AUDUSD Outlook

The rebound from 0.7158 extends higher and strong break of 28.2% retracement of 0.7777 to 0.7518 at 0.7394 suggests that fall from 0.7777 is completed. Intraday bias stays on the upside and further ra...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the upside as rebound from 0.7158 extends. As long as 38.2% retracement of 0.7777 to 0.7518 at 0.7394 holds, which is close to the falling 55 day EMA, outlook stays...
AUDUSD Outlook

AUD/USD's rebound from 0.7158 resumed after brief retreat and intraday bias is back on the upside. Near term outlook was mixed up as the pair defended key support level at 0.7144. Nonetheless, deeper ...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral for the moment. Outlook is mixed up as the pair defended key support level at 0.7144. Nonetheless, deeper fall is in favor a long as 38.2% retracement of 0.777...
AUDUSD Outlook

AUD/USD rose to as high as 0.7355 last week but lost momentum since then. Initial bias is neutral this week first. The stronger than expected rebound mixed up the outlook a bit, considering that AUD/U...
AUDUSD Outlook

Intraday bias remains mildly on the upside as the rise from 0.7158 would extend higher to 38.2% retracement of 0.7777 to 0.7518 at 0.7394, which is close to 55 days EMA. Sustained break there will tur...
AUDUSD Outlook

AUD/USD's rebound from 0.7158 extends higher today and the breach of 0.7310 support turned resistance indicate that a short term bottom is in place. And there is risk that whole decline from 0.7777 is...
AUDUSD Outlook

The consolidation from 0.7158 is still in progress and intraday bias in AUD/USD remains neutral. More consolidations would be seen. In case of stronger recovery, upside should be limited by 0.7310 sup...
AUDUSD Outlook

AUD/USD recovered ahead of 0.7158 temporary low and intraday bias stays neutral. More consolidations would be seen. In case of another recovery, upside should be limited by 0.7310 support turned resis...