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0.8756 -0.0008 (-0.09%)
2:00:11 (GMT)
Bid 0.8756
Ask 0.8756
Open 0.8773
High 0.8777
Low 0.8749
 

Daily Technical Analysis

The AUD/USD pair fell during the course of the day on Tuesday, showing the 0.88 level as being resistive. Because of this, we recognize that the sellers may step back in, and if we break down below the bottom of...
After consolidating for several days inside of triangle chart pattern and straddling a short-term pivot, the AUD/USD finally broke out to the upside. The catalyst behind the move was better-than-expected data from China. The inability to follow-through to the upside...
The AUD/USD pair did almost nothing during the session on Monday, testing the 0.88 level above for resistance. The market looks very stagnant at this point in time, and the fact that we can’t really make any move in one...
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Weekly Technical Analysis

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...
The AUD/USD pair initially tried to rally during the course of the week, but gave back all of the gains in order to form a massive shooting star. The shooting star sits right on the top of massive support, so...
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Daily Fundamental Analysis

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...
Analysis and Recommendation: The AUD/USD gained 20 points to trade at 0.8804 after the release of Chinese data and RBA minutes.  Gross domestic product rose 7.3 percent in the July-September period from a year earlier, the statistics bureau said today...
Analysis and Recommendation: The AUD/USD gained 38 points against a weakening US dollar as traders returned on Monday morning. There was little else to look at in the Asian session as traders wait for Chinese GDP numbers. The stimulus package...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD remains weak as metals...
Weekly Analysis and Recommendation: The AUD/USD tumbled steadily all week...
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More AUD/USD Report

 
Tuesday markets and Asian currencies reacted to data from China which showed that China's economic growth slowed in the third quarter to its weakest since the 2008 global financial crisis as a slumping property market dragged on manufacturing and investment, adding to concerns about flagging global growth...
On the surface Chinese data this morning was positive, better than expected allowing traders and economists to breathe a sigh of relief. Asian shares climbed this in early trading as investors took solace from data showing the Chinese economy grew slightly more than expected in the third...
The AUD/USD posted another inside move on Monday, indicating trader indecision and impending volatility. Traders are probably waiting for the release of the economic data from China later today before making a move. Technically, the market is trading inside a triangle chart pattern which is always indicative...