Markets

AUD/USD (Australian Dollar to US Dollar) Forecast

0.7472
06:15:18(GMT)
0.0001
(0.01%)*Daily Change
James Hyerczyk
12 hours ago

AUD/USD Forex Technical Analysis – December 7, 2016 Forecast

The AUD/USD is under pressure on Wednesday. Traders are reacting to the extremely disappointing quarterly GDP report. It showed Australia’s economy contracted in the third quarter for the first time since 2011, as international trade and private capital formation detracted from growth. According to the National Statistics Bureau, Gross Domestic Product (GDP) declined at a … Continue reading AUD/USD Forex Technical Analysis – December 7, 2016 Forecast

Christopher Lewis
13 hours ago

AUD/USD Forecast December 7, 2016, Technical Analysis

The AUD/USD pair fell during the day on Tuesday, as we continue to see quite a bit of resistance near the 0.75 handle. A break down below the bottom of the candle should continue to send this market lower. I believe that the market will then reach towards the 0.73 handle. Pay attention to gold, … Continue reading AUD/USD Forecast December 7, 2016, Technical Analysis

James Hyerczyk
19 hours ago

AUD/USD and NZD/USD Fundamental Forecast – December 7, 2016

The Australian and New Zealand Dollars finished lower against the U.S. Dollar on Tuesday in a lackluster trade. The AUD/USD closed at .7459, down 0.0012 or -0.16%. The NZD/USD ended the session at .7119, down 0.0022 or -0.31%. The Aussie drifted sideways to lower most of the session in reaction to the Reserve Bank of … Continue reading AUD/USD and NZD/USD Fundamental Forecast – December 7, 2016

Anil Panchal
yesterday

Technical Overview: EUR/USD, USD/JPY, AUD/USD And USD/CAD

EUR/USD EUSDUSD’s bounce from 1.0500 may find it hard to clear resistance-line of a short-term descending trend-channel, around 1.0800 – 1.0805, signaling brighter chances of its pullback towards 1.0685. Even if the pair manages to surpass 1.0805, the 1.0850-60 horizontal-line and the 50-day SMA level of 1.0905 could limit its further upside. Given the quote … Continue reading Technical Overview: EUR/USD, USD/JPY, AUD/USD And USD/CAD

James Hyerczyk
yesterday

AUD/USD Forex Technical Analysis – December 6, 2016 Forecast

The AUD/USD is trading lower after the Reserve Bank of Australia kept its benchmark interest rate unchanged at 1.5% at its December meeting. The move was widely expected. The central bank justified its decision to hold rates steady by saying it had already eased monetary policies earlier in the year. In its monetary policy statement, … Continue reading AUD/USD Forex Technical Analysis – December 6, 2016 Forecast

Christopher Lewis
2 days ago

AUD/USD Forecast December 6, 2016, Technical Analysis

The AUD/USD pair fell slightly at the open on Monday, but turned around to reach into the previous resistance. The 0.75 level above should be massively resistive, and as a result I’m waiting to see whether or not we get an exhaustive candle. We also have the uptrend line that had previously been so supportive … Continue reading AUD/USD Forecast December 6, 2016, Technical Analysis

James Hyerczyk
2 days ago

AUD/USD and NZD/USD Fundamental Forecast – December 6, 2016

The Australian Dollar closed higher against the U.S. Dollar on Monday ahead of Tuesday’s Reserve Bank of Australia (RBA) interest rate announcement and economic outlook statement. The AUD/USD finished the session at .7471, up 0.0021 or +0.28%. The New Zealand Dollar also posted a modest gain with the NZD/USD closing at .7141, up 0.0007 or … Continue reading AUD/USD and NZD/USD Fundamental Forecast – December 6, 2016

James Hyerczyk
2 days ago

AUD/USD and NZD/USD Fundamental Analysis – Forecast for December 2016

The Australian and New Zealand Dollars closed lower in November against the U.S. Dollar. The AUD/USD finished the month at .7382, down 0.0226 or -2.97%. The NZD/USD closed at .7081, down 0.0068 or -0.95%. The price action was primary driven by rising U.S. Treasury yields and increasing odds for a Fed rate hike in December. … Continue reading AUD/USD and NZD/USD Fundamental Analysis – Forecast for December 2016

James Hyerczyk
2 days ago

AUD/USD Forex Technical Analysis – December 5, 2016 Forecast

The AUD/USD is trading steady early Monday. The market broke shortly after the opening, but buyers quickly came in to stop the price slide, taking the Forex pair only marginally higher before running into resistance. The volume is light and the range is inside Friday’s range. This suggests trader indecision and impending volatility. Traders can’t … Continue reading AUD/USD Forex Technical Analysis – December 5, 2016 Forecast

