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 - Aug 19, 2012

Written By : ForexAbode.com || 2012-08-19 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) inched downwards and broke the support of 1.0420 which was mentioned by us during last weekend. The currency pair went as low as 1.0410 before a bearish weekly closing at 1.0419. As of now our overall outlook for AUD/USD stays bullish but we expect some more downward consolidation. The current price is still above 55-day EMA support. AUD/USD has been moving in a set pattern i.e.

AUD/USD Weekly Outlook - Aug 12, 2012

Written By : ForexAbode.com || 2012-08-12 00:00:00 GMT

AAUD/USD Outlook :   The Aussie-Dollar (AUD/USD) went as high as 1.0613 i.e. 7 pips below the 1.0620 resistance mentioned by us during last weekend. The fall from this resistance found support well over 22-day EMA and the weekly closing was at 1.0576. On one hand there is a loss of momentum in the upward move and resistance face below 1.0620 level makes immediate outlook a bit mixed.

AUD/USD Weekly Outlook - Aug 05, 2012

Written By : ForexAbode.com || 2012-08-05 00:00:00 GMT

AUD/USD Outlook:   The Aussie-Dollar (AUD/USD) went as high as 1.0580 as indicated by us during the last weekend. There was some loss of momentum there and the price action during last week was sideways but the currency pair closed bullishly at 1.0571. AUD/USD has been moving in a set pattern i.e.

AUD/USD Weekly Outlook - Jul 29, 2012

Written By : ForexAbode.com || 2012-07-29 00:00:00 GMT

AUD/USD Outlook :   The Aussie-Dollar (AUD/USD) had a downward consolidation and went as low as 1.0172 i.e. to the support range we mentioned during the last weekend and recovered from there.

AUD/USD Weekly Outlook - Jul 22, 2012

Written By : ForexAbode.com || 2012-07-22 00:00:00 GMT

1. ADX: AUD/USD daily +DI and -DI lines have been having frequent crossovers since the first week of June. Most of the time +DI has been over -DI to indicate a bullish sentiment but with a weak momentum. The last crossover was bullish and the gap has widened sharply ADX is well below 25 but is rising to indicate increasing bullish sentiment (approx. 19.00 from last week's 13.00). 2.

AUD/USD Weekly Outlook - Jul 14, 2012

Written By : ForexAbode.com || 2012-07-14 00:00:00 GMT

1. Australia (AUD): National Australia Bank's Business Confidence: -3 and hence less than the previous -2. 2. Australia (AUD): Westpac Consumer Confidence: 3.7% against the previous release of 0.3%. 3. Australia (AUD): Home Loans: -1.2%, negative as compared to the forecasts (0.7%) as well as the previous 0.5%. 4. Australia: Employment: Unemployment Rate was 5.2%, same as the consensus ana slightly more than the previous release of 5.1%.

AUD/USD Weekly Outlook - Jun 23, 2012

Written By : ForexAbode.com || 2012-06-23 00:00:00 GMT

1. Australia (AUD): Conference Board Australia Leading Index: -1.4% against the previous -0.2%. 2. Australia (AUD): New Motor Vehicle Sales: Year on year change 22.4%, quite positive as compared the previous 6.7%. Same with month on moth change which was 2.4% against the previous -1.0% 3. US (USD): Housing Starts: 0.708 Million, negative as compared to the forecasts (0.720 M) as well as the previous 0.744 Million. 4.

AUD/USD Weekly Outlook - May 27, 2012

Written By : ForexAbode.com || 2012-05-27 00:00:00 GMT

1. Australia (AUD): Conference Board Australia Leading Index: 0.2% against the previous 0.0%. 2. Australia (AUD): Pessimistic news from China that China’s biggest banks may fall short of loan targets for the first time in at least 7 years because of economic slowdown and also from Europe is not good for this commodity currency. 3.

AUD/USD Weekly Outlook - May 12, 2012

Written By : ForexAbode.com || 2012-05-12 00:00:00 GMT

1. Australia (AUD): TD Securities Inflation (YoY): 1.9% against the previous 1.8%. 2. Australia (AUD): Private Sector Credit: Year on year change 2.3%, negative as compared to the forecasts (3.2%) as well as the previous 3.5%. Month on month change remained the same as the previous 0.4% though a little higher than expected 0.3%. 3. Australia (AUD): AiG Performance of Manufacturing Index: 43.9 against the previous 49.5. 4.

AUD/USD Weekly Outlook - May 06, 2012

Written By : ForexAbode.com || 2012-05-06 00:00:00 GMT

1. Australia (AUD): TD Securities Inflation (YoY): 1.9% against the previous 1.8%. 2. Australia (AUD): Private Sector Credit: Year on year change 2.3%, negative as compared to the forecasts (3.2%) as well as the previous 3.5%. Month on month change remained the same as the previous 0.4% though a little higher than expected 0.3%. 3. Australia (AUD): AiG Performance of Manufacturing Index: 43.9 against the previous 49.5. 4.

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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