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0.8756 -0.0008 (-0.09%)
18:14:11 (GMT)
Bid 0.8755
Ask 0.8756
Open 0.8773
High 0.8806
Low 0.8749
 

Daily Technical Analysis

The AUD/USD pair tried to break out above the 0.88 level yet again, but on Wednesday found the sellers more than willing and up to the task of keeping the markets down. With that, it appears of the market should...
Despite trading on the bullish side of a long-term downtrending angle from the .9401 for the second consecutive day, the AUD/USD failed to attract any buyers on Wednesday, leading to a slightly lower close. Traders looked a little indecisive, judging...
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...
More AUD/USD Daily Technical Analysis

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 is in the red at 0.8759 down by 5 points after Governor Stevens talked down the currency and economy. The stronger NAB business confidence report limited the drop. The Chinese HSBC PMI manufacturing data was...
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...
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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

 
There was a good deal of data in the Asian session starting with Chinese HSBC PMI data which surprisingly had little effect on the overall markets. The closely-watched HSBC's China flash Purchasing Managers' Index (PMI) inched up to 50.4 from a final reading of 50.2 in September...
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...
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 following the breakout indicates that the rally...