AUDUSD Outlook

AUD/USD recovered after dipping to 0.7586 and mixed up near term outlook. We'll be neutral for the moment until a break of neither 0.7748 resistance or 0.7490 support. Initial bias in AUD/USD is neutr...
AUDUSD Outlook

Intraday bias in AUD/USD stays neutral for the moment. On the upside, break of 0.7748 will extend the rally from 0.7158. In that case, we'd expect strong resistance from long term retracement level a...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral at this point. On the upside, break of 0.7748 will extend the rally from 0.7158. In that case, we'd expect strong resistance from long term retracement level ...
AUDUSD Outlook

Break of 0.7647 minor resistance indicates temporary bottoming at 0.7586. But recovery from there is weak so far. Hence, intraday bias is turned neutral first. On the upside, break of 0.7748 will exte...
AUDUSD Outlook

AUD/USD's fall from 0.7748 continues today and intraday bias remains on the downside for 0.7490 support. Firm break there will confirm completion of rise from 0.7158. In such case, near term outlook...
AUDUSD Outlook

Intraday bias in AUD/USD remains mildly on the downside for the moment. With 0.7683 minor resistance intact, deeper decline is in favor to 0.7490 support. Firm break there will confirm completion of ...
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...