AUD Trading Outlook Archive

The Australian Dollar (AUD) surged back above 1.0500 as the risk off trade proved only temporary and threatens once again to test 1.0580 all time highs while risk appetite remain strong. AUD/JPY is testing Y87 and a break above could encourage more buyers into the… Read more

The Australian Dollar (AUD) reacted negatively to the risk aversion and broke below the key 1.0500 level threatening bigger pullbacks in coming days. AUD/JPY selling is beginning to weigh heavy after be a source of solid support in the recent run up to record highs…. Read more

The Australian Dollar (AUD) grinded higher tracking Gold and US stocks higher towards 1.0580. Continued outperformance is expected over the coming months while the high yielding Aussie receives market wide support. Overall the AUD/USD traded with a low of 1.0509 and a high of 1.0578… Read more

The Australian Dollar (AUD) pushed higher in to the mid 1.0500 level in striking distance of all time highs at 1.0580. AUD/JPY is still the most important cross tracking global stocks up and down. US Data will in focus tonight as traders try to judge… Read more

The Australian Dollar (AUD) bounced off trend line support to move above 1.0500 once again before easing slightly into the US Close. April Consumer Sentiment picked up +1.2% and general economic data has been quite strong out of Australia lately helping push the commodity currency… Read more

The Australian Dollar (AUD) the risk sensitive Aussie came under heavy selling pressure with the AUD/JPY falling sharply in Asia to Y87 and AUD/USD breaking briefly below 1.0400. The selling subsided and buyers reentered the market in force and the Aussie broke above 1.0500 at… Read more

The Australian Dollar (AUD) the market reversed from fresh highs and broke back under 1.0500 as Oil fell $5 a barrel and AUD/JPY slumped. The market has been heavily long and profit taking could be substantial if negative sentiment continues. Overall the AUD/USD traded with… Read more

The Australian Dollar (AUD) fresh all-time highs as the risk commodity currency pushed higher above 1.0500 and consolidated gains. AUD/JPY is within striking distance of the Y90 level and could continue higher if broken. Overall the AUD/USD traded with a low of 1.0450 and a… Read more

The Australian Dollar (AUD) tested the 1.0500 barrier before reversing hard in the US session on the Japan news but is well supported on dips and further gains are likely in coming session after very strong jobs data. March Employment change +37k vs. +22k forecast…. Read more

The Australian Dollar (AUD) broke above 1.0400 resistance and grinding higher supported on AUD/JPY buying and the high interest rate differential between Australia and other developed countries. Overall the AUD/USD traded with a low of 1.0327 and a high of 1.0453 before closing the day… Read more