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Action Insight: AUDUSD Technical Outlook

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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 12 16 08:39 GMT
Outlook in AUD/USD is unchanged. Corrective rebound from 0.6826 should have completed at 0.7241 already. Deeper fall should be seen for retesting 0.6826 low first. Break will resume the larger down trend. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 11 16 03:31 GMT
Outlook in AUD/USD is unchanged. Corrective rebound from 0.6826 should have completed at 0.7241 already. Deeper fall should be seen for retesting 0.6826 low first. Break will resume the larger down trend. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 10 16 03:43 GMT
Intraday bias in AUD/USD remains on the downside for the moment. Corrective rebound from 0.6826 should have completed at 0.7241 already. Deeper fall should be seen for retesting 0.6826 low first. Break will resume the larger down trend. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 09 16 04:59 GMT
Intraday bias in AUD/USD is neutral for the moment. Rebound from 0.6826 is still viewed as a correction. Break of 0.7001 minor support will turn bias back to the downside for retesting 0.6826 low. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 08 16 08:38 GMT
Intraday bias in AUD/USD is neutral for the moment. Rebound from 0.6826 is still viewed as a correction. Break of 0.7001 minor support will turn bias back to the downside for retesting 0.6826 low. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Weekly Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 07 16 03:32 GMT
The rebound from 0.6826 extended further higher last week and was stronger than expected. But the strength and structure so far doesn't warrant a trend reversal yet. Thus, we'll still treat it as a correction. Initial bias is neutral this week first. Break of 0.7001 minor support will turn bias back to the downside for retesting 0.6826 low. Above 0.7241 will bring another rise. We'd stay cautious on strong resistance below 0.7384 to limit upside to complete the rebound.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 05 16 09:24 GMT
Intraday bias in AUD/USD remaisn on the upside for further rebound. We'd stay cautious on strong resistance below 0.7384 to limit upside and bring near term reversal. Below 0.7001 will turn bias back to the downside for 0.6826 low.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 04 16 03:54 GMT
AUD/USD's recovery from 0.6826 resumed after brief retreat and reaches as high as 0.7190 so far. Intraday bias is back on the upside for further rise. We'd stay cautious on strong resistance below 0.7384 to limit upside and bring near term reversal. Below 0.7001 will turn bias back to the downside for 0.6826 low.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 03 16 03:00 GMT
Intraday bias in AUD/USD remains neutral for the moment. The recovery from 0.6826 is viewed as a correction. Below 0.7000 minor support will suggest that it's completed and will turn bias back to the downside for retesting 0.6826 low. Above 0.7140 will extend the rise but we'd expect further loss of upside momentum ahead.
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AUD/USD Daily Outlook Print E-mail
AUDUSD Outlook | Written by ActionForex.com | Feb 02 16 03:44 GMT
Intraday bias in AUD/USD remains neutral for the moment. The recovery from 0.6826 is viewed as a correction. Below 0.7000 minor support will suggest that it's completed and will turn bias back to the downside for retesting 0.6826 low. Above 0.7140 will extend the rise but we'd expect further loss of upside momentum ahead.
Read more...
 
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