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Author Archives: AUD Editor

Trade Idea: AUD/USD – Hold short entered at 0.8030

As aussie has fallen again after faltering below 0.8000 level, retaining our view that further consolidation below recent high at 0.8066 (last week’s high) would be seen and the breach of indicated support at 0.7937 adds credence to our view ...

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AUD/USD challenging daily lows, around 0.7920 level

The AUD/USD pair came under some renewed selling pressure on Thursday and extended its retracement from closer to 26-month highs, touched earlier this week. The pair touched a 6-day low level of 0.7914 following a big miss on Australian trade ...

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AUDUSD Trade Price Opened lower Thursday August 3

AUDUSD Trade Price The AUDUSD decreased 0.0013 or 0.16% to 0.7954 on Thursday August 3 from 0.7967 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record ...

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