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AUD/USD Forecast - Page 6


AUD/USD remains under pressure for further downside
AUD/USD remains under pressure for further downside

AUD/USD remains under pressure in line with the overall risk-off sentiment, which suggests further weakness, with first key support at 0.7006/00, analysts at Credit Suisse apprise...

30 Oct 2020Octa

All about the AUD & possibly GBP
All about the AUD & possibly GBP

A decline in the Australian Dollar interrupted any otherwise directionally limited phase in currency markets. RBA Governor Lowe, in a speech, signalled...

15 Oct 2020HFM

AUD/USD refreshes session tops, inches back closer to mid-0.7100s
AUD/USD refreshes session tops, inches back closer to mid-0.7100s

AUD/USD stages a goodish bounce from sub-0.7100 levels amid stability in the equity markets. The formation of a bearish double-top on Tuesday warrants some caution...

7 Oct 2020Octa

Aussie ticks up ahead of employment data
Aussie ticks up ahead of employment data

Australia's employment data for July will hit the markets at 01:30 GMT on Thursday, following on from the Reserve Bank of Australia's (RBA) meeting minutes on...

16 Sep 2020XM

AUD/USD clings to modest gains, bulls await a sustained move
AUD/USD clings to modest gains, bulls await a sustained move

AUD/USD regained positive traction on Tuesday and build on last week's bounce from 0.7220 region. A strong pickup in the USD demand, rising US-China...

8 Sep 2020Octa

AUD drops as Australia's recession confirmed
AUD drops as Australia's recession confirmed

Australia has officially entered its first technical recession in nearly three decades. It posted a seven percent quarter-on-quarter contraction in Q2...

2 Sep 2020FXTM

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Bulls take a brief pause near 20-month tops ahead of RBA on Tuesday
Bulls take a brief pause near 20-month tops ahead of RBA on Tuesday

AUD/USD was seen consolidating the recent strong gains to 20-month tops. Investors turn cautious ahead of the latest RBA policy decision on Tuesday...

31 Aug 2020Octa

Australian Q2 data to shed light on virus slump
Australian Q2 data to shed light on virus slump

Australia has yet to publish its second quarter GDP reading (due in a week's time) and there will be two precursors ahead of it: quarterly construction output is out...

25 Aug 2020XM

Golden cross on hourly chart points to additional upside
Golden cross on hourly chart points to additional upside

AUD/USD is sitting at weekly highs near 0.7230 region in the European session this Tuesday, benefiting from notable US dollar supply across its main peers...

18 Aug 2020Octa

AUD/USD could attempt a move to 0.72 near-term
AUD/USD could attempt a move to 0.72 near-term

The Aussie dollar could edge higher to the 0.72 region vs. the greenback in the next weeks, suggested FX Strategists at UOB Group...

13 Aug 2020Octa

RBA to be uncomfortable with aussie above the 0.76 fair value
RBA to be uncomfortable with aussie above the 0.76 fair value

Once a clear trend has been established, the aussie has a solid history of sustaining the trend for a number of years. Economists at Westpac forecast AUD/USD...

7 Aug 2020Octa

AUDUSD awaits RBA's reaction to Melbourne lockdown
AUDUSD awaits RBA's reaction to Melbourne lockdown

The Reserve Bank of Australia (RBA) is set to make its policy decision in just a few hours, and is expected to leave interest rates unchanged at the record low of 0.25 percent...

4 Aug 2020FXTM

AUD/USD slides further below mid-0.7100s

AUD/USD retreats from the post-Fed swing high to 15-month tops. A modest USD rebound was seen as a key factor exerting pressure. Investors now...

30 Jul 2020Octa

Currency point: AUD steadily driving its higher lead

Over the past few months the AUD/USD has been steadily driving its higher lead in the main by fundamental data. This data included the increased reopening...

27 Jul 2020FP Markets

Will the Australian Monetary Policy Meeting minutes support the AUD?

Until recently, Australia's economic overview in the context of the world pandemic has been pretty strong. The AUD showed bullish tones across...

20 Jul 2020FBS

Aussie dollar finally breaks US70c

The Aussie dollar has finally broken through the US70c mark in today's trading session for the first time in 5 weeks which was mainly caused by US dollar...

16 Jul 2020FIBO Group

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Aussie dollar finally breaks US70c

The Aussie dollar has finally broken through the US70c mark in today's trading session for the first time in 5 weeks which was mainly caused by US dollar...

15 Jul 2020FIBO Group

Steady Aussie ahead of RBA decision

The Australian Dollar has strengthened against the US Dollar every single day so far in July, in the lead up to the Reserve Bank of Australia's policy decision...

7 Jul 2020FXTM

Australian dollar may now be tied to oil

The Australian dollar's fortunes have long been tied to the price of iron ore, the country's biggest export, and the recent rally in the commodity on the back of growing...

16 Jun 2020FIBO Group

Aussie dollar's remarkable recovery

The Australian dollar continues to stun the market with its swift recovery from around US75c at the height of the coronavirus pandemic to the best part of US70c...

10 Jun 2020FIBO Group

Australian dollar completes virus recovery

The Australian dollar has now completed in what some are calling the "coronavirus recovery" which means it is back to levels seen before the virus took...

29 May 2020FIBO Group

Australian dollar falls on record unemployment

The Australian dollar is unable to find a direction today, hovering around the 0.64.5c mark after yesterday's job numbers showed the biggest fall in history...

14 May 2020FIBO Group

RBA to keep policy unchanged but forecasts may rattle aussie

The Reserve Bank of Australia will announce its latest policy decision on Tuesday (4:30 GMT) and is not anticipated to make any changes to the cash rate...

5 May 2020XM

The unlikeliest of "star performers"

The AUD's performance since the 19 March low has been nothing short of astonishing. Since then only 9 trading days to 1 May have been negative seeing the AUD/USD...

4 May 2020FP Markets

AUDUSD: Demand remains strong

The price of AUDUSD, on the D1 time-frame, was in a prolonged down trend until March 19 when a lower bottom was recorded at 0.55073. The attractive price...

28 Apr 2020FXTM

Australian dollar ignores ratings downgrade

The Australian dollar remains well supported in today's trading session, shrugging off the latest decision by ratings agency S&P to downgrade Australia's AAA rating from stable...

10 Apr 2020FIBO Group

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Aussie dollar to struggle

The Australian dollar is down around 14 percent against it's US counterpart since the start of the year and even hit a 17 year low just a short few weeks ago before...

7 Apr 2020FIBO Group

AUD drowns amid unemployment data

Forest fires and coronavirus have had a major impact on the Australian economy, and this is reflected in the data released today on unemployment...

20 Feb 2020FIBO Group

More gloom ahead for the AUD

The Australian dollar has slumped back below the US67c mark in today's trading session as fears grow about the spread of the coronavirus which...

18 Feb 2020FIBO Group

AUD hit lowest level in 11 years

The Australian dollar has fallen to its lowest level since 2009 as the deadly coronavirus continues to spread which is causing severe disruption...

10 Feb 2020FIBO Group


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