Daily Pivots: (S1) 0.6648; (P) 0.6661; (R1) 0.6684; More...

Intraday bias in AUD/USD remains mildly on the upside. Current rally from 0.5913 should target 0.6713 fibonacci level. Firm break there will carry larger bullish implications. On the downside, below 0.6630 minor support will turn bias neutral and bring consolidations first, before staging another rise.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, sustained break of 0.6713 will be a strong sign of bullish trend reversal, and path the way to 0.6941 structural resistance for confirmation.

Daily Pivots: (S1) 0.6630; (P) 0.6650; (R1) 0.6668; More...

Intraday bias in AUD/USD stays on the upside at this point. Current rally from 0.5913 should target 0.6713 fibonacci level. Firm break there will carry larger bullish implications. On the downside, below 0.6589 minor support will turn bias neutral and bring consolidations first, before staging another rise.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, sustained break of 0.6713 will be a strong sign of bullish trend reversal, and path the way to 0.6941 structural resistance for confirmation.

AUD/USD’s rise from 0.5913 resumed through 0.6624 resistance last week. There is no sign of topping yet, and initial bias stays on the upside. Next target is 0.6713 fibonacci level. Firm break there will carry larger bullish implications. On the downside, below 0.6589 minor support will turn bias neutral and bring consolidations first, before staging another rally.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, sustained break of 0.6713 will be a strong sign of bullish trend reversal, and path the way to 0.6941 structural resistance for confirmation.

In the long term picture, fall from 0.8006 is seen as the second leg of the corrective pattern from 0.5506 long term bottom (2020 low). Hence, in case of deeper decline, strong support should emerge above 0.5506 to contain downside to bring reversal. On the upside, firm break of 0.6941 will argue that the third leg has already started back to 0.8006.

Daily Pivots: (S1) 0.6612; (P) 0.6639; (R1) 0.6687; More...

AUD/USD’s rally continues today and intraday bias stays on the upside. Current rally from 0.5913 should target 0.6713 fibonacci level. Decisive break there will carry larger bullish implications. On the downside, below 0.6589 minor support will turn intraday bias neutral first and bring consolidations.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, sustained break of 0.6713 will be a strong sign of bullish trend reversal, and path the way to 0.6941 structural resistance for confirmation.

Daily Pivots: (S1) 0.6583; (P) 0.6610; (R1) 0.6639; More...

AUD/USD’s rally resumed after brief consolidations and intraday bias is back on the upside. The break of 0.6624 resistance indicates that larger rally from 0.5913 is resuming. Further rise should be seen to 0.6713 fibonacci level. On the downside, through, below 0.6579 minor support will turn intraday bias neutral again.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6570; (P) 0.6595; (R1) 0.6610; More...

AUD/USD retreated ahead of 0.6624 resistance and intraday bias is turned neutral first. Some consolidations could be seen but further rally is expected as long as 0.6559 resistance turned support holds. On the upside, firm break of 0.6624 will resume larger rally from 0.5913 to 0.6713 fibonacci level. However, sustained break of 0.6559 will turn bias to the downside and extend the corrective pattern from 0.6624 with another falling leg.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6559; (P) 0.6579; (R1) 0.6612; More...

Intraday bias in AUD/USD remains on the upside for retesting 0.6624 high. Firm break there will resume larger rally from 0.5913 to 0.6713 fibonacci level. On the downside, below 0.6580 minor support will turn intraday bias neutral first. But risk will stay on the upside as long as 0.6500 support holds, in case of retreat.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6512; (P) 0.6551; (R1) 0.6594; More...

Intraday bias in AUD/USD stays on the upside and further rise should be seen to retest 0.6624 high. Firm break there will resume larger rally from 0.5913 to 0.6713 fibonacci level. For now, risk will stay on the upside as long as 0.6500 support holds, in case of retreat.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

After interim pullback, AUD/USD’s rebound from 0.6413 extended through 0.6567 resistance last week. The development suggests that correction from 0.6624 has already completed. Initial bias is back on the upside for retesting 0.6624 first. Firm break there will resume larger rally from 0.5913 to 0.6713 fibonacci level. For now, risk will stay on the upside as long as 0.6482 support holds, in case of retreat.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

In the long term picture, fall from 0.8006 is seen as the second leg of the corrective pattern from 0.5506 long term bottom (2020 low). Hence, in case of deeper decline, strong support should emerge above 0.5506 to contain downside to bring reversal. On the upside, firm break of 0.6941 will argue that the third leg has already started back to 0.8006.

Daily Pivots: (S1) 0.6496; (P) 0.6523; (R1) 0.6544; More...

Intraday bias in AUD/USD remains neutral for the moment. Overall, corrective pattern from 0.6624 could still extend further. Below 0.6482 will turn bias to the downside for 0.6413 support and possibly below. On the upside, though, firm break of 0.6567 should indicate that the corrective pattern has completed and larger rally is ready to resume through 0.6624.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6512; (P) 0.6533; (R1) 0.6564; More...

