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 Fundamental Analysis & Economic Strength Meter - July 12, 2014

Written By : ForexAbode.com || 2014-07-11 18:21:04 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 11, 2014

Written By : ForexAbode.com || 2014-07-11 04:30:10 GMT

Current Exchange Rate 0.9399 at the time of analysis update. Intraday outlook: Neutral. The resistance at 0.9505 and failure to sustain above the strong psychological level of 0.9500 keep the possibilities of further downward correction in the picture. However the continuous support near 55-day EMA keeps the immediate outlook neutral for AUD/USD. On the downside the support is holding over June 18th's 93.22.

AUD/USD Weekly Outlook - July 7 to 11, 2014

Written By : ForexAbode.com || 2014-07-05 22:14:24 GMT

AUD/USD fell strongly after touching 0.9505. The currency pair went as low as 0.9328 before closing for the week at 0.9364. The fall suggests that the psychological resistance of 0.9500 is strongly in the picture. With such a move, further corrective moves cannot be ruled out. The daily MACD's bearish crossover with the signal line also suggests further weakness.

AUD/USD Fundamentals and Economic Strength Meter - July 5, 2014

Written By : ForexAbode.com || 2014-07-04 19:39:21 GMT

The AUD/USD fundamentals are 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 - June 19, 2014

Written By : ForexAbode.com || 2014-06-19 06:33:21 GMT

Current Exchange Rate 0.9412 at the time of analysis update. Intraday outlook:  Soon after finding a very strong resistance at 0.9437, the currency pair again found a resistance 6 pips below at 0.9431. Upward gains can not be ruled out as long as the price action stays above 0.9393 but AUD/USD is clearly showing that the psychological resistance of 0.9500 is proving strong. We are staying neutral for the pair.

AUD/USD Analysis - June 18, 2014

Written By : ForexAbode.com || 2014-06-18 06:04:41 GMT

Current Exchange Rate 0.9337 at the time of analysis update. Intraday outlook:  As we had mentioned yesterday that AUD/USD is clearly showing that the psychological resistance of 0.9500 is proving strong. We are staying neutral for the pair. On the downside a good support is expected near 0.9310 and if that holds then further gains towards 0.9460 or more will be expected.

AUD/USD Analysis - June 17, 2014

Written By : ForexAbode.com || 2014-06-17 06:24:45 GMT

Current Exchange Rate 0.9361 at the time of analysis update. Intraday outlook:  AUD/USD's recent resistance was 0.9437 and that had come well below the previous 9461. This indicates that the psychological resistance of 0.9500 is strongly in the picture.

AUD/USD - Will the fundamental fury sustain?

Written By : forexabode || 2014-05-29 03:35:11 GMT

Australian dollar jumped up very strongly in the Asian morning session. AUD/USD saw a jump of 55 pips in the matter of minutes.

AUD/USD Weekly Outlook - May 26 to 30, 2014

Written By : ForexAbode.com || 2014-05-25 00:46:33 GMT

AUD/USD had fallen sharply and touched the low of 0.9209 but remained in a sideways mode during the later part of the last week before closing for the week at 0.9229. The recent low was slightly above the previous strong support of 0.9202.

AUD/USD Weekly Outlook - May 19 to 23, 2014

Written By : ForexAbode.com || 2014-05-18 02:20:07 GMT

AUD/USD broke over last week's high of 0.9394 to touch 0.9409 but practically remained in sideways mode before closing for the week at 0.9356. The pair is struggling with 55-week EMA and also against the psychological resistance of approaching 0.9500 ranges. The overall near-term bullish outlook is intact but considering the above mentioned resistances, we stay neutral initially. On the downside a support is expected at or above 0.9316.

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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