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0.8773 0.0043 (0.49%)
10:16:20 (GMT)
Bid 0.8772
Ask 0.8773
Open 0.8734
High 0.8816
Low 0.8729
 

Daily Technical Analysis

The AUD/USD pair rose during the course of the day on Wednesday, showing that the market is ready to continue consolidating in this area. We see the 0.88 level above as being resistive, so we feel that any short-term rallies...
Buyers came in on Wednesday as the AUD/USD approached the January 24 bottom at .8659, triggering a rebound rally after testing .8662. The rally into the close was impressive, but the market failed to close higher for the session. It...
The AUD/USD pair initially fell during the course of the day on Tuesday, but found enough support below to turn things back around and form a hammer. The hammer of course is a positive sign, and as a result we...
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Weekly Technical Analysis

The AUD/USD pair fell directly at the open of the week in just continued lower. We managed to break down below the 0.88 level, which of course is a very negative sign. We believe that the 0.87 level below is...
Support for the AUD/USD continued to erode last week, putting the market in a position to challenge the low for the year at .8659. The closer the U.S. Federal Reserve gets to raising interest rates, the further the Australian Dollar...
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Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD gained 56 points to trade at 0.8789 as the commodity currencies recovered after the end of the month declines. Building permits printed above expectations showing a recovery in the housing market. The fall yesterday came...
Analysis and Recommendation: The AUD/USD took a dive this morning giving up 66 points as we move into the new month. The AUD has touched a long term low of 0.8682. The collapse started with a lackluster release of Chinese...
Analysis and Recommendation: The AUD/USD added 24 points as the US dollar eased and protests in Hong Kong continue but without government intervention. The AUD is trading at 0.8744. Asian markets were in hesitant mood on as investors wondered what...
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Weekly Fundamental Analysis

The AUD/USD finished the week lower. The selling pressure started...
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More AUD/USD Report

 
Global currencies were generally stronger against the greenback over the European and US sessions on Wednesday. The euro rose from lows near $1.2585 to highs near $1.2635, ending US trade near the $1.2615. The Australian dollar rose from lows near 0.8685 to highs around 0.8745 before ending...
Outlook and Recommendation The AUD/USD closed the month dealing with some unfavorable data as well as harsh words from the Reserve Bank of Australia. The Aussie closed the month at 0.8748. But the employment figures on Friday will be crucial to cementing that optimism after US consumer confidence...
The third quarter is officially over and the new month is underway with Asian currencies facing threats from every corner. Iron ore prices continue to decline in Australia with retail sales hitting the wall. Japanese industrial production remains weak and the monthly Tankan index was mixed. Chinese...