AUD Trading Outlook Archive

AUD/USD Intraday: under pressure. Pivot: 0.7705 Our preference: short positions below 0.7705 with targets @ 0.7630 & 0.7600 in extension. Alternative scenario: above 0.7705 look for further upside with 0.7745 & 0.7790 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 0.7790 0.7745… Read more

AUD/USD Intraday: bullish bias above 0.7630 Pivot: 0.7630 Our preference: long positions above 0.7630 with targets @ 0.7705 & 0.7745 in extension. Alternative scenario: below 0.7630 look for further downside with 0.7565 & 0.7515 as targets. Comment: a support base at 0.7630 has formed and… Read more

AUD/USD Intraday: further advance. Pivot: 0.7610 Our preference: long positions above 0.7610 with targets @ 0.7700 & 0.7745 in extension. Alternative scenario: below 0.7610 look for further downside with 0.7565 & 0.7515 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 0.7790… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7565 Our preference: long positions above 0.7565 with targets @ 0.7645 & 0.7680 in extension. Alternative scenario: below 0.7565 look for further downside with 0.7535 & 0.7510 as targets. Comment: the RSI is bullish and calls for further upside…. Read more

AUD/USD Intraday: further upside. Pivot: 0.7535 Our preference: long positions above 0.7535 with targets @ 0.7610 & 0.7650 in extension. Alternative scenario: below 0.7535 look for further downside with 0.7495 & 0.7475 as targets. Comment: the RSI is bullish and calls for further upside. Supports… Read more

AUD/USD Intraday: key resistance at 0.7540 Pivot: 0.7540 Our preference: short positions below 0.7540 with targets @ 0.7475 & 0.7445 in extension. Alternative scenario: above 0.7540 look for further upside with 0.7570 & 0.7610 as targets. Comment: as long as the resistance at 0.7540 is… Read more

AUD/USD Intraday: towards 0.7475. Pivot: 0.7570 Our preference: short positions below 0.7570 with targets @ 0.7475 & 0.7445 in extension. Alternative scenario: above 0.7570 look for further upside with 0.7610 & 0.7650 as targets. Comment: the RSI has broken down its 30 level. Supports and… Read more

AUD/USD Intraday: rebound expected. Pivot: 0.7565 Our preference: long positions above 0.7565 with targets @ 0.7680 & 0.7715 in extension. Alternative scenario: below 0.7565 look for further downside with 0.7520 & 0.7475 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7760 0.7715… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7635 Our preference: short positions below 0.7635 with targets @ 0.7565 & 0.7520 in extension. Alternative scenario: above 0.7635 look for further upside with 0.7680 & 0.7715 as targets. Comment: the RSI is mixed to bearish. Supports and resistances:… Read more

AUD/USD Intraday: caution. Pivot: 0.7575 Our preference: long positions above 0.7575 with targets @ 0.7640 & 0.7680 in extension. Alternative scenario: below 0.7575 look for further downside with 0.7520 & 0.7475 as targets. Comment: a support base at 0.7575 has formed and has allowed for… Read more