Australian dollar

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Australian Dollar Short-term Outlook: AUD/USD Coils into Support

Australian Dollar is poised for a breakout with AUD/USD coiling just above support near the yearly lows. Battle lines drawn on the Aussie short-term technical charts.

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AUD/USD Approaches November Low with Australia GDP on Tap

AUD/USD approaches the November low (0.6434) as it gives back a three-day rally.

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By : David Song
December 2, 2024 11:15 AM
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Australian Dollar Technical Forecast: AUD/USD Bulls Vulnerable

Australian Dollar snapped back to a key pivot zone and the rebound remains vulnerable into the monthly close. Battle lines drawn on the AUD/USD weekly technical chart.

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Australian Dollar Short-term Outlook: AUD/USD Bears Go for the Break

Australian Dollar plunged 2.5% off the post-election high with Aussie now threatening a multi-month uptrend. Battle lines drawn on the AUD/USD technical charts.

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Australian Dollar Technical Forecast: AUD/USD Bulls Emerge Ahead of Fed

Australian Dollar is poised to mark a fourth-weekly decline with AUD/USD plummeting more than 4.5% off the yearly high. Battle lines drawn on the weekly technical chart.

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Reserve Bank of Australia (RBA) Rate Decision Preview (NOV 2024)

The Reserve Bank of Australia (RBA0 is expected to keep the cash rate at 4.35% for eight straight meetings.

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By : David Song
November 4, 2024 12:00 PM
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Australian Dollar Short-term Outlook: AUD/USD Bears Charge 6600

Australian Dollar plunged nearly 5% off the yearly high with a four-week decline approaching pivotal support. Battle lines drawn on the AUD/USD short-term technical charts.

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Australian Dollar Technical Forecast: AUD/USD Plunges for Fourth Week

Australian Dollar is poised to mark a fourth-weekly decline with AUD/USD plummeting more than 4.5% off the yearly high. Battle lines drawn on the weekly technical chart.

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Australian Dollar Short-term Outlook: AUD/USD Vulnerable Sub-6800

Australian Dollar reversed sharply off resistance last week with AUD/USD plunging nearly 3.3% - Support in view. Battle lines drawn on the short-term technical charts.

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Australian Dollar Technical Forecast: AUD/USD Bulls Relent at Resistance

Australian Dollar is at risk of snapping a three-week rally with AUD/USD struggling into resistance at yearly highs. Battle lines drawn on the weekly technical chart.

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Australian Dollar Short-term Outlook: AUD/USD Reversal off Resistance

Australian Dollar reversed sharply off major resistance today with AUD/USD now approaching pivotal support. Battle lines drawn on the short-term technical charts.

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AUD monthly outlook: February 2024

AUD/USD suffered its worst month in 11 in January, after traders scaled back bets of several Fed cuts this year which helped the US dollar rally and force AUD/USD -3.5% lower for the month. The focus now shifts to next week's RBA meeting.

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January 31, 2024 10:27 PM
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Australian Dollar Technical Analysis: AUD/USD Slammed to the 200-Day Moving Average

AUD/USD was flying high in late-2023 trade, and price has pulled back aggressively to start 2024. AUD/USD is now re-testing the 200-day moving average as support.

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AUD monthly wrap: December 2023

AUD/USD was the strongest performer among the Aussie pairs we track in November. A combination of hawkish RBA alongside bets of Fed cuts in 2024 played nicely with our long bias. What will December bring?

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November 30, 2023 10:59 PM
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Australian Dollar Short-term Outlook: AUD/USD Plunges Back Down Under

Australian Dollar plunged back below the 2023 yearly open this week with AUD/USD now searching support. The levels that matter on the Aussie short-term technical charts.

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Australian Dollar Forecast: AUD/USD Rips into Make-or-Break Resistance

Australian Dollar rallied more than 3.8% off the yearly low with a two-week advance now testing critical resistance. The levels that matter on the AUD/USD weekly chart.

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Australian Dollar Short-term Outlook: AUD/USD Moment of Truth at Support

Australian Dollar plunged into major support at the yearly lows today- moment of truth for the bears. The levels that matter on the AUD/USD short-term technical charts.

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Australian Dollar technical forecast: AUD/USD turns at trend resistance

Australian Dollar plunged nearly 1.8% off the monthly high with AUD/USD turning from technical downtrend resistance. The levels that matter on the Aussie weekly chart.

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Australian Dollar short-term outlook: AUD/USD bears emerge

Australian Dollar is testing uptrend support today and is threatening a deeper correction in the Aussie. Levels that matter on the AUD/USD short-term technical charts.

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Australian Dollar technical forecast: AUD/USD eyes trend resistance

Australian Dollar surged nearly 3.7% off the yearly lows with Aussie now eyeing key technical resistance. The levels that matter on the AUD/USD weekly chart.

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The RBA hike by 25bp – but are they one step closer to discussing a pause?

An initial glance at RBA's statement suggests they are nearing the end of the tightening cycle, and perhaps one step closer to publicly discussing a pause.

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