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: Fed, Team Trump Battle for Influence
S10.7685 M R30.7874 M
S20.7606 S R20.7811 S
S30.7498 S R10.7760 S
Trend
up
Volatility
3%

News


Weekly Trading Forecast: Fed, Team Trump Battle for Influence

Financial markets cheered a confident Fed yet wilted on fears of status-quo-shattering maneuvers from "team Trump" last week. The tug of war is set to resume in the week ahead.
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Australian Dollar May Languish If Only For Lack of Clues


Technical Weekly: AUD/USD Shows Signs of Struggle


AUD/USD Technical Analysis: Topping Below 0.78 Figure?


AUD/USD Breaks Through Tight Range; .7600 Remains Key


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Analyst Picks

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in DXY, NZD/USD, EUR/NZD & AUD/USD
Expertise: Shot-term Technicals
Average Time Frame of Trades: 1-2 Days


Pivot Points

Forex Economic Calendar

A: Actual   F: Forecast    P: Previous