Select Your Broker and Start Trading!   Best Brokers 2014

0.9297 0.0011 (0.12%)
1:23:16 (GMT)
Bid 0.9296
Ask 0.9297
Open 0.9286
High 0.9301
Low 0.9282
 

Daily Technical Analysis

The AUD/USD fell sharply on Wednesday to its lowest level in two weeks amid softer-than-expected inflation data and weak Chinese manufacturing activity for the fourth-straight month. The annual rate of inflation rose to 2.9 percent for the first-quarter this year...
The AUD/USD pair rose during the session on Tuesday, breaking the top of the hammer that had formed on Monday. That signifies that we are going higher in our opinion, and as a result we started buying the Aussie dollar...
Pent up demand and low volatility tied to the extended Easter bank holiday helped drive the AUD/USD higher on Tuesday. Speculative buying and short-covering also contributed to the move as traders increased long bets ahead of Australian first-quarter inflation data...
More AUD/USD Daily Technical Analysis

Weekly Technical Analysis

The AUD/USD pair initially tried to rally during the session on the balance of the week, but fell hard and then ended up with a negative candle. Because of this it appears of the markets going to head back towards...
The AUD/USD pair broke higher during the week, breaking above the top of the hammer that informed the previous week. With that, the market is bullish, and we begin to start looking for the 0.95 handle. That being the case...
More AUD/USD Weekly Technical Analysis

Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD took a major fall this morning giving up 80 points after quarterly CPI missed expectations and Chinese HSBC PMI reported under expectations. The Aussie is trading at 0.9286. The price of consumer goods and services...
Analysis and Recommendation: The AUD/USD gained 20 points after taking a big fall over the weekend as the greenback continued to gain strength. The AUD is trading at 0.9348 after trading as high as 0.95 just a week ago. The...
The AUD/USD saw some volatility on Monday. Thin holiday trading conditions may have had something to do with the two-sided trade. Traders could be positioning themselves ahead of the CB Leading Index report, or the most important quarter-to-quarter CPI data...
More AUD/USD Daily Forecasts

Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD ended the week at...
Weekly Analysis and Recommendation: The AUD/USD  closed the week above...
More AUD/USD Weekly Forecasts

More AUD/USD Report

 
Economic data is the focus of the markets this morning with Chinese HSBC manufacturing PMI missing expectations and Australian CPI printing below expectations. The HSBC/Markit flash Purchasing Managers Index (PMI), which measures China’s factory activity, rose to 48.3 points in April from 48 points in March. But...
June U.S. Dollar Index futures are called lower after an early rally failed, leading to heavy selling pressure. The main trend is up on the daily chart, but the lack of follow-through to the upside is beginning to cause some concern because it looks like investors aren’t...
The dollar gained to 102.67 yen Tuesday morning after climbing to 102.50 in Tokyo trading on Monday on buying prompted by worse-than-expected Japanese trade data for March, although weakening stocks trimmed its gains. Many global markets were closed for the Easter Monday holiday. The Japanese trade deficit...