AUD/USD
AUD/USD Outlook: Two-part rates play, one-part risk proxy
A pickup in US inflation expectations, renewed geopolitical tensions and another bruising session for technology stocks combi.
AUDUSD – Recovery Faces Increased Headwinds from Initial Fibo Resistance
Tuesday's action, shaped in tight Doji candle, suggests that recovery leg from 0.6865 (June 30 low) starts to lose traction, following repeated failure at initial Fibo barrier at 0.6961 (23.6% retracement of 0.7271/0.6965) reinforced by falling 20DMA.
AUD/USD Price Forecast: Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
AUD/USD Price Forecast: Eases from two-week top; 38.2% Fibo. near 0.6955 holds the key
AUD/USD Price Forecast: Retreats from 38.2% Fibo. hurdle; holds above 0.6900
AUD/USD Price Forecast: Retreats from 38.2% Fibo. hurdle; holds above 0.6900
Australian Dollar Outlook: AUD/USD Bounce Lacks Conviction as ISM, FOMC Mins Loom
AUD/USD finally snapped its four-week losing streak, but the recovery has done little to alter the broader technical picture. With resistance clustered just below 0.7000 and a quiet Australian calendar shifting attention to US data and the FOMC minutes, traders may need a fresh catalyst before the next meaningful move develops.
Australian Dollar Outlook: AUD/USD Bounce Lacks Conviction as ISM, FOMC Loom
AUD/USD finally snapped its four-week losing streak, but the recovery has done little to alter the broader technical picture. With resistance clustered just below 0.7000 and a quiet Australian calendar shifting attention to US data and the FOMC minutes, traders may need a fresh catalyst before the next meaningful move develops.
AUD/USD Price Forecasts: Aussie approaches 0.6950 with bullish momentum building up
AUD/USD Price Forecasts: Aussie approaches 0.6950 with bullish momentum building up
AUDUSD Wave Analysis
AUDUSD currency pair recently reversed from the support zone between the support level 0.6865 (which stopped wave 2 in March) and the lower daily Bollinger Band.
AUD/USD Price Forecast: Bearish bias persists below 0.7000
AUD/USD Price Forecast: Bearish bias persists below 0.7000
Limited Upside for Australian Dollar: MUFG AUD/USD Forecast
The Australian Dollar has lost momentum in recent weeks, with AUD/USD slipping back below 0.69 after a strong first half of the year. MUFG believes the Reserve Bank of Australia's tightening cycle is now complete and expects the Aussie to remain under pressure in the near term before recovering later this year.
The Dollar Awaits the Week's Key Report: AUD/USD and NZD/USD at Crucial Technical Levels
Following mixed performance by the US dollar earlier this week, investors are now fully focused on the June Nonfarm Payrolls report, which will be released on Thursday rather than Friday. The schedule has been brought forward as US financial markets will be closed on Friday to mark the 250th anniversary of the signing of the Declaration of Independence.
Australian Dollar Outlook: AUD/USD Holds Major Support—Reversal Risk Builds
AUD/USD is attempting to stabilize after a sharp decline from the monthly highs, with price holding confluent downtrend support into the close of June. An outside-day reversal is taking shape just above the lower bounds of the downtrend, raising the possibility that downside momentum may be fading as the market heads into July.
