AUDUSD Pivot: 0.741 Likely scenario: Short positions below 0.741 with targets @ 0.7345 & 0.7325 in extension. Alternative scenario: Above 0.741 look for further upside with 0.743 & 0.745 as targets. Comment: As long as 0.741 is resistance, look for choppy price action with… Read more
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (23-07-2015)
July 23, 2015Australian Dollar (AUD) Trading Outlook (23-07-2015)
July 23, 2015Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7430 Our preference Short positions below 0.743 with targets @ 0.7345 & 0.7325 in extension. Alternative scenario Above 0.743 look for further upside with 0.745 & 0.7475 as targets. Comment The RSI is badly directed.
Australian Dollar (AUD) Trading Outlook (22-07-2015)
July 22, 2015AUDUSD Pivot: 0.7385 Likely scenario: Long positions above 0.7385 with targets @ 0.745 & 0.7475 in extension. Alternative scenario: Below 0.7385 look for further downside with 0.7345 & 0.7325 as targets. Comment: The RSI is well directed.
Australian Dollar (AUD) Trading Outlook (22-07-2015)
July 22, 2015Intraday Technical Strategy AUD/USD Intraday: rebound. Pivot 0.7355 Our preference Long positions above 0.7355 with targets @ 0.7455 & 0.7475 in extension. Alternative scenario Below 0.7355 look for further downside with 0.7325 & 0.73 as targets. Comment The RSI is mixed to bullish.
Australian Dollar (AUD) Trading Outlook (21-07-2015)
July 21, 2015AUDUSD Pivot: 0.7345 Likely scenario: Long positions above 0.7345 with targets @ 0.7395 & 0.742 in extension. Alternative scenario: Below 0.7345 look for further downside with 0.7325 & 0.73 as targets. Comment: Even though a continuation of the consolidation cannot be ruled out, its… Read more
Australian Dollar (AUD) Trading Outlook (21-07-2015)
July 21, 2015Intraday Technical Strategy AUD/USD Intraday: the upside prevails. Pivot 0.7325 Our preference Long positions above 0.7325 with targets @ 0.7405 & 0.7435 in extension. Alternative scenario Below 0.7325 look for further downside with 0.73 & 0.7275 as targets. Comment The RSI broke above a declining… Read more
Australian Dollar (AUD) Trading Outlook (20-07-2015)
July 20, 2015AUDUSD Pivot: 0.7385 Likely scenario: Short positions below 0.7385 with targets @ 0.73 & 0.7275 in extension. Alternative scenario: Above 0.7385 look for further upside with 0.7405 & 0.7435 as targets. Comment: The RSI is capped by a declining trend line.
Australian Dollar (AUD) Trading Outlook (20-07-2015)
July 20, 2015Intraday Technical Strategy AUD/USD Intraday: turning down. Pivot 0.7435 Our preference Short positions below 0.7435 with targets @ 0.735 & 0.733 in extension. Alternative scenario Above 0.7435 look for further upside with 0.7475 & 0.7495 as targets. Comment The RSI is badly directed.
Australian Dollar (AUD) Trading Outlook (17-07-2015)
July 17, 2015AUDUSD Pivot: 0.7375 Likely scenario: Long positions above 0.7375 with targets @ 0.7435 & 0.7475 in extension. Alternative scenario: Below 0.7375 look for further downside with 0.735 & 0.733 as targets. Comment: The RSI is bullish and calls for further advance.