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
1.19
Current
---
Chg. Open Interest
-4.3%
Outlook
Mixed

Support & Resistance

AUD/USD
Record-Low Australia Core CPI to Cast Bearish AUD/USD Outlook
S10.7500 W R30.7600 S
S20.7445 S R20.7575 M
S30.7423 S R10.7536 M
Trend
up
Volatility
10%
Advertisement

News


Record-Low Australia Core CPI to Cast Bearish AUD/USD Outlook

AUD/USD may struggle to hold its ground over the next 24-hours should the 2Q CPI report highlight a fresh record-low reading for the core rate of inflation.
Continue Reading


AUD/USD Technical Analysis: Ripping Into the Reversal Zone


Near-term Setups in USDCAD, AUDUSD & AUDJPY


AUD/USD Rebound to Relent to CPI, FOMC- Key Support at 7450


AUD/USD Bull Reasserts


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in USDCAD, AUDUSD & AUDJPY
Expertise: Short-term Technicals
Average Time Frame of Trades: 1-2 Days

Advertisement

Pivot Points

Sign Up For a Practice Account and Receive Your Dollar Forecast
First Name
Last Name
E-Mail
Phone Number
Country

Confirmation

Thank you for your request
You will receive your Forecast by email shortly.

Advertisement

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous