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 Outlook - Week of August 4th, 2014

Written By : ForexAbode.com || 2014-08-03 06:01:04 GMT

AUD/USD continued its fall with increasing downward momentum to touch 0.9275 before closing for the week at 0.9311.   The fall not only took out the 55-day EMA support, which the pair has not been able to break decisively till now but the support of 0.9319 was also failed.

AUD/USD Fundamental Analysis & Economic Strength Meter - August 2, 2014

Written By : ForexAbode.com || 2014-08-01 18:10:16 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. AUD/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from Australia and the U.S., which may affect the relative strength of the Australian dollar versus U.S.

AUD/USD Weekly Outlook - July 28 to August 1, 2014

Written By : ForexAbode.com || 2014-07-27 02:46:44 GMT

AUD/USD had jumped up to 0.9478 but fell immediately to 0.9392 before closing for the week at 0.9397.   The currency pair had broken above 0.9459 resistance as well as 0.9365 resistance as we had mentioned in the daily analysis update on July 23rd. However, the break above 0.9459 was very brief and practically the resistance was faced at 0.9356.

AUD/USD Fundamental Analysis & Economic Strength Meter - July 26, 2014

Written By : ForexAbode.com || 2014-07-25 18:37:09 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. AUD/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from Australia and the U.S., which may affect the relative strength of the Australian dollar versus U.S.

AUD/USD Analysis - July 23, 2014

Written By : ForexAbode.com || 2014-07-23 02:55:26 GMT

Current Exchange Rate 0.9447 at the time of analysis update. Intraday outlook: . AUD/USD jumped up strongly today to take out 0.9416 resistance. The upward jump was after the year-on-year CPI data came as 3% against the previous 2.9%. The reserve bank of Australia's mean CPI data also came out good.

AUD/USD Analysis - July 22, 2014

Written By : ForexAbode.com || 2014-07-22 03:14:57 GMT

Current Exchange Rate 0.9392 at the time of analysis update. Intraday outlook: . AUD/USD has been in a sideways mode below 0.9416 for past two weeks, except one occasion when it tested 0.9459 and failed. Till the price-action stays below 0.9416 resistance, the possibilities of some downward moves can not be ruled out. However, on the downside a support was witnessed exactly at 0.9329, two times, on July 3rd and July 16th.

AUD/USD Fundamental Analysis & Economic Strength Meter - July 20, 2014

Written By : ForexAbode.com || 2014-07-19 19:42:40 GMT

The AUD/USD fundamental analysis is updated weekly. This is mainly derived from the recent major economic releases and news. AUD/USD economic strength meter at the bottom shows the relative strength or weakness of the recent economic releases and news from Australia and the U.S., which may affect the relative strength of the Australian dollar versus U.S.

AUD/USD Analysis - July 16, 2014

Written By : ForexAbode.com || 2014-07-16 04:48:54 GMT

Current Exchange Rate 0.9347 at the time of analysis update. Intraday outlook: . AUD/USD has been continuously testing the 55-day EMA support repeatedly since June 18th, as we had mentioned yesterday also. The recent break of that support suggests that we can expect some more downward consolidation.

AUD/USD Analysis - July 15, 2014

Written By : ForexAbode.com || 2014-07-15 06:11:04 GMT

Current Exchange Rate 0.9372 at the time of analysis update. Intraday outlook: . AUD/USD has been testing the 55-day EMA support repeatedly since June 18th. Recently it broke that support after several attempts but managed to recover again. The currency pair is once again testing that support and we, now, expect a downward breakout.

AUD/USD Weekly Outlook - July 14 to 18, 2014

Written By : ForexAbode.com || 2014-07-13 02:29:11 GMT

AUD/USD had touched 0.9341 and then attempted another recovery but failed at 0.9459 and remained in a sideways mode. The closing for the week was at 0.9391. As we had mentioned during Friday's AUD/USD daily analysis, the failure to sustain over 0.9500 had suggested that the psychological resistance of that level is rather strong.

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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