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0.8787 0.0028 (0.31%)
21:43:03 (GMT)
Bid 0.8786
Ask 0.8788
Open 0.8760
High 0.8824
Low 0.8718
 

Daily Technical Analysis

The AUD/USD pair rose during the course of the session on Friday, testing the 0.88 level. This level has offered resistance previously, and as a result we think it’s only a matter of time before the sellers step in and...
The AUD/USD pair tried to rally during the course of the day on Thursday, but found the 0.88 level be far too resistive and therefore turned back around and form a shooting star. That shooting star of course is very...
Although the AUD/USD closed lower on Thursday, the price action can best be described as sideways. Not only did the market post an inside day, but it also straddled a short-term pivot for the eighth consecutive day. This typically indicates...
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Weekly Technical Analysis

The AUD/USD pair went back and forth during the course of the week, testing the 0.88 level yet again. This area continues to offer resistance though, so as a result it’s very likely that even if we go higher, this...
The AUD/USD pair tried to rally during the course of the week, but for the third week in a row struggle to stay above the 0.88 level. Because of that, the market looks as if it is going to fall...
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Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD eased by 16 points to trade at 0.8744 as traders continue to worry about the global economy. The Australian dollar followed the NZ currency lower on Thursday following the release of weaker-than-expected inflation figures. Statistics New...
Analysis and Recommendation: The AUD/USD is in the red at 0.8759 down by 5 points after Governor Stevens talked down the currency and economy. The stronger NAB business confidence report limited the drop. The Chinese HSBC PMI manufacturing data was...
Analysis and Recommendation: The AUD/USD gained 17 points after the release of 3rd quarter inflation which climbed higher than expected but well within expected levels. Inflation rose to 0.5% against expectations of 0.4%.  This morning data showed that Australian CPI...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD gained 31 points to...
Weekly Analysis and Recommendation: The AUD/USD remains weak as metals...
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More AUD/USD Report

 
There was a good deal of data in the Asian session starting with Chinese HSBC PMI data which surprisingly had little effect on the overall markets. The closely-watched HSBC's China flash Purchasing Managers' Index (PMI) inched up to 50.4 from a final reading of 50.2 in September...
The AUD/USD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down. With that, it appears of the market should continue to grind lower, although we would...
Despite trading on the bullish side of a long-term downtrending angle from the .9401 for the second consecutive day, the AUD/USD failed to attract any buyers on Wednesday, leading to a slightly lower close. Traders looked a little indecisive, judging from the way the market straddled an...