AUD Trading Outlook Archive

AUD/USD Intraday: watch 0.7730 Pivot: 0.7795 Our preference: short positions below 0.7795 with targets @ 0.7730 & 0.7675 in extension. Alternative scenario: above 0.7795 look for further upside with 0.7830 & 0.7860 as targets. Comment: even though a continuation of the technical rebound cannot be… Read more

Trade AUD/USD Intraday: the bias remains bullish Pivot: 0.7760 Our preference: long positions above 0.7760 with targets @ 0.7825 & 0.7860 in extension. Alternative scenario: below 0.7760 look for further downside with 0.7730 & 0.7675 as targets. Comment: a support base at 0.7760 has formed… Read more

AUD/USD Intraday: the bias remains bullish Pivot: 0.7760 Our preference: long positions above 0.7760 with targets @ 0.7825 & 0.7860 in extension. Alternative scenario: below 0.7760 look for further downside with 0.7730 & 0.7675 as targets. Comment: even though a continuation of the consolidation cannot… Read more

Trade AUD/USD ST: the upside prevails Pivot: 0.7380 Our preference: long positions above 0.7380 with targets @ 0.7805 & 0.8080 in extension. Alternative scenario: below 0.7380 look for further downside with 0.7260 & 0.7100 as targets. Comment: technically the RSI is above its neutrality area… Read more

Trade AUD/USD Intraday: expect 0.7685. Pivot: 0.7520 Our preference: long positions above 0.7520 with targets @ 0.7635 & 0.7685 in extension. Alternative scenario: below 0.7520 look for further downside with 0.7490 & 0.7455 as targets. Comment: the RSI is bullish and calls for further advance…. Read more

Trade AUD/USD Intraday: further upside. Pivot: 0.7520 Our preference: long positions above 0.7520 with targets @ 0.7590 & 0.7615 in extension. Alternative scenario: below 0.7520 look for further downside with 0.7490 & 0.7455 as targets. Comment: the RSI calls for a new upleg. Supports and… Read more

Trade AUD/USD Intraday: watch 0.7490. Pivot: 0.7550 Our preference: short positions below 0.7550 with targets @ 0.7490 & 0.7455 in extension. Alternative scenario: above 0.7550 look for further upside with 0.7590 & 0.7635 as targets. Comment: a break below 0.7490 would trigger a drop towards… Read more

AUD/USD Intraday: further advance. Pivot: 0.7555 Our preference: long positions above 0.7555 with targets @ 0.7645 & 0.7685 in extension. Alternative scenario: below 0.7555 look for further downside with 0.7530 & 0.7510 as targets. Comment: the RSI is bullish and calls for further advance. Supports… Read more

AUD/USD Intraday: key resistance at 0.7570. Pivot: 0.7570 Our preference: short positions below 0.7570 with targets @ 0.7505 & 0.7475 in extension. Alternative scenario: above 0.7570 look for further upside with 0.7605 & 0.7645 as targets. Comment: the RSI is mixed with a bearish bias…. Read more

AUD/USD ST: the bias remains bullish Pivot: 0.7260 Our preference: long positions above 0.7260 with targets @ 0.7805 & 0.8080 in extension. Alternative scenario: below 0.7260 look for further downside with 0.7100 & 0.6820 as targets. Comment: technically the RSI is above its neutrality area… Read more