AUD Trading Outlook Archive

Australian Dollar (AUD) the Aussie is a risk currency and so rallied dramatically on Friday up from parity to key resistance at 1.0240. The outlook is mixed with the recent interest rate cuts and Chinese slowdown leading many analyst to suggest a lower AUD but… Read more

Australian Dollar (AUD) the AUD/USD is quietly grinding higher with the stronger stocks and commodities. Resistance at 1.0080 was broken in Asia today and we are testing 1.0120-40 resistance in Europe. The outlook is for more gains if sentiment remains positive with the Australian economy… Read more

Australian Dollar (AUD) the AUD/USD grinded higher from 1.0000 to 1.0080 test but the market is cautious to get ahead of itself on the long side ahead of the ECB meeting which could disappoint and drag the Euro and global stocks lower. China is another… Read more

Australian Dollar (AUD) the large falls in Global stock markets on Monday weighed on the AUD/USD which is a traditional risk currency. The key 1.0000 level was broken in US trade and support was found at 0.9970. The outlook is mixed with the recent rally… Read more

Australian Dollar (AUD) the AUD/USD mimicked the EUR/USD closely with a rally in early Europe before sustained selling for the rest of the day as the China slowdown story hit the Asian commodity powerhouse directly. June Chinese Flash HSBC PMI came in lower at 48.1… Read more

Australian Dollar (AUD) pushed to new rally highs above 1.0180 with the positive stockmarket rally helping investors surge back into the risk currency. AUD/JPY is now above Y80 and could continue to rally with Y88 year high. Looking Ahead New Zealand GDP is forecast at… Read more

Australian Dollar (AUD) was able to hold onto most of the gains from the Greece election rally in Asia yesterday with traders selling the EUR/AUD rather then selling AUD/USD when the EUR/USD fell so heavily. UPDATE RBA minutes suggest future rate cuts are less likely… Read more

Australian Dollar (AUD) the AUD/USD is going from strength to strength now we are back above parity and the Greece situation has at least averted a disaster. AUD/JPY flows are helping and the Yen cross is now back above the key Y80 level. Looking ahead,… Read more

Australian Dollar (AUD) the AUD/USD tested 1.0000 for the third time in a week but failed to break the key resistance and eased back to 0.9950 with traders nervous to get aggressive in either direction. A lot of the fear has left the market in… Read more

Australian Dollar (AUD) the AUD/USD hit rallied from 0.9850 lows in Asia yesterday to move a full big figure higher and be on the front foot in trade today. The resilience the AUD/USD is showing lately is frustrating the bears that had been given every… Read more