AUDUSD Forecast Video for 08.03.23 Australian Dollar vs US Dollar Technical Analysis The Australian dollar has fallen rather hard during the course of the trading session on Tuesday, as we are now wel...
Tag: AUDUSD
AUD/NZD, AUD/USD forecast ahead of the RBA rate decision
The Australian dollar will be in focus this week as the Reserve Bank of Australia (RBA) delivers its second decision of the year. The AUD/NZD exchange rate jumped to a high of 1.0885 while the AUD/USD...
ASX 200, AUD/USD forecast ahead of the RBA decision
The S&P ASX 200 index is loitering at its all-time high ahead of the first Reserve Bank of Australia (RBA) decision of the year. It closed at A$7,525, a few points below its all-time high of A$7,6...
AUDUSD Weekly Forecast – Australian Dollar Wipes Out Last Week
AUD/USD Forecast Video for 06.02.23 Australian Dollar vs US Dollar Weekly Technical Analysis The Australian dollar initially tried to rally but ran into a lot of trouble near the 200-Week EMA, only to...
AUD/USD forecast ahead of the RBA rate decision
The AUD/USD price pulled back slightly ahead of the upcoming interest rate decision by the Reserve Bank of Australia (RBA). It slipped to a low of 0.6385, which was about 2% below the highest point la...
AUD/USD price forecast amid higher than expected inflation data
Overnight in Australia, traders eagerly awaited the monthly inflation data to be released. Inflation data worldwide matters because the market always tries to anticipate changes in the underlying tren...
AUD/USD slips down to 0.6300
The AUD/USD pair was last seen at 0.6300 following the prevailing risk in the global market. The three factors causing worry are:- The employment numbers are yet to be reported. The chance of the Fed ...
The AUD/USD currency pair is struggling and losing momentum
The week did not start well for the Australian Dollar, as the currency encountered a quick 1% dip. The fall did not stop as Wednesday witnessed the AUD/USD trading pair trailing at 0.6266. Several tra...
AUD/USD and Consumer Price Index: a Technical Analysis
The Asian-Pacific trade market is on a down roll at the moment. Wall Street and S&P 500 signaled a bearish trend at the end of the previous week. Opening the current week could be difficult unless...
AUD/USD forecast ahead of Australia jobs and US retail sales data
The Australian dollar (AUD/USD) plummeted to the lowest level in more than a week amid a persistent strong US dollar. It dropped to a low of 0.6700, which was about 3% below the highest point this wee...
AUD/USD Corrects Towards 0.69 Amidst Australia’s Employment Fall
During an Asian session on Thursday, the AUD/USD currency pair is burdened by yet another dismal employment report in addition to new worries over Taiwan. Despite this, the Australian currency pair is...
AUD/USD forecast: Aussie to retest 0.68 after RBA rate hike
The AUD/USD price tilted upwards on Monday as investors refocused on the upcoming interest rate decision by the Reserve Bank of Australia (RBA). The pair is trading at 0.6855, which is a few points ab...
AUD/USD Price Forecast – The Australian Dollar Continues to Attempt a Bounce
Australian Dollar vs US Dollar Technical Analysis The Australian dollar initially pulled back during the trading session on Thursday, as we have seen a lot of volatility and negativity out there. That...
AUD/USD price forecast after the RBA’s surprise rate hike
This week, one of the two central banks scheduled to release their monetary policy surprised markets with a bigger than expected rate hike. In Australia, the Reserve Bank of Australia (RBA) lifted the...
Is the AUD/USD a buy ahead of the RBA decision?
The AUD/USD price has been in a strong bearish trend in the past few days as investors wait for the upcoming RBA interest rate decision. It is trading at 0.7200, which is about 1.15% below the highest...
AUD/USD Forex Technical Analysis – Buyers Targeting .7245 – .7343 Retracement Zone
The Australian Dollar is edging higher early Monday on low volume as most of the major players sit on the sidelines ahead of the U.S. Memorial Day holiday. The move suggests investors are ready to ext...
