AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie extended gains to test 1.0600 before easing into the close. Strong commodities and improving risk appetite is providing a supportive underpin for the Aussie which is a favorite of traders who track stock markets.

The Australian Dollar (AUD) lows in the Europeans session were reversed in the US even as stocks fell with the Aussie rallying with the Euro spike post Sarkozy-Merkal. The relief rally is under threat with 1.0500 resistance holding so far and the market will be… Read more

The Australian Dollar (AUD) The Aussie surged back to life breaking above 1.0500 in strong US trade with investors demanding the high yielding currency. Commodities where strong and AUD/JPY broke above the Y80 level and is well positioned for more gains. UPDATE RBA Minutes suggest… Read more

The Australian Dollar (AUD) The Aussie did well rebounding back to the 1.0350 resistance tracking stocks in the US and finishing the week on a positive footing after a rollercoaster ride. The risk sensitive currency is taking its cues from the Global stock market with… Read more

The Australian Dollar (AUD) the Aussie fell back on weak employment data but this was short lived with strong buying emerging in Asia after a strong rally in Chinese stocks. July Employment Change -0.1k vs. 10k forecast. July Unemployment Rate at 5.1% vs. 4.9% previously…. Read more

The Australian Dollar (AUD) the Aussie came under heavy selling pressure in the European and the US session with the volatile stock markets creating havoc for traders with support and resistances seemingly nonexistent. AUD/JPY fell back under Y78 and is still under pressure. UPDATE JULY… Read more

The Australian Dollar (AUD) the Aussie tracked the intraday volatility falling through parity for the first time since April before reversing sharply with US stocks to finish just under 1.0400. The large moves are creating the best conditions for momentum day traders seen this year…. Read more

The Australian Dollar (AUD) The Aussie crashed into the US close falling to 1.01 tracking the stock market fall and AUD/JPY to Y78. Traders are targeting the parity with the key level the last support before we move to 2010 levels. EUR/AUD and GBP/AUD are… Read more

The Australian Dollar (AUD) The Aussie was sold aggressively today in Asia as the risk sensitive currency broke key support at 1.0380 and tested 1.0300. AUD/JPY is close the Y80 level a very important support in recent trading history.

The Australian Dollar (AUD) the Aussie found support under 1.0700 after falling when local economic data missed. June Retail Sales fell -0.1% vs. +0.3% forecast m/m. AUD/JPY reacted to the USD/JPY intervention in Asia but the AUD/USD is struggling. Overall the AUD/USD traded with a… Read more