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
S10.7500 W R30.7600 S
S20.7445 S R20.7575 M
S30.7423 S R10.7536 M
Trend
up
Volatility
10%
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News


Australian Dollar Volatile after CPI Figures Add Traction to RBA Cut Fears

The Australian dollar initially rallied after the headline quarterly Consumer Price Index data rebound as expected. However, annual figures at record lows bolstered RBA cut expectations and stalled AUD.
Continue Reading


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


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


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

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