Steve Miley is - The Market Chartist

Financial Market Technical Chart Blogs from Steve Miley - The Market Chartist

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form

AUDUSD upside bias within broader range

Posted by on in FX Chart Updates
  • Font size: Larger Smaller
  • Hits: 1152
  • Print
AUDUSD upside bias within broader range

Not aggressively bullish, but a still positive tone Monday through .7843/5 barriers to maintain positive pressures early this week, further reinforcing the reversal above the down trend line from October 2014.

We see upside risk in the very near term, but within the context of a short/ intermediate-term range theme.

For Today:

We see an upside bias for 7884; break here aims for .7905, but we would look for the .7938 peak to try to cap.

But below .7790 aims through .7761 and opens risk down to .7707/02, which we would look to try to hold.

Short/ Intermediate-term Range Parameters: We see the range defined by .7938 and .7533.

Range Breakout Challenge

Upside: Above .7938 aims higher for .8027/62 and .8224/34.

Downside: Below .7533 sees risk lower for .7500 and .7267.

A taster of the report above. To view the full AUDUSD report (from UK Monday evening) with screencasts, levels and more, click here
Remember, for a FREE trial of our FX and all other reports, sign up by clicking here

2 Hour AUDUSD Chart


Daily AUDUSD Chart


Last modified on
Rate this blog entry:

Steve Miley is The Market Chartist and has over two decades of financial market experience with him. He spent 2009-2012 as a Director of the FX Technical Analysis Research Strategy team at Credit Suisse and was previously at Merrill Lynch for 15 years; 10 years as a technical analyst, 5 years in Fixed Income sales.

He was 2013 winner of the Technical Analyst Magazine Award for Best Independent Fixed Income Research & Strategy, Runner Up for the same award in 2014 and was the winner of Best FX Research & Strategy 2012 (at Credit Suisse).

Steve is a Member of the Society of Technical Analysts (MSTA) and holds a Masters Degree in Politics, Philosophy & Economics from Lincoln College, Oxford University.

Steve has covered all major asset classes including Rates & Credit, G10 & EM currencies, Equity Indices & Sectors and Commodities and has strong relationships across the institutional financial trading spectrum, including Central Banks, Real Money accounts, Hedge Funds and other Global Corporates.



  • affiliatelogos.png



  • users1.png
  • users2.png
  • users3.png
  • users4.png