AUD Trading Outlook Archive

Australian Dollar (AUD) the AUD/USD posted a double top near 1.00680 and has come under heavy profit taking pressure so far in Asia on Monday morning. The market has built up substantial long positions across the AUD market with EUR/AUD still near record lows and… Read more

Australian Dollar (AUD) the AUD/USD made an attempt at the 1.0700 key resistance before reversing back to lower 1.0600 region in the US session. The Asia session was very quiet with the Chinese markets still away on New Year holidays and the Australian market closed… Read more

Australian Dollar (AUD) the Aussie had an eventful day able to shake off a drop in inflation pressures to rally in Asia before dipping in Europe. The US session saw a massive rally to new month and 2012 highs above 1.0600 and is opening up… Read more

Australian Dollar (AUD) the Aussie was a noted underperformer with the recent rally on most pairs including the USD coming under profit taking pressure. The notable exception was the AUD/JPY which continued to track higher and closed above Y81. UPDATE Q4 CPI at 3.1% vs…. Read more

Australian Dollar (AUD) the AUD/USD extended the uptrend above 1.0500 and pushing to resistance near 1.0560 before easing on profit taking. The outlook is very strong for the Aussie which is only 5 cents off all-time highs in the middle of a debt crisis. Improving… Read more

Australian Dollar (AUD) was able to decouple from the Euro selling on Friday and Monday morning in Asia as the commodity currency continues to receive support after breaking higher earlier in the week. AUD/JPY is providing plenty of support as is the EUR/AUD which resumed… Read more

Australian Dollar (AUD) the AUD/USD underperformed in the risk rally as December Unemployment shocked at -29k vs. +10k forecast. The EUR/AUD leapt at the opportunity to move 200 pips higher off all-time lows. The market has been selling the EUR/AUD for months and the unwind… Read more

Australian Dollar (AUD) the Aussie managed to break above the 200 day SMA overnight but failed to close above the key technical indicator. The Chinese GDP data underpinned the move higher and is looking to move higher now the recent range has been broken. Unemployment… Read more

Australian Dollar (AUD) the Aussie managed to break above the 200 day SMA overnight but failed to close above the key technical indicator. The Chinese GDP data underpinned the move higher and is looking to move higher now the recent range has been broken. Unemployment… Read more

Australian Dollar (AUD) the Aussie continues to receive support on dips but is not breaking to the topside. Traders suggest a move above the 200day moving average at 1.0400 would support the AUD/USD and could put 1.10 back on the table. Commodities led by Gold… Read more