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Australian Dollar Forecast: Aussie Support Grind- AUD/USD Breakout Pending

Australian Dollar Forecast: Aussie Support Grind- AUD/USD Breakout Pending 2021-04-12 17:30:00 Michael Boutros, Strategist Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels Australian Dollar technical trade level update - Weekly Chart AUD/USD sell-off plunges into multi-month uptrend support / 2021 range low Aussie key support into 7563– key resistance steady at 7836 Advertisement The Australian Dollar plummeted nearly 6% against the US Dollar off the February highs with the decline now testing multi-month channel support. While the broader outlook remains constructive, the rally remains vulnerable here as the April range sets up just above the yearly lows. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the year. Review my latest Weekly Strategy Webinar for the an in-depth breakdown of th

Australian Dollar Outlook: AUD/USD Break Tests First Aussie Hurdle

Australian Dollar Outlook: AUD/USD Break Tests First Aussie Hurdle 2021-03-09 18:30:00 Michael Boutros, Strategist Australian Dollar Technical Price Outlook: Near-term Trade Levels Australian Dollar technical trade level update – Daily & Intraday Charts AUD/USD correction testing first major technical support- risk for near-term price inflection Near-term support objectives 7618, 7523 Key - Resistance into 7800/36 Advertisement The Australian Dollar is virtually unchanged against the US Dollar for the week after rebounding off key support. While the recovery may yet have another leg, the broader risk remains tilted to the downside while below the monthly range highs. These are the updated targets and invalidation levels that matter on the AUD/USD technical price charts. Review my latest Strategy Webinar for an in-depth breakdown of this Aussie setup and more.

Australian Dollar Forecast: Aussie March Lower- AUD/USD Eyes 2021 Low

Australian Dollar Forecast: Aussie March Lower- AUD/USD Eyes 2021 Low 2021-03-07 04:00:00 Michael Boutros, Strategist Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels Australian Dollar technical trade level update - Weekly Chart AUD/USD reversal looks to challenge 2021 range lows Aussie key support into 7563– key resistance back at 7836 Advertisement The Australian Dollar has plummeted more than 4.8% against the US Dollar off the January highs with the late-February sell-off carrying over into the start of March trade. The reversal off multi-year highs threatens a deeper correction in the weeks ahead – our focus is on a reaction on a test of the yearly range lows just lower. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the year. for an in-depth breakdown of this Aussie technical setup and more.

Australian Dollar Forecast: Aussie Breakout Shows Signs of Exhaustion

Australian Dollar Forecast: Aussie Breakout Shows Signs of Exhaustion 2021-02-23 18:30:00 Michael Boutros, Strategist Australian Dollar Technical Price Outlook: AUD/USD Weekly Trade Levels Australian Dollar technical trade level update - Weekly Chart AUD/USD breakout probes three-year highs as momentum signals overbought Aussie outlook remains constructive above 7563– key resistance into 8100 Advertisement The Australian Dollar surged more than 4.9% against the US Dollar off the January lows with the rally stretching to fresh multi-year highs this week. While the broader outlook remains constructive on the heels of the recent breakout, the immediate advance may be vulnerable heading into the March open. These are the updated targets and invalidation levels that matter on the AUD/USD weekly price chart heading into the close of the month. Review my latest Weekly Strategy Webinar for an i

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