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Author Archives: AUD Editor

AUD/USD: bullish, but far from critical 0.8000

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AUD/USD tumbles to session lows amid notable USD demand

Having touched a two-week high level of 0.7963, the AUD/USD pair changed course and has now drifted into negative territory. Currently placed at session lows, around the 0.7920-15 region, the pair stalled its strong recovery move from near one-month lows ...

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AUD/USD now targets 0.7980 – Commerzbank

Axel Rudolph, Senior Technical Analyst at Commerzbank, noted the pair could attempt a test of the 0.7980 region. “AUD/USD stabilized slightly above the three month support line at .7806 as expected. It now targets the .7980/91 July 20 and August ...

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AUD/USD Surging

AUD/USD’s short-term technical structure has reversed. Hourly support can be found at 0.7786 (18/07/2017 low). Hourly resistance is given at 0.8066 (27/07/2017 high). In the long-term, we are waiting for further signs that the current downtrend is ending. Read Full ...

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AUD/USD: Unemployment Change

The US dollar failed to sustain growth against the Aussie, as the Australian employment report surpassed expectations. The Australian dollar grew by 9 pips against the Greenback in the next couple of minutes after data were published, though the pair ...

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Elliott Wave Analysis: AUDUSD Breaking Higher

Today’s focus will be on AUDUSD and its rally. AUDUSD has finally turned up after very deep, slow and overlapping price action, that we see it as wave 4). This leg now appears completed after recent break out of a ...

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AUDUSD Forex Exchange Opened Thursday August 17

from 0.7818 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 in April of 2001. AUD/USD gained momentum after the beginning of the ...

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