The Aussie has risen further, reaching a new high of 0.7745. After a 70-pip rebound from the lows, it has remained at the top, erasing the majority of the week’s losses. The Aussie rise was sparked by a general decrease in the US dollar following the release of the US employment report. Payrolls increased by […]
AUDUSD Price Analysis – May 27 During the first half of the European session, the AUDUSD pair oscillates amid mild gains and modest losses and was last seen trading in the neutral zone, just below the mid-0.7700s. The recent COVID lockdowns in Australia, as well as a milder risk tone, limited the Aussie’s upward potential. […]
AUDUSD Price Analysis – May 20 AUDUSD rises to a new intraday high of 0.7763 at the time of this post in early Thursday, up 0.20 percent on the day. Before April’s job report sparked a corrective pullback, the Aussie pair had been grappling with the risk-off mood. Amid Aussie jobs data, the failure to […]
AUD/USD was into a corrective phase in the short term as the DXY increased a little. The pair has decreased as much as 0.7688 level where it has found strong support. Actually, the price has reached a strong support area, so a bounce-back is natural. USD depreciates again as the US Dollar Index plunges ahead […]
AUDUSD Price Analysis – April 29 The AUDUSD pair fell from one-month highs of 0.7817 to register a low at 0.7773 at the time of writing and was last seen floating near the lower end of its daily trading range during the European session. The recent rebound in US bond yields can be counted as […]
AUD/USD remains bullish in the short term despite the last strong decline. It’s traded at 0.7747 level versus 0.7764 yesterday’s high. The price slips lower at the time of writing only because the US Dollar Index has rebounded a little. Today, we may have high volatility on all markets during the ECB. Also, the US […]
AUDUSD Price Analysis – April 15 During the trading on Thursday, the AUDUSD regained a positive bias for the 2nd day in a row, with investors now looking for a steady advance toward the 0.7800 levels. Several factors aided the trend, including upbeat market bias and a drop in US yields with a softer mood […]
Key Resistance: 0.7640 Key Support: 0.7540 This week the AUDUSD broke with a massive level of support on the daily/weekly and now has retraced back to retest it whilst the USD is rallying hard (+2.33% – 3 week move) Let´s look at the 2H chart now for the setup. Price broke with the 0.7640 level […]
AUDUSD Price Analysis – April 1 The AUDUSD pair plunges to the 4th day in a row low on Thursday after buyers repeatedly failed to breach beyond the MA 13 barrier around the mid 0.7600 level. The pair extends losses to 0.7531 low level as the upbeat US economic outlook capped gains for the AUDUSD […]
