You are here: Home > articles > Forex > AUD/USD – Buy Long 0.9167 – daily strategy for July 02, 2013
AUD/USD – Buy Long 0.9167 – daily strategy for July 02, 2013
July 2, 2013 4:00 pmVideo
Latest News
- Analysis of EUR/USD on May 8th. Euro aims for the 1.5 figure May 8, 2024
- Analysis of GBP/USD on May 8th. The pound hits an important level May 8, 2024
- USD/JPY: Simple Trading tips for novice traders on May 8th (US session) May 8, 2024
- GBP/USD: Simple trading tips for novice traders on May 8th (US session) May 8, 2024
- EUR/USD: Simple trading tips for novice traders on May 8th (US session) May 8, 2024
- Trading Signals for CRUDE OIL (WIT) for May 8-15, 2024: buy above $78.12 (21 SMA – 2/8 Murray) May 8, 2024
- GBP/USD: trading plan for the US session on May 8th (analysis of morning deals). The pound was bought in the area of 1.2471 May 8, 2024
- EUR/USD: trading plan for the US session on May 8th (analysis of morning deals). No statistics, no movement May 8, 2024
- EUR/USD. May 8th. The market continues to rest against the background of an empty calendar May 8, 2024
- Technical Analysis – USDCAD enjoys renewed strength May 8, 2024
- Technical Analysis – US 500 index advances towards all-time high May 8, 2024
- GBP/USD. May 8th. The pound does not expect a rate cut by the Bank of England May 8, 2024
- Video market update for May 08, 2024 May 8, 2024
- Technical Analysis – EURJPY flirts with 167.00 again May 8, 2024
- Technical Analysis – WTI oil futures restart downtrend May 8, 2024
- Forex forecast 05/08/2024: EUR/USD, Oil, Gold and SP500 from Sebastian Seliga May 8, 2024
- Technical Analysis – GBPUSD pulls back after testing 50-day SMA May 8, 2024
- Market Comment – US dollar recovers, stocks’ rally stalls as market tries to find its footing May 8, 2024
- USD/JPY: trading tips for beginners for European session on May 8 May 8, 2024
- Weekly Technical Outlook: 08/05/2024 – USDJPY, GBPUSD, USDCAD May 8, 2024
The Australian dollar fell after having touching the 0.92 area amid the RBA’s decision on the monetary policy stance. The regulator left its benchmark rate unchanged. As the result the pair fell to the daily support level. There is a likelihood that the pair will fail to break the low of 0.9109 which intensify the possibility of reaching the 0.9285 level, its first weekly resistance. If the pair manages to hit this level, it may quickly rise to the psychological level area of 0.95. Now, looking at the chart, we notice that the MACD indicator has formed three differences, indicating that an upward movement may continue above 0.91. Therefore, we recommend buying at the current price levels.
If you need personal consultation, Skype: gerardofx or contact me via e-mail: [email protected]
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: