Condições de Negociações
Ferramentas
AUD/USD is moving within impulse wave C (from 1.0315) of medium term uptrend - colored royal blue in the chart. Within wave C there are A, B and C subwaves (colored magenta in the chart) with subwave C still developing from 1.0418. And the latter has four subwaves (colored red in the chart), with wave 4 still developing from 1.0771. The targets of the upmove are Fibonacci expansions off 0.9928-1.0600-1.0315, 1.0315-1.0533-1.0418, 1.0418-1.0685-1.0621.
Resistances:
- 1.0771 = expanded objective point (XOP)
- 1.0786 = contracted objective point (COP)
- 1.0888 = objective point (OP)
If the price reverses to the downside the immediate supports will be Fibonacci retracements of 1.0418-1.0771.
Supports:
- 1.0636 = .382 retracement
- 1.0595 = .50 ret
- 1.0553 = .618 ret
Overbought/Oversold
Assuming that the medium term trend is up it's preferable to try long positions when the Detrended Oscillator goes below the zero level (current prices) or gets into the oversold area (current prices).
Read more on how to apply Fibonacci studies to calculate price targets.
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