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 - Jan 21, 2012

Written By : ForexAbode.com || 2012-01-21 00:00:00 GMT

1. Australia: TD Securities Inflation: MoM, 0.5% against the previous -0.1%. YoY 2.4% against the previous 2.1% 2. Australia: ANZ Job Advertisements: -0.9% against the previous 0.1%. 3. Australia: Home Loans: 1.4%, positive as compared to the forecasts (1.1%) as well as the previous release (0.8%). 4. Australia: Westpac Consumer Confidence: 2.4% against the previous -8.3%. 5.

AUD/USD Weekly Outlook - Jan 14, 2012

Written By : ForexAbode.com || 2012-01-14 00:00:00 GMT

1. Australia: AiG performance for Construction Index: 41.0 against the previous release of 39.6. 2. Australia: HIA New Home Sales (MoM): 6.8% against the previous release of 5.5%. 3. Australia: Retail Sales (MoM): 0.0%, negative as compared to the forecasts (0.4%) as well as the previous release (0.0%). 4.

AUD/USD Weekly Outlook - Jan 08, 2012

Written By : ForexAbode.com || 2012-01-08 00:00:00 GMT

1. Australia: AiG Performance of Manufacturing Index: 50.2, better than the previous 47.8. 2. Australia: AiG Performance of Services Index: 49.0, better than the previous 47.7. 3. Australia: Trade Balance: 1.38 Australian Dollars, negative as compared to the forecasts (2.0B Aussie) as well as the previous release AUD 1.42B). 4.

AUD/USD Weekly Outlook - Dec 18, 2011

Written By : ForexAbode.com || 2011-12-18 00:00:00 GMT

1. Australia: Home Loans: 0.7%, better than the forecasts of 0.0% but quite less than the previous 2.2%. 2. Australia: Trade balance 1.595 Billion Australian Dollars, negative as compared to the forecasts (AUD 2.000B) as well as the previous release (AUD 2.560B). 3. Australia: Housing Starts (QoQ): -6.8%, negative as compared to the previous -4.7%. 4.

AUD/USD Weekly Outlook - Dec 11, 2011

Written By : ForexAbode.com || 2011-12-11 00:00:00 GMT

1. Australia: AIG performance of Services Index: 47.7 against the previous data of 48.8. 2. Australia: AIG Performance of Construction Index: 39.6, quite better than the previous 34.7. 3. Australia: TD Securities Inflation (YoY): 2.1% against the previous 2.6%. 4. Australia: Current Account Balance: -5.6B, little less than the forecasts of -5.5B but better than the previous data of -6.7B Australian Dollars. 5.

AUD/USD Weekly Outlook - Dec 04, 2011

Written By : ForexAbode.com || 2011-12-04 00:00:00 GMT

1. Australia: HIA New Home Sales (MoM): 5.5%, quite better than the previous -3.5%. 2. Australia: Private Sector Credit: Year on year 3.5%, little less than the forecasts of 3.6% and slightly better than the previous 3.4%. The month on month data was 0.2% which was quite less than the forecasts of 0.4% and previous 0.5%. 3.

AUD/USD Weekly Outlook - Nov 27, 2011

Written By : ForexAbode.com || 2011-11-27 00:00:00 GMT

1. Australia: HIA New Home Sales (MoM): 5.5%, quite better than the previous -3.5%. 2. Australia: Private Sector Credit: Year on year 3.5%, little less than the forecasts of 3.6% and slightly better than the previous 3.4%. The month on month data was 0.2% which was quite less than the forecasts of 0.4% and previous 0.5%. 3.

AUD/USD Weekly Outlook - Nov 20, 2011

Written By : ForexAbode.com || 2011-11-20 00:00:00 GMT

1. Australia: Not many important economic releases during the previous week. 2. US: PPI ex Food & Energy: 2.8%, slightly less than the forecasts of 2.9% but better than the previous release of 2.5%. 3. US: Retail Sales ex Autos (MoM): 0.6%, positive as compared to the forecasts a0.2%) as well as the previous release (0.5%). 4. US: Retail Sales (MoM): 0.5%, better than the forecasts of 0.3% but quite less than the previous 1.1%. 5.

AUD/USD Weekly Outlook - Nov 13, 2011

Written By : ForexAbode.com || 2011-11-13 00:00:00 GMT

1. Australia: AIG Performance of Construction Index: 34.7, hence better than the previous 30.0. 2. Australia: Trade Balance: 2.56 Billion Australian Dollars, negative as compared to the forecasts (3.04B) as well as the previous release (2.95B). 3. Australia: National Australia Bank's Business Confidence: 2, positive as compared to previous -1. 4. Australia: Westpac Consumer Confidence: 6.3% and quite better than the previous 0.4%. 5.

AUD/USD Weekly Outlook - Oct 30, 2011

Written By : ForexAbode.com || 2011-10-30 00:00:00 GMT

1. Australia: Producer Price Index (YoY): 2.7%, negative as compared to the forecasts (2.9%) as well as the previous release (3.4%). The quarter on quarter data (0.6%) was also negative as compared to the forecasts (0.8%) as well as the previous release (0.8%). 2. Australia: Conference Board Australia Leading Index: -0.1% against the previous 0.0%. 3.

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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