AUDUSD chart by TradingView

AUD/USD

The Aussie is a currency that has become a favored vehicle of traders in recent years. After a multi-decade commodity boom brought the Australian Dollar to all-time highs against the US Dollar, traders were often attracted by the interest rate differential in the pairing. This allowed traders to earn rollover for being long AUD/USD, while also benefitting from a massive bull run seen in the pair. Of recent, tides have appeared to change as economic difficulties in China coupled with bear markets in metals and many commodities, have created a more opaque picture of the future of Australia's financial prospects.


SSI: The Speculative Sentiment Index


Last Week
-1.29
Current
---
Chg. Open Interest
-0.5%
Outlook
Bullish

Support & Resistance

AUD/USD
Weekly Trading Forecast: Trump Speech May Define Market Mood
S10.7649 M R30.7874 M
S20.7597 M R20.7811 S
S30.7498 S R10.7760 S
Trend
up
Volatility
3%

News


Weekly Trading Forecast: Trump Speech May Define Market Mood

Financial markets may overlook ample top-tier economic data and a steady stream of central bank commentary as a pivotal speech from US President Donald Trump takes the spotlight.
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Australian Dollar Should Rise If GDP Growth Resumes


AUD/USD Outlook Clouded by RSI Divergence Ahead of Australia GDP


Asian Stocks Wilt, US Policy Worries In Charge


AUD/USD Rally from 2/7 May be a Wedge


Real Time News


Analyst Picks

James Stanley   

Currency Strategist

My Picks: Short AUD/USD
Expertise: Price Action, Macro
Average Time Frame of Trades: few days - few weeks


Pivot Points

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous