Markets

AUD/USD (Australian Dollar to US Dollar) Forecast

0.7567
05:41:39(GMT)
0.0002
(0.03%)*Daily Change
Christopher Lewis
4 hours ago

AUD/USD Forecast January 20, 2017, Technical Analysis

The Australian dollar rallied on Thursday, showing that the 0.75 level as support. As we continue to grind back and forth just above the 0.75 level again as we see so much in the way of volatility and decision-making. I believe that we’re trying to build up enough momentum to go higher, but if we … Continue reading AUD/USD Forecast January 20, 2017, Technical Analysis

James Hyerczyk
17 hours ago

AUD/USD Forex Technical Analysis – January 19, 2017 Forecast

The AUD/USD is trading higher and at its highest level since November 15. Traders are reacting to Australian labor market data. Earlier in the session, it was reported that the Employment Change report showed the economy added 13.5K jobs in December. This was above the 10.2k estimate. The Unemployment Rate from 5.7% to 5.8%. Technical … Continue reading AUD/USD Forex Technical Analysis – January 19, 2017 Forecast

Christopher Lewis
yesterday

AUD/USD Forecast January 19, 2017, Technical Analysis

The Australian dollar fell initially on Wednesday, but found enough support to turn around and formed a hammer. If we can break above the top of the hammer, I believe that the market will continue to go higher. The attention to gold, it looks as if it is trying to break out, and that of … Continue reading AUD/USD Forecast January 19, 2017, Technical Analysis

James Hyerczyk
yesterday

AUD/USD and NZD/USD Fundamental Forecast – January 19, 2017

The Australian and New Zealand Dollars retreated on Wednesday against the U.S. Dollar in response to solid consumer inflation data and hawkish comments from Fed Chair Janet Yellen. The AUD/USD finished at .7504, down 0.0061 or -0.81% and the NZD/USD closed at .7122, down 0.0094 or -1.30%. The dollar firmed early in the session in … Continue reading AUD/USD and NZD/USD Fundamental Forecast – January 19, 2017

Anil Panchal
2 days ago

Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

EUR/USD While short-term ascending trend-channel indicates additional upside of the EURUSD, pair’s inability to surpass 1.0700 signal brighter chances of its pullback to 1.0630 nearby support. However, 50-day SMA figure of 1.0590 and the 23.6% Fibonacci Retracement of its August 2016 – January 2017 dip, at 1.0580, become important supports for traders to watch if … Continue reading Technical Outlook of EUR/USD, GBP/USD, USD/JPY And AUD/USD: 18.01.2017

James Hyerczyk
2 days ago

AUD/USD Forex Technical Analysis – January 18, 2017 Forecast

The AUD/USD is trading slightly lower on limited volume shortly before the U.S. session. The range is tight and there was no follow-through to the upside following yesterday’s close on the high. The chart pattern suggests investor indecision and impending volatility. Although the negative effects of Trump’s comments about the U.S. Dollar being “too strong” … Continue reading AUD/USD Forex Technical Analysis – January 18, 2017 Forecast

Christopher Lewis
2 days ago

AUD/USD Forecast January 18, 2017, Technical Analysis

The AUD/USD pair broke out above the 0.75 handle during the day on Tuesday, showing signs of it going higher. Because of this, and the gold market pressing higher, it’s very likely that the market will then reached higher levels, perhaps the 0.7650 handle. Alternately, if we turn around and fall below the 0.75 level, … Continue reading AUD/USD Forecast January 18, 2017, Technical Analysis

James Hyerczyk
2 days ago

AUD/USD and NZD/USD Fundamental Forecast – January 18, 2017

The Australian and New Zealand Dollars soared against the U.S. Dollar after the Greenback plunged in reaction to negative comments from President-elect Donald Trump. He told the Wall Street Journal that the dollar was “too strong”. The AUD/USD finished at .7566, up 0.0090 or +1.20%. The NZD/USD closed the session at .7216, up 0.0114 or … Continue reading AUD/USD and NZD/USD Fundamental Forecast – January 18, 2017

James Hyerczyk
3 days ago

AUD/USD Forex Technical Analysis – January 17, 2017 Forecast

The AUD/USD is surging to the upside shortly after the U.S. Forex opening. A weaker dollar is driving the Aussie higher today. The Greenback plunged after President-elect Donald Trump said the U.S. is losing its competitiveness because the dollar is “too strong”. Technical Analysis The main trend is up according to the daily swing chart. … Continue reading AUD/USD Forex Technical Analysis – January 17, 2017 Forecast

James Hyerczyk
3 days ago

AUD/USD and NZD/USD Fundamental Forecast – January 17, 2017

The Australian and New Zealand Dollars softened on Monday on increased risk aversion ahead of a key speech on the U.K.’s plan to leave the European Union. Concerns were strong enough to overcome further strength in commodity prices. The AUD/USD closed the session at .7476, down 0.0022 or -0.29%. The NZD/USD ended the session at … Continue reading AUD/USD and NZD/USD Fundamental Forecast – January 17, 2017

