AUDUSD=X - AUD/USD
| Previous Close | 0.686 |
| Open | 0.686 |
| Bid | 0.686 |
| Day's Range | 0.684 - 0.686 |
| 52 Week Range | 0.6672 - 0.7393 |
| Ask | 0.686 |
- FX Empire
AUD/USD and NZD/USD Fundamental Weekly Forecast – Brexit Uncertainty Could Weigh on Aussie, Kiwi
There are no major economic releases this week so the direction of the AUD/USD and NZD/USD is likely to be determined by trader reaction to any news about U.S.-China trade relations and Brexit negotiations.
- FX Empire
Aussie Pops Nearly 1% as Rate Cut Chances Drop; Kiwi, Yen Driven by Brexit Deal Hopes
The Aussie surged on Thursday and Friday to its highest level since September 18 after RBA Governor Philip Lowe’s latest view that a return to near 3 percent economic growth is “quite probable” by next year and that further interest rate cuts should not be assumed.
- FX Empire
The Week Ahead – Earnings, Geopolitics and Stats to Drive the Majors
It’s another big week for the global financial markets, Corporate earnings, Brexit, trade and economic data in Focus. It’s also Draghi’s last media show…
- FX Empire
AUD/USD Forex Technical Analysis – Short-Squeeze Could Take Aussie to .6863 into Close
Given the current upside momentum, the next upside target into the close is .6863. The AUD/USD could pause at this price, but also accelerate into .6879. This is the last potential resistance angle before the .6895 main top.
- FX Empire
AUD/USD Weekly Price Forecast – Australian Dollar Has Strong Week
The Australian dollar initially fell during the week but has turned around quite rapidly to reach towards the 0.69 level. This is an area that has caused support and resistance in the past, so it will be interesting to see whether or not we can take off to the upside.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Reaching Towards Significant Resistance
Australian dollar traders were bullish during the early part of Friday, as we continue to see the Australian dollar grind a bit higher. That being said though, we are heading towards an area that has caused resistance recently.
- FX Empire
AUD/USD, NZD/USD, USD/CNY – Asian Session Daily Forecast
The Australian and NZ dollars have steadied on Friday, after impressive gains of 1.0% on Thursday. Chinese GDP missed its estimate, but the yuan is holding its own against the U.S. dollar.
- Investing.com
Pound Slips Ahead of Vote; Lira Surges on Syria Ceasefire
Investing.com -- The dollar was mixed in narrow ranged in early trading in Europe Friday, while the pound retreated as doubts swirled both about the merits of Boris Johnson’s Brexit deal and about the likelihood of him persuading Parliament to approve it.
- FX Empire
Froth On ?
US equities were stronger Thursday, supported again by better earnings as the S&P; 500 now sits within 1% of an all-time high.
- FX Empire
China’s Economy Slows but Could Have Been Worse. Next up, Brexit
While China’s economy slowed in the 3rd quarter, things could have been much worse. Relief all round as focus now shifts to Brexit…
- Investing.com
Pound Gives Up Gain as DUP Rejects Deal “as Things Stand”
Investing.com - The British pound gave up gains on Friday in Asia as traders digested the latest Brexit news.
- FX Empire
CURRENCIES SHOW A SHIFT TO SAFETY AND MATURITY – WHAT DOES IT MEAN?
Recent rotation in multiple foreign currencies hints at the fact that a new stage of the “Capital Shift” process is taking place and that skilled technical investors need to pay very close attention to how these currencies continue to react over the next 3 to 6+ months. In the recent past, most of the world’s foreign currencies were declining in value while the US Dollar continued to strengthen. In fact, we authored many research articles about these trends and how weakness in foreign currencies will drive new foreign investment into the US stock markets for two simple reasons; strength and security.
- FX Empire
AUD/USD and NZD/USD Fundamental Daily Forecast – Aussie Spikes Higher as Unemployment Rate Improves Slightly
Before the release of the jobs data, a senior Reserve Bank official said, Australia’s property downturn is not only hitting household consumption, it’s a big drag on economic growth and inflation.
- FX Empire
Divorce European Style
The U.S. equity markets were a tad weaker Wednesday, and 10-year bond yields fell as the market s were left interpreting the inconsistent news out of the U.S.: weak retail headlines for September but upbeat earnings report, with Bank of America, reporting growth in investment-banking fees.
- FX Empire
Economic Data and Brexit Keep the GBP and USD in Focus
It’s another busy day ahead for the majors, with Brexit and economic data out of the UK and the U.S the key drivers.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Continues Consolidation
The Australian dollar has broken down a little bit during the trading session on Wednesday, slicing through the 0.6750 level, an area that has essentially been “fair value.”
- FX Empire
AUD/USD Forex Technical Analysis – Weakens Under .6721, Strengthens Over .6751
Based on the early price action and the current price at .6733, the direction of the AUD/USD the rest of the session on Wednesday is likely to be determined by trader reaction to the short-term Fibonacci level at .6724.
- FX Empire
Brexit and Economic Data Put the GBP and USD in Focus
It’s a relatively busy day ahead, with corporate earnings, economic data from the Eurozone, UK and U.S and Brexit in focus.
- Investing.com
Pound Gives Up Some Gains; U.K., EU Inch Closer to Brexit Deal
Investing.com - The British pound gave back some gains on Wednesday in Asia after gaining overnight.
- FX Empire
Brexit and Economic Data Keep the GBP and the EUR in Focus
It’s a busy day ahead for the EUR and the GBP, with Brexit chatter and economic data to provide direction…
- FX Empire
AUD/USD Price Forecast – Australian Dollar Pulls Back To Fair Value
The Australian dollar has pulled back to fair value during the trading session on Monday as we continue to see a lot of noise when it comes to the US/China trade talks, essentially going nowhere as expected. Unfortunate for Australia, the Australian dollar is highly sensitive to China.
- FX Empire
AUD/USD Forex Technical Analysis – Weakens Under .6783, Strengthens Over .6785
Based on the early price action and the current price at .6776, the direction of the AUD/USD the rest of the session on Monday is likely to be determined by trader reaction to the resistance cluster at .6783 to .6785.
- FX Empire
A Light Economic Calendar Puts the GBP and Brexit in the Limelight
The Dollar found strong support early, as the markets considered the implications on existing tariffs on the economic outlook. Brexit chatter also weighed.
