AUD/CAD and AUD/USD Bull Signals

Two Australian dollar forex currency pairs are showing a psar bull signal: The U.S. AUD/USD pair and its Canadian counterpart, the AUD/CAD pair.

Both have been trading sideways since Febuary.

	trend	adx	psar	pps	macd	macd trend	sto	sto trend
AUD/CAD C$0.9360
AUD/USD $0.9182

Both are showing low adx numbers, indicating very week trends with high whipsaw probabilities. The adx is 12 for AUD/USD, and 13 for AUD/CAD.


AUD/CAD You are here:

• Reversal
• C$0.9632, +2.9%
• C$0.9618, +2.8%
• C$0.9475, +1.2%
• C$0.9418, +0.6%
• Now C$0.9360
• Reversal
• C$0.9263, -1%
• C$0.9227, -1.4%

AUD/USD You are here:

• Reversal
• $ 0.9329, +1.6%
• $ 0.9251, +0.8%
• Now $0.9182
• Reversal
• $0.9001, -2%
• $0.8800, -4.2%

These signals will be followed in the daily Watchlist, which is posted beginning around 2:45 p.m. Eastern. Look for it at www.timbovee.com.

Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic   

About the glance:  The colors indicate the state of each signal.

• trend: green for up, red for down, yellow for sideways
• adx: green for above 30-up, red for 20-down, yellow for in the middle. Red is most prone to whipsaws
• psar, pps, macd: green for bull mode, red for bear
• sto: green for overbought, red for oversold, yellow for the neutral zone.