AUD/USD (AUDUSD=X)
- FX Empire
AUD/USD Weekly Price Forecast – Australian Dollar Continues to Struggle With same Photo
The Australian dollar has been all over the place during the course of the week, and on Friday after the jobs number came out horrible, the market still could not break above the 0.78 level significantly.
- FX Empire
AUD/USD Price Forecast – Australian Dollar Continues to See the Same Resistance
The Australian dollar has continued to see the 0.78 level is a massive resistance barrier, and it is obvious to me that the market is likely to see continued struggles in this general vicinity.
- Investing.com
Dollar Edges Lower; April Payrolls Data in Focus
EUR/USD traded largely flat at 1.2060, having gained 0.5% Thursday, USD/JPY rose 0.1% to 109.16, the risk-sensitive AUD/USD fell 0.2% to 0.7766, while USD/CAD rose 0.2% to 1.2176, having fallen to a 3-1/2-year low of 1.2145 overnight, helped by the Bank of Canada's recent tapering of its asset purchases and its shift to more hawkish guidance. Elsewhere, GBP/USD rose 0.1% to 1.3902, with sterling struggling to post any serious gains despite the Bank of England slowing the pace of its bond-purchasing program at its meeting Thursday.
