AUD Trading Outlook Archive

AUD/USD Intraday: the upside prevails. Pivot: 0.7295 Our preference: long positions above 0.7295 with targets @ 0.7385 & 0.7420 in extension. Alternative scenario: below 0.7295 look for further downside with 0.7250 & 0.7200 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7460… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7209 Our preference: long positions above 0.7209 with targets @ 0.7330 & 0.7370 in extension. Alternative scenario: below 0.7209 look for further downside with 0.7160 & 0.7105 as targets. Comment: the RSI is well directed. Supports and resistances: 0.7385… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7105 Our preference: long positions above 0.7105 with targets @ 0.7195 & 0.7220 in extension. Alternative scenario: below 0.7105 look for further downside with 0.7065 & 0.7030 as targets. Comment: the RSI is bullish and calls for further upside…. Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7160 Our preference: short positions below 0.7160 with targets @ 0.7095 & 0.7065 in extension. Alternative scenario: above 0.7160 look for further upside with 0.7195 & 0.7220 as targets. Comment: as long as 0.7160 is resistance, expect a return… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7196 Our preference: short positions below 0.7196 with targets @ 0.7094 & 0.7065 in extension. Alternative scenario: above 0.7196 look for further upside with 0.7220 & 0.7255 as targets. Comment: the RSI advocates for further decline. Supports and resistances:… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7190 Our preference: long positions above 0.7190 with targets @ 0.7255 & 0.7275 in extension. Alternative scenario: below 0.7190 look for further downside with 0.7160 & 0.7140 as targets. Comment: the RSI is supported by a rising trend line…. Read more

AUD/USD Intraday: under pressure. Pivot: 0.7220 Our preference: short positions below 0.7220 with targets @ 0.7165 & 0.7140 in extension. Alternative scenario: above 0.7220 look for further upside with 0.7255 & 0.7275 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 0.7275 0.7255… Read more

AUD/USD Intraday: turning down. Pivot: 0.7230 Our preference: short positions below 0.7230 with targets @ 0.7155 & 0.7130 in extension. Alternative scenario: above 0.7230 look for further upside with 0.7255 & 0.7275 as targets. Comment: the RSI is badly directed. Supports and resistances: 0.7275 0.7255… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7195 Our preference: long positions above 0.7195 with targets @ 0.7245 & 0.7270 in extension. Alternative scenario: below 0.7195 look for further downside with 0.7155 & 0.7130 as targets. Comment: the break above the resistance at 0.7195 triggered an… Read more

AUD/USD Intraday: the bias remains bullish. Pivot: 0.7100 Our preference: long positions above 0.7100 with targets @ 0.7170 & 0.7190 in extension. Alternative scenario: below 0.7100 look for further downside with 0.7070 & 0.7030 as targets. Comment: technically the RSI is above its neutrality area… Read more