AUD/USD Forecast - Page 13

In August, the employment level in Australia grew by 17.4 thousand people, while the unemployment rate declined from 6.3% to 6.2%. The labor market data was better than expected and supported the Aussie. In the short term, the Aussie may test the level of 0.7070 dollar...

10 Sep 2015Exness

AUDUSD rallied on the back of positive developments in the price of copper and Chinese stock market yesterday. Today the pair hit a resistance level at 0.7045 and after a brief move above the level the pair failed to maintain the gains and rolled over...

9 Sep 2015HFM

The AUD/USD pair is trading upward on Tuesday morning, and possibly for now it will retain a small potential for growth and stabilization. Although this movement can hardly be called growth - rather, recovery, rebound, no more...

8 Sep 2015RoboForex

The August decline in the preliminary business activity index in China's manufacturing sector from 47.8 p. to 47.1 p. indicates a continuing contraction of the Chinese economy and puts pressure on the Aussie. The AUD/USD pair may test the yearly low of 0.7215 in the short term...

21 Aug 2015Exness

The USD is strengthening since the opening of the European session and is slowly gaining back the losses of yesterday. The AUD weakening is exaggerated by its fall in the pair with the NZD...

20 Aug 2015LiteFinance

Assumingly, a local correction as the fourth wave has finished forming. Currently, as it seems, the fifth wave of the senior level 5 has started developing, within which a starting impetus and a correction to it have formed...

14 Aug 2015LiteFinance

On Friday, the AUD managed to strengthen against the USD and reached the local high near the level of 0.7428. The reason for a rising dynamics was poor data on the NFPR from the US and the RBA statement...

10 Aug 2015LiteFinance

The Reserve Bank of Australia has lowered its forecasts for unemployment and GDP. The unemployment rate will remain almost unchanged over the next 18 months, while the GDP is expected to grow by only 2.5%-3.5% rather than 2.75%-3.75% by the end of 2016...

7 Aug 2015Exness

On Thursday afternoon, the AUD/USD pair is trading lower after the release of questionable data on the labour market. The Australian dollar acts increasingly stormy...

6 Aug 2015RoboForex

In July, the business activity indexes in the Australia and China services sectors rose to 54.1 p. and 53.8 p. respectively. Transactions in the services sector form a significant part of these countries GDP...

5 Aug 2015Exness

This morning the Australian dollar is feeling well. The AUD/USD pair is trading near the 0.7370 mark, recovering from multi-week lows. Apparently, it's just a rebound, because in the long run new falls can not be excluded. Today, however, the fate is on the side of the Aussie...

4 Aug 2015RoboForex

The NAB business confidence index in Australia for Q2 2015 rose from 0 p. to 4 p. The data indicate an improvement in the economic situation in the country and support the Aussie...

23 Jul 2015Exness

Today, Glenn Stevens, the head of the RBA, said that such events as Greece, collapse of the Chinese stock indexes and the expected increase in the US key interest rate by the US Federal Reserve do not pose any big threats to Australia...

22 Jul 2015Exness

According to the minutes of the previous RBA meeting, the national regulator considers it appropriate to retain its key interest rate at the level of 2%. However, in his opinion, the further decline in the Australian dollar is both likely and necessary...

21 Jul 2015Exness

In May, the Conference Board leading economic indicators index in Australia grew by 0.2% (m/m). The statistics indicates a likely growth in the country's business activity and supports the Aussie...

17 Jul 2015Exness

Assumingly, a development of the third wave of the senior level 3 continues, within which the local correction in a form of the fourth wave iv of 3 is finished and the fifth wave v of 3 is forming...

16 Jul 2015LiteFinance

According to Australias Treasurer, Hockey, China's and Greece's problems have no effect on Australia. He believes that the reorientation of the national economy form the mining industry to other sectors will continue...

14 Jul 2015Exness

A development of the third wave of the senior level 3 continues, within which a bear impetus in a form of the third wave iii of 3 is over and a local correction iv of 3 is probably over too. If the assumption is correct and the price does not break out the critical level of 0.7497...

13 Jul 2015LiteFinance

In June, the employment rate in Australia grew by 7.3 thousand with the forecast unchanged, while the unemployment rate rose from 5.9% to 6%, turning out lower that the predicted 6.1%. An improvement in the labor market will support the growth rate of the Australian economy...

9 Jul 2015Exness

In May, Australias retail sales increased by 0.3% (m/m), with a forecast of +0.5% (m/m). In April the value of the index was revised from 0% (m/m) to minus 0.1% (m / m). The statistics reflect the low level of consumer spending in the country...

3 Jul 2015Exness

The Australian dollar continues to decline, and, apparently, a long-term "bearish" trend goes on. Presumably, at the moment, the fifth wave of the senior level (5) is developing, within which the first wave 1 of (5) in the form of an impetus and the correction 2 of (5) have been formed...

30 Jun 2015LiteFinance

Presumably, the third wave of the senior level 3 is being developed. Locally, it is likely that the first wave i of 3is being formed, within which the third wave of the junior level is being developed (iii) of i of 3. If this assumption is correct and the price does not break down the critical level of 0.7640...

22 Jun 2015LiteFinance

Supposedly, the third wave of senior level 3 has started to form. Apparently, the first wave i of 3 is forming locally with the third wave of junior level (iii) of i of 3 forming within. If this assumption is correct and the price does not break the critical level 0.7594...

17 Jun 2015LiteFinance

Analysts at UOB Group, maintain a neutral outlook on AUD/USD, expecting the pair to maintain a 0.7630-0.7820 range...

16 Jun 2015HYCM

Supposedly, the third wave of senior level 3 has started to form. Apparently, the first wave i of 3 is forming locally with the third wave of junior level (iii) of i of 3 forming within. If this assumption is correct and the price does not break the critical level 0.7594...

11 Jun 2015LiteFinance

Following the speech of the head of the RBA, Mr. Glenn Steven on Wednesday, the pair AUD/USD fell by 50 points. Steven said that the Bank of Australia is prepared to the lowering of the interest rate and weakening in the AUD...

10 Jun 2015LiteFinance

In April, the number of mortgage loans in Australia increased by 1% (m/m) with an expected 2% (m/m) decline. In May, the business sentiment index in Australia rose from 3 p to 7 p. The data indicate an increase in business activity in the country, supporting the Aussie...

9 Jun 2015Exness

Presumably, a bearish correction in a form of zigzag-shaped wave (ii) has finished. The price attempts to push off upwards from the critical level of 0.7594 at which this scenario may be cancelled. If not, the pair will logically continue growing to a level of 0.7930...

8 Jun 2015LiteFinance