AUD Trading Outlook Archive

AUD/USD Intraday: the downside prevails. Pivot: 0.7245 Our preference: short positions below 0.7245 with targets @ 0.715 & 0.711 in extension. Alternative scenario: above 0.7245 look for further upside with 0.727 & 0.73 as targets. Comment: the RSI is mixed to bearish. Supports and resistances:… Read more

AUD/USD Intraday: the bias remains bullish Pivot: 0.727 Our preference: long positions above 0.727 with targets @ 0.732 & 0.736 in extension. Alternative scenario: below 0.727 look for further downside with 0.724 & 0.7205 as targets. Comment: the RSI calls for a new upleg. Supports… Read more

AUD/USD Intraday: bullish bias above 0.726 Pivot: 0.726 Our preference: long positions above 0.726 with targets @ 0.7305 & 0.7335 in extension. Alternative scenario: below 0.726 look for further downside with 0.724 & 0.7205 as targets. Comment: even though a continuation of the consolidation cannot… Read more

AUD/USD Intraday: bullish bias above 0.726 Pivot: 0.726 Our preference: long positions above 0.726 with targets @ 0.7315 & 0.7335 in extension. Alternative scenario: below 0.726 look for further downside with 0.724 & 0.7205 as targets. Comment: even though a continuation of the consolidation cannot… Read more

AUD/USD Intraday: bullish bias above 0.724 Pivot: 0.724 Our preference: long positions above 0.724 with targets @ 0.7285 & 0.7315 in extension. Alternative scenario: below 0.724 look for further downside with 0.7205 & 0.718 as targets. Comment: a support base at 0.724 has formed and… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.72 Our preference: long positions above 0.72 with targets @ 0.725 & 0.728 in extension. Alternative scenario: below 0.72 look for further downside with 0.715 & 0.711 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7315… Read more

AUD/USD Pivot: 0.7185 Our preference: long positions above 0.7185 with targets @ 0.725 & 0.728 in extension. Alternative scenario: below 0.7185 look for further downside with 0.715 & 0.711 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 0.7315 *** 0.728 ***… Read more

AUD/USD Pivot: 0.715 Our preference: long positions above 0.715 with targets @ 0.72 & 0.7235 in extension. Alternative scenario: below 0.715 look for further downside with 0.711 & 0.709 as targets. Comment: technically the RSI is above its neutrality area at 50. Supports and resistances:… Read more

AUD/USD Pivot: 0.753 Our preference: short positions below 0.753 with targets @ 0.69 & 0.665 in extension. Alternative scenario: above 0.753 look for further upside with 0.7805 & 0.8165 as targets. Comment: as long as 0.753 is resistance, look for choppy price action with a… Read more

AUD/USD Pivot: 0.7165 Our preference: short positions below 0.7165 with targets @ 0.7065 & 0.7035 in extension. Alternative scenario: above 0.7165 look for further upside with 0.7215 & 0.7235 as targets. Comment: the break below 0.7165 is a negative signal that has opened a path… Read more