AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD was very quiet compared the other majors with a small rally towards the topside resistance near 1.0580. The market is waiting for the CPI data which is important for the RBA which is a inflation fighting central bank. UPDATE Q4… Read more

Australian Dollar (AUD) the AUD/USD is continuing to compress as range trading continues. A new trend is likely once the range is broken but the market is not giving many clues as to the next big story in the market with the exception of Yen… Read more

Australian Dollar (AUD) the AUD/USD remained quiet at the bottom end of its 1.05-1.06 range. The outlook for the commodity currency is mixed with recent stock and Oil gains failing to materialize into Aussie strength. AUD/JPY is still in a strong uptrend but most of… Read more

Australian Dollar (AUD) the AUD/USD was able to recover from awful jobs data on Thursday to bounce off the 1.0500 level to close back at 1.0550 after the US stock run. The daily range of the AUD/USD has been compressed lately and could be leading… Read more

Australian Dollar (AUD) the AUD/USD continues to trade in a very tight range between 1.0530-1.0580 and we are waiting for a catalyst to break out. The risk on trading environment is generally supportive for the risk sensitive currency but the local economy is weakening and… Read more

Australian Dollar (AUD) the AUD/USD fell sharply to 1.0525 on AUD/JPY selling in Asia before finding support and closing at familiar levels near 1.0560. EUR/AUD is taking advantage of the Euro weakness so far this week falling from 1.2700 to 1.2570. The RBA has less… Read more

Australian Dollar (AUD) continues its bullish trend moving above 94.00 against the Japanese Yen (JPY) as the Australian economy strengthens from higher exports.

Australian Dollar (AUD) the AUD/USD broke above resistance at 1.0525 in the Asian session yesterday after strong Chinese Trade Balance put the ‘risk on’. EUR/AUD was more interesting down in Asia before surging on the ECB back above key resistance at 1.2500. Looking ahead, China… Read more

Australian Dollar (AUD) the AUD/USD is remaining locked in its recent trading range around the 1.0500 level. November Retail Sales fell -0.1% vs. 0.3% forecast and did dampen sentiment briefly in the Asian session. Relentless AUD/JPY support and strong US stocks are helping to support…. Read more

Australian Dollar (AUD) the AUD/USD continued to orbit the 1.0500 level with sellers at 1.0525 capping but support at 1.0480 is also proving very solid. EUR/AUD has been pushing to the downside falling from 1.2500 to 1.2440 overnight as the Aussie holds up better than… Read more