The (AUDUSD) is consolidating for a 3rd straight day near the May and April high. Odds are elevated for the AUDUSD to resume by next week, its bounce off just above the 2023 low.Â
The (AUDUSD) is reversing higher with today’s daily Hammer extending back towards this week’s high. The AUDUSD is once again in the early stages of trying to halt the slide from the 2023 high, with...
Currency markets have multiple drivers of their exchange rates. But crops? For the Aussie Dollar, yes, which leads to a consistent seasonal tendency for its currency appreciation.
The rise of the U.S. dollar in 2022 pushed the Australian dollar lower. However, since late last year, the A$ has been rising against the U.S. dollar. The Australian currency is highly sensitive to commodity...
The (AUDUSD)Â has consolidated roughly a month around downchannel resistance (on the weekly chart), with rising odds for a weekly close by mid January, above the 50% Fib retrace of the slide from the April...
The (AUDUSD) is edging higher as its month plus consolidation around downchannel resistance (on the weekly chart) approaches completion. Regardless of any retest of the consolidation range low next...
The (AUDUSD) is edging higher as its near month long consolidation around downchannel resistance (on the weekly chart) approaches completion. The AUDUSD has all but made a major bottom in October, halting...
The (AUDUSD) surged roughly 100 pips yesterday on the back of the FOMC and US Fed rate hike, halting the correction from early April. Yesterday’s break above downchanel resistance (on the 4hr chart)...
The (AUDUSD) appears to have halted the correction from early April, finding support at prior downchannel resistance (on the weekly chart). Yesterday’s break above downchanel resistance (on the 4hr...
The (FXA) ETF fund is the Australian dollar tracking fund that has an inception Date of 06/21/2006. With that said the fund mainly reflects the currency spot price of the AUDUSD pair. The data available...