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Trade of The Day: AUD/USD
Facts: The AUDUSD exchange rate opened today below the 10- and 30-day exponential moving averages (EMA10 – yellow, EMA30 –…
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AUD/USD Price Forecast: On verge of Head and Shoulder breakdown
AUD/USD tumbles to near 0.7100 as the Australian Dollar underperforms due to multiple headwinds. The exchange of attacks between the…
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AUD/NZD Price Forecast: Retreats below 1.2200 on hawkish RBNZ, weak Australian data
AUD/NZD retreats from 1.2286 highs to levels below 1.2200. A hawkish RBNZ and soft Australian CPI figures are hammering the…
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Australian Dollar loses traction as US launches self-defence strikes on southern Iran
AUD/USD loses ground to near 0.7165 in Tuesday’s Asian session. US military said it carried out new strikes on southern…
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AUD/JPY Price Forecast: Gains momentum, holding bullish bias above 100-day EMA
AUD/JPY strengthens to near 113.80 in Monday’s early European session. The cross keeps a constructive bias above the 100-day EMA.…
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AUD/USD Price Flirts with 200-SMA on H4, just above mid-0.7100s amid weaker USD
AUD/USD kicks off the new week on a positive note as US-Iran deal hopes weigh on the USD. Bets for…
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AUD/JPY Price Weakens to near 113.50, but broader uptrend remains intact
AUD/JPY drifts lower to near 113.50 in Friday’s early European session. Surprise rise in Australia’s Unemployment Rate will give RBA…
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AUD/USD – Picks up above 0.7120 after finding support in the 0.7100 area
AUD/USD holds above 0.7100 after falling from 0.7174 highs on Wednesday. An unexpected rise in Australian unemployment adds to the…
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AUD/USD remains subdued below 0.7150 following China’s data
Australian Dollar holds losses as China’s Retail Sales rose 0.2% YoY in April, against 2.0% expected and 1.7% prior. Fed…
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AUD/JPY – Tests ascending triangle bottom near 113.00
AUD/JPY may rebound toward the nine-day EMA of 113.72. The 14-day Relative Strength Index near 50 hints at a current…
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