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 - May 08, 2011

Written By : ForexAbode.com || 2011-05-08 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 01, 2011

Written By : ForexAbode.com || 2011-05-01 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 - Nov 28, 2010

Written By : ForexAbode.com || 2010-11-28 00:00:00 GMT

Fundamentals (Recent economic releases): 1. Aus: Tensions between North Korea and South Korea after North Korea's shelling of North Korean island. Any increased tension will have a negative effect for growth linked currencies or currencies for more risk appetite. 2. Aus: Australian central bank Governor Glenn Stevens said that Inflation is in the targeted range and hence interest rates are appropriate.

AUD/USD Weekly Outlook - Nov 14, 2010

Written By : ForexAbode.com || 2010-11-14 00:00:00 GMT

Current 0.9843 Trend: volatile sideways/Down Outlook:Bullish but some downward consolidation should take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1. AUs: Employment Change negative as compared to the previous release but better than the forecasts. 2.

AUD/USD Weekly Outlook - Nov 07, 2010

Written By : ForexAbode.com || 2010-11-07 00:00:00 GMT

Current 1.0158 Trend: Short term volatile sideways/Down, longer term: Up Outlook:Bullish but some downward consolidation should take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1. Aus: Consumer Price Index Year on Year data negative as compared to the previous releases as well as the forecasts. 2.

AUD/USD Weekly Outlook - Oct 30, 2010

Written By : ForexAbode.com || 2010-10-30 00:00:00 GMT

Current 0.9837 Trend: Short term volatile sideways/Down, longer term: Up Outlook:Bullish but some downward consolidation should take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1. Aus: Consumer Price Index Year on Year data negative as compared to the previous releases as well as the forecasts. 2.

AUD/USD Weekly Outlook - Oct 24, 2010

Written By : ForexAbode.com || 2010-10-24 00:00:00 GMT

Current 0.9908 Trend: Up Outlook: Bullish but some downward consolidation may take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) Aus: Australian companies have made or announced $53.7 billion of purchases abroad this year as the currency reached parity with the U.S.

AUD/USD Weekly Outlook - Oct 17, 2010

Written By : ForexAbode.com || 2010-10-17 00:00:00 GMT

Current 0.9908 Trend: Up Outlook: Bullish but some downward consolidation may take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts.

AUD/USD Weekly Outlook - Oct 10, 2010

Written By : ForexAbode.com || 2010-10-10 00:00:00 GMT

Current 0.9849 Trend: Up Outlook: Bullish but some downward consolidation may take place. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts.

AUD/USD Weekly Outlook - Oct 02, 2010

Written By : ForexAbode.com || 2010-10-02 00:00:00 GMT

Current 0.9727 Trend: Up Outlook: Bullish Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g.

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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