AUD Trading Outlook Archive

AUD/USD Intraday: rebound. Pivot 0.7275 Our preference Long positions above 0.7275 with targets @ 0.739 & 0.743 in extension. Alternative scenario Below 0.7275 look for further downside with 0.721 & 0.7165 as targets. Comment The RSI is mixed to bullish.

AUDUSD Pivot: 0.7335 Likely Scenario: Short positions below 0.7335 with targets @ 0.721 & 0.7165 in extension. Alternative scenario: Above 0.7335 look for further upside with 0.7385 & 0.743 as targets. Comment: The RSI is badly directed.

AUDUSD Pivot: 0.7355 Likely Scenario: Short positions below 0.7355 with targets @ 0.73 & 0.7285 in extension. Alternative scenario: Above 0.7355 look for further upside with 0.7385 & 0.743 as targets. Comment: The RSI is badly directed.

Intraday Technical Strategy AUD/USD Intraday: the downside prevails. Pivot 0.7355 Our preference Short positions below 0.7355 with targets @ 0.726 & 0.723 in extension. Alternative scenario Above 0.7355 look for further upside with 0.7385 & 0.743 as targets. Comment The RSI is badly directed.

AUDUSD Pivot: 0.7385 Likely Scenario: Short positions below 0.7385 with targets @ 0.73 & 0.7285 in extension. Alternative scenario: Above 0.7385 look for further upside with 0.743 & 0.745 as targets. Comment: The RSI is badly directed.

Medium Term Strategy: Forex Pair of the day AUD/USD – under pressure The pair stands below the strong resistance at 0.7805. In addition, the 20 and 50-days moving averages crossed downward and the RSI stands below its neutrality area. As a consequence, further weakness is expected… Read more

AUDUSD Pivot: 0.7355 Likely scenario: Long positions above 0.7355 with targets @ 0.743 & 0.745 in extension. Alternative scenario: Below 0.7355 look for further downside with 0.7335 & 0.7315 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more

Intraday Technical Strategy AUD/USD Intraday: the upside prevails. Pivot 0.7335 Our preference Long positions above 0.7335 with targets @ 0.743 & 0.745 in extension. Alternative scenario Below 0.7335 look for further downside with 0.7315 & 0.7285 as targets. Comment The RSI lacks downward momentum.

AUDUSD Pivot: 0.7335 Likely scenario: Long positions above 0.7335 with targets @ 0.739 & 0.743 in extension. Alternative scenario: Below 0.7335 look for further downside with 0.7315 & 0.7285 as targets. Comment: The RSI is well directed.

Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7365 Our preference Short positions below 0.7365 with targets @ 0.73 & 0.726 in extension. Alternative scenario Above 0.7365 look for further upside with 0.739 & 0.743 as targets. Comment The RSI lacks upward momentum.