AUD/USD Forex Technical Analysis – Bullish Traders Targeting .7245 – .7343 Retracement Zone
The Australian Dollar finished higher on Friday, powered by a combination of strong domestic retail sales data and U.S. data that eased fears over a possible recession fueled by a series of aggressive...
AUD/USD Price Forecast – Australian Dollar Continues to Drift Lower
Australian Dollar vs US Dollar Technical Analysis The Australian dollar has fallen somewhat hard during the Thursday session as we continue to see a lot of trouble in this market. The Aussie dollar is...
AUD/USD Price Forecast – Australian Dollar Gives Up Early Gains
Australian Dollar vs US Dollar Technical Analysis The Australian dollar initially tried to rally during the trading session on Tuesday but gave back gains as we broke above the 0.70 level. It is worth...
AUD/USD Faces Technical Level with Trade Data Due Today
The Australian Dollar races ahead against its peers, including the US Dollar, as MACD has made a bullish move further to rally the couple to its 100-day Simple Moving Average. Chair Jeremy Powell repo...
AUD/USD Focuses on China CPI at the Start of a Busy Week
The Asia-Pacific trading week begins with the Australian Dollar taking center stage. Eyes remain on China CPI figures, which will be published today at 1:30 GMT. AUD/USD hit a high in the previous wee...
Here’s why the AUD/USD popped after the RBA decision
The AUD/USD pair soared to the highest point since June 2021 after the latest interest rate decision by the Reserve Bank of Australia (RBA). The pair rose to a high of 0.7632, which is almost 10% abov...
3 forex pairs to trade this week: USD/TRY, AUD/USD, USD/INR
The forex market is expected to be a bit muted this week as investors reflect on the US non-farm payrolls (NFP) data and the ongoing crisis in Ukraine. Still, some currency pairs will be in the spotli...
AUD/USD Might Pause the Bull Run as APAC Conditions Deteriorate
The momentum enjoyed by the AUD/USD pair is experiencing some downtime in the market. The commodity currency gained much from the demand created by the ongoing global conflict in the last few weeks. I...
Trend Up but AUD/USD Ripe for Closing Price Reversal Top
The Australian Dollar finished slightly better on Friday after giving up most of its earlier gains. Nonetheless, the currency had banked enough gains throughout the week to post its second straight po...
AUD/USD signal as Australia trade surplus spikes
The Australian dollar (AUD/USD) is hovering near its highest level since January this year after the latest interest rate decision and positive economic data. It is trading at 0.7287, which is about 4...
Is the AUD/USD a buy or sell after the RBA interest rate decision?
The AUD/USD pair moved sideways on Tuesday morning as investors reacted to the latest interest rate decision by the Reserve Bank of Australia (RBA). It is trading at 0.7248, which is slightly below th...
AUD/USD Slips to 0.7150 with Escalation of the Russia-Ukraine Conflict
The AUD / USD index has shown negative growth by hovering around 0.7180, a 0.72% drop compared to the previous week’s trading. This can result from the market weakness surrounding Russia and Ukraine’s...
AUD/USD Rises Above SMA Amid a Fall in Oil Prices
A report highlighting three different points has to come to light. It deals with Australia adding more jobs and experiencing a rise in the participation rate as well. Another point that has been highl...
AUD/USD: Australian dollar bounces back after strong inflation data
The AUD/USD price tilted higher on Tuesday morning after the latest Australian consumer inflation data. The pair is trading at 0.7146, which is slightly above Monday’s low of 0.7090 ahead of the upcom...
AUD/USD forecast after the strong Australian jobs data
The AUD/USD tilted higher on Thursday morning after the latest Australian jobs data. The pair is trading at 0.7237, which was slightly higher than this week’s low of 0.7175. Australia jobs data The Au...
AUD/USD forecast after the strong China GDP data
The AUD/USD price tilted higher after the strong China GDP numbers. The pair is trading at 0.7200, which is about 0.15% above the lowest level last week. China GDP numbers Australia and China have a c...