AUD Trading Outlook Archive

The Australian Dollar (AUD) was hit hard from the China Bank Reserve ratio hike but support was found &nbsp near the 0.9820 level and when US stocks rallied the Aussie rebounded. A retest of the key parity level would require stock markets to continue their… Read more

The Australian Dollar (AUD) tracked the improvement in investor sentiment to reclaim 0.9900. AUD/JPY in particular was strong pushing above Y82.50. The market will be watching to see if the Aussie can resume its uptrend or whether parity will remain a short term barrier. Overall… Read more

The Australian Dollar (AUD) was well supported as the market finished selling and bargain hunters came back into the market. AUD/JPY demand is helping to underpin with traders targeting Y85 as USD/JPY begins to climb. Overall the AUD/USD traded with a low of 0.9724 and… Read more

The Australian Dollar (AUD) fell victim to the weakening investor sentiment tracking commodities and stocks lower. The RBA minutes were also quite weak with the November rate hike seen as a finely balanced decision and a reaction to future inflation risks. Overall the AUD/USD traded… Read more

The Australian Dollar (AUD) more selling was seen in Asia and in the US session but there was a rally in the US session after the strong US Retail Sales helped commodities to rally. Overall the AUD/USD traded with a low of 0.9812 and a… Read more

The Australian Dollar (AUD) the downside test came in hard for the Aussie on Friday as longs all tried to exit at once and a test of 1.0000 failed in the Asian session. Support was found in the lower 0.9800 levels but with stocks and… Read more

The Australian Dollar (AUD) had a wild day of trading falling aggressively towards parity after mixed jobs data. October Unemployment Rate jumps to 5.4% vs. 5.1% even as +29k jobs were created. Risk off trading in the US sent the pair back below 1.000 and… Read more

The Australian Dollar (AUD) tested Parity a few times throughout the day before finishing on a firm footing with the late rally in the US session. November Consumer Sentiment fell 4.7 but the market is watching commodities and stocks for direction in recent trading sessions…. Read more

The Australian Dollar (AUD) Fell heavily from European highs as Gold plummeted over $40 an ounce form fresh record highs. AUD/USD tested Parity but held while AUD/JPY downside was buffered by the move higher in the USD/JPY. Overall the AUD/USD traded with a low of… Read more

The Australian Dollar (AUD) dipped back to 1.01 supports before rallying into the US close as selling subsided and fresh buying resumed. The uptrend is firmly in place and the market is eyeing fresh all time highs on the next bout of USD weakness. Overall… Read more