AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD broke above 1.0380 and tested 1.0400 before spending the rest of the day in a tight range. The RBA meets on Tuesday but before that that we have US GDP (tonight) and Chinese PMI (Monday) risk events. Looking ahead, BOJ… Read more

Australian Dollar (AUD) the AUD/USD is rallying with global stocks and is ignoring the looming rate cut coming next Tuesday to once again be well supported. Resistance is seen at 1.0400 and 1.0450 if the rally was to continue tonight. The AUD/NZD cross fell today… Read more

Australian Dollar (AUD) Has been under pressure from the global stock market fall but the biggest hit came from Q2 CPI which shocked at 0.1% vs. 0.6% Q/Q. The weak inflation certainly almost confirms the RBA will cut next Tuesday and will be a constant… Read more

Australian Dollar (AUD) the AUD/USD was supported by the move higher in the EUR/USD but the market was hesitant at 1.0380 and we saw the Aussie fall behind. The GBP/AUD and EUR/AUD took advantage of the lagging Major to push higher with week highs on… Read more

Australian Dollar (AUD) the AUD/USD is the most range bound currency pair in the market this week which is very unusual for the risk currency. The AUD/JPY is supporting and grinding higher towards Y85 level.

Australian Dollar (AUD) the AUD/USD is struggling to find direction of late with sellers failing at 1.0300 and buyers scared close to 1.0450. The market will be looking to the European debt markets and the stocks later tonight for fresh direction. UPDATE Brazil Cuts Interest… Read more

Australian Dollar (AUD) the AUD/USD tricked Asian investors again with the selling pushing the AUD/USD to fresh week lows before reversing to fresh week highs as the sellers turned buyers given the stock market rally. The RBA minutes have increased the chance of a rate… Read more

Australian Dollar (AUD) the AUD/USD hit day lows as the EUR/USD tested 1.3000 before reversing with the major’s short squeeze. Traders sold into the rally though which was capped at 1.0380 and we are once again coming under selling pressure going into Tuesday Asian trade…. Read more

Australian Dollar (AUD) the AUD/USD is being crunched lower as stock markets fall and the Chinese economy slows down faster than expected. The market is eyeing month lows new 1.0200 and then on to 1.000 if the risk off trading environment continues. Last year the… Read more

Australian Dollar (AUD) had a very volatile 24 hours surging on strong March Jobs data and hitting week highs above 1.0450 before the Chinese data shock. The commodity currency then fell sharply lower. The Chances of a return to the downtrend are very real now… Read more