AUD Trading Outlook Archive

AUD/USD Intraday: the upside prevails. Pivot: 0.7575 Our preference: long positions above 0.7575 with targets @ 0.7715 & 0.7780 in extension. Alternative scenario: below 0.7575 look for further downside with 0.7520 & 0.7475 as targets. Comment: the RSI calls for a new upleg. Supports and… Read more

AUD/USD Intraday: further advance. Pivot: 0.7520 Our preference: long positions above 0.7520 with targets @ 0.7630 & 0.7670 in extension. Alternative scenario: below 0.7520 look for further downside with 0.7475 & 0.7440 as targets. Comment: the RSI calls for a new upleg. Supports and resistances:… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7500 Our preference: short positions below 0.7500 with targets @ 0.7425 & 0.7405 in extension. Alternative scenario: above 0.7500 look for further upside with 0.7530 & 0.7555 as targets. Comment: the RSI is badly directed. Supports and resistances: 0.7555… Read more

AUD/USD Intraday: under pressure Pivot: 0.7595 Our preference: short positions below 0.7595 with targets @ 0.7480 & 0.7455 in extension. Alternative scenario: above 0.7595 look for further upside with 0.7620 & 0.7650 as targets. Comment: the RSI is badly directed. Supports and resistances: 0.7650 0.7620… Read more

AUD/USD ST: the upside prevails. Pivot: 0.7100 Our preference: long positions above 0.7100 with targets @ 0.7805 & 0.8080 in extension. Alternative scenario: below 0.7100 look for further downside with 0.6820 & 0.6650 as targets. Comment: the RSI is bullish and calls for further upside…. Read more

AUD/USD Intraday: rebound expected. Pivot: 0.7430 Our preference: long positions above 0.7430 with targets @ 0.7530 & 0.7560 in extension. Alternative scenario: below 0.7430 look for further downside with 0.7410 & 0.7385 as targets. Comment: the RSI is mixed with a bullish bias. Supports and… Read more

AUD/USD Intraday: the bias remains bullish. Pivot: 0.7440 Our preference: long positions above 0.7440 with targets @ 0.7530 & 0.7560 in extension. Alternative scenario: below 0.7440 look for further downside with 0.7410 & 0.7385 as targets. Comment: even though a continuation of the consolidation cannot… Read more

AUD/USD Intraday: bullish bias above 0.7413. Pivot: 0.7413 Our preference: long positions above 0.7413 with targets @ 0.7485 & 0.7530 in extension. Alternative scenario: below 0.7413 look for further downside with 0.7385 & 0.7345 as targets. Comment: even though a continuation of the consolidation cannot… Read more

AUD/USD Intraday: bullish bias above 0.7385. Pivot: 0.7385 Our preference: long positions above 0.7385 with targets @ 0.7495 & 0.7530 in extension. Alternative scenario: below 0.7385 look for further downside with 0.7345 & 0.7295 as targets. Comment: even though a continuation of the consolidation cannot… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7346 Our preference: long positions above 0.7346 with targets @ 0.7460 & 0.7495 in extension. Alternative scenario: below 0.7346 look for further downside with 0.7295 & 0.7250 as targets. Comment: even though a continuation of the consolidation cannot be… Read more