James Hyerczyk
3 days ago

AUD/USD and NZD/USD Fundamental Forecast – December 5, 2016

The Australian and New Zealand Dollars posted gains on Friday as investors reacted positively to the mixed U.S. Non-Farm Payrolls report. Portions of the jobs report came in weaker than expected, suggesting the labor market is not heating up as fast as previously indicated. Although this will not take a December rate hike off the … Continue reading AUD/USD and NZD/USD Fundamental Forecast – December 5, 2016

James Hyerczyk
3 days ago

AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of December 5, 2016

The Australian and New Zealand Dollars posted solid gains against the U.S. Dollar last week. The AUD/USD finished the week at .7450, up 0.0018 or +0.25%. The NZD/USD closed the week at .7134, up 0.0096 or +1.37%. The main drivers of the price action last week were domestic economic data, crude oil prices and U.S. … Continue reading AUD/USD and NZD/USD Fundamental Analysis – Forecast for the Week of December 5, 2016

Christopher Lewis
5 days ago

AUD/USD forecast for the week of December 5, 2016, Technical Analysis

The AUD/USD pair had a choppy week, forming a very neutral candle. We have recently broken down below a significant uptrend line, we have bounced back from there, and now have found ourselves a bit flat. Because of this, it looks as if we are going to continue to go lower and most certainly the … Continue reading AUD/USD forecast for the week of December 5, 2016, Technical Analysis

Christopher Lewis
5 days ago

AUD/USD Forecast December 5, 2016, Technical Analysis

The AUD/USD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so now it looks very choppy to say the least. The weekly candle of course is very neutral, so … Continue reading AUD/USD Forecast December 5, 2016, Technical Analysis

James Hyerczyk
5 days ago

AUD/USD and NZD/USD Fundamental Forecast – December 2, 2016

The AUD/USD and NZD/USD are trading flat ahead of Friday’s U.S. Non-Farm Payrolls report that could set the tone of the markets until the Federal Open Market Committee’s interest rate decision on December 14. The market is currently pricing in a 95% chance the Fed will raise rates at this meeting. With the December rate … Continue reading AUD/USD and NZD/USD Fundamental Forecast – December 2, 2016

Christopher Lewis
6 days ago

AUD/USD Forecast December 2, 2016, Technical Analysis

AUD/USD went back and forth during the Thursday session, so having said that it’s likely that the market will continue to be volatile in general. Ultimately, this is a market that tends to be greatly influenced by gold, and as a result of the market falling, I believe that the Australian dollar will do the … Continue reading AUD/USD Forecast December 2, 2016, Technical Analysis

James Hyerczyk
6 days ago

AUD/USD Forex Technical Analysis – December 1, 2016 Forecast

The AUD/USD plunged on Wednesday in reaction to higher U.S. Treasury yields. Yields were up as investors priced in the inflationary effects of higher crude oil prices after OPEC agreed to production cuts in order to reduce the global supply glut. Higher yields were also supported by stronger-than-expected private sector jobs data, and rising personal … Continue reading AUD/USD Forex Technical Analysis – December 1, 2016 Forecast

Christopher Lewis
7 days ago

AUD/USD Forecast December 1, 2016, Technical Analysis

The AUD/USD pair fell rather significantly during the day on Wednesday as the 0.75 level continues to offer quite a bit of resistance. It looks as if we are going to continue to go lower, but ultimately short-term rally should continue to be selling opportunities in a market that has obviously broken down. Ultimately, this … Continue reading AUD/USD Forecast December 1, 2016, Technical Analysis

James Hyerczyk
7 days ago

AUD/USD and NZD/USD Fundamental Forecast – December 1, 2016

The price surge by the U.S. Dollar on Wednesday helped drive the Australian and New Zealand Dollars sharply lower. The dollar rallied on the back of stronger-than-expected U.S. economic data and OPEC’s decision to cut crude production over the next six months to 32.5 million barrels per day. The combination of the economic news and … Continue reading AUD/USD and NZD/USD Fundamental Forecast – December 1, 2016

James Hyerczyk
7 days ago

AUD/USD and NZD/USD Fundamental Forecast – November 30, 2016

The Australian and New Zealand Dollars continued to post strong gains against the U.S. Dollar early Wednesday. Both currencies are being supported by the notion that the U.S. Dollar is overvalued. The New Zealand Dollar is showing strength despite the latest Reserve Bank of New Zealand Financial Stability report that continued to express concerns surrounding … Continue reading AUD/USD and NZD/USD Fundamental Forecast – November 30, 2016

Christopher Lewis
8 days ago

AUD/USD Forecast November 30, 2016, Technical Analysis

The AUD/USD pair fell during the Tuesday session, but found buyers below the 0.7450 level. We are testing the 0.75 handle, which I believe will be rather resistive. If we see gold markets bounce, then we will more than likely see the same thing here. On the other hand, if we can break down below … Continue reading AUD/USD Forecast November 30, 2016, Technical Analysis

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