Australian Dollar (AUD) the AUD/USD is pushing lower back towards last week lows falling under 1.0400 briefly as commodities around the world fall and China sentiment remains soft. We are seeing some support on the dips but a lot more interest to sell rallies with… Read more
AUD Trading Outlook Archive
Australian Dollar (AUD) Trading Outlook (25-09-2012)
September 25, 2012Australian Dollar (AUD) Trading Outlook (24-09-2012)
September 24, 2012Australian Dollar (AUD) the AUD/USD is struggling to maintain the positive momentum from the previous week and we found ourselves on the back foot for most of last week and we finished offered at 1.0450 after failing at 1.0500. The pro risk rally in US… Read more
Australian Dollar (AUD) Trading Outlook (21-09-2012)
September 21, 2012Australian Dollar (AUD) the AUD/USD was the hardest hit by the weak Chinese data with the pair slipping to week lows under 1.0400 founding support at the key 1.0380 level before rebounding to 1.0450. The market is now evenly poised with the pro-growth US/ECB countering… Read more
Australian Dollar (AUD) Trading Outlook (20-09-2012)
September 20, 2012Australian Dollar (AUD) The AUD/USD is giving traders great two way opportunities lately with the QE3/ECB/BOJ Fueled risk on rally dragging the Aussie higher. Sellers are banking on the slowdown from China and the local Australian economy to lead to RBA rate cuts and AUD… Read more
Australian Dollar (AUD) Trading Outlook (19-09-2012)
September 19, 2012Australian Dollar (AUD) the Aussie was the weakest currency in the market overnight with more China slowdown concerns and weakness in commodities putting the sellers in control. The AUD/USD has now pulled back 200 pips since Friday’s highs and is losing ground on all its’… Read more
Australian Dollar (AUD) Trading Outlook (18-09-2012)
September 18, 2012Australian Dollar (AUD) the Aussie broke support at 1.0500 and we fell down to 1.0455 before stabilizing as weakness crept back into the Aussie. Fears that China was slowing faster than forecast and the large falls in commodities weighed on the risk currency. Looking ahead,… Read more
Australian Dollar (AUD) Trading Outlook (17-09-2012)
September 17, 2012Australian Dollar (AUD) potentially important failure at 1.0600 has left the AUD/USD vulnerable to the downside this week with the recent rally seen overdone and some real negative stories emerging regarding the mining boom in Australia and the slowdown in the China. Looking ahead, Japanese… Read more
Australian Dollar (AUD) Trading Outlook (14-09-2012)
September 14, 2012Australian Dollar (AUD) the AUD/USD is continuing to rally hard up above 1.0550 overnight and completing a 1 week move from 1.0160. The topside targets include 1.0615 the high of the last 6 months. AUD/JPY is above Y82 and providing the Aussie with lots of… Read more
Australian Dollar (AUD) Trading Outlook (13-09-2012)
September 13, 2012Australian Dollar (AUD) the AUD/USD tested 1.0500 after the German Court ruling day highs and we have seen consolidation since then above the 1.0450 level. The AUD/JPY is struggling to take advantage of the strong stock market finding resistance at Y81.80. Looking ahead, RBA Governor… Read more
Australian Dollar (AUD) Trading Outlook (12-09-2012)
September 12, 2012Australian Dollar (AUD) another strong day for the risk currency with Iron ore prices surging on calming Chinese fears and US stock indices continuing to press higher. AUD/USD has changed from downtrend to at least neutral in last few sessions and has caught a lot… Read more