Christopher Lewis
3 days ago

AUD/USD Forecast January 17, 2017, Technical Analysis

The AUD/USD pair had a volatile session on Monday, reaching towards the 0.75 level above. This is an area that is resistive, and until we can break above there and it close on a daily chart above it, I have no interest in buying. A breakdown below the bottom of a hammer from the front … Continue reading AUD/USD Forecast January 17, 2017, Technical Analysis

James Hyerczyk
4 days ago

AUD/USD Forex Technical Analysis – January 16, 2017 Forecast

The AUD/USD is trading lower shortly before the start of the U.S. trading session. Today is a U.S. bank holiday so volume and volatility may be lower than average. However, you still have to be aware of the possibility of a volatility spike. Technical Analysis The main trend is down according to the daily swing … Continue reading AUD/USD Forex Technical Analysis – January 16, 2017 Forecast

James Hyerczyk
4 days ago

AUD/USD and NZD/USD Fundamental Forecast – January 16, 2017

The Australian and New Zealand Dollars posted inside moves on Friday, but still managed to close higher for the session. The chart pattern suggest investor indecision and impending volatility. The AUD/USD closed at .7498, up 0.0014 or +0.18%. The NZD/USD finished the week at .7125, up 0.0023 or +0.33%. Both currencies finished surprisingly well, given … Continue reading AUD/USD and NZD/USD Fundamental Forecast – January 16, 2017

James Hyerczyk
5 days ago

AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of January 16, 2017

The Australian and New Zealand Dollars posted solid gains last week, helping both currencies to become top performers so far this year. The primary driver of their strength last week was the weaker U.S. Dollar, but higher commodity prices have also helped underpin the currencies. The AUD/USD finished the week at .7498, up 0.0204 or … Continue reading AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of January 16, 2017

Christopher Lewis
6 days ago

AUD/USD forecast for the week of January 16, 2017, Technical Analysis

The Australian dollar rally during the week, slamming into the 0.75 handle. We struggled to get above there, so now it’s going to be interesting to see where we go next. There was an uptrend line previously that would coincide with a move towards the 0.77 handle if we break out to the upside. I … Continue reading AUD/USD forecast for the week of January 16, 2017, Technical Analysis

Christopher Lewis
6 days ago

AUD/USD Forecast January 16, 2017, Technical Analysis

The Australian dollar went back and forth during the day on Friday, as we continue to bang up against the 0.75 level. This is an area that will be resistive as it has been in the past, but ultimately, we are overextended as well. Because of this, if we can break down below the bottom … Continue reading AUD/USD Forecast January 16, 2017, Technical Analysis

James Hyerczyk
7 days ago

AUD/USD Forex Technical Analysis – January 13, 2017 Forecast

The AUD/USD is trading higher at the mid-session. The market is posting an inside move which suggests investor indecision and impending volatility. Traders are likely to hold the market in a range until the release of today’s U.S. economic reports. Retail Sales and PPI are scheduled for 1330 GMT and Consumer Sentiment at 1500 GMT. … Continue reading AUD/USD Forex Technical Analysis – January 13, 2017 Forecast

Christopher Lewis
7 days ago

AUD/USD Forecast January 13, 2017, Technical Analysis

The AUD/USD pair rallied during the day on Thursday, testing the 0.75 level. That’s an area that I believe should be rather resistive, so if we can break above the top of the range for the session on Thursday, the market should continue to go much higher. Alternately though, if we form an exhaustive candle … Continue reading AUD/USD Forecast January 13, 2017, Technical Analysis

James Hyerczyk
7 days ago

AUD/USD and NZD/USD Fundamental Forecast – January 13, 2017

The Australian and New Zealand Dollars posted strong gains on Thursday in a move not driven by their strength but rather the U.S. Dollar weakness. The catalyst behind the weakness was another decline in U.S. bond yields. The AUD/USD closed at .7484, up 0.0043 or +0.58% and the NZD/USD ended the session at .7102, up … Continue reading AUD/USD and NZD/USD Fundamental Forecast – January 13, 2017

James Hyerczyk
8 days ago

AUD/USD Forex Technical Analysis – January 12, 2017 Forecast

The AUD/USD is trading sharply higher at the mid-session as investors continue to react to President-elect Donald Trump’s first press conference since November on Wednesday. The Aussie is being supported by buyers who pared back their enthusiasm and hopes the soon-to-be-President would deliver his plans to supercharge the nation’s economic growth. Since early November, investors … Continue reading AUD/USD Forex Technical Analysis – January 12, 2017 Forecast

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