AUDUSD Outlook

At this point, AUD/USD is staying in range of 0.7758/7988. Intraday bias remains neutral. On the upside, above 0.7988 will extend the rebound to retest 0.8135. On the downside, below 0.7758 will r...
AUDUSD Outlook

AUD/USD is staying in range of 0.7758/7988 and intraday bias remains neutral first. On the upside, above 0.7988 will extend the rebound to retest 0.8135. On the downside, below 0.7758 will resume t...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral at this point. On the upside, above 0.7988 will extend the rebound to retest 0.8135. On the downside, below 0.7758 will resume the fall from 0.8135 and targe...
AUDUSD Outlook

AUD/USD recovers mildly today after drawing support from 4 hour 55 EMA. But it's staying below 0.7988 temporary top. Intraday bias remains neutral at this point. On the upside, above 0.7988 will exte...
AUDUSD Outlook

AUD/USD rebounded strongly to 0.7988 last week but lost momentum since then. Initial bias is neutral this week first. On the upside, above 0.7988 will extend the rebound to retest 0.8135. On the downs...
AUDUSD Outlook

As noted before, the pull back from 0.8135 has completed at 0.7758 already. Intraday bias remains on the upside for retesting 0.8135 first. Decisive break there will resume medium term up trend for 0....
AUDUSD Outlook

AUD/USD's break of 0.7909 minor resistance argues that fall from 0.8135 has completed at 0.7758 already. Intraday bias is turned back to the upside for retesting 0.8135 resistance first. Break will re...
AUDUSD Outlook

Intraday bias in AUD/USD remains neutral with 0.7909 minor resistance intact, and deeper fall is in favor. Break of 0.7758 will extend the fall from 0.8135 to 0.7500 key support. At this point, there...
AUDUSD Outlook

AUD/USD's recovery from 0.7758 extends higher today but it's staying below 0.7909 minor resistance. Intraday bias stays neutral and deeper decline remain in favor. Break of 0.7758 will extend the fall...
AUDUSD Outlook

Intraday bias in AUD/USD is turned neutral for consolidation above 0.7758 temporary low. But further decline is expected as long as 0.7909 resistance holds. Below 0.7758 will target 0.7500 key suppor...
AUDUSD Outlook

AUD/USD's decline from 0.8135 extended to as low as 0.7758 last week. Initial bias remains on the downside this week for 0.7500 key support. At this point, there is no clearly sign of larger trend rev...
AUDUSD Outlook

AUD/USD's fall from 0.8135 is still in progress and intraday bias remains on the downside for retesting 0.7500 support. At this point, there is no clearly sign of larger trend reversal yet. Hence, we'...
AUDUSD Outlook

AUD/USD's decline from 0.8135 is still in progress and intraday bias remains on the downside. Sustained trading below 55 day EMA will argue that rise from 0.7500 has totally completed and will pave t...
AUDUSD Outlook

AUD/USD is drawing support from 55 day EMA and recovered Still, with 0.7953 minor resistance intact, intraday bias stays on the downside. Sustained trading below 55 day EMA will argue that rise from 0...
AUDUSD Outlook

AUD/USD's fall from 0.8135 continues to as low as 0.7847 so far today and touches 55 day EMA (now at 0.7854). Intraday bias remains on the downside. Sustained trading below 55 day EMA will argue that ...
AUDUSD Outlook

Intraday bias in AUD/USD remains on the downside. Fall from 0.8135 should target 55 day EMA (now at 0.7856). Sustained break there will argue that rise from 0.7500 has already finished and will bring...
AUDUSD Outlook

AUD/USD's sharp decline last week confirmed short term topping at 0.8135, after being rejected by 0.8124 resistance. Initial bias remains on the downside this week for 55 day EMA (now at 0.7851). Sust...
AUDUSD Outlook

As noted before, a short term top was formed at 0.8135 after failing to sustain above 0.8124 resistance. Intraday bias remains on the downside for 55 day EMA (now at 0.7856). At this point, we'd expec...