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 Weekly Outlook - Oct 21, 2012

Written By : ForexAbode.com || 2012-10-21 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) had jumped up strongly on some good economic data from China. The pair went as high as 1.0411 but found strong resistance at a very thing daily Ichimoku cloud level (please check the technical outlook page).

AUD/USD outlook - 2012/10/16

Written By : forexabode || 2012-10-15 23:36:03 GMT

AUD/USD has seen some recovery and today we will just talk about various facts which may influence the price action in the coming days.

AUD/USD Weekly Outlook - Oct 14, 2012

Written By : ForexAbode.com || 2012-10-14 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) had gone as low as 1.0149 but found support above the support level mentioned last week i.e. 1.0100. The currency pair then recovered to 1.0293 before closing for the week at 1.0233. Our outlook for AUD/USD stays same that we expect further downward consolidation. For the next week initially we stay neutral as some extended sideways movement may take place.

Australian Employment Data and AUD/USD

Written By : forexabode || 2012-10-11 04:19:23 GMT

Just now the Australian Employment data was released and AUD/USD jumped very strongly. Australian Employment - Key Facts: Employment Change: The employment change in August was -9.1K and the consensus for September 2012 was for 3.75K but the data released was much stronger and showed a rise in the employment by 14.5K.

AUD/USD Weekly Outlook - Oct 07, 2012

Written By : ForexAbode.com || 2012-10-07 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) broke the support expected at 1.0163 as mentioned during last weekend and went as low as 1.0152 before closing for the week at 1.0186. The break of 1.0163 and then the weekly closing below 1.0200 by finding the resistance neat 5-day EMA indicates continuing bearish outlook. On the downside we still expect some support near 1.0100.

AUD/USD outlook - 2012/10/03

Written By : forexabode || 2012-10-03 00:56:41 GMT

The Fall of AUD/USD   AUD/USD Had fallen more strongly after the unexpected interest rate cut by Reserve Bank of Australia yesterday. The interest rate was cut to 3.25% from 3.50%. Australian Dollar like any other commodity currency comes under bearish pressure when global economic uncertainties are on rise.

AUD/USD Weekly Outlook - Sep 30, 2012

Written By : ForexAbode.com || 2012-09-30 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) had gone down as low as 1.0328 during the last week but had a strong jump to 1.0473. The upward move could not sustain and the subsequent fall took the currency pair to 1.0366 before the pair closed for the week at 1.0378. Past 5 week's price action make the near-term outlook of AUD/USD a bit mixed.

AUD/USD Weekly Outlook - Sep 09, 2012

Written By : ForexAbode.com || 2012-09-09 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) had move as expected and mentioned 2 weeks back. The currency pair not only completed the mentioned 38.2% retracement (upward move during June 1st and August 9th ) towards 1.0220 but went as low as 1.0163 but jumped up strongly before reaching the 50% retracement level.

AUD/USD outlook

Written By : himanshu || 2012-09-04 07:30:13 GMT

As expected AUD/USD moved down towards the 38.2% retracement of the upward move during June 1st to August 9th. The pair found support just near that level and jumped up. The upward move has taken it towards the 5-day EMA. Recently every upward jump has been finding resistance near that level. Please see the green EMA line in the daily chart.

AUD/USD Weekly Outlook - Aug 26, 2012

Written By : ForexAbode.com || 2012-08-26 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) went up 4 pips above the  resistance zone of 1.0540/1.0541 zone mentioned by us during last weekend and fell strongly from there.

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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