Home / Author Archives: AUD Editor

Author Archives: AUD Editor

AUD/USD Sideways Trading

AUD/USD is trading sideways at 0.79 after its short-term bullish momentum, close to hourly resistance at 0.7999 (17/01/2018 high). Hourly support remains at 0.7638 (15/12/2017 low). The technical structure suggests further short-term sideways moves. Read Full Story at source (may ...

Read More »

AUD/USD catches a bid to stay above 0.79

AUD/USD pushing back up ahead of Europe. RBA fighting uphill battle against sluggish growth. Following a decline spurred by US Dollar buying, the Aussie has sprung back heading into European markets, currently testing just below 0.7930. The pair has sprung ...

Read More »

AUD/USD in focus ahead of RBA minutes

With the U.S. out today, the forex markets have been fairly quiet. The U.S. dollar has managed to rebound against some currencies amid profit-taking from the bears after its recent falls. Tonight, the focus will be on the Reserve Bank ...

Read More »