AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD did well in the commodity rally overnight with Oil pushing higher and Iron ore remaining at 2011 levels. AUD/JPY is getting support on dips and remains elevated near the Y92 level. AUD/USD is finding tough resistance above 1.0500. Looking ahead,… Read more

Australian Dollar (AUD) the Aussie received lots of support on Friday gaining across the board on the back of strong global stock markets. Resistance was found at 1.0480 but buying has resumed in Asia this morning and we have broken above 1.0500. Commodities have rebounded… Read more

The Japanese Yen (JPY) gains against the USD/JPY where limited however with recent buying already putting the major in overbought territory. After the FOMC minutes yesterday we saw the 10 Year Yields on US debt tick higher as investors believed we moved closer to normalization… Read more

Australian Dollar (AUD) the Aussie is a risk sensitive currency so even with the technical pointing for downside test last week we have found ourselves dragged higher by outside factors. Some crosses are even gaining as the market has got caught short AUD in the… Read more

Australian Dollar (AUD) the Aussie is a risk sensitive currency so even with the technical pointing for downside test last week we have found ourselves dragged higher by outside factors. Some crosses are even gaining as the market has got caught short AUD in the… Read more

Australian Dollar (AUD) the AUD/USD has been heavy selling pressure over the last 2 trading days breaking under 1.0500 on Friday and then 1.0400 during holiday trading so far this week. The usual AUD buyers have been missing over the last few sessions and we… Read more

Australian Dollar (AUD) the AUD/USD seemed ran out of steam overnight unable to track the EUR/USD higher and instead left to orbit 1.0550. Some analysts pointed to the large Gold selloff as the reason for the underperformance.

Australian Dollar (AUD) the AUD/USD fell back to 1.0540 from 1.0580 resistance but the market is still bullish and will likely attempt 1.0625 year highs if sentiment remains strong. Some focus on 2013 RBA rate cuts could put a cap on the topside with some… Read more

Australian Dollar (AUD)finally broke above 1.0500 and we have opened up a run to 2012 highs 1.0625 if investor appetite can remain upbeat. Recent Chinese data releases and easing Euro tail risks have created a risk on trading environment for the Aussie. EUR/AUD is still… Read more

Australian Dollar (AUD) was very subdued yesterday in a 30 pip range finding solid sellers at 1.0500 and strong support near 1.0460. Chinese Trade Balance fell in November to 20bn as exports were lower than forecast. EUR/AUD is still getting attention with the important cross… Read more