{"id":15410,"date":"2010-11-15T08:30:27","date_gmt":"2010-11-15T13:30:27","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=15410"},"modified":"2010-11-15T08:30:27","modified_gmt":"2010-11-15T13:30:27","slug":"buy-signals-on-audusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/11\/15\/buy-signals-on-audusd\/","title":{"rendered":"Buy Signals on AUD\/USD"},"content":{"rendered":"<p><strong>By Anton Eljwizat <\/strong>&#8211; The pair has recorded much bearish behavior in the past several days.  However, the technical data indicates that this trend may reverse  anytime soon. For example, as I demonstrate below, the 8-hour chart  signals that a bullish reversal is imminent. Forex traders have the  opportunity to wait for the upward breach on the hourlies and go long in  order to ride out the impending wave.<\/p>\n<p>\u2022\tBelow is the 8-hour chart of the AUD\/USD currency pair.<\/p>\n<p>\u2022\tThe technical indicators used are the Slow Stochastic, MACD, and Relative Strength Index (RSI).<\/p>\n<p>\u2022\tPoint 1: The Slow Stochastic indicates a bullish cross, signaling that the next move may be in an upward direction.<\/p>\n<p>\u2022\tPoint 2: The Relative Strength Index (RSI) signals that the price  of this pair currently floats in the over-sold territory, indicating  upward pressure.<\/p>\n<p>\u2022\tPoint 4: The MACD indicates an impending bullish cross, which may  signal an upward movement is going to occur in the near future.<\/p>\n<p><strong>AUD\/USD 8-Hour Chart<\/strong><\/p>\n<p><a href=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/11\/AUD-USD-15-11-20101.JPG\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/11\/AUD-USD-15-11-20101.JPG\" alt=\"\" width=\"507\" height=\"682\" \/><\/a><\/p>\n<p><em><strong>Forex <\/strong><strong>Market Analysis provided by <a href=\"http:\/\/www.forexyard.com\/?zone_id=1398\" target=\"_blank\">ForexYard.<\/a><\/strong><\/em><\/p>\n<p>\u00a9 2006 by FxYard Ltd<\/p>\n<p>Disclaimer: Trading Foreign Exchange carries a high level of risk and                                                                                                                                                 may         not       be                   suitable         for          all                                   investors.                  There             is     a                                                           possibility                      that                             you                  could                          sustain  a         loss                of      all              of              your                                                    investment       and                                           therefore       you                                   should         not                         invest                            money         that             you                                    cannot                     afford  to                              lose.        You                                should            be                  aware            of                      all               the              risks                                          associated                 with                    Foreign                              Exchange                                 trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Anton Eljwizat &#8211; The pair has recorded much bearish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 8-hour chart signals that a bullish reversal is imminent. Forex traders have the opportunity to wait for the upward breach &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/11\/15\/buy-signals-on-audusd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Buy Signals on AUD\/USD&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-15410","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=15410"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/15410\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=15410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=15410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=15410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}