AUD Trading Outlook Archive

Australian Dollar (AUD) Trading Outlook (27-02-2012)

February 27, 2012

Australian Dollar (AUD) the Aussie is getting the jitters and the bulls are nervous with everyone expecting a move higher in recent weeks disappointed and we finished lower even as the EUR/USD soared. Stronger Support is seen towards 1.0500 but the selling is mild with… Read more

Australian Dollar (AUD) Trading Outlook (24-02-2012)

February 24, 2012

Australian Dollar (AUD) the AUSD/USD tracked the Euro higher but stalled at 1.0700 and consolidated in the middle of its recent range until Early Asia on Friday were we saw the next leg higher on RBA talk. RBA Governor speaking to politicians talked up the… Read more

Australian Dollar (AUD) Trading Outlook (23-02-2012)

February 23, 2012

Australian Dollar (AUD) the AUD/USD tried to rally but once again eased in the US session with the usual support seen for the commodity currency lacking even as Gold surged higher. Some traders suggest the political risk that is unraveling in the challenge to PM… Read more

Australian Dollar (AUD) Trading Outlook (22-02-2012)

February 22, 2012

Australian Dollar (AUD) the AUD/USD moved back to lower after the high on the back of the Greece news 1.0750 held twice. The pullback in US stocks prompted another search for support on the bottom end of the range near 1.0650. Looking ahead, MPC Rate… Read more

Australian Dollar (AUD) Trading Outlook (21-02-2012)

February 21, 2012

Australian Dollar (AUD) roared back to the topside testing 1.0800 on Monday morning and looking to test year highs at 1.0840 and then onto all time highs above 1.1000. The RBA may try to slow the rise with jawboning and small scale selling from the… Read more

Australian Dollar (AUD) Trading Outlook (20-02-2012)

February 20, 2012

Australian Dollar (AUD) roared back to the topside testing 1.0800 on Monday morning and looking to test year highs at 1.0840 and then onto all time highs above 1.1000. The RBA may try to slow the rise with jawboning and small scale selling from the… Read more

Australian Dollar (AUD) Trading Outlook (17-02-2012)

February 17, 2012

Australian Dollar (AUD) the Aussie was well supported on the dip to the bottom of its recent 1.06-08 range and when stocks surged on good US data the AUD/USD led the market higher once again. The outlook is still strong and if the risk factor… Read more

Australian Dollar (AUD) Trading Outlook (16-02-2012)

February 16, 2012

Australian Dollar (AUD) the Aussie was bought up in Asia on news that china was looking to expand its investments in Europe. Sentiment weakened though later as the AUD/USD failed to break 1.0780 for a third time and stocks collapsed in the US session.

Australian Dollar (AUD) Trading Outlook (15-02-2012)

February 15, 2012

Australian Dollar (AUD) the Aussie fell out of favor in Asia with the technical picture growing more and more bearish in recent trading sessions. The break to fresh lows under 1.0640 proved short-lived however and reminders traders that buyers still exist on dips for the… Read more

Australian Dollar (AUD) Trading Outlook (14-02-2012)

February 14, 2012

Australian Dollar (AUD) the AUD/USD was leading the market lower in Asia after the downgrades with last Friday’s low at 1.0640 the next support to be tested if Europe pushes lower. The Jobs data on Thursday is the next key risk event. Looking ahead, January… Read more

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