AUD/USD Trading Strategy
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
The Support at 0.9369 mentioned in our Morning comments is holding well and the Dollar-Swiss has risen back above 0.9400. However, it is still not gaining upside momentum to extend its upmove strongly above 0.400.This keeps alive the chances of revisiting the immediate Support at 0.9369 and a break below 0.9369 can take it further down towards 0.9325-00.
May 22 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss has risen well breaking above 0.9300 last week as we had expected. However, it failed to extend its upmove above 0.9500 and came off towards the end of the week. The overall picture is still bullish, but we are not sure as what would be the extend of the current pull back move from 0.9500. We see good Support in the broad 0.9350-00 region and then at 0.9259 (100-Week-MA).
May 21 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss failed to rise past 0.9500 and has come off during the day. The pull back move can extend further to 0.9430-10 Support region which is expected to hold. The overall picture is bullish and any strong downmove is not looking likely. Having said this we would expect the pair to remain and close above 0.9400 for the week today.
May 18 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss has found Support near 0.9420 itself and has risen above its Resistance at 0.9460. Our bullish outlook remains intact and the pair can now target 0.9550-80 in the near term. Also the long term picture is much more bullish for a test of 0.9800-9900 or even higher. Any sharp downmove is not looking likely now as the pair has good Support in 0.
May 17 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss is not gaining strength to rise past its Resistance at 0.9460. At the same time we do not see much downside momentum as well. Our overall bullish view remains the same. We see Support at 0.9400 which is expected to hold. On the upside a strong rise past 0.9460 can open doors for fruther rally to 0.9800-9900 or even higher.
May 16 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss was ranged between 0.9194 on the downside and 0.9307 on the upside last week. However, it has risen above 0.9300 and is keeping up the overall bullish sentiment intact. We expect a further rise to 0.9380-400 this week. Chances of this upmove extending further towards 0.9450 cannot be ruled out. Good Support at 0.9200, 0.9165-45 region and then at 0.9115. If it fails to sustain above 0.
May 14 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss failed to extend its break above 0.9300 and has come off from its high of 0.9307. However, the pair is not showing much downside momentum to extend its downmove strongly. This keeps the overall bullish view intact. Having said this, there is good chance of seeing a break and rise above 0.9300 towards 0.9380-9400. On the downside 0.9250 and 0.
May 11 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
DOllar-Swiss is continuing to trade below 0.9300, but is not gaining downside momentum and is trading in a range of 0.9260 and 0.9300. The overall picture is bullish with good Supports at 0.9040 and then near 0.9200. On the upside Resistance is seen at 0.9300 and a strong break above it will open doors for further rise to 0.9380-400. Dips to 0.9250 and 0.
May 10 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss has risen towards 0.9150 and a strong break above it can take it further up towards 0.9200 which is the important Support level to be watched on the upside. An immediate rise past this Resistance at 0.9200 is not looking likely and we might see a pull back if a rise to 0.9200 is seen. On the downside 0.9100 is an immediate Support and a break below it can take the pair down towards 0.
May 04 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss is continuing to remain higher and is on the verge to break above the immediate Resistance at 0.9150 as per our expectation. 0.9200 can be tested in the coming sessions and we expect this Resistance at 0.9200 to hold and a pull back is possible from this Resistance at 0.9200. As such we will be looking to sell on rallies to 0.9200.
May 03 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss has risen well above 0.9100 during the day and is now trading in its 0.9130-50 Resistance region. A break above 0.9150 can take it further up towards 0.9200 in the coming sessions and it will also ease the downside pressure a bit. However, 0.9200 is a strong Resistance level and an immediate break above 0.9200 might not be seen and we can expect a pull back from 0.9200.
May 02 | Kshitij Consultancy Service
Trading Ideas on GBP/USD, AUD/USD and USD/CHF
Dollar-Swiss saw a break below 0.9080 as we had expected and fell to a low of 0.9056. However, it has bounced back very well from its low 0.9056. But this bounce back move is facing Resistance now at 0.9100 and the pair is looking like coming off once again. The overall picture is still weak and we expect a test of 0.9000 on the downside in the coming sessions.
Apr 26 | Kshitij Consultancy Service


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