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.

View More

AUDUSD chart

AUDUSD chart by TradingView

Support & Resistance

AUD/USD
Weekly Forecast: Event Risk Ramps Up from US GDP to ECB Rate Decision
S10.7887 M R30.8125 S
S20.7813 M R20.8066 S
S30.7740 S R10.7978 M
Trend
up
Volatility
3%

News


Weekly Forecast: Event Risk Ramps Up from US GDP to ECB Rate Decision

We have seen sentiment start off to a remarkable robust clip for 2018, but how much of that is due to an absence of heavy event risk to undermine momentum born of complacency?
Continue Reading


Australian Dollar Could Use A Breather- It Might Just Get One


DailyFX US AM Digest: US Dollar Slide Continues as Shutdown Deadline Approaches


Most Asian Stocks Make Gains, US Shutdown Chance Glowers


Australian Dollar Tops US$0.80, Eyes Best Weekly Run Since Mid ’16


Real Time News


Analyst Picks

Michael Boutros

Michael Boutros   

Currency Strategist

My Picks: Near-term Setups in GBP/USD, GBP/JPY and AUD/USD
Expertise: Technical Analysis
Average Time Frame of Trades: 1-3 Days


Get Your Free USD Forecast

Please enter valid First Name
Please fill out this field.
Please enter valid Last Name
Please fill out this field.
Please enter valid email
Please fill out this field.
Please fill out this field.
Please enter valid phone number
Please select a country

Your Forecast Is Headed to Your Inbox

But don't just read our analysis - put it to the rest. Your forecast comes with a free demo account from our provider, IG, so you can try out trading with zero risk.

Your demo is preloaded with £10,000 virtual funds, which you can use to trade over 10,000 live global markets.

We'll email you login details shortly.

Learn More about Your Demo

Your Forecast Is Headed to Your Inbox

Read more articles on DailyFX

An error occurred submitting your form.
Please try again later.

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous