AUDUSD Outlook

Daily Pivots: (S1) 0.6751; (P) 0.6777; (R1) 0.6830; More… Intraday bias in AUD/USD stays on the upside for the moment. Current rise from 0.6269 should target 0.6894 resistance first. Sustained break there will target 0.7156 next. On the downside, below 0.6723 minor support will turn intraday bias neutral first. But outlook will remain bullish as

Daily Pivots: (S1) 0.6710; (P) 0.6744; (R1) 0.6765; More… Further rally is in favor in AUD/USD as long as 0.6689 support holds. Rise from 0.6269 would target 0.6894 resistance first. Sustained break there will target 0.7156 next. Nevertheless, break of 0.6689 will indicate short term topping, and turn bias back to the downside for deeper

Daily Pivots: (S1) 0.6718; (P) 0.6746; (R1) 0.6792; More… AUD/USD’s rally resumed after brief retreat and intraday bias is back on the upside. As noted before, fall from 0.7156 could have completed with three waves down to 0.6269. Further rise should be seen to 0.6894 resistance first. Sustained break there will target 0.7156 next. On

Daily Pivots: (S1) 0.6687; (P) 0.6711; (R1) 0.6731; More… Intraday bias in AUD/USD is turned neutral with current retreat and some consolidations could be seen first. But further rally is expected as long as 0.6539 support holds. As noted before, fall from 0.7156 could have completed with three waves down to 0.6269. Above 0.6734 will

Daily Pivots: (S1) 0.6667; (P) 0.6697; (R1) 0.6732; More… Intraday bias in AUD/USD stays on the upside first, despite some loss of momentum as seen in 4H MACD. Fall from 0.7156 could have completed with three waves down to 0.6269. Further rally should be seen to 0.6894 resistance next. Meanwhile, near term outlook will stay

AUD/USD’s rise from 0.6269 resumed last week and the break of medium term falling channel suggests that whole fall from 0.7156 has completed with three waves down to 0.6269. Initial bias stays on the upside this week. Further rise should be seen to 0.6894 resistance next. Meanwhile, near term outlook will stay cautiously bullish as

Daily Pivots: (S1) 0.6659; (P) 0.6694; (R1) 0.6733; More… Intraday bias in AUD/USD remains on the upside for the moment. Current development suggests that whole fall from 0.7156 has completed with three waves down to 0.6269. Further rise should be seen to 0.6894 resistance next. Meanwhile, near term outlook will stay cautiously bullish as long