Share: AUD/USD catches aggressive bids on Friday and draws support from a modest USD weakness. The risk-on impulse undermines the safe-haven buck and benefits the risk-sensitive...
Share: AUD/USD gains some positive traction amid a modest USD pullback from a two-month high. A positive risk tone prompts some USD profit-taking and benefits the...
Share: AUD/USD fails to extend the corrective bounce off multi-day low inside ascending trend channel. Short-term falling resistance line produces recovery moves. Below-50 levels of RSI...
Share: AUD/USD rebounds from 0.6865-70 support confluence to consolidate biggest daily loss in two weeks. Convergence of head-and-shoulders’ neckline, two-month-old ascending trend line bears challenges. Buyers...
Share: China’s state media is reporting some encouraging comments from Chinese President Xi Jinping on Thursday. Key quotes “Willing to share ultra-large-scale markets, complete industrial systems...
Share: January month employment statistics from the Australian Bureau of Statistics, up for publishing at 00:30 GMT on Thursday, will be the immediate catalyst for the...
Share: AUD/USD consolidates the biggest daily loss in a fortnight at weekly low. Strong US data saw Treasury bond yields, US Dollar run-up. RBA’s Lowe fails...
Share: What you need to take care of on Thursday, February 16: The US Dollar remained strong on Wednesday, with demand for the Greenback easing ahead...
Share: AUD/USD The bears are seeking a significant run to 0.6720 while the bulls need to get above 0.6920 and then 0.7000. 0.6870 is seen as...
Share: AUD/USD meets with heavy supply on Wednesday and dives back closer to the weekly low. Rising bets for additional rate hikes by the Fed push...
Share: AUD/USD takes offers to refresh intraday low, prints first daily loss in three. RBA’s Lowe fails to impress hawks despite citing inflation woes. Failures to...
Share: AUD/USD remains depressed at intraday low, snaps two-day winning streak. RBA Governor Lowe’s testimony before the Senate Economics Legislation Committee appears less hawkish. Fed policymakers...
Share: AUD/USD fades upside momentum after refreshing one-week high, probes two-day winning streak. US Dollar traces yields to rebound despite softer US inflation data, hawkish Fed...
Share: AUD/USD has corrected marginally to near 0.6950, however, the upside looks favoured. The upward-sloping trendline placed from 0.6629 is providing a cushion to the Australian...
Share: AUD/USD is facing soft barricades around 0.6970 ahead of the US Inflation data. A surprise rise in the US CPI figure could damp the market...
Share: AUD/USD encountered support around 0.6890 and climbed back above 0.6950. Inflation in the United States is estimated to cool down, as CPI and Core CPI...
Share: On the hourly chart, 0.6950 is a key level that if broken, could seal a bullish thesis for the days ahead. Bears eye a move...
Share: AUD/USD finished the week above 0.6900, up 0.04%. Consumer sentiment in the United States improved while inflation expectations rose. AUD/USD traders are eyeing RBA’s Governor...
Share: AUD/USD comes under some selling pressure on Friday amid some follow-through USD buying. Hawkish Fed expectations push the US bond yields higher and continue to...
Share: AUD/USD holds onto the previous day’s bearish technical confirmation as China data favored bears. China CPI, PPI both disappoint with softer numbers for January. Downside...