AUD News Reviews 

AUD Daily Review June 25, 2019

AUD Daily Review for June 25, 2019 AUD/USD: Bulls dominate near fortnight top, 50-DMA Extending its week-long upward trajectory, the AUD/USD pair is trading near a fortnight top while quoting 0.6966 amid the early Asian session on Tuesday.   AUDUSD Rate Approaches Monthly High with US & China to Meet at G20 Recent price action in AUDUSD brings the monthly-high (0.7022) on the radar as the exchange rate extends the series of higher highs and lows from the previous week.   AUD/USD consolidates recent gains to 2-week tops, just above…

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AUD News Reviews 

AUD Daily Review June 24, 2019

AUD Daily Review for June 24, 2019 AUD/USD eases from tops, still well bid near mid-0.6900s The AUD/USD pair remained well bid through the early European session and remained well within the striking distance of near two-week tops set earlier   Forex Volatility: EURUSD, AUDJPY & USDCNH Eye Data, G20 Summit Currency volatility shows signs of creeping higher as traders digest the latest monetary policy stances from global central banks while speculation over US-China trade war progress at the upcoming G20 summit mounts.   USD Suffers as Key Support Breaks,…

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AUD News Reviews 

AUD Daily Review June 23, 2019

AUD Daily Review for June 23, 2019 AUD/USD seesaws near 0.6920 as buyers catch a breath under 21-DMA Following a strong increase due to the US Dollar (USD) decline and a broad rush towards commodities, the AUD/USD pair takes a halt during early Friday.   Gold hits a record high of AUD 2,030 Gold continues to surge across the globe with prices hitting record highs in Australia Dollar (A$) terms. XAU/AUD or gold prices in AUD terms is curre   AUDUSD Chart Analysis: Downtrend Expected to Resume After Bounce The…

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AUD News Reviews 

AUD Daily Review June 20, 2019

AUD Daily Review for June 20, 2019 AUD/USD awaits RBA’s governor Lowe AUD/USD is steady in early Asia, consolidated between a tight range having moved up from the 0.6832 lows of earlier in the week, boosted on trade talk   AUD/JPY technical analysis: Multi-day descending trend-line indicate further weakness With the sustained trading below short-term descending trend-line, AUD/JPY seems on the back foot while trading near 74.40 during the early Thursday.   AUD Recovers Fast Despite RBA Lowe Keeping Rate Cuts On Table The Australian Dollar dipped as the RBA…

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AUD News Reviews 

AUD Daily Review June 19, 2019

AUD Daily Review for June 19, 2019 AUD/JPY technical analysis: 100-HMA caps immediate upside Even after clearing 50-HMA, AUD/JPY is still left to cross the 100-HMA upside barrier as it takes the rounds to 74.56 during early Tuesday.   AUD/USD consolidates near 0.6875 ahead of the key day Having been buoyed by the upbeat risk sentiment, mainly due to the trade positive news, the AUD/USD pair stabilizes near 0.6875 during the early Wednesday.   Dalian iron ore jumps 6% to record highs on fresh trade optimism, will it help the…

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AUD News Reviews 

AUD Daily Review June 18, 2019

AUD Daily Review for June 18, 2019 AUD/JPY emphasizes on risk sentiment ahead of Aussie/China housing data With the US-China trade war and geopolitical tension between the US and Iran grabbing the spotlight, AUD/JPY remains on a back foot to 74.40.   RBA Minutes to Offer AUDUSD Little Relief Ahead of FOMC Meeting The RBA Minutes may do little to prop up AUDUSD ahead of the FOMC meeting as the exchange rate extends the series of lower highs and lows from the previous week.   GBPUSD Near-Term Outlook Bearish as…

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AUD News Reviews 

AUD Daily Review June 17, 2019

AUD Daily Review for June 17, 2019 AUD/USD: Bears catch a breath around 4-week low With fewer catalysts to dominate than the global trade pessimism, the AUD/USD pair takes the rounds near 0.6870 during the early Asian session on Monday.   AUD/JPY technical analysis: Oversold RSI questions bears targeting 2016 low Failure to sustain the break of July 2016 lows, mainly due to oversold RSI, presently questions AUD/JPY sellers as the pair seesaws near 74.66.   AUD/USD technical analysis: Intraday recovery falters near descending trend-channel resistance Meanwhile, technical indicators maintained…

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AUD News Reviews 

AUD Daily Review June 16, 2019

AUD Daily Review for June 16, 2019 USD/JPY and AUD/USD Forecast June 14, 2019 The US dollar fell during most of the trading session on Thursday against the Japanese yen, filling the gap from the beginning of the week. Interestingly eno…   AUDUSD Chart Analysis: Aussie Dollar Resumes Downtrend, Eyes 0.67 The Australian Dollar looks to have resumed the downtrend against its US counterpart, with chart positioning warning of a decline to test the 0.67 figure ahead.   NZDUSD, AUDUSD Tumble to Support. RBNZ, RBA Rate Cut Bets Deepen The…

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AUD News Reviews 

AUD Daily Review June 13, 2019

AUD Daily Review for June 13, 2019 AUD/USD clings to 0.6930, all eyes on monthly employment report Aussie traders gave little importance to welcome CPI figures from China amid global risk-off ahead of monthly employment data.   Lackluster Australia Employment Report to Keep AUDUSD Under Pressure A 16.0K expansion in Australia Employment may offer little relief to the recent decline in AUDUSD as the RBA appears to be on track to implement lower interest rates.   AUD/NZD technical analysis: 1.0500 becomes the key support confluence Although higher than expected Aussie…

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AUD News Reviews 

AUD Daily Review June 12, 2019

AUD Daily Review for June 12, 2019 AUD/USD remains on the defensive China inflation data AUD/USD continues to trade in the red near 0.6955 following the mixed Chinese inflation figures. The consumer price index (CPI) rose at annualized rat   AUD/JPY drops to intra-day low on mixed China inflation data Although Chinese CPI managed to post upbeat numbers, AUD/JPY traders emphasize more on the sluggish PPI on early Wednesday.   AUD/USD struggles near mid-0.6900s, over 1-week lows The AUD/USD pair remained depressed through the Asian session on Wednesday and dropped…

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