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 - Sep 26, 2010

Written By : ForexAbode.com || 2010-09-26 00:00:00 GMT

Current 0.9590 Trend: Up Outlook: Bullish Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) Au: Minutes from the Reserve Bank of Australia’s meeting this month showed policy makers said higher interest rates may be needed to cope with the nation’s economic expansion.

AUD/USD Weekly Outlook - Sep 19, 2010

Written By : ForexAbode.com || 2010-09-19 00:00:00 GMT

Current 0.9363 Trend: Up Outlook: Bullish Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Consumer Inflation Expectation (Sep) release quite as compared to the previous release. 2) US: Concern that U.S. personal income taxes will increase next year caused an unexpected decline in consumer confidence in September.

AUD/USD Weekly Outlook - Sep 05, 2010

Written By : ForexAbode.com || 2010-09-05 00:00:00 GMT

Current 0.9166 Outlook:Volatile Sideways with some bearish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) Au: Australia’s central bank may resume raising Interest Rates in November and could start as early as October, Goldman Sachs Group Inc. said.

AUD/USD Weekly Outlook - Aug 14, 2010

Written By : ForexAbode.com || 2010-08-14 00:00:00 GMT

Current 0.8928 Trend:Correction during the upward movement. Outlook:Volatile Sideways with some bearish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Home Loans release negative as compared to the previous release as well as the expectations.

AUD/USD Weekly Outlook - Aug 01, 2010

Written By : ForexAbode.com || 2010-08-01 00:00:00 GMT

Current 0.9042 Trend:Slow uptrend. Outlook:Volatile Sideways with some more upward movement. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Gfk Consumer Confidence Survey data quite positive as compared to previous results as well as expectations. 2) AU: Consumer Price Index releases negative as compared to previous results as well as expectations.

AUD/USD Weekly Outlook - Jul 25, 2010

Written By : ForexAbode.com || 2010-07-25 00:00:00 GMT

Current 0.8957 Trend:Correction during Downward movement. Outlook:Sideways with mid-term bullish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Home Loans data release much better as compared to the expectations and previous release. 2) AU: Elections called in August.

AUD/USD Weekly Outlook - Jul 18, 2010

Written By : ForexAbode.com || 2010-07-18 00:00:00 GMT

Current 0.8689 Trend:Correction during Downward movement. Outlook:Sideways with mid-term bullish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Home Loans data release much better as compared to the expectations and previous release. 2) AU: Elections called in August.

AUD/USD Weekly Outlook - Jul 11, 2010

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

Current 0.8776 Trend:Correction during Downward movement. Outlook:Sideways with mid-term bullish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts. 1) AU: Payrolls jumped by 104,500 in the three months through June, driving the jobless rate to a 17-month low of 5.1 percent.

AUD/USD Weekly Outlook - Jun 27, 2010

Written By : ForexAbode.com || 2010-06-27 00:00:00 GMT

Current 0.8719 Trend:Correction during Downward movement. Outlook:Sideways with mid-term bearish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts.

AUD/USD Weekly Outlook - Jun 20, 2010

Written By : ForexAbode.com || 2010-06-20 00:00:00 GMT

Current 0.8719 Trend:Correction during Downward movement. Outlook:Sideways with mid-term bearish outlook. Fundamentals (Recent economic releases): Please refer daily charts and not short-term charts e.g. hourly charts.

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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