Daily Pivots: (S1) 0.6219; (P) 0.6247; (R1) 0.6278; More... Intraday bias in AUD/USD remains neutral for sideway trading above 0.6198. Consolidations should be relatively brief as long as 0.6336 support turned resistance holds. Break of 0.6198 will resume the fall from 0.6941 to 0.6169 long term support, and then 138.2% projection of 0.6941 to 0.6511 […]

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AUD/USD’s fall from 0.6941 accelerated to as low as 0.6198 last week but turned sideway since then. Initial bias remains neutral this week for consolidations. Upside of recovery should be limited well below 0.6511 support turned resistance to bring another fall. Below 0.6198 will target 0.6169 long term support, and then 138.2% projection of 0.6941 […]

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Daily Pivots: (S1) 0.6203; (P) 0.6234; (R1) 0.6269; More... Intraday bias in AUD/USD remains on the downside for the moment as fall from 0.6941 is still in progress. Firm break of 0.6169 key support will confirm larger down trend resumption. Next near term target is 138.2% projection of 0.6941 to 0.6511 from 0.6687 at 0.6074. […]

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Daily Pivots: (S1) 0.6174; (P) 0.6258; (R1) 0.6302; More... AUD/USD’s decline accelerates lower and intraday bias says on the downside for 0.6169 key support. Decisive break there will confirm larger down trend resumption. Next near term target is 138.2% projection of 0.6941 to 0.6511 from 0.6687 at 0.6074. On the upside, above 0.6298 minor resistance […]

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Daily Pivots: (S1) 0.6319; (P) 0.6349; (R1) 0.6365; More... AUD/USD’s decline resumed by breaking through 0.6336 temporary low and intraday bias is back on the downside. Current fall from 0.6941 should target 0.6269 support next. On the upside, above 0.6382 minor resistance will turn intraday bias neutral and bring consolidations again, before staging another fall. […]

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Daily Pivots: (S1) 0.6350; (P) 0.6366; (R1) 0.6388; More... AUD/USD is staying in range above 0.6336 temporary low and intraday bias stays neutral. More consolidations would be seen and another recovery cannot be ruled out. But outlook will stay bearish as long as 55 D EMA (now at 0.6533) holds. Below 0.6336 will resume the […]

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Daily Pivots: (S1) 0.6347; (P) 0.6366; (R1) 0.6380; More... AUD/USD is staying in consolidation above 0.6336 and intraday bias remains neutral. More consolidations would be seen and another recovery cannot be ruled out. But outlook will stay bearish as long as 55 D EMA (now at 0.6540) holds. Below 0.6336 will resume the fall from […]

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AUD/USD edged lower last week but turned sideway after hitting 0.6336. Initial bias stays neutral this week for more consolidations. While another recovery cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 0.6546) holds. Below 0.6336 will resume the fall from 0.6941 to 0.6269 support next. In the […]

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Daily Pivots: (S1) 0.6343; (P) 0.6386; (R1) 0.6411; More... Intraday bias in AUD/USD remains neutral as consolidation continues above 0.6336 temporary low. While another recovery cannot be ruled out, outlook will stay bearish as long as 55 D EMA (now at 0.6546) holds. Break of 0.6336 will resume the fall from 0.6941 to 0.6269 support […]

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Daily Pivots: (S1) 0.6341; (P) 0.6365; (R1) 0.6393; More... Intraday bias in AUD/USD is turned neutral again with current recovery. Some consolidations would be seen above 0.6336 temporary low. But outlook will stay bearish as long as 55 D EMA (now at 0.6554) holds. Break of 0.6336 will resume the fall from 0.6941 to 0.6269 […]

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Daily Pivots: (S1) 0.6347; (P) 0.6395; (R1) 0.6426; More... AUD/USD’s break of 0.6371 temporary low indicates resumption of whole fall from 0.6941. Intraday bias is back on the downside for 0.6348 support, and then 0.6269. On the upside, above 0.6470 resistance will turn intraday bias neutral first. But outlook will stay bearish as long as […]

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Daily Pivots: (S1) 0.6390; (P) 0.6430; (R1) 0.6481; More... Volatility continues in AUD/USD but it’s still staying in range above 0.6371 temporary low. Intraday bias remains neutral and further decline is expected with 0.6511 resistance intact. On the downside, below 0.6371 will resume the fall from 0.6941 to 0.6348 support, and then 0.6269. Nevertheless, considering […]

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Daily Pivots: (S1) 0.6356; (P) 0.6407; (R1) 0.6441; More... A temporary low should be in place at 0.6371 with today’s rebound and intraday bias is turned neutral first. Some consolidations would be seen but further decline is expected as long as 0.6511 support turned resistance holds. On the downside, below 0.6371 will resume the fall […]

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Daily Pivots: (S1) 0.6356; (P) 0.6407; (R1) 0.6441; More... Intraday bias in AUD/USD stays neutral a this point. Current fall from 0.6941 is in progress for 0.6348 support. Firm break there will target 0.6269 support next. On the upside, above 0.6455 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another […]

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AUD/USD’s decline from 0.6941 resumed last week and dived to as low as 0.6371. Initial bias stays on the downside this week for 0.6348 support first. Firm break there will target 0.6269 support next. On the upside, above 0.6455 minor resistance will turn intraday bias neutral and bring consolidations first, before staging another fall. In […]

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Daily Pivots: (S1) 0.6432; (P) 0.6443; (R1) 0.6465; More... AUD/USD’s fall from 0.6941 is still in progress and intraday bias stays on the downside for 0.6348 support. Break there will target 0.6269 low next. Considering bullish convergence condition in 4H MACD, break of 0.6503 resistance will indicate short term bottoming, and turn bias to the […]

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Daily Pivots: (S1) 0.6390; (P) 0.6439; (R1) 0.6479; More... Intraday bias in AUD/USD remains on the downside for the moment. Fall from 0.6941 is in progress for 0.6348 support. Break there will target 0.6269 low next. On the upside, above 0.6503 minor resistance will turn intraday bias neutral again first. In the bigger picture, rise […]

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Daily Pivots: (S1) 0.6459; (P) 0.6482; (R1) 0.6509; More... AUD/USD’s fall from 0.6941 resumed by breaking through 0.6433 support today. Intraday bias is back on the downside for 0.6348 support. Break there will target 0.6269 low next. On the upside, above 0.6503 minor resistance will turn intraday bias neutral again first. In the bigger picture, […]

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Daily Pivots: (S1) 0.6441; (P) 0.6478; (R1) 0.6514; More... AUD/USD is staying in range above 0.6433 despite this week’s dip. Intraday bias remains neutral first, and further decline is expected with 0.6549 resistance intact. On the downside, break of 0.6433 will resume whole decline from 0.6941, and target 0.6348 support next. However, firm break of […]

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Daily Pivots: (S1) 0.6485; (P) 0.6506; (R1) 0.6533; More... Range trading continues in AUD/USD and outlook is unchanged. Intraday bias remains neutral first and with 0.6549 resistance intact, further decline is expected. On the downside, break of 0.6433 will resume whole decline from 0.6941, and target 0.6348 support next. However, firm break of 0.6549 will […]

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