Summary

AUDUSD=X - AUD/USD

CCY - CCY Delayed price. Currency in USD

0.7427

+0.0066 (+0.8987%)

At close: 10:29PM BST

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Previous close	0.736
Open	0.736
Bid	0.743

Day's range	0.732 - 0.743
52-week range	0.7313 - 0.8136
Ask	0.742

FX Empire22 hours ago
AUD/USD Forex Technical Analysis – Move Through .7484 Changes Minor Trend to Up
Based on last week’s close at .7418, the direction of the AUD/USD this week will be determined by trader reaction to a pair of Gann angles at .7397 and .7430. The main trend is down according to the weekly swing chart. However, momentum has been trying to shift to the upside since the formation of the closing price reversal bottom at .7310 the week-ending July 6.
FX Empireyesterday
AUD/USD Weekly Price Forecast – Aussie bounces yet again
The Australian dollar spent most of the week soft but found enough support to turn around of form a hammer yet again. As you can see on the weekly chart, there have been multiple hammers over the last couple of weeks, so it’s obvious to me that there is a massive amount of support just below.
FX Empireyesterday
AUD/USD Price Forecast – Australian dollar jumps on Trump comments
The Australian dollar jumped during the trading session on Friday, after finding support yet again near the 0.7325 handle. Beyond that, President Trump tweeted that he thought of the central banks around the world were taken advantage of keeping interest rates lower while the United States continue to raise theirs. Traders around the world thought this was a signal the perhaps we were stepping away from interest rate hikes at the Federal Reserve, something that the President has no control over.
Investing.com2 days ago
Dollar Slumps on Trump Trade Comments
Elsewhere, the Australian dollar was higher, with AUD/USD up 0.83% at 0.7416, while NZD/USD rose 0.85% to 0.6801. The loonie was higher against the greenback, with USD/CAD down 1.11% to 1.3125.
FX Empire2 days ago
AUD/USD Forex Technical Analysis – Could Be Trying to Form Closing Price Reversal Bottom
Based on the early price action, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to Thursday’s close at .7357.
FX Empire2 days ago
AUD/USD Price Forecast – Australian dollar breaks down significantly on Thursday
The Australian dollar sliced through the 0.7350 level during the day on Thursday, showing a breach of serious support. However, when you look at the weekly chart, you can see that we still have the bottom of a couple of hammers extending down to the 0.73 level.
FX Empire2 days ago
Inflation and Retail Sales Put the Loonie in the Spotlight
While the Loonie is on for a move later today, with inflation and retail sales figures expected to support a more hawkish BoC, trade war jitters will continue to grab the headlines, with stats elsewhere on the lighter side through the day.
FX Empire3 days ago
Technical Overview of AUD/USD, GBP/AUD, AUD/CAD & AUD/NZD: 19.07.2018
While six-week long descending trend-line continue restricting the AUDUSD’s near-term upside, the pair has to sustain its dip beneath the 0.7340 horizontal-support in order to revisit the recent low around 0.7310. In case the pair continue declining below 0.7310, the 61.8% FE level of 0.7255 could please the sellers. On the upside, a clear break of 0.7420 TL can trigger the pair’s recovery towards 0.7475-80 region, which if conquered could escalate the rise to 0.7510 and the 0.7550 resistances. Assuming that Bulls keep fueling the quote beyond 0.7550, the 0.7605, the 0. ...
Investing.com3 days ago
Aussie Dollar Higher After Strong Employment Data; Yuan Falls
Investing.com - The Australia’s dollar rose on Thursday after data showed the country’s employment surged in June, while the Chinese yuan fell after the central bank weakened its fixing beyond 6.7 for the first time since the currency began tumbling in June.
FX Empire3 days ago
Forex Daily Outlook – July 19, 2018
With general risk-off attitude, the market is testing the key support level and if it breaks further, then next immediate support in the market will be at 1.1580 level. In the longer term chart, this level has been an important support level and has been tested well in the past.
FX Empire3 days ago
AUD/USD Forex Technical Analysis – Testing Pair of 50% Levels at .7413 – .7397, Needs to Clear .7443 to Change Trend
Based on the early price and the current price at .7411, the direction of the AUD/USD the rest of the session is likely to be determined by trader reaction to the short-term pivot at .7413. The main trend is down according to the daily swing chart. The trend will change to up on a trade through .7443. Today’s intraday rally stopped at .7442, just short of this main top.
FX Empire3 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Despite Solid Employment Data, RBA Not Likely to Alter Dovish Tone
