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

IGCS: IG Client Sentiment data provided by IG


Last Week
1.22
Current
---
Chg. Open Interest
8.1%
Outlook
Mixed

Pivot Points data provided by IG

Support & Resistance

AUD/USD
S10.7142 M R30.7461 M
S20.7021 M R20.7393 S
S30.6900 S R10.7247 W
Trend
up
Advertisement

News


AUDUSD Outlook: Further Falls Possible on Global Growth Fears

The Australian Dollar may have further to fall after its recent losses as concerns rise about global growth, US-China trade, the partial US government shutdown and Brexit.
Continue Reading


AUD/USD at Risk as Corporate Defaults in China Soar


AUD/USD Technical Analysis: Aussie Dollar Rally Fizzles Near 0.72


EURUSD Rejects Resistance, AUDUSD Weighed by China Slowdown


Weekly Technical Forecast: Reversals are Taking with the Equites Up Four Week and the Dollar Back with Bulls


Real Time News


Analyst Picks

Michael Boutros

Michael Boutros Currency Strategist

My Picks: Near-term Trade Setups in USD/CAD and AUD/USD
Expertise: Technical
Average Time Frame of Trades: 1-3 Days

Advertisement

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 select a country

I’d like to receive information from DailyFX and IG about trading opportunities and their products and services via email.

Please fill out this field.

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

DailyFX.com – the news, research and analysis website provided by IG – is one of the world's leading sources for news and analysis across currencies, commodities and indices.

Discover our extensive calendar of free educational webinars and test your trading skills, risk-free, with an IG demo account.

Read more articles on DailyFX

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

Advertisement

Market Datadata provided by IG

Symbol Bid Ask Spread
Market Data figures are provided for the trading day.
Symbol Bid Ask Spread
Market Data figures are provided for the trading day.

Forex Economic Calendar

A:  Actual   F:  Forecast     P:  Previous