AUD/USD Opens Week at Critical Juncture

Jamie Saettele, CMT

Mon, Apr 14, 2014, 1:30 PM

Daily

eliottWaves_aud-usd_body_Picture_8.png, AUD/USD Opens Week at Critical Juncture

Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0

Automate trades with Mirror Trader and see ideas on other USD crosses

-AUDUSD has traded into the 2011 low and 2009 high (.9386-.9405) and late November high. The market is also at channel resistance. This is a good place for a reaction if not a sharp turn lower.

LEVELS: .9264 .9337 .9389 | .9447 .9500 .9580

--Trading specifics (setups with entries, stops, targets) are availabletoJ.S. Trade Desk members.

original source

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.
Learn forex trading with a free practice account and trading charts from FXCM.

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices
In response to California's new $20 minimum wage law, fast food franchises are being forced to rethink their business strategies to stay afloat. Scott Rodrick, who owns 18 McDonald's franchises in the state, is considering measures to manage the increased labor costs without resorting to layoffs, which he sees as a last resort. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? The average American couple has saved this much money for
Benzinga•13h ago
Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•14h ago
Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•21h ago
Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•3h ago
Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•7h ago
Analyst revises Google parent Alphabet's stock price target before earnings
Here's what could happen next to Alphabet's shares.
TheStreet•6h ago
Ford Stock Soared Today for 1 Big Reason and 3 Smaller Ones
Wall Street doesn’t get any credit for the move. There are no stock upgrades or price- target changes to cite.
Barrons.com•10h ago
Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•4h ago
Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.
There are many more companies beyond Nvidia that will see their stocks soar on the promise of AI, Goldman says.
Business Insider•5h ago
If You'd Invested $250 in Berkshire Hathaway 5 Years Ago, Here's How Much You'd Have Today
Berkshire stock produced huge gains for decades. But what about the last five years?
Motley Fool•20h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

AUD/USD Opens Week at Critical Juncture

Recommended Stories

California McDonald's Franchise Owner Says, 'The Focus Is On Survival' With 'Unprecedented' $20 Per Hour Minimum Wage Forcing Higher Prices

Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters

Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell

Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show

Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says

Analyst revises Google parent Alphabet's stock price target before earnings

Ford Stock Soared Today for 1 Big Reason and 3 Smaller Ones

Traders are betting that TSMC stock's sudden 13% sell-off will deepen

Goldman says we're still in phase 1 of AI's stock-market takeover. Here's how they expect phases 2 through 4 to play out.

If You'd Invested $250 in Berkshire Hathaway 5 Years Ago, Here's How Much You'd Have Today