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 07, 2011

Written By : ForexAbode.com || 2011-08-07 00:00:00 GMT

1. Aus: AIG Performance of construction Index (36.1)- positive as compared to the previous release (35.8). 2. Aus: Retail Sales MoM (-0.1%) - negative as compared to the forecasts (0.4%) but quite better than the previous release (-0.6%). 3. Aus: Trade balance data (2.05B)- negative as compared to the previous release (2.70B) as well as forecasts (2.23B). 4.

AUD/USD Weekly Outlook - Jul 31, 2011

Written By : ForexAbode.com || 2011-07-31 00:00:00 GMT

1. Aus: PPI (Producer Price Index) data for both QoQ and YoY- positive as compared to the previous release as well as forecasts. 2. Aus: Conference Board Australia Leading Index- quite negative as compared to the previous release. 3. Aus: CPI (Consumer price Index) year on year data- positive as compared to the previous release as well as forecasts. The QoQ data better than he forecasts but less than the previous release. 4.

AUD/USD Weekly Outlook - Jul 24, 2011

Written By : ForexAbode.com || 2011-07-24 00:00:00 GMT

1. Aus: Rising prices increase expectations for interest hike. 2. Aus: Not many market moving economic releases from Australia during the last week. 3. US: Net Long Term TIC Flows report quite negative as compared to the previous release as well as forecasts. 4. US: Housing Starts report positive as compared to the previous release as well as forecasts. 5.

AUD/USD Weekly Outlook - Jul 17, 2011

Written By : ForexAbode.com || 2011-07-17 00:00:00 GMT

1. Aus: Investment Landing for Homes report- quite positive as compared to the previous release. 2. Aus: Home Loans data- slightly negative as compared to the previous release as well as forecasts. 3. Aus: Westpac Consumer Confidence report was quite negative as compared to the previous release. 4. US: Trade Balance data - negative as compared to the previous release as well as forecasts. 5.

AUD/USD Weekly Outlook - Jul 03, 2011

Written By : ForexAbode.com || 2011-07-03 00:00:00 GMT

1. Aus: AIG performance for Manufacturing Index - quite positive as compared to the previous release. 2. Aus: HIA (Housing Industry Association) report (month on month) for New Home Sales- negative as compared to the previous release. 3. US: Consumer Confidence report- negative as compared to the previous release as well as forecasts. 4.

AUD/USD Weekly Outlook - Jun 26, 2011

Written By : ForexAbode.com || 2011-06-26 00:00:00 GMT

1. Aus: Westpac Leading Index (MoM) data- negative as compared to the previous release. 2. Aus: Conference Board Leading Index - better than the previous release. 3. US: Existing Home Sales Change report- negative as compared to the previous release as well as forecasts. The Existing Home Sales MoM data was slightly better than the forecasts but quite negative as compared to the previous release as well as forecasts. 4.

AUD/USD Weekly Outlook - Jun 19, 2011

Written By : ForexAbode.com || 2011-06-19 00:00:00 GMT

1. Aus: Housing Starts (QoQ) for Q1 - positive as compared to the previous release as well as forecasts. 2. Aus: China’s economy is likely to grow 9.6 percent this year while India gross domestic product will increase 8.2 percent. This is good for Australia's commodity exports. 3. US: PPI (Producer Price Index) ex Food & Energy (YoY) - Slightly better than the forecasts but same as the previous release. 4.

AUD/USD Weekly Outlook - Jun 12, 2011

Written By : ForexAbode.com || 2011-06-12 00:00:00 GMT

1. Aus: Reserve Bank increased inflation forecasts and said higher interest rates may be needed “at some point.” 2. Aus: Government next week will unveil spending cuts aimed at assuring a return to a budget surplus. An effort to contain theinflation at the cost of growth in the economy. 3. Aus: AiG Performance of Mfg Index better than the previous release. 4.

AUD/USD Weekly Outlook - May 22, 2011

Written By : ForexAbode.com || 2011-05-22 00:00:00 GMT

1. Aus: Home Loans data less than the forecasts but much better than the previous release. 2. Aus: Westpac Consumer Confidence data quite negative as compared to the previous release. 3. Aus: Expectations that the Reserve Bank of Australia will raise interest rates by 30 basis points over the next 12 months. 4. Aus: Overall economic outlook is good. 5.

AUD/USD Weekly Outlook - May 15, 2011

Written By : ForexAbode.com || 2011-05-15 00:00:00 GMT

1. Aus: Reserve Bank increased inflation forecasts and said higher interest rates may be needed “at some point.” 2. Aus: Government next week will unveil spending cuts aimed at assuring a return to a budget surplus. An effort to contain theinflation at the cost of growth in the economy. 3. Aus: AiG Performance of Mfg Index better than the previous release. 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.

Forex Trading Alerts subscription


Name:
Email:
Confirm Email:
7+13

We will send email alerts as soon as the Forex analysis is updated.
Request you to check the Junk (spam mail) folder immediately in case Google group mail is not received in Inbox.

Enter Forexabode Blog

Enter Forex Abode Community

Forex Rates