AUD Trading Outlook Archive

INTRADAY CONCLUSION: We will see more range trading across the major pairs and any movement will be determined by one-off flows and stop-loss hunts. I prefer to be short AUD/USD ahead of 1.0360 but with very tight stops above. Any dips back toward 1.0300/10 will… Read more

INTRADAY CONCLUSION: I’m looking at a 1.0260/1.0360 range with a bullish bias. Despite the really heavy selling in pairs like AUD/NZD, the AUD/USD has held up really well so I fancy that the next move will be higher to test important technical resistance at 1.0360.

INTRADAY CONCLUSION: I suggest a broad 1.0220/1.0360 range and whilst I doubt that we will get to the edges of this, I still recommend patience in seeking a good entry level. Slight bias to the topside today, as short-term market might already be a little… Read more

Movers & Shakers AUDUSD The Australian dollar (AUD) reversed its negative trend, moving from 1.0118 to 1.0252 against the US dollar (USD). The Aussie took off after remarks from the Reserve Bank of Australia that it will not cut rates further as previous cuts had… Read more

Australian Dollar (AUD) in under pressure able to hold at 1.0200 last week but crashing lower today as new Chinese property measures sent the shanghai stock index sharply lower. The 1.0150 key support was broken and we are at 1.0120 and looking vulnerable as we… Read more

Australian Dollar (AUD) the AUD/USD soared to 1.2080 after the CAPEX data showed mining data was stronger than forecast defying pessimist predictions of a crash in investment. The AUD/USD rally was briefly however as USD strength and technical resistance held strong and we ended back… Read more

Australian Dollar (AUD) was under pressure for most of the day but when the sellers failed to kick lower after breaking through 1.0200 we rebounded to 1.0230. The market was caught short today and we have seen a sharp rally to 1.0280 even with some… Read more

. Australian Dollar (AUD) the AUD/USD fell through 1.0225 range support but the bears party was stopped at 1.0200 with some very large orders from local banks and presumed option protection buyers from a large sovereign presumed to be china held the figure intact. The… Read more

Australian Dollar (AUD) the Aussie was able to ignore the volatility with the usually risk sensitive currency sidelined even with the collapse of the AUD/JPY cross. EUR/AUD selling was the main support but also the hawkish Governor Stevens talk last week still underpinning with the… Read more

Australian Dollar (AUD) the AUD/USD topped out at 1.0340 on Friday on the back of strong buying after RBA Governor Stevens talked up the Australian economy and played down the high AUD. This is stark contrast to the currency wars seen around the globe lately…. Read more