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Author Archives: AUD Editor

AUDUSD: Weakens On Bear Pressure

AUDUSD. The pair turned lower on Tuesday and followed through lower on Wednesday. On the downside, support resides at the 0.7450 level where a breach will aim at the 0.7400 level. Below that level will set the stage for a ...

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AUDUSD decreased 0.0035 or 0.46%

The AUDUSD decreased 0.0035 or 0.46% to 0.7526 on Tuesday April 25 from 0.7560 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record low of 0.48 ...

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AUD/USD Forecast May 1-5

AUD/USD posted losses for a second straight week, closing at 0.7485. This week’s key event is the RBA Rate Statement. Here is an outlook on the major market-movers and an updated technical analysis for AUD/USD. It was a disappointing week ...

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AUDUSD decreased 0.0035 or 0.46%

The AUDUSD decreased 0.0035 or 0.46% to 0.7526 on Tuesday April 25 from 0.7560 in the previous trading session. Historically, the Australian Dollar reached an all time high of 1.10 in July of 2011 and a record low of 0.48 ...

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