AUDUSD Outlook

AUD/USD edged higher to 0.7748 last week but quickly reversed. The development argues that rise from 0.7158 is possibly completed. But there is no confirmation yet. Meanwhile, the pair is also bounded...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.7748 should target 0.7490 first. Break there will indicate completion of whole rise from 0.7158 and turn near term outlook ...
AUDUSD Outlook

AUD/USD is trying to draw support from 4 hour 55 EMA for the moment but recovery is weak. Intraday bias stays on the downside first. As noted before, rebound from 0.7490 should have completed. Deeper ...
AUDUSD Outlook

AUD/USD's sharp decline and break of 0.7662 minor support argues that rebound from 0.7490 might be completed. Intraday bias is back to the downside for retesting 0.7490 support first. Break will confi...
AUDUSD Outlook

AUD/USD edged higher to 0.7747 but lost momentum since then, as seen in 4 hour MACD dragged below signal line. Further rise could be seen with 0.7662 minor support intact, through 0.7777 resistance. B...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the upside as the rise from 0.7490 is extending to as high as 0.7728 so far. As noted before, the whole rally from 0.7158 is likely resuming. Break of 0.7740 resist...
AUDUSD Outlook

AUD/USD's rebound from 0.7490 accelerated last week and the development suggests that pull back from 0.7740 is completed. Also, rise from 0.7158 is likely resuming. The focus is now back on key fibona...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the upside for 0.7740 resistance. Current development suggests that rise from 0.7158 is likely resuming. Break of 0.7740 will target 61.8% projection of 0.7158 to...
AUDUSD Outlook

AUD/USD's strong rebound and break of 0.7631 resistance indicates that the pull back from 0.7740 is completed. The development indicates that rise from 0.7158 is likely resuming. Intraday bias is back...
AUDUSD Outlook

AUD/USD's correction from 0.7490 is still in progress and intraday bias stays neutral first. We'd continue to expect recovery to be limited by 0.7631 resistance and bring fall resumption. As noted bef...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral as the corrective rise from 0.7490 is still in progress. We'd expect recovery to be limited by 0.7631 resistance and bring fall resumption. As noted before, r...
AUDUSD Outlook

AUD/USD's rebound from 0.74900 continues today and further rise could be seen. But such rise is seen as a correction at this point. And intraday bias remains neutral. We'd expect upside to be limited ...
AUDUSD Outlook

AUD/USD dropped to as low as 0.7490 last week but formed a temporary low there and recovered. The close below 55 day EMA is consistent with our preferred case that whole rise from 0.7150 has completed...
AUDUSD Outlook

Intraday bias in AUD/USD stays on the downside with fall from 0.7740 still in progress. Whole rebound from 0.7158 should be completed. The pair should now target lower side of the range at 0.7144/7158...
AUDUSD Outlook

Intraday bias in AUD/USD stays on the downside for the moment as fall from 0.7740 extends. Whole rebound from 0.7158 should be completed. AUD/USD is now targeting lower side of the range at 0.7144/715...
AUDUSD Outlook

Breach of 0.7542 temporary low suggests that fall from 0.7740 is resuming. Intraday bias in AUD/USD is turned back to the downside. As noted before, rebound from 0.7158 is finished at 0.7740. Sustai...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral for the moment. With 0.7635 minor resistance intact, outlook is unchanged. That is, rebound from 0.7158 is finished at 0.7740. Below 0.7542 and sustained tra...
AUDUSD Outlook

AUD/USD recovers further today but stays below 0.7635 minor resistance. Outlook is unchanged so far. Deeper fall is still in favor as long as 0.7635 minor resistance holds. We're holding on to the vi...