Tag Archives: Australian dollar

AUD/USD Settles Around 0.9260

AUD/USD For Wednesday, May 28, 2014 Over the last 24 hours, the¬†Australian dollar has been able to rally a little higher and move up to a short term resistance level around 0.9270 before just easing back a little. It has … Continue reading

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AUD/USD: Key Level Once Again At 0.77

AUD/USD for Friday, March 20, 2015 The Australian dollar has been on quite a journey the last couple of days surging higher back through the key 0.77 level but only to run into the previously well established resistance level at … Continue reading

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The Aussie: AUD/USD Outlook

The Australian dollar has come into the spotlight recently having recently made a rather relentless descent from its .81 recovery high straight back down into the bottom of the range it’s been trading in all year. There is great opportunity … Continue reading

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AUD Climbs As Jobs Data Dents RBA Rate Cut Bets

Talking Points: Australian dollar gained more than 1.1 percent versus the US dollar Unemployment rate 6.0 percent in May versus 6.2 percent expected Australia gained 42,000 jobs in May versus 15,000 expected The Australian dollar climbed as much as 1.1 … Continue reading

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AUD Bulls Are Getting Ready To Roar

The Australian dollar has been under considerable selling pressure lately, however the pair might have finally discovered some bullish support as it busts through the long running bearish trend line. After approximately 3 months of an almost linear decline, the … Continue reading

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Australian Dollar Tumbles On Chinese Data

The Australian dollar has tumbled today after weak data out of China and a shock devaluation of the Chinese Yuan raised fears over the health of the world’s 2nd largest economy. AT 8.55pm (GMT) the Aussie dollar was trading at … Continue reading

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AUD/USD: Aussie Pushes Above 72, U.S. GDP Beats Estimate

The Australian dollar is steady on Tuesday, as the pair trades at 0.720 in the North American session. There are no Australian releases on the schedule. In the US, Final GDP posted a solid gain of 2.0%. With only one … Continue reading

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Aussie Dollar Getting Set For Retracement

The Australian Dollar has seen a roller coaster of volatility in the past few months as the pair whipsawed within a 350 pip range. However, despite the recent declines, the AUD finally looks to have discovered a bottom and is … Continue reading

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Aussie Dollar Ready To Follow The Channel

Over the past few weeks the Australian dollar has seen a rollercoaster of reversals as price action has been largely contained within a slowly descending channel. Subsequently, there have been plenty of options for trades as price action bounces between … Continue reading

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Iron Ore Slide Stops Aussie Dollar

The Australian dollar brief rise above the US75c mark was stopped in it’s tracks after a fall in the iron ore price yesterday erased almost half of this week’s stellar gains. After jumping by 20 percent on Monday, Australia’s biggest … Continue reading

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