The AUD/USD is being underpinned early Thursday because at face value, today’s strong employment data is very good news. However, there are still some sticking points in the economy, namely a high level of underutilized workers and low wages. With unemployment and underemployment still comparatively high, it continues to weigh on wage pressures despite strong unemployment growth.
FX Empire3 days ago
AUD/USD Price Forecast – Australian dollar crashes into support
The Australian dollar fell hard during the day on Wednesday, as the US dollar strengthened around the world. We crashed into the 0.7350 level, an area that has been massive support on longer-term charts. Because of this, an opportunity may be presenting itself.
FX Empire3 days ago
The Aussie Gets a Boost, as Focus Shifts to UK Retail Sales and the GBP
Employment numbers give the Aussie Dollar a boost as focus shifts to today’s stats out of the UK. Another set of weak numbers and the Pound could be looking at sub-$1.30 levels, progress on Brexit doing few favors.
Investing.com4 days ago
Dollar Hits 6-Month Highs vs. Yen on Powell Comments
Investing.com - The broadly stronger dollar hit six month highs against the yen on Wednesday as optimistic comments from the head of the U.S. Federal Reserve reinforced expectations that the central bank is on track to keep gradually raising interest rates.
FX Empire4 days ago
Forex Daily Outlook – July 18, 2018
The market in the present scenario is going to be extremely noisy as the Brexit negotiations and strength in USD will keep the market under pressure. The market will remain under pressure as the Brexit negotiations gathered pace and fall in Tuesday’s session is likely due to an indication that the UK is going to leave EU customs union without a deal.
FX Empire4 days ago
AUD/USD and NZD/USD Fundamental Daily Forecast – Hawkish Outlook for U.S. Rates Favoring U.S. Dollar
With the divergence in monetary policies between the Fed and the Australian and New Zealand central banks favoring the U.S. Dollar, traders are likely to continue to press the Aussie and Kiwi lower. Furthermore, any short-covering rallies are likely to be met by renewed selling pressure.
FX Empire4 days ago
AUD/USD Bearish Triangle Breakout
As we could have seen in the previous AUD/USD analysis, the price followed the bearish setup and at this point, it is making a breakout. The bearish triangle breakout zone is 0.7390-0.7405 and this is the POC for short trades. A 4h close below 0.7350 should initiate a continuation move towards 0.7524 and 0.7298. Selling on rallies is the valid option.
Investing.com4 days ago
Forex – Dollar Strengthens After Powell Gives Upbeat Assessment of U.S. Economy
Investing.com – The dollar strengthened on Wednesday as Federal Reserve Chairman Jerome Powell presented a positive assessment of the U.S. economy during his semi-annual congressional testimony on Tuesday.
FX Empire4 days ago
AUD/USD Forex Technical Analysis – Taking Out .7360 Signals Resumption of Downtrend with .7310 Next Target
Based on Tuesday’s close at .7388, the direction of the AUD/USD on Wednesday is likely to be determined by trader reaction to the intermediate 50% level at .7397. The divergence between the monetary policies of the hawkish Federal Reserve and the dovish Reserve Bank of Australia continues to control the price action. Bearish traders are using this information to sell just about every rally.
FX Empire4 days ago
AUD/USD Price Forecast – Australian dollar testing support
The Australian dollar fell rather hard during the day on Tuesday, crashing into the vital 0.74 level, an area that has been supportive a couple of times now. I think at this point, it looks like we are probably going to be more range bound than anything else.
Investing.com5 days ago
Dollar Slides Lower Ahead of Powell Testimony
Investing.com - The dollar slid lower against a currency basket on Tuesday ahead of congressional testimony by Federal Reserve Chairman Jerome Powell, which markets will be watching closely for any indications on the path of interest rate hikes.
Investing.com5 days ago
Dollar Steadies Ahead of Powell’s Testimony
Investing.com – The dollar was little changed on Tuesday as investors awaited further clues on monetary policy when Federal Reserve Chairman Jerome Powell testify on the economy and monetary policy later in the day.
FX Empire5 days ago
Forex Daily Outlook – July 17, 2018
The market started the week with a bullish note, as the pair broke above the 1.17 level, reaching towards 1.1725 level. The British Pound shot higher during the Monday’s session reaching towards the 1.33 level but got enough resistance to fell slightly lower. The market rallied a bit during the Friday’s session reaching towards the 0.7450 level, as it found enough buyers to take the market forward.
FX Empire5 days ago
AUD/USD Price Forecast – Australian dollar grinds higher on Monday
The Australian dollar rose slightly during the trading session on Monday, reaching towards the 0.7450 level. The market continues to be noisy overall, which of course makes sense as we have so many different headlines moving the markets right now.