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 And Possible Supports And Resistances

Written By : forexabode || 2013-03-10 03:01:33 GMT

AUD/USD has been in a very volatile sideways range since September 2010 i.e. close to two and a half years. The low of this range was 0.9537 if we exclude a brief break of this range during October 2011 when the pair had touched a low of 0.9387. The high was 1.1080. Since July 2012 another sideways range has been in the place for AUD/USD within the above mentioned range. Recently there was a slight break below that range.

AUD/USD Weekly Outlook - Mar 09, 2013

Written By : ForexAbode.com || 2013-03-09 00:00:00 GMT

Aussie - US Dollar (AUD/USD) jumped up very strongly after touching 1.0115 but found strong resistance at 1.0301 and went into a volatile sideways mode between 1.0200 and 1.0300. The pair closed for the week at 1.0235. AUD/USD has been in a very volatile sideways mode for nearly two and a half years. Since July 2012 there has been another narrow range within this wide range.

AUD/USD Weekly Outlook - Feb 24, 2013

Written By : ForexAbode.com || 2013-02-24 00:00:00 GMT

Aussie - US Dollar (AUD/USD) continued to be in a volatile sideways mode below 1.0375. The pair touched a low of 1.0221 before closing for the week at 1.0319. Couple of weeks back we had mentioned the following and we still maintain that stand: "The highlight of the recent move was a break below 200-day moving average. Overall the recent history of such breaks has not seen any considerable movements.

AUD/USD Weekly Outlook - Feb 10, 2013

Written By : ForexAbode.com || 2013-02-10 00:00:00 GMT

Aussie - US Dollar (AUD/USD) fell further as we had indicated during the last weekend. The currency pair even broke below the mentioned 1.0287 and went as low as 1.0255 before closing for the week at 1.0318. During last weekend we had also mentioned the following: "The highlight of the recent move was a break below 200-day moving average. Overall the recent history of such breaks has not seen any considerable movements.

AUD/USD Weekly Outlook - Feb 10, 2013

Written By : ForexAbode.com || 2013-02-10 00:00:00 GMT

Aussie - US Dollar (AUD/USD) fell further as we had indicated during the last weekend. The currency pair even broke below the mentioned 1.0287 and went as low as 1.0255 before closing for the week at 1.0318. During last weekend we had also mentioned the following: "The highlight of the recent move was a break below 200-day moving average. Overall the recent history of such breaks has not seen any considerable movements.

AUD/USD Breaks 200-Day Moving Average Support

Written By : forexabode || 2013-02-03 06:37:56 GMT

AUD/USD had jumped up after an attempt to test 200-day moving support but had broken below that key support once again. AUD/USD daily chart The recent history of break below 200-day moving average indicate that the pair has been failing to drop considerably after some of the previous breaks of this support.

AUD/USD Weekly Outlook - Feb 03, 2013

Written By : ForexAbode.com || 2013-02-03 00:00:00 GMT

Aussie - US Dollar (AUD/USD) ultimately fell as we had been mentioning for past couple of weeks. The currency pair went as low as 1.0361 before closing for the week at 1.0406. The highlight of the recent move was a break below 200-day moving average. Overall the recent history of such breaks has not seen any considerable movements.

AUD/USD Testing The Key 200-Day Moving Average Support

Written By : himanshu || 2013-01-27 04:12:45 GMT

After going as high as 1.0598, AUD/USD had failed to break over the 1.0600 to test the previous strong resistance of 1.0624 and had fallen strongly. The subsequent effort of recovery had failed at 1.0580 and the next upward jump failed 2 pips below that i.e. at 1.0578. The strong fall from 1.0578  tried to break below the key support of 200 day moving average but found immediate support.

AUD/USD Weekly Outlook - Jan 27, 2013

Written By : ForexAbode.com || 2013-01-27 00:00:00 GMT

Aussie - US Dollar (AUD/USD) failed at 1.0578 and fell sharply to 1.0403 before closing for the week at 1.0423. As we have been mentioning that if 1.0624/1.0636 resistance holds good then sooner or later we expect a strong fall. The recent resistance came 2 pips below the previous peak of 1.0580 and 20 pips below the resistance level before that.

AUD/USD Weekly Outlook - Jan 19, 2013

Written By : ForexAbode.com || 2013-01-19 00:00:00 GMT

Aussie - US Dollar (AUD/USD) had tried to move up but failed before reaching 1.0600 and dropped from 1.0580. The currency pair went down to 1.0485 i.e. 16 pips above the support of 1.0469 mentioned by us during last weekend before closing for the week at 1.0510. As we had mentioned during last weekend, the price action does not indicate any directional move.

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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