AUD/USD Intraday: the upside prevails. Pivot: 0.706 Our preference: long positions above 0.706 with targets @ 0.714 & 0.7175 in extension. Alternative scenario: below 0.706 look for further downside with 0.703 & 0.7 as targets. Comment: the RSI is bullish and calls for further advance…. Read more
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (02-02-2016)
February 2, 2016Australian Dollar (AUD) Trading Outlook (01-02-2016)
February 1, 2016AUD/USD ST: the downside prevails. Pivot: 0.739 Our preference: short positions below 0.739 with targets @ 0.665 & 0.635 in extension. Alternative scenario: above 0.739 look for further upside with 0.753 & 0.7805 as targets. Comment: as long as 0.739 is resistance, look for choppy… Read more
Australian Dollar (AUD) Trading Outlook (29-01-2016)
January 29, 2016AUD/USD Intraday: the bias remains bullish. Pivot: 0.703 Our preference: long positions above 0.703 with targets @ 0.7125 & 0.715 in extension. Alternative scenario: below 0.703 look for further downside with 0.699 & 0.696 as targets. Comment: the RSI lacks downward momentum. Supports and resistances:… Read more
Australian Dollar (AUD) Trading Outlook (28-01-2016)
January 28, 2016AUD/USD Intraday: bullish bias above 0.699. Pivot: 0.699 Our preference: long positions above 0.699 with targets @ 0.7075 & 0.712 in extension. Alternative scenario: below 0.699 look for further downside with 0.696 & 0.6915 as targets. Comment: a support base at 0.699 has formed and… Read more
Australian Dollar (AUD) Trading Outlook (27-01-2016)
January 27, 2016AUD/USD Intraday: the upside prevails Pivot: 0.6965 Our preference: long positions above 0.6965 with targets @ 0.7025 & 0.7045 in extension. Alternative scenario: below 0.6965 look for further downside with 0.6915 & 0.688 as targets. Comment: the RSI is well directed. Supports and resistances: 0.7075… Read more
Australian Dollar (AUD) Trading Outlook (26-01-2016)
January 26, 2016AUD/USD Intraday: the downside prevails Pivot: 0.6995 Our preference: short positions below 0.6995 with targets @ 0.6925 & 0.688 in extension. Alternative scenario: above 0.6995 look for further upside with 0.7025 & 0.7045 as targets. Comment: the RSI is bearish and calls for further decline…. Read more
Australian Dollar (AUD) Trading Outlook (25-01-2016)
January 25, 2016AUD/USD ST: the downside prevails. Pivot: 0.739 Our preference: short positions below 0.739 with targets @ 0.665 & 0.635 in extension. Alternative scenario: above 0.739 look for further upside with 0.753 & 0.7805 as targets. Comment: as long as 0.739 is resistance, look for choppy… Read more
Australian Dollar (AUD) Trading Outlook (22-01-2016)
January 22, 2016AUD/USD Intraday: the upside prevails. Pivot: 0.6925 Our preference: long positions above 0.6925 with targets @ 0.704 & 0.7065 in extension. Alternative scenario: below 0.6925 look for further downside with 0.688 & 0.6835 as targets. Comment: the RSI is bullish and calls for further advance…. Read more
Australian Dollar (AUD) Trading Outlook (21-01-2016)
January 21, 2016AUD/USD Intraday: the upside prevails. Pivot: 0.6875 Our preference: long positions above 0.6875 with targets @ 0.6955 & 0.6975 in extension. Alternative scenario: below 0.6875 look for further downside with 0.6825 & 0.68 as targets. Comment: the RSI is bullish and calls for further advance…. Read more
Australian Dollar (AUD) Trading Outlook (20-01-2016)
January 20, 2016AUD/USD Intraday: bullish bias above 0.689. Pivot: 0.689 Our preference: long positions above 0.689 with targets @ 0.696 & 0.7 in extension. Alternative scenario: below 0.689 look for further downside with 0.685 & 0.6825 as targets. Comment: a support base at 0.689 has formed and… Read more