AUD/USD - Analysis, Outlook and Forecasts

AUD/USD (Australian versus US dollar) outlook and forecast is written by the team of ForexAbode's in-house analysts and is followed by the traders around the world. The outlook takes into account the various factors which can affect the future price-action of AUD/USD. The factors to analyze the outlook are geo-political news, fundamentals including major economic releases and technical factors but most importantly we focus on the price-action analysis.

 

The outlook reflects our views for short-term to mid-term movement. However, sometimes the analysis takes into account the price data which may span many years and have a longer-term view. These are also supported by our very popular chart alerts.

 

The weekly analysis includes the predictions for the next week's expected moves for the Aussie and the US dollar. However, the forecast is not only limited to the coming week but is applicable for the overall expectations for the near-term to longer-term. Apart from the weekly forecasts we also update AUD/USD daily technical analysis, which presents our views about the price action from short-term perspective.

 

You may also like to check the daily resistance and support levels at AUD/USD pivot points.

 

AUD/USD Analysis - July 03, 2015

Written By : ForexAbode.com || 2015-07-03 05:47:07 GMT

Current Exchange Rate 0.7529 at the time of analysis update. Intraday outlook: . AUD/USD moved the wat we indicated yesterday. The pair did not only touched the target of 0.7533 but went as low as 0.7511. We are BEARISH for the pair and still favor the outlook that any break below the psychological level of 0.7500 should take it towards 0.7300 ranges.

AUD/USD Analysis - July 02, 2015

Written By : ForexAbode.com || 2015-07-02 06:15:56 GMT

Current Exchange Rate 0.7596 at the time of analysis update. Intraday outlook: . We expect resistance at or below 0.7625 and with this resistance in place and a break below 0.7587 the pair is expected to test 0.7540 to 0.7533 support zone.

AUD/USD Analysis - June 26, 2015

Written By : ForexAbode.com || 2015-06-26 06:11:32 GMT

Current Exchange Rate 0.7661 at the time of analysis update. Intraday outlook: . The break below the expected support of 0.7779 has made the bearish sentiments stronger. Further decline is now expected for AUD/USD.

AUD/USD Analysis - June 23, 2015

Written By : ForexAbode.com || 2015-06-23 06:23:44 GMT

Current Exchange Rate 0.7708 at the time of analysis update. Intraday outlook: . The recent price-action of AUD/USD has fallen into an ascending triangle pattern. The current price is near the support trend line and that keeps the short-term bearish sentiments in check, even though overall we expect further decline towards 0.7670 or more. For short-term trades we stay neutral.

AUD/USD Weekly Outlook - January 5th to 9th, 2015

Written By : ForexAbode.com || 2015-01-04 04:28:23 GMT

AUD/USD had tried to move up but failed at 0.8216, which was near 22-day EMA. The price then broke below the low of the recent range of 0.8088 to touch 0.8078 before closing for the week at 0.8089. Fundamental Facts Being a commodity currency the Australian dollar is venerable when ever any negative signs for global economy come into the picture. The U.S. dollar is getting stronger but the sentiments about the euro-zone are quite weak.

AUD/USD Analysis - December 11, 2014

Written By : ForexAbode.com || 2014-12-11 04:08:34 GMT

Current Exchange Rate 0.8279 at the time of analysis update. Intraday outlook: . Yesterday we had mentioned a resistance at 0.8372, the resistance came 3 pips above that at 0.8375 and AUD/USD fell sharply. We do expect a retest of 0.8237 first and then possibly some further decline. However, a strong support will be expected in the range of 0.8224 to 0.8240. On the upside a resistance is expected to hold below 0.8380.

AUD/USD Analysis - December 10, 2014

Written By : ForexAbode.com || 2014-12-10 04:59:48 GMT

Current Exchange Rate 0.8326 at the time of analysis update. Intraday outlook: . Some more upward correction can not be overruled for AUD/USD. However, we expect resistance to hold at 0.8372. Even if this resistance fails, we would expect the recovery to be limited to 0.8420. With these resistances holding, we expect further decline. The weak Chinese economic data keeps the bearish sentiments for the Australian dollar in place.

AUD/USD Fundamental Analysis & Economic Strength Meter - August 17, 2014

Written By : ForexAbode.com || 2014-08-17 04:48:15 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. AUD/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from Australia and the U.S., which may affect the relative strength of the Australian dollar versus U.S.

AUD/USD Weekly Outlook - August 11 to 15, 2014

Written By : ForexAbode.com || 2014-08-10 02:14:30 GMT

AUD/USD tried recovery but failed at 0.9374 and fell sharply to 0.9240 before closing for the week at 0.9277. The fall came from the combined resistances of Kijun-line and lower edge of the daily Ichimoku cloud and 55-day EMA resistance and fueled the near-term bearish sentiments further. We had indicated resistance at 0.9367 during the last weekend and the resistance came just 7 pips above that.

AUD/USD Fundamental Analysis & Economic Strength Meter - August 9, 2014

Written By : ForexAbode.com || 2014-08-08 21:36:02 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. AUD/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from Australia and the U.S., which may affect the relative strength of the Australian dollar versus U.S.

Interest rate difference of AUD and USD

AUD to USD Interest Rates Comparison
(For Carry Trades)
Australian dollar (AUD) interest rate
2.50%
US Dollar (USD) interest rate
0.25%
AUD/USD interest rate comparison
2.25%

Overall Price Action Trend of AUD/USD

AUD/USD historical chart of 10 years showing the overall trend.

In 2008 the Australian dollar came close to parity level with the US dollar but failed at 0.9849 and went down very strongly to 0.6013. It was during October 2010 when the currency pair finally broke over the parity as you may see on the above historical price-action chart of AUD/USD.

From October 2010 to April 2013 the currency pair has been trying to sustain above the parity level but lost momentum. During the period it broke below the parity level but it was May 2013 when it had a decisive break below the parity level and since then it has been staying below that level.

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