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0.7823 -0.0071 (-0.89%)
21:54:54 (GMT)
Bid 0.7811
Ask 0.7834
Open 0.7892
High 0.7932
Low 0.7810
 

Daily Technical Analysis

The AUD/USD pair fell hard during the session on Friday, but as you can see the 0.75 level continues to offer a bit of support as it had previously. With this, we believe that the market is going to be...
The AUD/USD closed higher on Thursday for the first time since May 13. There was no follow-through to the downside after four days of lower-lows and the Forex pair posted an inside move. The price action could be an indication...
The AUD/USD pair went back and forth during the course of the day on Thursday, as the market continues to struggle right around the 0.79 handle. With that, we believe that the market will continue to find volatility here, and...
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Weekly Technical Analysis

The AUD/USD pair tried to break out during the course of the week, and did actually close above the 0.80 handle. This is reason enough to start going long in our opinion, as we believe the market will ultimately continue...
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Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD gained 28 points to trade at 0.7922 as the US dollar eased as markets hoped for the announcement of new stimulus from China. Otherwise markets are relatively quiet.  Investors were waiting Fed Chair Janet Yellen's...
Analysis and Recommendation: The AUD/USD added 19 points showing little reaction to disappointing Chinese manufacturing data. On the contrary traders are now hoping the Chinese will add additional stimulus. The pair is at 0.7893.  China’s manufacturing sector contracted for a...
Analysis and Recommendation: The AUD/USD gained 10 points to trade above the 79 price level but was unable to break back above the 80 level seen last week. The US dollar continued to rally gaining to 95.41 in the early...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD tumbled 44 points on...
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More AUD/USD Report

 
The market opened flat with a negative bias as suggested by the Nikkei and Hang Sang. Asian stocks gained following lead positive data from China and Japan. Yesterday US stocks continue to scale record highs supported by a strong bullish trend despite mixed data. On Thursday the...
The AUD/USD pair broke down during the course of the session on Wednesday, testing the 0.79 handle. This is an area where we would anticipate seeing a bit of support, and therefore we are not interested in selling. We believe that sooner or later the buyers will...
The AUD/USD sold-off early in the session, but was able to find support shortly after the release of the latest Fed minutes. The Aussie firmed on Thursday after the minutes indicated its key interest rate would remain unchanged for some months. Fed officials said in the most...