Intraday Technical Strategy AUD/USD Intraday: rebound. Pivot 0.7350 Our preference Long positions above 0.735 with targets @ 0.747 & 0.7495 in extension. Alternative scenario Below 0.735 look for further downside with 0.733 & 0.73 as targets. Comment The RSI is well directed.
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (17-07-2015)
July 17, 2015Australian Dollar (AUD) Trading Outlook (16-07-2015)
July 16, 2015AUDUSD Pivot: 0.741 Likely scenario: Short positions below 0.741 with targets @ 0.733 & 0.73 in extension. Alternative scenario: Above 0.741 look for further upside with 0.743 & 0.747 as targets. Comment: The pair has broken below a rising trend line.
Australian Dollar (AUD) Trading Outlook (16-07-2015)
July 16, 2015Intraday Technical Strategy AUD/USD Intraday: the downside prevails. Pivot 0.7430 Our preference Short positions below 0.743 with targets @ 0.733 & 0.73 in extension. Alternative scenario Above 0.743 look for further upside with 0.747 & 0.749 as targets. Comment The RSI is badly directed. The… Read more
Australian Dollar (AUD) Trading Outlook (15-07-2015)
July 15, 2015AUDUSD Pivot: 0.7435 Likely scenario: Long positions above 0.7435 with targets @ 0.75 & 0.7535 in extension. Alternative scenario: Below 0.7435 look for further downside with 0.741 & 0.738 as targets. Comment: The RSI is bullish and calls for further upside.
Australian Dollar (AUD) Trading Outlook (15-07-2015)
July 15, 2015Intraday Technical Strategy AUD/USD Intraday: rebound. Pivot 0.7410 Our preference Long positions above 0.741 with targets @ 0.75 & 0.753 in extension. Alternative scenario Below 0.741 look for further downside with 0.738 & 0.735 as targets. Comment The RSI is well directed.
Australian Dollar (AUD) Trading Outlook (14-07-2015)
July 14, 2015AUDUSD Pivot: 0.744 Likely scenario: Short positions below 0.744 with targets @ 0.738 & 0.735 in extension. Alternative scenario: Above 0.744 look for further upside with 0.7465 & 0.75 as targets. Comment: As long as 0.744 is resistance, look for choppy price action with… Read more
Australian Dollar (AUD) Trading Outlook (14-07-2015)
July 14, 2015Intraday Technical Strategy AUD/USD Intraday: under pressure. Pivot 0.7460 Our preference Short positions below 0.746 with targets @ 0.737 & 0.735 in extension. Alternative scenario Above 0.746 look for further upside with 0.75 & 0.7535 as targets. Comment The RSI is badly directed.
Australian Dollar (AUD) Trading Outlook (13-07-2015)
July 13, 2015AUD/USD AUD/USD ST: the downside prevails. Pivot: 0.7805 Our preference: Short positions below 0.7805 with targets @ 0.727 & 0.698 in extension. Alternative scenario: Above 0.7805 look for further upside with 0.8165 & 0.8305 as targets. Comment: The RSI is bearish and calls… Read more
Australian Dollar (AUD) Trading Outlook (10-07-2015)
July 10, 2015AUDUSD Pivot: 0.744 Likely scenario: Long positions above 0.744 with targets @ 0.751 & 0.7535 in extension. Alternative scenario: Below 0.744 look for further downside with 0.74 & 0.737 as targets. Comment: The RSI lacks downward momentum.
Australian Dollar (AUD) Trading Outlook (09-07-2015)
July 9, 2015AUDUSD Pivot: 0.74 Likely scenario: Long positions above 0.74 with targets @ 0.75 & 0.7535 in extension. Alternative scenario: Below 0.74 look for further downside with 0.737 & 0.733 as targets. Comment: The RSI calls for a new upleg.