Oct 03, 2022

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6352; (P) 0.6438; (R1) 0.6484;

 For the time being, the intraday bias in AUD/USD is neutral. Another rise is possible, but consolidation from 0.6362 should continue.

However, the upswing should be restrained far below the support turned resistance level of 0.6698. If 0.6362 is broken, the broader downward trend will resume, leading to a 100% prediction of 0.6680 to 0.7680 from 0.7135 to 0.6155.

As long as the 0.7135 resistance holds, the downward trend from the 0.8006 (2021 high) high is anticipated to continue.

The next objective is the 0.5506 low after the 61.8% retracement of 0.5506 (the 2020 low) to 0.8006 at 0.6461 was successfully knocked out.

Now, medium-term momentum will be actively watched to determine the likelihood of breaking 0.5506 in the future.

Sep 29 2022, 02:25 GMT

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6416; (P) 0.6473; (R1) 0.6583;  

With the current recovery, the intraday bias in AUD/USD has become neutral. First, some consolidations could be observed.

 However, as long as the 0.6698 support turned resistance persists, the prognosis will stay negative.

 Larger downward trend will resume at break of 0.6362. The next goal is a 100% prediction from 0.7135 at 0.6155 to 0.7660 at 0.6680.

As long as the 0.7135 resistance holds, the downward trend from the 0.8006 (2021 high) high is anticipated to continue.

The next target is the 0.5506 low after the 61.8% retracement of 0.5506 (the 2020 low) to 0.8006 at 0.6461 was successfully knocked out. Now, medium-term momentum will be actively watched to determine the likelihood of breaking 0.5506 in the future.

Sep 23, 2022, 08:00PM+7:00

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6588; (P) 0.6630; (R1) 0.6685; 

With the current recovery, the AUD/intraday USD’s bias has become neutral, and some consolidations may be seen above the recent low of 0.6573.

The recovery’s upside should be constrained below the 0.6951 resistance level to prevent another slump.

If 0.6573 is broken on the downside, a broader downward trend will resume to the long-term Fibonacci level of 0.6461. In the big perspective, price movements from the 2021 high of 0.8006 are more appropriately viewed as a corrective pattern to rise from 0.5506 (2020 low). Or it might be a bearish impulsive action.

As long as the 0.7135 resistance holds, the picture will stay negative in either scenario. The following objective is the 0.6461 retracement of the 0.5506 to 0.8006 range.

Sep 22, 2022, 10:00PM+7:00

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6601; (P) 0.6653; (R1) 0.6684;  

The AUD/USD intraday bias is still negative at this time. The downward trend should aim for the long-term Fibonacci level of 0.6461.

On the upside, breaking over the resistance level of 0.6698 will neutralize the intraday bias and bring consolidations. In the event of a recovery, the prognosis will still be negative as long as the 0.6915 resistance persists.

In the big perspective, price movements from the 2021 high of 0.8006 are more appropriately viewed as a corrective pattern to rise from 0.5506 (2020 low). Or it might be a bearish impulsive action.

 As long as the 0.7135 resistance holds, the picture will stay negative in either scenario. The following objective is the 0.6461 retracement of the 0.5506 to 0.8006 range.

Sep 16, 2022, 12:40PM+7:00

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6674; (P) 0.6722; (R1) 0.6748;

AUD/intraday USD’s bias is currently neutral, while the forecast is bearish due to a past rejection of the 55-day EMA. The broader downtrend will resume if 0.6680 is decisively broken.

The long-term Fibonacci level 0.6461 will be the next objective. A breach of the 0.6915 resistance on the upside will be a short-term positive indicator and trigger a bigger rally through the 0.7008 resistance and toward the 0.7135 resistance.

In the big perspective, price movements from the 2021 high of 0.8006 are more appropriately viewed as a corrective pattern to rise from 0.5506 (2020 low). Or it might be a bearish impulsive action.

As long as the 0.7135 resistance holds, the picture will stay negative in either scenario. The following objective is the 0.6461 retracement of the 0.5506 to 0.8006 range.

Sep 15 2022, 4:41GMT

VOT Research Desk

Analytical Viewpoint AUD/USD

Daily Pivots: (S1) 0.6715; (P) 0.6738; (R1) 0.6770 

First, the intraday bias in AUD/USD remains neutral. A 55-day EMA rejection in the past is a bearish sign for the near term. The broader downtrend will resume if 0.6680 is decisively broken.

The long-term Fibonacci level 0.6461 will be the next objective. A breach of the 0.6915 resistance on the upside will be a short-term positive indicator and trigger a bigger rally through the 0.7008 resistance and toward the 0.7135 resistance.

In the big perspective, price movements from the 2021 high of 0.8006 are more appropriately viewed as a corrective pattern to rise from 0.5506 (2020 low). Or it might be a bearish impulsive action.

As long as the 0.7135 resistance holds, the picture will stay negative in either scenario. The next goal is 0.6461, the 61.8% retracement of 0.5506 to 0.8006

VOT Research Desk

Analytical Viewpoint AUDUSD

Daily PIVOTS: (S1) 0.6667; (P) 0.6792; (R1) 0.6856.

Intraday predisposition in AUD/USD stays unbiased first. On the drawback, a firm break of 0.6680 help will continue a bigger downtrend. The following objective is a 0.6461 long haul Fibonacci level. On the potential gain, a supported break of 55-day EMA (presently at 0.6915) will target 0.7135 Resistance next.

In the master plan, cost activities from 0.8006 (2021 high) are considered more to be a remedial example to ascend from 0.5506 (2020 low). Or on the other hand it could likewise be a negative imprudent move. Regardless, the standpoint will stay negative as long as 0.7135 Resistance holds. Next target is 61.8% retracement of 0.5506 to 0.8006 at 0.6461.