AUDUSD Pivot: 0.7325 Likely scenario: Short positions below 0.7325 with targets @ 0.7285 & 0.7255 in extension. Alternative scenario: Above 0.7325 look for further upside with 0.735 & 0.738 as targets. Comment: The upward potential is likely to be limited by the resistance at 0.7325.
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (30-07-2015)
July 30, 2015Australian Dollar (AUD) Trading Outlook (30-07-2015)
July 30, 2015Intraday Technical Strategy AUD/USD Intraday: bullish bias above 0.729. Pivot 0.7290 Our preference Long positions above 0.729 with targets @ 0.7355 & 0.738 in extension. Alternative scenario Below 0.729 look for further downside with 0.7255 & 0.723 as targets. Comment A support base at 0.729… Read more
Australian Dollar (AUD) Trading Outlook (29-07-2015)
July 29, 2015AUDUSD Pivot: 0.729 Likely scenario: Long positions above 0.729 with targets @ 0.7355 & 0.738 in extension. Alternative scenario: Below 0.729 look for further downside with 0.7255 & 0.723 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its extent… Read more
Australian Dollar (AUD) Trading Outlook (29-07-2015)
July 29, 2015Intraday Technical Strategy AUD/USD Intraday: key resistance at 0.734. Pivot 0.7340 Our preference Short positions below 0.734 with targets @ 0.7255 & 0.723 in extension. Alternative scenario Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment As long as 0.734 is… Read more
Australian Dollar (AUD) Trading Outlook (28-07-2015)
July 28, 2015AUDUSD Pivot: 0.734 Likely scenario: Short positions below 0.734 with targets @ 0.7255 & 0.723 in extension. Alternative scenario: Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment: Even though a continuation of the technical rebound cannot be ruled out, its… Read more
Australian Dollar (AUD) Trading Outlook (28-07-2015)
July 28, 2015Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7340 Our preference Short positions below 0.734 with targets @ 0.7255 & 0.723 in extension. Alternative scenario Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment The RSI is below its neutrality area… Read more
Australian Dollar (AUD) Trading Outlook (27-07-2015)
July 27, 2015AUDUSD Pivot: 0.734 Likely scenario: Short positions below 0.734 with targets @ 0.7255 & 0.723 in extension. Alternative scenario: Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment: Even though a continuation of the technical rebound cannot be ruled out,… Read more
Australian Dollar (AUD) Trading Outlook (27-07-2015)
July 27, 2015Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7340 Our preference Short positions below 0.734 with targets @ 0.723 & 0.72 in extension. Alternative scenario Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment The RSI is mixed to… Read more
Australian Dollar (AUD) Trading Outlook (24-07-2015)
July 24, 2015AUDUSD Pivot: 0.734 Likely scenario: Short positions below 0.734 with targets @ 0.7265 & 0.723 in extension. Alternative scenario: Above 0.734 look for further upside with 0.738 & 0.7415 as targets. Comment: The RSI has broken down its 30 level.
Australian Dollar (AUD) Trading Outlook (24-07-2015)
July 24, 2015Intraday Technical Strategy AUD/USD Intraday: choppy. Pivot 0.7345 Our preference Long positions above 0.7345 with targets @ 0.742 & 0.745 in extension. Alternative scenario Below 0.7345 look for further downside with 0.7325 & 0.729 as targets. Comment The RSI lacks downward momentum.