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0.8691 0.002 (0.23%)
3:32:08 (GMT)
Bid 0.8691
Ask 0.8692
Open 0.8677
High 0.8701
Low 0.8675
 

Daily Technical Analysis

The AUD/USD soared on Friday after China’s central bank cut interest rates to lift a slowing economy. The Aussie rallied along with mining stocks despite comments from the Reserve Bank of Australia’s head of economic analysis Alexandra Heath. He said...
The AUD/USD pair tried to rally during the course of the day on Friday, but found far too much in the way of resistance above and turned back around to form a shooting star. With that, the market looks as...
The AUD/USD pair initially fell during the course of the day on Thursday, testing the 0.86 handle. Because of that, we do forming a little bit of a hammer like candle and it suggests to us that we may bounce...
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Weekly Technical Analysis

The AUD/USD pair initially fell during the course of the week, but then ultimately bounce slightly. That being the case, the market looks as if it is trying to find support just below at the 0.85 handle. At this moment...
The AUD/USD pair initially dipped during the course of the week, but then bounced enough to form a hammer yet again. This is the second week in a row we have seen is, so it appears of this market is...
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Daily Fundamental Analysis

Analysis and Recommendation: The AUD/USD added 20 cents as the US dollar eased as traders sold off the greenback after touching a record high. The Aussie is trading at 0.8639. The unit had a small move upwards in late morning...
Analysis and Recommendation: The AUD/USD touched a record low trading at 0.8588 after Chinese manufacturing data printed lower than expected moving towards contraction and iron ore prices tumbled. The Australian dollar eased against the greenback on the news, trading at...
Analysis and Recommendation: The AUD/USD eased by 49 points give up weekly gains as the US dollar recovered in the morning session. The Aussie is trading at 0.8670. Problems from Japan weigh on the Aussie. Japan's Abe confirmed widespread speculation...
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Weekly Fundamental Analysis

Weekly Analysis and Recommendation: The AUD/USD recovered late in the...
Weekly Analysis and Recommendation: The AUD/USD gained 42 points at...
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More AUD/USD Report

 
Although US data continued on a strong note on Thursday the US dollar traded lower by 0.1%. Upbeat market sentiments which led to decline in demand for the low yielding currency capped sharp upside in the DX. The currency touched an intra-day high of 88.01 and closed...
The AUD/USD weakened early in the session on Thursday as sellers followed through following Wednesday’s release of the latest Fed minutes. Falling iron ore prices also weighed on the Aussies as well as the U.S. consumer inflation data. Buyers came in at .8565 as the market approached...
Late on Wednesday traders were glued to the news headlines waiting for the release of the US Federal Reserve minutes from the late October meeting. The Feds closed out the monetary stimulus program at that meeting as expected. The statement and decision were rather hawkish at that...