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 08, 2013

Written By : ForexAbode.com || 2013-09-08 00:00:00 GMT

Aussie - US Dollar (AUD/USD) had again fallen down after the previous outlook update and had gone down to 0.8892 but failed to test 0.8932 and rose strongly to 0.9217 before closing for the week at 0.9186. As we had been mentioning for past 4 weeks that we expected an upward consolidation sooner or later, the currency pair ultimately broke over the 55-day EMA resistance after failing near it time and again.

AUD/USD Weekly Outlook - Aug 25, 2013

Written By : ForexAbode.com || 2013-08-25 00:00:00 GMT

Aussie - US Dollar (AUD/USD) broke over the indicated 0.9215 but could not sustain and fell strongly from 0.9233. The currency pair touched 0.8932 before closing for the week at 0.9025. The another failure near the 55-day EMA and the subsequent strong fall keep the bearish outlook in place for AUD/USD.

AUD/USD Weekly Outlook - Aug 18, 2013

Written By : ForexAbode.com || 2013-08-18 00:00:00 GMT

Aussie - US Dollar (AUD/USD) broke below the 0.9087 support which we had mentioned during the last weekend but the break could not be termed as decisive. The two breaks below 0.9085 did not even last for 1 hour. The currency pair jumped up from the low of 0.9058 to 0.9215 before closing for the week at 0.9184. Overall price action remained in the sideways mode during the last week and the resistance continued to be near the 55-day EMA.

AUD/USD Weekly Outlook - Aug 11, 2013

Written By : ForexAbode.com || 2013-08-11 00:00:00 GMT

Aussie - US Dollar (AUD/USD) moved up as we had indicated during the last weekend. The upward move proved to be stronger than expected and the currency pair, even, broke over the 0.9180 resistance to go as high as 0.9214. The weekly closing was at 0.9203. Though the current price is at 55-day EMA resistance but the strong upward jump indicates that we can expect further consolidation.

AUD/USD Weekly Outlook - July 28, 2013

Written By : ForexAbode.com || 2013-07-28 00:00:00 GMT

Aussie - US Dollar (AUD/USD) remained in the sideways range and though some further consolidation took place as we had indicated during the last weekend but fell a little short from the indicated 0.9345. The currency pair found some resistance 27 pips below this level i.e. at 0.9318 and closed for the week at 0.9263. The sideways price action for AUD/USD continued below 0.9345.

AUD/USD Weekly Outlook - July 28, 2013

Written By : ForexAbode.com || 2013-07-28 00:00:00 GMT

Aussie - US Dollar (AUD/USD) declined further as we had indicated during the last weekend and went as low as 0.8870 before closing for the week at 0.8904. The overall outlook stays bearish for AUD/USD but there is some loss of momentum and the pull of 0.9000 psychological level may bring some upward consolidation. On the upside we expect resistance first in the range of 0.8969 to 0.8990.

AUD/USD Weekly Outlook - July 21, 2013

Written By : ForexAbode.com || 2013-07-21 00:00:00 GMT

Aussie - US Dollar (AUD/USD) moved as we had indicated during the last weekend but fell a little short from the indicated 0.9305. The currency pair found some resistance 13 pips below this level i.e. at 0.9292 and closed for the week at 0.9171. The sideways price action for AUD/USD continued below the previous resistances of 0.9305 and 0.9345. Both these level are not much below the 55-day EMA which is currently at 0.9356.

AUD/USD Weekly Outlook - July 14, 2013

Written By : ForexAbode.com || 2013-07-14 00:00:00 GMT

Aussie - US Dollar (AUD/USD) had moved up to 0.9305 but failed well ahead of 0.9345 resistance which we had mentioned 2 weeks back. The pair then moved towards the psychological 0.9000 as indicated in the same previous update. After touching 0.8998 the pair closed for the week at 0.9048.

AUD/USD And Psychological 0.9000

Written By : forexabode || 2013-06-30 02:22:45 GMT

AUD/USD has been falling without any stops since the interest rate decision came. We had covered this in this chart alert of the currency pair. The pair is approaching 0.9000 and a strong psychological support would be expected in those ranges.

AUD/USD Weekly Outlook - Jun 30, 2013

Written By : ForexAbode.com || 2013-06-30 00:00:00 GMT

Aussie - US Dollar (AUD/USD) found resistance 19 pips above 0.9326 resistance mentioned by us during last weekend and fell from 0.9345 to go as low as 0.9113 before closing for the week at 0.9139. The overall outlook stays strongly bearish for AUDUSD.

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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