Outlook on Minors/Crosses AUD/USD

 

DAILY AUD/USD OUTLOOK - 0.9068

30 Jul 2013 07:06GMT

Aussie's selloff after dovish comments fm RBA's

Stevens confirms the correction fm Jul's 34-mth low

at 0.8998 has ended earlier at 0.9320 n consolida-

tion with downside bias wud be seen for fall twds

said sup, below wud extend downtrend to 0.8950.

Sell on recovery with stop as indicated, break

wud risk stronger gain to 0.9190/00.

STRATEGY : Sell at 0.9110

OBJECTIVE : 0.9000

STOP-LOSS : 0.9150

RES : 0.9129/0.9161/0.9227

SUP : 0.9036/0.8998/0.8950

Files:
large_aud.gif  1 kb
 

AceTraderFx Aug 5 : Daily Outlook on Minors/Crosses AUD/USD

DAILY AUD/USD OUTLOOK - 0.8905

05 Aug 201307:14GMT

Although aussie has rebounded after extending

MT fall to a near 3-year low of 0.8848 in Asia, as

long as 0.8970 holds, downside bias remains for

another drop twds said sup but loss momentum wud

keep price abv 0.8800 n yield correction later.

Sell on recovery with stop as indicated, break

wud risk stronger pullback to 0.9010.

STRATEGY: Sell at 0.8935

OBJECTIVE : 0.8860

STOP-LOSS: 0.8980

RES : 0.8937/0.8970/0.9010

SUP : 0.8848/0.8800/0.8770

Files:
large_aud.gif  1 kb
 

AceTraderFx Aug 12: Daily Outlook on Minors/Crosses AUD/JPY

DAILY AUD/JPY CROSS OUTLOOK - 88.70

12 Aug 2013 07:06GMT

Aud's present retreat after extending last Wed's

near 8-mth low at 86.42 to 89.03 today suggests 1st

leg of correction over n downside bias is seen.

Turn short on recovery but below 88.07 needed to

yield 87.79. Abv 89.09 may risk gain to 89.52/57.

STRATEGY : Short at 88.70

POSITION : Short at 88.70

OBJECTIVE : 87.85

STOP-LOSS : 89.10

RES : 89.09/89.84/90.09

SUP : 88.07/87.79/87.25

Files:
 

AceTraderfx Aug 15 : Daily Forex Market Outlook on Minors/Crosses NZD/USD

DAILY NZD/USD OUTLOOK - 0.8055

15 Aug 2013 05:23GMT

Kiwi's breach of Mon's high at 0.8059 confirms

erratic upmove fm last Mon's low at 0.7725 has re-

sumed for further gain to 0.8085, then 0.8106.

Buy on dips with stop as indicted, below wud

risk stronger weakness to 0.7989.

STRATEGY : Buy at 0.8040

OBJECTIVE : 0.8100

STOP-LOSS : 0.8010

RES : 0.8085/0.8106/0.8141

SUP : 0.7989/0.7958/0.7935

 

AceTraderfx Aug 19 : Weekly Outlook on Minors/Crosses AUD/JPY

WEEKLY AUD/JPY CROSS OUTLOOK - 89.90

19 Aug 2013 07:01GMT

A$'s strg rebound fm 88.63 signals upmove fm 86.42 (Aug) wud resume, abv 90.07 wud extend gain to

91.35 b4 prospect of retreat.

Buy on dips for gain to 90.90 or sell if price rises to there 1st for decline to 89.00

STRATEGY : 1) Buy at 89.00 or 2) Sell at 90.90

OBJECTIVE : 1) 90.90 or 2) 89.00

STOP-LOSS: 70 points

RES : 90.07 / 91.35 / 91.93

SUP : 88.63 / 87.79 / 86.42

 

AceTraderfx Aug 27: Forex Market Outlook on Minors/Crosses AUD/USD

DAILY AUD/USD OUTLOOK - 0.8962

27 Aug 2013 07:19GMT

Aud's sharp retreat fm y'day's top at 0.9070

signals recovery fm Thur's low at 0.8932 has ended

there, below said sup wud confirm decline fm last

Mon's top at 0.8934 has resumed n extend weakness

twd 0.8920 but chart sup at 0.8848 shud hold.

Sell on recovery with stop as indicated, abv wud

signal a low is made n risk gain twd 0.9070.

STRATEGY : Sell at 0.9000

OBJECTIVE : 0.8920

STOP-LOSS : 0.9040

RES : 0.9038/0.9070/0.9099

SUP : 0.8932/0.8848/0.8800

 

August is one of the worst months for the Aussie, and it's coming to an end: a further fall is quite unilikely...

 

AceTraderfx Sept 10 : Daily Market Outlook on Minor AUD/USD

DAILY AUD/USD OUTLOOK - 0.9264

10 Sep 2013 04:29GMT

Y'day's breach of 0.9234 res signals another leg of rise fm Aug's near 3-year low at 0.8848 has taken place n a stronger retrace. of intermediate decline fm 1.0386 to 0.9265/70 n possibly twds 0.92 95 is likely but 0.9320 res wud cap upside.

Buy again on dips n only below 0.9154 wud defer n risk pullback to 0.9115 sup.

STRATEGY : Buy at 0.9225

OBJECTIVE : 0.9310

STOP-LOSS : 0.9185

RES : 0.9295/0.9320/0.9345

SUP : 0.9188/0.9154/0.9115

Reason: