AUDUSD

The US dollar weakened across the board last week due to a more pessimistic-than-expected FOMC decision, as the Fed decided to signal a further tapering of the QT period starting in June, and Fed Chair Powell also repeatedly backtracked on…

AUDUSD rose sharply after the US jobs report. The price rise pushed the pair above the 100-day moving average at 0.6580, a 50% move down from the December high of 0.66159 and up to the ceiling of the key swing zone between 0.6335 and…

The AUDUSD has traded higher for six straight days and is working on day seven. However, after rising in the Asian session today, sellers showed up near the key 100-day moving average. The 100-day moving average comes in at 0.6582. The high…

On Thursday, Citi announced its decision to exit a long position in the currency pair, citing recent economic data indicating potential risks to their initial outlook. The company entered the trade with expectations that the core personal…

The AUDUSD buyer took the price higher after the weaker ISM flash data and Richmond Fed manufacturing data. The prehire has now taken the price above the 38.2% retracement of the move down from the April high to the April low. The level…

AUD/USD just got rejected from a range resistance that’s been solid since the start of the year! Will more AUD bears jump in to drag the pair lower? We’re taking a closer look at the 4-hour chart: AUD/USD 4-hour Forex Chart by…

Most Read: SPY and QQQ Seem Overbought but RSP Looks AttractiveMarket psychology can be a powerful force, often leading the retail crowd to follow the herd. However, experienced traders recognize the potential for profitable opportunities…

This article explores the technical outlook for the Australian dollar, focusing primarily on AUD/USD and AUD/JPY. For a more comprehensive perspective, access the fundamental forecast by downloading the complete second-quarter trading…

This article focuses on the fundamental outlook for the Australian dollar. If you would like to learn more about technical forecast and price action analysis, download DailyFX’s complete second-quarter forecast by clicking the link below.…

Missed the breakout on AUD/USD? You see, the pair already busted through the neckline of its double bottom pattern last week, suggesting that an uptrend might be in the cards. There might be another chance to catch the reversal if you’re…