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
Asian Stocks Wilt, US Policy Worries In Charge
S10.7649 M R30.7874 M
S20.7597 M R20.7811 S
S30.7498 S R10.7760 S
Trend
up
Volatility
3%

News


Asian Stocks Wilt, US Policy Worries In Charge

Asian shares endured a lackluster session very short of local news. That left a vacuum which was filled by worries about US fiscal policy and the possibly timing of interest-rate increases
Continue Reading


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


Short AUD/USD at Market


Webinar: Central Bank Weekly w/ Sr. Currency Strategist Christopher Vecchio


Australian Dollar Hit Hard By Weaker Private Capex


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