AUD Trading Outlook Archive

The Australian Dollar (AUD) the Aussie did well tracking stocks and commodities higher throughout the day. AUD/JPY also broke resistance heading towards Y87 in a strong move higher. Wage Price index was slower than expected at 0.8% vs. 1.0% previously. Overall the AUD/USD traded with… Read more

The Australian Dollar (AUD) the market sold off aggressively towards the 1.0500 before bouncing in the US session to above 1.0600 and finishing well supported. RBA Minutes showed that the central bank was already factoring more rate rises when the economy was ready to help… Read more

The Australian Dollar (AUD) was volatile rallying above 1.0640 at the start of the US session before finding sellers and returning to weakness. The outlook for the AUD/USD will be dependent on stock markets going forward with a further correction seeing 1.0500 come back into… Read more

The Australian Dollar (AUD) was one of the weakest currencies with the risk sensitive Aussie plummeting towards 1.0500 as sentiment towards the pair turned bearish with stocks. AUD/JPY and most crosses as seeing technical level broken in what could be a major correction. Overall the… Read more

The Australian Dollar (AUD) was crushed lower on surprisingly weak April jobs data at -22.1k vs. 17.6k previously. The Unemployment Rate stayed at 4.9% but the market broke below 1.0600 in Asia and then day lows in Europe before bouncing and testing 1.0700 in the… Read more

The Australian Dollar (AUD) was pelted as commodities and stocks turned. Support was found eventually ahead of 1.0650 but the market will be concerned to buy too aggressively since the potential for a stampede to the exit with longs AUD is well known. Overall the… Read more

The Australian Dollar (AUD) was very strong rallying after impressive March Trade balance numbers (1.7bn vs. 0.4bn Forecast) and a positive change in investor sentiment. Resistance at 1.0800 was broken and tested 1.0850 by the US close. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) the Aussie did well tracking the stock markets higher and shrugging off the Euro weakness. Commodities led by Oil and Gold helped the Aussie to break briefly above 1.0800 but this level proved solid resistance. Overall the AUD/USD traded with a… Read more

The Australian Dollar (AUD) tracked stocks markets higher in the US session Friday with 1.0800 tested at one point. The sharp reversal with the Euro led to AUD/JPY and AUD/USD selling but the market was keen to buy the dip closing on the front foot… Read more

The Australian Dollar (AUD) was crushed lower with longs all fleeing for the exits with the 10% drops in Oil and sharp drops in Gold and Silver leaving commodity currency battered. Support was found under 1.0600 and if stocks can turn around then bargain hunters… Read more