Select Your Broker and Start Trading!   Best Brokers 2015

0.7273 -0.0004 (-0.05%)
23:18:32 (GMT)
Bid 0.7272
Ask 0.7273
Open 0.7275
High 0.7281
Low 0.7273
 

Daily Technical Analysis

After reaching a new low for the year, the AUD/USD rebounded on Friday to produce a potentially bullish closing price reversal bottom. Right now, we are treating this as a rally in a bear market since the main trend is...
The AUD/USD pair went back and forth during the course of the session on Friday, at one point in time breaking down to a fresh, new low. With that, if we break down below the bottom of the range, we...
The AUD/USD pair initially fell during the course of the session on Thursday, but found enough support near the 0.7250 level again to cause a bounce and form a hammer. This hammer of course suggests that we are going to...
More AUD/USD Daily Technical Analysis

Weekly Technical Analysis

The AUD/USD pair went back and forth during the course of the week, essentially forming a fairly neutral candle. The 0.75 level above should be resistive though, so having said that, we are looking for selling opportunities above. We believe...
The AUD/USD pair initially tried to rally during the course of the week, but found enough resistance near the 0.75 level to turn things back around and start falling rapidly. The gold markets of course have been breaking down and...
More AUD/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD dipped 5 points after weak Chinese manufacturing data weighed on the currency. The AUD is trading at 0.7303 recovering a few points after the currency fell below 0.7300. Pressure is unlikely to ease early this...
Analysis and Recommendation: The AUD/USD fell to its lowest level in years before rebounding this morning to trade at 0.7304. The Australian dollar has briefly slumped to another six-year low after the US dollar rallied on economic data. The Australian...
Analysis and Recommendation: The AUD/USD gained 13 points to trade at 0.7309 after a rash of weak imports and export data and a decline in building approvals. A speech by RBA Governor seemed to offer support to the currency. The...
More AUD/USD Daily Forecasts

Weekly Fundamental Analysis

Weekly Analysis and Recommendation:  The AUD/USD ended the week with...
Weekly Analysis and Recommendations:   The AUD/USD fell to a fresh...
More AUD/USD Weekly Forecasts

More AUD/USD Report

 
Once again Chinese PMI data disappointed the markets and sent currencies and commodities searching for bottoms. Commodities from copper to crude oil tumbled. The Australian and New Zealand dollar broke support levels and the Japanese yen weakened. Asian equity markets are all trading in the red as...
Outlook and Recommendation The AUD/USD added 16 points but remains near a 6 year low at the end of the month.  The Aussie is trading at 0.7308. Monetary conditions are set to remain accommodative over the coming quarters with the benchmark interest rate set at the record low...
The AUD/USD begins August with a strong downside bias. The main trend is down according to the monthly swing chart. The downtrend was reaffirmed when the main bottom at .7532 was taken out. The new main top is .8162. The trend will turn up on a trade...