Today we will analyze the currency pair Singapore Dollar Australian Dollar (SGDAUD) for internet stock trading in the FOREX stock market,
Stock Technical indicators to notice in Singapore Dollar Australian Dollar (SGDAUD)
1- Last bullish trend was from 0.75 $ (10/27/2011) to 0.79 $ (11/23/2011) a 0.04 $ move 2- The current bearish trend started from 0.79 $ at 11/23/2011 and is currently trading at 0.75 $.
3- SGDAUD current support level is at 0.74 which is the 127.20 % fibonacci retracement of the last 0.04 $ move.
4- SGDAUD current resistance level is at 0.75 which is the 100.00 % fibonacci retracement of the last 0.04 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Singapore Dollar Australian Dollar (SGDAUD) Short term stock chart patterns for internet stock trading :

6- the currency pair was resisted by a resistance line, identified by two points: 0.787 and 0.798, and is currently resisting at 0.772.
Singapore Dollar Australian Dollar (SGDAUD) Mid term stock chart patterns for internet stock trading :

7- the currency pair was resisted by a resistance line, identified by two points: 0.804 and 0.870, and is currently resisting at 0.777.
Singapore Dollar Australian Dollar (SGDAUD) Long term stock chart patterns for internet stock trading :

8- the currency pair was resisted by a resistance line, identified by two points: 0.870 and 1.072 that was broken up at 0.785 transforming into a supporting line.

Stock Trading Conclusion:
Singapore Dollar Australian Dollar (SGDAUD) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .

Stock Resistance Levels : 0.751, 0.757, 0.762, 0.765, 0.767, 0.769, 0.772, 0.772, 0.773, 0.777, 0.778, 0.787,.
Stock Support levels : 0.741, 0.728,.