AUD Trading Outlook Archive

The Australian Dollar (AUD) was under heavy selling pressure with Silver and Oil pushing the commodity currency lower. The RBA held at 4.75% with the central bank still concerned about inflation but not indicating a rate hike was in the next couple of months. Overall… Read more

The Australian Dollar (AUD) tested 1.1000 twice but failed both times and ended at day lows in moves similar to the Euro. The market is cautious of being long ahead of the RBA decision today which is expected to be hawkish given the CPI numbers… Read more

The Australian Dollar (AUD) was very strong as stocks in the US grinded higher and gold pushed up. 1.1000 was broken in Asia early on Monday but the market reversed aggressively from the key level as longs took profit. Overall the AUD/USD traded with a… Read more

The Australian Dollar (AUD) was well supported on a dip below 1.0900 and ended near all-time highs. Strong commodities led by silver and gold helped encourage the Aussie to push higher. Overall the AUD/USD traded with a low of 1.0861 and a high of 1.0950… Read more

The Australian Dollar (AUD) tracked the Euro and stock markets to fresh post float highs with big figure resistance the only thing slowing the Aussie down. AUD/JPY reclaimed Y89 and is targeting the key Y90 level. Overall the AUD/USD traded with a low of 1.0777… Read more

The Australian Dollar (AUD) the Aussie broke above 1.0800 briefly as the market responded to buying in stock markets. The market is hitting fresh highs each day with little technical resistance and profit taking the only factor slowing the ascent. Overall the AUD/USD traded with… Read more

The Australian Dollar (AUD) tested support under 1.0700 with gold and silver reversing in the US session and US stocks easing slightly. The outlook is still strong but the market is very overbought currently. Overall the AUD/USD traded with a low of 1.0682 and a… Read more

The Australian Dollar (AUD) strong Oil and Gold led to solid AUD support which I remain close to 1.0775 all time highs. Overall the AUD/USD traded with a low of 1.0718 and a high of 1.0755 before closing the day at 1.0739 in the New… Read more

The Australian Dollar (AUD) popped all-time highs in Asia to test 1.0600 but the market was only warming up and rallied for most of the day to break above 1.0700 late US session. AUD/JPY broke above Y88 and is eyeing a retest of Y90 the… Read more