AUD Trading Outlook Archive

AUD/USD Intraday: key resistance at 0.6915. Pivot: 0.6915 Our preference: short positions below 0.6915 with targets @ 0.6845 & 0.6825 in extension. Alternative scenario: above 0.6915 look for further upside with 0.696 & 0.7 as targets. Comment: a break below 0.6845 would trigger a drop… Read more

AUD/USD ST: the downside prevails Pivot: 0.7195 Our preference: short positions below 0.7195 with targets @ 0.665 & 0.635 in extension. Alternative scenario: above 0.7195 look for further upside with 0.739 & 0.753 as targets. Comment: the RSI has broken down its 30 level. Supports… Read more

AUD/USD Intraday: rebound Pivot: 0.6905 Our preference: long positions above 0.6905 with targets @ 0.704 & 0.7085 in extension. Alternative scenario: below 0.6905 look for further downside with 0.6865 & 0.685 as targets. Comment: the RSI is bullish and calls for further upside. Supports and… Read more

AUD/USD Intraday: under pressure Pivot: 0.705 Our preference: short positions below 0.705 with targets @ 0.6935 & 0.69 in extension. Alternative scenario: above 0.705 look for further upside with 0.7085 & 0.7105 as targets. Comment: the RSI is bearish and calls for further downside. Supports… Read more

AUD/USD Intraday: the upside prevails. Pivot: 0.6965 Our preference: long positions above 0.6965 with targets @ 0.704 & 0.7065 in extension. Alternative scenario: below 0.6965 look for further downside with 0.6935 & 0.6915 as targets. Comment: the RSI calls for a new upleg. Supports and… Read more

AUD/USD Intraday: rebound expected Pivot: 0.6955 Our preference: long positions above 0.6955 with targets @ 0.704 & 0.7085 in extension. Alternative scenario: below 0.6955 look for further downside with 0.6925 & 0.69 as targets. Comment: the RSI is mixed to bullish. Supports and resistances: 0.713… Read more

AUD/USD Intraday: the downside prevails Pivot: 0.7 Our preference: short positions below 0.7 with targets @ 0.69 & 0.686 in extension. Alternative scenario: above 0.7 look for further upside with 0.704 & 0.7085 as targets. Comment: the RSI has broken down its 30 level. Supports… Read more

AUD/USD Intraday: the downside prevails. Pivot: 0.706 Our preference: short positions below 0.706 with targets @ 0.6975 & 0.693 in extension. Alternative scenario: above 0.706 look for further upside with 0.7130 & 0.7175 as targets. Comment: as long as 0.706 is resistance, look for choppy… Read more

AUD/USD Intraday: the downside prevails Pivot: 0.7135 Our preference: short positions below 0.7135 with targets @ 0.705 & 0.7015 in extension. Alternative scenario: above 0.7135 look for further upside with 0.7175 & 0.7215 as targets. Comment: a break below 0.705 would trigger a drop towards… Read more

AUD/USD Intraday: the downside prevails Pivot: 0.7215 Our preference: short positions below 0.7215 with targets @ 0.713 & 0.71 in extension. Alternative scenario: above 0.7215 look for further upside with 0.724 & 0.727 as targets. Comment: the RSI lacks upward momentum. Supports and resistances: 0.727… Read more