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0.7838 0.0073 (0.94%)
18:09:55 (GMT)
Bid 0.7837
Ask 0.7840
Open 0.7759
High 0.7846
Low 0.7751
 

Daily Technical Analysis

The AUD/USD pair went back and forth during the session on Monday, essentially doing nothing. Because of this, we feel that the AUD/USD pair is essentially one that we aren’t interested in, but do recognize that if we can break...
The AUD/USD traded lower on Monday ahead of Tuesday’s interest rate decision by the Reserve Bank of Australia. Late last week, the odds of a rate cut moved from 38% to 50%. Initially, the Forex pair rallied on better-than-expected Chinese...
The AUD/USD posted a small gain on Friday after the previous day’s big sell-off. The move represents position-squaring ahead of Tuesday’s major Reserve Bank of Australia’s monetary policy meeting. Weaker-than-expected U.S. GDP news also helped underpin the market. Late last...
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Weekly Technical Analysis

The AUD/USD pair went back and forth during the course of the week, ultimately hanging about the 0.78 level. With that, this is a market that doesn’t look like it’s ready to do much in the way of larger moves...
The AUD/USD pair initially fell during the course of the week but turned back around and form a hammer. That being the case, the market looks as if it is ready to bounce from here, but we recognize that the...
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Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD climbed 60 points as Glenn Stevens shocked investors by holding interest rates when most expected a price decline of 25bps. The AUD is trading at 0.7814. The RBA cut borrowing costs by a quarter-percentage point...
Analysis and Recommendation: The AUD/USD is down 34 points taking cues from the kiwi to trade at 0.7774 remaining well below the 78 range. Traders are watching closely moves on Tuesday by the RBA which is expected to cut rates...
Analysis and Recommendation: The AUD/USD dipped 9 points against US dollar to trade at 0.7795. The continued decline in Iron Ore prices weighed heavily on the Aussie. Private sector investment met expectations. The Australian dollar has given up all of...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD broke the 78 level...
Weekly Analysis and Recommendation: The AUD/USD recovered this week but...
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More AUD/USD Report

 
The Reserve Bank of Australia this morning surprised investors by holding rates and policy, but left the door open to future rate decreases. The Aussie soared to trade at 0.7826 gaining 62 points on the news.  Glenn Steven’s said that on the currency, the RBA remains of...
March madness kicks off with the US dollar on a tear, rallying 15 points in the Asian session. The US dollar is trading at 95.44. The dollar hit an 11-year high against a basket of major currencies on this morning, with the greenback gaining a broad lift...
The AUD/USD reached its lowest level since May 2009 last month when it traded .7625. The move was primarily generated by the Reserve Bank of Australia’s interest rate cut. Traders reacted to the news as if it had already been priced into the market. The subsequent rally...