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
-1.21
Current
---
Chg. Open Interest
9.1%
Outlook
Bullish

Support & Resistance

AUD/USD
US Dollar May Rise on Yellen Speech at Jackson Hole
S10.7615 S R30.7835 S
S20.7421 M R20.7760 S
S30.7285 M R10.7631 W
Trend
up
Volatility
2%
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News


US Dollar May Rise on Yellen Speech at Jackson Hole

The US Dollar may rise as Federal Reserve Chair Janet Yellen boosts rate hike speculation with a much-anticipated speech at the Jackson Hole Symposium.
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AUD/USD Marking Time Under Major Resistance Level


AUD/USD Short Term Outlook Ahead of US Durable Goods Orders


Euro Eyes IFO Data, NZ Dollar Gains After Fonterra Outlook Update


AUD/USD Extends Dip from Major Resistance Point


Real Time News


Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in AUDUSD, NZDUSD & USDOLLAR
Expertise: Short-term Technical
Average Time Frame of Trades: 1-2 Days

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