AUD Trading Outlook Archive

AUD/USD Intraday: the bias remains bullish. Pivot: 0.7130 Our preference: long positions above 0.7130 with targets @ 0.7190 & 0.7210 in extension. Alternative scenario: below 0.7130 look for further downside with 0.7105 & 0.7080 as targets. Comment: a support base at 0.7130 has formed and… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7105 Our preference: long positions above 0.7105 with targets @ 0.7190 & 0.7210 in extension. Alternative scenario: below 0.7105 look for further downside with 0.7080 & 0.7060 as targets. Comment: technically the RSI is above its neutrality area at… Read more

AUD/USD Intraday: under pressure. Pivot: 0.7150 Our preference: short positions below 0.7150 with targets @ 0.7080 & 0.7060 in extension. Alternative scenario: above 0.7150 look for further upside with 0.7180 & 0.7220 as targets. Comment: even though a continuation of the technical rebound cannot be… Read more

AUD/USD Intraday: caution. Pivot: 0.7115 Our preference: short positions below 0.7115 with targets @ 0.7020 & 0.6970 in extension. Alternative scenario: above 0.7115 look for further upside with 0.7150 & 0.7170 as targets. Comment: the RSI is mixed and calls for caution. Supports and resistances:… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.7065 Our preference: long positions above 0.7065 with targets @ 0.7130 & 0.7170 in extension. Alternative scenario: below 0.7065 look for further downside with 0.7015 & 0.6970 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7200… Read more

AUD/USD Intraday: rebound. Pivot: 0.7015 Our preference: long positions above 0.7015 with targets @ 0.7100 & 0.7130 in extension. Alternative scenario: below 0.7015 look for further downside with 0.6970 & 0.6920 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7170 ** 0.7130… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.7150 Our preference: short positions below 0.7150 with targets @ 0.7040 & 0.7000 in extension. Alternative scenario: above 0.7150 look for further upside with 0.7210 & 0.7245 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 0.7245… Read more

AUD/USD Intraday: further upside. Pivot: 0.715 Our preference: long positions above 0.715 with targets @ 0.7245 & 0.728 in extension. Alternative scenario: below 0.715 look for further downside with 0.7115 & 0.707 as targets. Comment: the RSI lacks downward momentum. Supports and resistances: 0.7325 **… Read more

AUD/USD Intraday: limited upside. Pivot: 0.7115 Our preference: long positions above 0.7115 with targets @ 0.721 & 0.7225 in extension. Alternative scenario: below 0.7115 look for further downside with 0.707 & 0.7 as targets. Comment: the RSI is mixed. Supports and resistances: 0.7235 ** 0.7225… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.708 Our preference: short positions below 0.708 with targets @ 0.7 & 0.6965 in extension. Alternative scenario: above 0.708 look for further upside with 0.712 & 0.7174 as targets. Comment: the RSI is bearish and calls for further downside…. Read more