CCY - Delayed Quote • AUD USD/AUD (AUD=X) Follow 1.4936 -0.0034 (-0.22%) At close: May 18 at 5:50 AM GMT+1 All News AUD/USD Weekly Price Forecast – Aussie Dollar Continues to Look Noisy The Aussie continued to see a lot of noise during the week, as we broke out of a rectangle, and then turned around to show signs of support. Will it hold? That will be the biggest question at this point. AUD/USD Forecast – Australian Dollar Falls Toward Support on Friday The Aussie dollar has fallen during the early hours on Friday to reach a previous resistance barrier, thereby perhaps showing a bit of “market memory” if it holds as support. Obviously, this is going to be a pivotal trading session for the Aussie going forward. Asia FX weakens as dollar recovers amid waning rate cut cheer Investing.com-- Most Asian currencies retreated on Friday as the dollar recovered a measure of recent losses after a string of Federal Reserve officials warned that bets on interest rate cuts may be premature. AUD/USD Forecast – Aussie Continues to See Noisy Behavior The Australian dollar has seen a bit of a pullback at the dawn of Thursday, as the market may have gotten a little overdone. The market might be finding support at the point of the previous breakout. AUD/USD Forecast – Aussie Continues to Pressure The Upside The Aussie continues to pressure the upside overall at this point, but still has to deal with a major resistance barrier just above current trading levels. I suspect we are going to finally see some conclusion soon. AUD/USD Forecast – Aussie Continues to See Barrier Above The Australian dollar continues to see a lot of noise, with the overhead resistance causing a bit of a hesitation. AUD/USD Weekly Price Forecast – Aussie Continues to See Range The Aussie dollar has been somewhat positive this past week, but at the end of the day, it is still very much in the same range it has been in for what seems like a lifetime now. AUD/USD Forecast – Aussie Continues to Threaten The Resistance The Aussie has rallied over the last several sessions, but still sees a lot of noise above that could come into the picture to keep the market somewhat subdued. AUD/USD Forecast – Australian Dollar Shows Signs of Strength The Aussie dollar has rallied a bit after the employment numbers in the United States were less than desirable, but we are getting close to the top of the overall consolidation yet again. AUD/USD Forecast – Aussie Pulls Back From Resistance The RBA had an interest rate decision overnight, and the Aussie has shown little interest in trying to break out after. This could lead to even further consolidation? AUD/USD Forecast – Australian Dollar Continues to Threaten a Ceiling The Australian dollar has rallied a bit in the early hours on Monday, and as a result, we are testing the overall ceiling in the long-term consolidation area. AUD/USD Weekly Price Forecast – Australian Dollar Rallies After Jobs Report The Australian dollar has rallied at the end of the week after the jobs report came out of America smaller than anticipated. That being said, it looks like resistance is still holding true, so I’m not sure what has changed. AUD/USD Forecast – Aussie Continues to Rally The jobs numbers in the US have jolted the markets, as the USD gets pummeled. At this point, the real question will be whether or not the US rally is over? Only time will tell, but we have seen signs of it. AUD/USD Forecast – Aussie Continues to Bounce in a Range The Aussie continues to see a lot of sideways action, as the market is looking to find some kind of reason to make a bigger move. AUD/USD Forecast – Aussie Continues to Chop Back and Forth The Aussie continues to chop back and forth against the US Dollar, as we are stuck in a range and are also waiting for Jerome Powell. AUD/USD Forecast – Aussie Continues to Test Moving Averages The Aussie has pulled back from the 200 Day EMA on Tuesday, as the US Dollar has seen a bit of a resurgence ahead of the FOMC meeting. AUD/USD Forecast – Aussie Dollar Continues to Fight The Aussie has shown itself to be bullish again in the early hours of Monday, as we continue to see a lot of effort to reach the highs of the previous consolidation area. AUD/USD Weekly Price Forecast – Aussie Powers Higher For The Week The Australian dollar has seen a lot of noisy behavior, as recovery was on the menu this past week. At this point, we are in the middle of the overall consolidation area that has been so important in this pair. AUD/USD Forecast – Aussie Continues to Swim Upstream The Aussie dollar rallied on Friday, as we continue to see it swim upstream. The market was strong in the early hours of Friday but finds itself in the middle of the previous consolidation area. AUD/USD Forecast – Aussie Continues to Attempt a Move Higher The Aussie continues to see attempts to rally, as the market has possibly been overstretched to the downside. The market now look as if it is going to be running into a bit of trouble.
