-
AUD/USD Is Neutral-To-Bearish In The Near-Term, Critical Support At 0.7675
Thursday, May 27, 2021 - 4:01pm | 2281window.dicnf = {};(function(){/* Copyright The Closure Library Authors. SPDX-License-Identifier: Apache-2.0 */ 'use strict';class l{constructor(){this.key="45350890"}}var m=class extends l{constructor(){super();this.defaultValue=!1}};var n=new m;(class{constructor(a,c){this.g=c===q?a:...
-
AUD/USD In Neutral-To-Bearish In The Near-Term, Could Near 0.7600
Friday, May 14, 2021 - 10:17am | 332AUD/USD Current Price: 0.7728 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Gold prices recovered some ground, providing support to the Aussie. AUD/USD is neutral-to-bearish in the near-term, could near 0.7600. The AUD/USD pair traded as low as 0.7687, bouncing during US...
-
AUD/USD Has Room To Extend Its Slide, Mainly On A Break Below 0.7690
Thursday, May 13, 2021 - 10:28am | 371AUD/USD Current Price: 0.7730 Australian May Consumer Inflation Expectations are foreseen at 3.6%. Falling equities and gold on higher US inflation pressured AUD/USD. AUD/USD has room to extend its slide, mainly on a break below 0.7690. The AUD/USD pair edged sharply lower to end the day in the...
-
AUD/USD Forecast: Comfortable Above 0.7800
Wednesday, May 12, 2021 - 4:57pm | 322AUD/USD Current Price: 0.7845 Stocks plummeted, but demand for the greenback remained subdued. Australia will publish May Westpac Consumer Confidence on Wednesday. AUD/USD maintains its positive stance in the near-term, holds above critical 0.7820. The AUD/USD pair spent Tuesday in a tight...
-
AUD/USD Advanced Within Range, Upside Limited By 0.7820
Thursday, May 6, 2021 - 10:36am | 338AUD/USD Current Price: 0.7741 Australian data showed signs of further improvement at the beginning of Q2. The aussie advanced on sentiment, following the lead of US indexes. AUD/USD advanced within range, upside limited by 0.7820. The AUD/USD pair keeps seesawing between gains and losses, ending...
-
AUD/USD Is Gaining Bearish Strength And Could Soon Retest The Year Low At 0.7531
Wednesday, May 5, 2021 - 10:31am | 411AUD/USD Current Price: 0.7703 The RBA maintained its monetary policy unchanged, despite noting economic improvement. Equities fell while US Treasury yields retreated, favoring the greenback. AUD/USD is gaining bearish strength and could soon retest the year low at 0.7531. The AUD/USD pair trades...
-
AUD/USD Pressures Daily Highs Amid Substantial Gains In Equities And Gold
Tuesday, May 4, 2021 - 10:42am | 429AUD/USD Current Price: 0.7763 The Reserve Bank of Australia is widely anticipated to maintain its monetary policy unchanged. Australian manufacturing output rose at a solid pace in April according to the PMIs. AUD/USD pressures daily highs amid substantial gains in equities and gold. The AUD/USD...
-
AUD/USD Forecast: Technically Neutral In The Near-Term, But Sellers Have Limited Chances
Friday, April 30, 2021 - 10:44am | 429AUD/USD Current Price: 0.7774 Soaring base metal prices maintained the Aussie afloat despite renewed greenback’s demand. Chinese PMIs could introduce some noise to currencies’ behavior on Friday. AUD/USD is technically neutral in the near-term, but sellers have limited chances. The...
-
AUD/USD Forecast: Trades Just Ahead Of A Strong Static Resistance Level At 0.7820
Thursday, April 29, 2021 - 10:23am | 388AUD/USD Current Price: 0.7789 Australian inflation unexpectedly contracted in the first quarter of the year. Investors buy the Aussie as the Fed will maintain QE despite its optimistic view. AUD/USD trades just ahead of a strong static resistance level at 0.7820. The AUD/USD pair fell to 0.7724...
-
AUD/USD Forecast: Limited Bearish Potential As Long As It Holds Above 0.7690
Wednesday, April 28, 2021 - 10:11am | 342AUD/USD Current Price: 0.7766 Australian inflation is expected to have remained subdued in Q1 2021. The poor performance of equities undermined the bullish potential of AUD/USD. AUD/USD has limited bearish potential as long as it holds above 0.7690. The AUD/USD pair ended Tuesday with losses in...
-
AUD/USD Forecast: Needs To Advance Above 0.7820 To Accelerate Its Advance
Tuesday, April 27, 2021 - 10:18am | 346AUD/USD Current Price: 0.7804 Cooper prices jumped to a decade high amid supply disruption concerns. The Australian macroeconomic calendar will remain empty until next Wednesday. AUD/USD needs to advance above 0.7820 to accelerate its advance. The AUD/USD pair surged to 0.7814, holding on to...
-
AUD/USD Forecast: Trades Around 0.7700, But Bears Have Taken The Lead
Friday, April 23, 2021 - 10:30am | 409AUD/USD Current Price: 0.7706 Australian NAB’s Business Confidence improved to 17 in Q1 from 14 previously. The sour tone of equities weighed on the pair in the last trading session of the day. AUD/USD trades around 0.7700, but bears have taken the lead. The Australian dollar was unable to...
-
AUD/USD Forecast: Needs To Advance Beyond 0.7770 To Become More Attractive For Bulls
Thursday, April 22, 2021 - 10:41am | 369AUD/USD Current Price: 0.7752 The Australian March Westpac Leading Index improved to 0.38% from 0.17%. The better tone of American stocks helped the pair to bounce from a weekly low. AUD/USD needs to advance beyond 0.7770 to become more attractive for bulls. The AUD/USD pair trades around 0.7750...
-
AUD/USD Forecast: Holds On To Intraday Gains, Further Gains Will Depend On The RBA
Monday, April 5, 2021 - 4:59pm | 382AUD/USD Current Price: 0.7651 The Reserve Bank of Australia is expected to keep its monetary policy on hold. Risk appetite took over financial markets following upbeat US macroeconomic figures. AUD/USD holds on to intraday gains, further gains will depend on the RBA. The AUD/USD pair broke...
-
AUD/USD Forecast: Bounced From A Fresh 2021 Low At 0.7531, Upside Still Limited
Thursday, April 1, 2021 - 3:51pm | 356AUD/USD Current Price: 0.7616 Australian trade surplus resulted at 7526 million, missing the expected 9700 million. Manufacturing output in Australia held within expansion levels in March. AUD/USD bounced from a fresh 2021 low at 0.7531, upside still limited. The AUD/USD pair plummeted to 0.7531...