AUD/USD rebounded strongly after dipping to 0.6482, but upside is limited below 0.6559 resistance. Intraday bias is turned neutral first. Overall, corrective pattern from 0.6624 could still extend further. Below 0.6482 will turn bias to the downside for 0.6413 support and possibly below. On the upside, though, firm break of 0.6567 should indicate that the corrective pattern has completed and larger rally is ready to resume through 0.6624.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6483; (P) 0.6521; (R1) 0.6558; More...

AUD/USD’s break of 0.6504 support suggest that rebound from 0.6413 has completed at 0.6559. Corrective pattern from 0.6624 is extending with another falling leg. Intraday bias is mildly on the downside for 0.6413 support, and possibly below. On the upside, though, firm break of 0.6567 should confirm that the corrective pattern has completed and larger rally is ready to resume through 0.6624.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6539; (P) 0.6550; (R1) 0.6564; More...

AUD/USD’s rebound lost momentum ahead of 0.6567 resistance and retreated. Intraday bias remains neutral for the moment. On the upside, firm break of 0.6567 should confirm that corrective pattern from 0.6624 has completed at 0.6413, and larger rally is ready to resume. Retest of 0.6624 high should be seen next. On the downside, break of 0.6504 resistance turned support will turn bias back to the downside to extend the corrective pattern with another fall, and target 0.6413 support, and possibly below.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6526; (P) 0.6537; (R1) 0.6552; More...

AUD/USD is staying below 0.6567 resistance and intraday bias remains neutral first. On the upside, firm break of 0.6567 should confirm that corrective pattern from 0.6624 has completed at 0.6413, and larger rally is ready to resume. Retest of 0.6624 high should be seen next. On the downside, though, break of 0.6461 will extend the corrective pattern with another fall, and target 0.6413 support, and possibly below.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

AUD/USD’s rebound from 0.6413 accelerated higher last week but upside is capped below 0.6567 resistance so far. Initial bias stays neutral this week first. On the upside, firm break of 0.6567 should confirm that corrective pattern from 0.6624 has completed at 0.6413, and larger rally is ready to resume. Retest of 0.6624 high should be seen next. On the downside, though, break of 0.6461 will extend the corrective pattern with another fall, and target 0.6413 support, and possibly below.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

In the long term picture, fall from 0.8006 is seen as the second leg of the corrective pattern from 0.5506 long term bottom (2020 low). Hence, in case of deeper decline, strong support should emerge above 0.5506 to contain downside to bring reversal. On the upside, firm break of 0.6941 will argue that the third leg has already started back to 0.8006.

Daily Pivots: (S1) 0.6510; (P) 0.6524; (R1) 0.6546; More...

Intraday bias in AUD/USD remains neutral and corrective pattern from 0.6624 could still extend further. On the upside, firm break of 0.6567 will argue that the correction has completed and bring retest of 0.6624 high. However, break of 0.6413 will extend the correction lower towards 38.2% retracement of 0.5913 to 0.6624 at 0.6352.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6475; (P) 0.6494; (R1) 0.6525; More...

Intraday bias in AUD/USD remains neutral for the moment. Corrective pattern from 0.6624 could still extend further. On the upside, firm break of 0.6567 will argue that the correction has completed and bring retest of 0.6624 high. However, break of 0.6413 will extend the correction lower towards 38.2% retracement of 0.5913 to 0.6624 at 0.6352.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6476; (P) 0.6488; (R1) 0.6507; More...

No change in AUD/USD’s outlook as corrective pattern from 0.6624 is still extending. Intraday bias remains neutral for the moment. On the upside, firm break of 0.6567 will argue that the correction has completed and bring retest of 0.6624 high. However, break of 0.6413 will extend the correction lower towards 38.2% retracement of 0.5913 to 0.6624 at 0.6352.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6469; (P) 0.6487; (R1) 0.6502; More...

Intraday bias in AUD/USD remains neutral for the moment, and the corrective pattern from 0.6624 could extend further sideway. On the upside, firm break of 0.6567 will argue that the correction has completed and bring retest of 0.6624 high. However, break of 0.6413 will extend the correction lower towards 38.2% retracement of 0.5913 to 0.6624 at 0.6352.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).

Daily Pivots: (S1) 0.6438; (P) 0.6469; (R1) 0.6524; More...

AUD/USD extends the rebound from 0.6413 but stays well below 0.6567 resistance. Intraday bias remains neutral first. Corrective pattern from 0.6624 could extend further sideway. On the upside, firm break of 0.6567 will argue that the correction has completed and bring retest of 0.6624 high. However, break of 0.6413 will extend the correction lower towards 38.2% retracement of 0.5913 to 0.6624 at 0.6352.

In the bigger picture, there is no clear sign that down trend from 0.8006 (2021 high) has completed. Rebound from 0.5913 is seen as a corrective move. While stronger rally cannot be ruled out, outlook will remain bearish as long as 38.2% retracement of 0.8006 to 0.5913 at 0.6713 holds. Nevertheless, considering bullish convergence condition in W MACD, even in case of another fall through 0.5913, downside should be contained above 0.5506 (2020 low).