AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD continued to struggle all day with the China slowdown story and some local mining slowdown news creating an air of uncertainty. Gold and Oil fell sharply overnight and the AUD/USD fell to 1.0350 support. The downside is significant if the… Read more

Australian Dollar (AUD) the AUD/USD was hammered for a second day breaking 1.0400 before finding support at 1.0380 and bouncing into the US close. The weekend saw new announcement of major stimulus programs out of China but the market was in no mood to buy… Read more

Australian Dollar (AUD) the Aussie was hammered lower immediately after the weak Chinese HSBC PMI slumped to 9 month lows at 47.3 in August. The selling continued in Europe and the US sessions with the China bear story now undermining the AUD support base.

Australian Dollar (AUD) had very volatile trade with weakness in the Asian/European session on Chinese slowdown fears led to the market being caught short by the Dovish FOMC minutes. We soared above 1.0500 and had a large stop hunt in the early Thursday Asian session… Read more

Australian Dollar (AUD) was volatile rallying up to 1.0520 before reversing with the US stocks and ending on a weak footing. So far in Asia the selling has continued and accelerated as BHP the world’s largest miner cut profit forecasts and halted expansion on falling… Read more

Australian Dollar (AUD) had a slightly positive day rising up to 1.0470 before consolidating in quiet trade. The heavy selling on Friday has spooked the bulls and we could struggle to get back above 1.0500 in the current environment waiting for fresh direction. AUD/JPY is… Read more

Australian Dollar (AUD) the AUD/USD finally broke to the downside in a rare move on a strong stock market day. The main story is that the crosses are under pressure with EUR/AUD and GBP/AUD surging higher after months of downtrend. Some suggest that the China… Read more

Australian Dollar (AUD) the AUD/USD moved back above 1.0500 but did match the gains of other majors with some slight hesitation to buy Aussie with the recent weakness still fresh in the traders minds. EUR/AUD and GBP/AUD both continued to push higher and could be… Read more

Australian Dollar (AUD) the AUD/USD fell to new week lows near 1.0460 overnight but was supported by strong US stocks and finished back at 1.0500 in mixed day of trade. The outlook is not clear but major downside will be hard without some US stock… Read more

Australian Dollar (AUD) the AUD/USD is struggling this week breaking down below 1.0500 supports overnight as profit takers took control. The uptrend is still in play and it is healthy to have the market correct lower but as is always the case reversals and downtrends… Read more