect this to easily hold for continuation movement up.As price previously ranged in between roughly 0.885 and 0.96 it will also do now.So this month will be up towards point 1. and then down agai…
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nuonrg 11 Sep.

Another 26 pips today out of this pair. My entry was 15 pips shy of perfectness ;] good we don't strive for that. Just profit is enough.

ilonalt avatar
ilonalt 11 Sep.

I think, AUD will go up

nuonrg avatar
nuonrg 11 Sep.

Did you look at the current chart for that?

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nuonrg 13 Sep.

My update on the $AUDUSD for you. Main point is it broke 0.92350 clearly this week. Now it is retesting this level for Support. 0.92 is important to hold. If it holds it tests 50 / 61 retracement. It then goes for first target of 0.95. Notice that 0.94 will be a hurdle to take here. So great for taking profit or adding to position on the right signal. Break and retest. If it doesnt hold and breaks down it will drop back to the green circle target Nr 2. Good luck trading next week.

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nuonrg 22 Sep.

AUDUSD
Two scenario's can playout. First:
0.93 will have to hold as support, but it seems like a false breakout to me.
Retracement towards 0.917 seems likely.
But then I see a powerfull trendline move happen up again towards 0.96.
Building up an inverted Head and Shoulders pattern.
Second is that it won't pullback and just continue up to my first target at 0.96.
I am looking for price action.

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GBP/USD keeps rising instead of turning the tops.

After my winning contest in July 2013 (3th place) I like to share my vision again about the GBP/USD in the comming 2 months.On the Daily big picture the recent pinbar shows support from the 1.5460 level.Dovish prices were rejected back up.Recent uptrend and channeling upwards support this view.But more important after some undecidement, the 1.5590 level is strongly broken en now acts as support.Thus in the next view I setup my target price pattern.The pattern is decided upon trendlines and fibon…
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nuonrg 11 Sep.

OMG this pair went straight to pips heaven! 100 pips easily. And I missed my entry on a micro pip ?!?! Unbelievable.

ilonalt avatar
ilonalt 11 Sep.

nice analysis, you are right till now :)

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nuonrg 11 Sep.

Thanks Ilonalt let's hope the market is nice for my tradingplan.

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nuonrg 13 Sep.

Ok end of week folks. And we arrived strongly at my first profit target. Firm hit. Actually found support at the 800 MA. Now 1.58750 will be an important level. If it holds it returns to my target nr2 touchign lower channel band at 1.5740. If it breaks up it might go for the touch of the upper channelband first at 1.60. Before touching my target nr2 or even go straight to target nr3 at 1.587 at double support and both near the lower parts of the channel. Good luck next week trading this setup.

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nuonrg 22 Sep.

GBPUSD
Pound I am seeing take back a bit first. Get a breath. Back to the horizontal support zone between 1.59 and 1.58.
Kicking in then for the ride up for long term target of 1.62550 also horizontal support from back in jan and dec / sept last year.
It will range a bit between 1.59 and 1.60 so towards will be the first target again depending on price movement.
1.588 is crucial in this range to hold else it drops back to 1.57 first hand.

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Found the way up again? Also GBP/USD does.

As you can see on the Daily chart of GBP/USD, after all shocking Bernanke news the markets shaked out.The USD is back to be sold until at least the end of the year against most pairs, the GBP in this case.The spike back up brought the GBP back into the multi-month channel upwards, and that is where it gonna stay again for a decent amount of time.The 1.50 is said goodbye for now and we won't look back.On the 4 Hour chart you can see the big spike up based on fundamental news of the big change in …
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nuonrg 3 Sep.

I won 3rd place in the Technical Analysis Contest of Dukascopy July 2013! http://t.co/SPhQi53bcH via @FX_Community @DukascopyFx #forex #fx Thanks for your likes and votes! Please join my webinar soon, keep an eye on the Dukascopy Community calendar for the exact time.

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