AUDUSD

US DOLLAR FORECAST – USD/CAD. AUD/USDThe U.S. dollar has rebounded recently, as traders have scaled back overly dovish interest-rate cut expectationsCurrent market dynamics may have room to consolidate in the near termThis article focuses…

Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter Most Read: US Dollar Forecast: Reversal Possible; Setups on EUR/USD, USD/JPY,…

FX Week Ahead (DXY, GBP/USD, AUD/USD and USD/JPY)Major event risk stemming from the UK: unemployment and inflation dataUS rates market ramps up the likelihood of cuts from March, bond yields sour, but DXY maintains trading range possibly on…

The AUDUSD technicals are closing what has been an up-and-down trading week with a bias to the downside. That is a result, of the price action that has taken the price back below the 200 and 100-hour MAs at 0.6711 and 0.6700. Staying below…

The AUDUSD has reversed back higher with the overall USD selling after the weaker ISM services data and the ambiguous US jobs report. The move higher has now taken the price back above the close from yesterday at 0.6706. A close above would…

US DOLLAR FORECAST – USD/JPY, AUD/USD, GOLDThe U.S. dollar, as measured by the DXY index, slides despite the advance in Treasury yieldsAll eyes will be on the U.S. employment report on FridayThis article analyzes the near-term outlook for…

Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling market commentary from the DailyFX team Subscribe to Newsletter AUD/USD price action on the longer-term weekly chart now sees AUD bulls retesting the…

AUDUSD holds onto gains above 50% midpointThe AUDUSD has consolidated the gains from yesterday which saw the pair move away from the 50% midpoint of the 2023 trading range. That midpoint level comes in at 0.67134. The high yesterday…

The AUDUSD moved sharply higher the last two days and in the process moved above the 50% of the 2023 range at 0.67134 on both trading days. Both days also stalled at 0.6728. Buyers of the shot on a number of attempts above the 50% midpoint,…

The FOMC rate decision will take place later at 2 PM with the Fed expected to keep rates unchanged. However, there is a lot of uncertainty from the details including the statement, the Fed Chair Powell comments, the "dot plot" and the…