AUD Trading Outlook Archive

The Australian Dollar (AUD) fell below parity on heavy selling on further unwinding of long Aussie positions against the USD and CAD. Sentiment remains strong but recent price action is making buyer cautious with sharp falls in the past a reminder of the how volatile… Read more

The Australian Dollar (AUD) was crunched lower as Gold&amp rsquo s losses mounted and the Oil fell off a cliff down $3 a barrel at one stage. Support was eventually found in the lower 1.0030 region and a mild recovery ensued. Overall the AUD/USD traded… Read more

The Australian Dollar (AUD) was subdued unable to hold onto the 1.0200 level as profit taking hit the pair after recent gains. The outlook is still positive for the heavily overbought currency with commodities continuing to push higher. Overall the AUD/USD traded with a low… Read more

The Australian Dollar (AUD) traded at new record highs above 1.0250 as the market continues to buy dips on the commodity currency. AUD/NZD is a notable exception as the pair eases from year highs in recent sessions. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) tested 1.0200 before falling on a combination of year-end profit taking and weak Chinese PMI data 54.4 vs. 55.3 previously. Support was found at 1.0140 and the pair finished on a firm footing. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) broke above 1.0100 at the height of the USD weakness and avoided much of the USD strength in the US session. AUD/JPY is also outperforming holding above Y83 while traders support the high yielding commodity currency. Overall the AUD/USD traded with… Read more

The Australian Dollar (AUD) extended gains above parity as the commodity currency does well given Oil&rsquo s move higher. AUD/NZD reversed from 1.3500 back to 1.3400. Overall the AUD/USD traded with a low of 0.9985 and a high of 1.0068 before closing the US session… Read more

The Australian Dollar (AUD) took advantage of strong stocks and commodities to break above parity and look to extend gains in the Asian session today. Q3 NZD GDP was released and surprised with a negative -0.2% print sending the AUD/NZD above 1.3500 for the first… Read more

The Australian Dollar (AUD) remained the top choice for risk taking investors trading up to test parity before consolidating just below. EUR/AUD and GBP/AUD continue to trend lower and are adding support. Overall the AUD/USD traded with a low of 0.9916 and a high of… Read more

The Australian Dollar (AUD) the Aussie outperformed all currencies with EUR/AUD and GBP/AUD pushing record lows and the high yielding commodity currency shrugging off the European worries. Overall the AUD/USD traded with a low of 0.9861 and a high of 0.9951 before closing the US… Read more