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Post Tagged with: "AUD/USD Technical Analysis"

AUD/USD Outlook December 5-9

AUD/USD Outlook December 5-9

The Australian dollar had a banner week against the US dollar, climbing  nearly 300 points in one day, and closing up almost 400 points higher for the week. The outstanding gains resulted from the move by the world’s largest central banks to boost liquidity in response to the eurozone crisis. The upcoming week is quite busy in terms of events. Here

AUD/USD Outlook November 21-25

AUD/USD Outlook November 21-25

The Aussie took a big dive, and hardly managed to hold on to parity with the greenback. The upcoming week is quite light in terms of events, but the action will likely continue. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The ongoing debt crisis in Europe continues to dominate

AUD/USD Headed Lower While Below 1.0340

AUD/USD Headed Lower While Below 1.0340

After a rise from the 1.0048 area seen at the end of the past week, we came out with an irregular formation in wave B)/2). As such, our bias remains clearly to the downside. In fact, wave B)/2) may have already found a pick around 1.0340 if we consider  impulsive fall on the intra-day basis

AUD/USD Outlook November 14-18

AUD/USD Outlook November 14-18

The Aussie suffered from another week of losses, gradually erasing previous gains. Meeting minutes from the recent decision to cut the rates is the main event of the week. Here is an outlook for the upcoming events, and an updated technical analysis for AUD/USD. Employment figures came out within expectations, with a gain of 10K jobs and

AUD/USD Outlook November 7-11

AUD/USD Outlook November 7-11

The Aussie had quite a rough week, ending significantly lower and erasing previous gains. Another busy week awaits us. Employment data is the highlight of 11 events. Here is an outlook for the events and an updated technical analysis for AUD/USD. Glenn Stevens acknowledged the global slowdown and easing inflation and cut the interest rate to 4.50%.

AUD/USD Outlook – Oct. 31 – Nov. 4

AUD/USD Outlook – Oct. 31 – Nov. 4

The Aussie had another volatile week that provided quite a few opportunities and it eventually ended it on higher ground. The upcoming week is very busy, with the rate decision being the highlight of 12 events. Here’s an outlook for these events, and an updated technical analysis for AUD/USD. The moderate rise in prices leaves room for

AUD/USD Outlook – October 24-28

AUD/USD Outlook – October 24-28

The Aussie traded in a choppy manner and eventually managed to recover early losses and close a bit higher.Where is it going from here? Quarterly inflation figures are the highlights of this week. Here is an outlook for the Australian events and an updated technical analysis for AUD/USD The big question of the character of the Chinese

AUD/USD Outlook – October 17-21

AUD/USD Outlook – October 17-21

The Aussie continued its huge rally. Has it reached the limit for now? The meeting minutes from the recent rate decision is the highlight of this week’s Australia events. Here is an outlook for the Australian events and an updated technical analysis for AUD/USD. Job figures came out better than expected, but they might be a correction, rather

AUD/USD Outlook – October 10-14

AUD/USD Outlook – October 10-14

The Aussie had another roller coaster week, ranging 500 pips. Lots of action! The upcoming week features important employment figures among other events. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD. The Australian dollar fell to a one year month low against the greenback on global worries and some hints

AUD/USD Outlook – October 3-7

AUD/USD Outlook – October 3-7

The Aussie dropped for a fourth week in a row. Will it continue lower at the beginning of the fourth quarter? We have a very busy week, with the rate decision in the limelight. Here is an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in lower ground.  More signs of slowdown