AUD/USD – Currency exchange rate forecast 22.08.2019: under pressure.

AUD/USD - Currency exchange rate forecast 22.08.2019: under pressure.

Short positions below 0.6785 with targets at 0.6750 & 0.6735 in extension.

Pivot: 0.6785

Our preference: short positions below 0.6785 with targets at 0.6750 & 0.6735 in extension.

Alternative scenario: above 0.6785 look for further upside with 0.6800 & 0.6810 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

0.6810

0.6800

0.6785

0.6770 Last

0.6750

0.6735

0.6720

AUD/USD – Currency exchange rate forecast 21.08.2019: the bias remains bullish.

AUD/USD - Currency exchange rate forecast 21.08.2019: the bias remains bullish.

Long positions above 0.6780 with targets at 0.6805 & 0.6820 in extension.

Pivot: 0.6780

Our preference: long positions above 0.6780 with targets at 0.6805 & 0.6820 in extension.

Alternative scenario: below 0.6780 look for further downside with 0.6770 & 0.6760 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

0.6830

0.6820

0.6805

0.6797 Last

0.6780

0.6770

0.6760

AUD/USD Currency exchange rate forecast 19.08.2019: under pressure.

AUD/USD Currency exchange rate forecast 19.08.2019: under pressure.

Short positions below 0.6785 with targets at 0.6755 & 0.6745 in extension.

Pivot: 0.6785

Our preference: short positions below 0.6785 with targets at 0.6755 & 0.6745 in extension.

Alternative scenario: above 0.6785 look for further upside with 0.6795 & 0.6810 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:

0.6810

0.6795

0.6785

0.6770 Last

0.6755

0.6745

0.6735

AUD/USD Currency exchange rate forecast 15.08.2019: the upside prevails.

AUD/USD Currency exchange rate forecast 15.08.2019: the upside prevails.

Long positions above 0.6760 with targets at 0.6785 & 0.6800 in extension.

Pivot: 0.6760

Our preference: long positions above 0.6760 with targets at 0.6785 & 0.6800 in extension.

Alternative scenario: below 0.6760 look for further downside with 0.6745 & 0.6730 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

0.6815

0.6800

0.6785

0.6771 Last

0.6760

0.6745

0.6730

AUD/USD Currency exchange rate forecast 14.08.2019: under pressure.

AUD/USD Currency exchange rate forecast 14.08.2019: under pressure.

Short positions below 0.6780 with targets at 0.6735 & 0.6720 in extension.

Pivot: 0.6780

Our preference: short positions below 0.6780 with targets at 0.6735 & 0.6720 in extension.

Alternative scenario: above 0.6780 look for further upside with 0.6795 & 0.6815 as targets.

Comment: the RSI is mixed to bearish.

Supports and resistances:

0.6815

0.6795

0.6780

0.6757 Last

0.6735

0.6720

0.6705

AUD/USD – Currency exchange rate forecast 05.07.2019: caution

AUD/USD - Currency exchange rate forecast 05.07.2019: caution

Short positions below 0.6785 with targets at 0.6745 & 0.6720 in extension.

Pivot: 0.6785

Our preference: short positions below 0.6785 with targets at 0.6745 & 0.6720 in extension.

Alternative scenario: above 0.6785 look for further upside with 0.6805 & 0.6820 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

0.6820

0.6805

0.6785

0.6775 Last

0.6745

0.6720

0.6700

AUD/USD – Currency exchange rate forecast 02.07.2019: further advance

AUD/USD - Currency exchange rate forecast 02.07.2019: further advance

Long positions above 0.6975 with targets at 0.7000 & 0.7020 in extension.

Pivot: 0.6975

Our preference: long positions above 0.6975 with targets at 0.7000 & 0.7020 in extension.

Alternative scenario: below 0.6975 look for further downside with 0.6955 & 0.6940 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:

0.7035

0.7020

0.7000

0.6995 Last

0.6975

0.6955

0.6940

AUD/USD – Currency exchange rate forecast 02.07.2019: watch 0.7020

AUD/USD - Currency exchange rate forecast 02.07.2019: watch 0.7020

Long positions above 0.6975 with targets at 0.7000 & 0.7020 in extension.

Pivot: 0.6975

Our preference: long positions above 0.6975 with targets at 0.7000 & 0.7020 in extension.

Alternative scenario: below 0.6975 look for further downside with 0.6955 & 0.6940 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:

0.7035

0.7020

0.7000

0.6992 Last

0.6975

0.6955

0.6940

AUD/USD – Currency exchange rate forecast 01.07.2019: under pressure

AUD/USD - Currency exchange rate forecast 01.07.2019: under pressure

Short positions below 0.6975 with targets at 0.6950 & 0.6930 in extension.

Pivot: 0.6975

Our preference: short positions below 0.6975 with targets at 0.6950 & 0.6930 in extension.

Alternative scenario: above 0.6975 look for further upside with 0.7000 & 0.7020 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

0.7020

0.7000

0.6975

0.6959 Last

0.6950

0.6930

0.6905

AUD/USD – Currency exchange rate forecast 17.06.2019: the downside prevails

AUD/USD - Currency exchange rate forecast 17.06.2019: the downside prevails

Short positions below 0.6870 with targets at 0.6830 & 0.6820 in extension.

Pivot: 0.6870

Our preference: short positions below 0.6870 with targets at 0.6830 & 0.6820 in extension.

Alternative scenario: above 0.6870 look for further upside with 0.6885 & 0.6905 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:

0.6905

0.6885

0.6870

0.6854 Last

0.6830

0.6820

0.6740