Share: The AUD/USD is struggling to find support as the US Dollar movers higher across the broader market. The Aussie is facing multiple bearish pressures as the RBA keeps rates unchanged as markets expected. The rest of the week still sees key data points for both the Aussie and the Greenback. The AUD/USD
The AUDUSD sellers had their shot this week with a move outside of the “Red Box” that has confined the pair between 0.6356 and 0.65214 for 7 trading weeks now. The failure to break – and move lower this week – has given the buyers a go-ahead to push higher midweek. Yesterday the price returned
Share: The AUD/USD has walked back all of the day‘s gains in Friday trading as the DXY sees resurgence. Friday sees the Aussie down over 1% against the Greenback. A looming US government shutdown is seeing markets balk as investors clam up and jump back into the USD. The AUD/USD has slipped over 65
Share: AUD/USD finds nominal selling pressure near 0.6500 while more upside remains favored. Soft US core PCE inflation data dragged the 10-year US Treasury yields to 4.5%. The RBA is expected to keep interest rates unchanged but the interest rate peak is seen at 4.35% by the year-end. The AUD/USD pair rallied to
Australian Dollar, AUD/USD, AUD/JPY – Near-Term Technical Update: Recommended by Daniel Dubrovsky How to Trade AUD/USD AUD/USD – Daily Chart Recent performance in the Australian Dollar against the US Dollar and Japanese Yen is setting up an interesting technical landscape. On the daily chart below, AUD/USD surged on Thursday, leaving behind a Bullish Engulfing candlestick
US Dollar Vs Euro, British Pound, Australian Dollar – Price Setups: EUR/USD is testing key support, while GBP/USD has fallen under a vital floor. AUD/USD is back at the lower end of the recent range; USD/JPY eyes psychological 150.. What’s next for EUR/USD, GBP/USD, AUD/USD, and USD/JPY? Recommended by Manish Jaradi Improve your trading with
Australian Dollar Vs US Dollar, Australia Monthly CPI – Talking Points: AUD held early gains after Australia monthly CPI rose last month. AUD/USD faces still resistance ahead; AUD/NZD is testing key support. What are the key levels to watch in AUD/USD and AUD/NZD? Recommended by Manish Jaradi How to Trade AUD/USD The Australian dollar held
Market Recap Wall Street saw further de-risking overnight (DJIA -1.14%; S&P 500 -1.47%; Nasdaq -1.57%) amid the absence of bullish catalysts, while elevated Treasury yields, higher oil prices and a gridlock in the US government funding bill serve as prevailing risks for markets to digest. The VIX has touched its highest level close since May
Share: Australian Dollar snaps the losing streak due to a rise in monthly CPI. Australia’s inflation reported a reading of 5.2% as expected, up from the 4.9% prior. US Dollar (USD) trades around 106.30, the highest since December. Upbeat US Treasury yields are contributing support for the Greenback. The Australian Dollar (AUD) looks
The AUDUSD technical story remains largely the same. The pay remains within its up-and-down trading range (see red box on the chart below) with a short-term negative bias. The negative technical bias comes because the price is below the 100 and 200 bar moving averages on the 4-hour chart between 0.6423 and 0.6436. Staying below
