AUD Trading Outlook Archive

AUD/USD Intraday: under pressure Pivot: 0.7210 Our preference: short positions below 0.7210 with targets @ 0.7145 & 0.7115 in extension. Alternative scenario: above 0.7210 look for further upside with 0.7235 & 0.7260 as targets. Comment: as long as the resistance at 0.7210 is not surpassed,… Read more

Trade AUD/USD Intraday: under pressure. Pivot: 0.7300 Our preference: short positions below 0.7300 with targets @ 0.7210 & 0.7190 in extension. Alternative scenario: above 0.7300 look for further upside with 0.7335 & 0.7365 as targets. Comment: a break below 0.7210 would trigger a drop towards… Read more

Trade AUD/USD Intraday: turning down. Pivot: 0.7335 Our preference: short positions below 0.7335 with targets @ 0.7280 & 0.7265 in extension. Alternative scenario: above 0.7335 look for further upside with 0.7365 & 0.7400 as targets. Comment: the immediate trend remains down and the momentum is strong…. Read more

Trade AUD/USD Intraday: turning up. Pivot: 0.7280 Our preference: long positions above 0.7280 with targets @ 0.7370 & 0.7400 in extension. Alternative scenario: below 0.7280 look for further downside with 0.7245 & 0.7220 as targets. Comment: the RSI calls for a new upleg. Supports and resistances:… Read more

Trade AUD/USD Intraday: key resistance at 0.7310. Pivot: 0.7310 Our preference: short positions below 0.7310 with targets @ 0.7245 & 0.7220 in extension. Alternative scenario: above 0.7310 look for further upside with 0.7335 & 0.7370 as targets. Comment: even though a continuation of the technical… Read more

AUD/USD Intraday: turning up Pivot: 0.7325 Our preference: long positions above 0.7325 with targets @ 0.7415 & 0.7450 in extension. Alternative scenario: below 0.7325 look for further downside with 0.7295 & 0.7260 as targets. Comment: the RSI is supported by a rising trend line. Supports… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7385 Our preference: short positions below 0.7385 with targets @ 0.7260 & 0.7190 in extension. Alternative scenario: above 0.7385 look for further upside with 0.7450 & 0.7515 as targets. Comment: technically the RSI is below its neutrality area at… Read more

AUD/USD ST: turning down Pivot: 0.7685 Our preference: short positions below 0.7685 with targets @ 0.7260 & 0.7100 in extension. Alternative scenario: above 0.7685 look for further upside with 0.7840 & 0.8080 as targets. Comment: the RSI is bearish and calls for further downside. Supports… Read more

AUD/USD Intraday: under pressure. Pivot: 0.7685 Our preference: short positions below 0.7685 with targets @ 0.7575 & 0.7545 in extension. Alternative scenario: above 0.7685 look for further upside with 0.7725 & 0.7765 as targets. Comment: as long as the resistance at 0.7685 is not surpassed,… Read more

Trade AUD/USD Intraday: under pressure. Pivot: 0.7685 Our preference: short positions below 0.7685 with targets @ 0.7545 & 0.7495 in extension. Alternative scenario: above 0.7685 look for further upside with 0.7725 & 0.7765 as targets. Comment: even though a continuation of the technical rebound cannot… Read more