Wednesday, January 1, 2014

AUSSIE AUDUSD 2014 Forecast

AUDUSD 2014 Forecast:

1. Look attention on H4 Chart resistance lines if price breaks up those 2 resistance lines then price is definetely going to daily and weekly's fibo 50% level 0.9552

2. Daily chart - Look for the RSI has already broken up the resistance line. Now we are waiting for green resistance lines breaks

3. Weekly chart - You can see the bullish divergence it means bigger bullish correction is coming soon and that is drawing the Fibo retrace with the 2014 future pattern. Ooh yes fellows please look the red triangle pattern's breaks.
Fundamentel Trend :

Australian economy , monetary policy is continuing intensively . Australia 's central bank president , Steven said the Australian dollar equivalent of U.S. $ 0.85 , or 85 U.S. cents per unit to reduce said . And in this connection , said the central bank may cut interest rates . The current rate is AUDUSD 0.89 . And the Japanese government is Australian with buying large bonds 10years of related . In other words , Australia's central bank and the government has been intervening in the economy that can be understood.

Uneasy domestic economy and foreign trade to come to support the exchange relaxation . And governments are to contribute actively traded bonds . Australian bond investors that are buying the most is that Japan and the Japanese may be related with weakened iyenee of .
Australia 's central bank policy rate of 2.5 percent in the first half of next year is likely to 2.25 lower to 2.25 percent, as necessary , but would probably reduce the RBA- head 's Glenn Steven said.

Thanks All.
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