AUD Trading Outlook Archive

Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7055 Our preference Short positions below 0.7055 with targets @ 0.6995 & 0.6975 in extension. Alternative scenario Above 0.7055 look for further upside with 0.7085 & 0.7115 as targets. Comment The RSI is mixed to bearish.

AUDUSD Pivot: 0.696 Likely scenario: Long positions above 0.696 with targets @ 0.7035 & 0.706 in extension. Alternative scenario: Below 0.696 look for further downside with 0.6935 & 0.69 as targets. Comment: The RSI is well directed.

Intraday Technical Strategy AUD/USD Intraday: continuation of the rebound. Pivot 0.6935 Our preference Long positions above 0.6935 with targets @ 0.7035 & 0.706 in extension. Alternative scenario Below 0.6935 look for further downside with 0.69 & 0.685 as targets. Comment A support base at 0.6935… Read more

AUDUSD Pivot: 0.701 Likely scenario: Short positions below 0.701 with targets @ 0.6935 & 0.69 in extension. Alternative scenario: Above 0.701 look for further upside with 0.7035 & 0.706 as targets. Comment: A break below 0.6935 would trigger a drop towards 0.69.

Intraday Technical Strategy AUD/USD Intraday: bullish bias above 0.698. Pivot 0.6980 Our preference Long positions above 0.698 with targets @ 0.7035 & 0.706 in extension. Alternative scenario Below 0.698 look for further downside with 0.6935 & 0.69 as targets. Comment A support base at 0.698… Read more

AUDUSD Pivot: 0.698 Likely scenario: Long positions above 0.698 with targets @ 0.706 & 0.709 in extension. Alternative scenario: Below 0.698 look for further downside with 0.6935 & 0.69 as targets. Comment: The RSI lacks downward momentum. The pair has broken above a declining trend… Read more

Intraday Technical Strategy AUD/USD Intraday: the bias remains bullish. Pivot 0.6980 Our preference Long positions above 0.698 with targets @ 0.706 & 0.709 in extension. Alternative scenario Below 0.698 look for further downside with 0.6935 & 0.69 as targets. Comment The RSI lacks downward momentum…. Read more

AUDUSD Pivot: 0.698 Likely scenario: Long positions above 0.698 with targets @ 0.706 & 0.709 in extension. Alternative scenario: Below 0.698 look for further downside with 0.6935 & 0.69 as targets. Comment: The pair has broken above a declining trend line.

AUDUSD Pivot: 0.706 Likely scenario: Short positions below 0.706 with targets @ 0.697 & 0.694 in extension. Alternative scenario: Above 0.706 look for further upside with 0.709 & 0.712 as targets. Comment: The RSI is bearish and calls for further downside.

Intraday Technical Strategy AUD/USD Intraday: the downside prevails. Pivot 0.7060 Our preference Short positions below 0.706 with targets @ 0.697 & 0.694 in extension. Alternative scenario Above 0.706 look for further upside with 0.709 & 0.712 as targets. Comment The RSI is mixed to bearish.