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Tag: AUD/USD Daily Outlooks

AUD/USD Price Bullish Above 0.6410 amid Upbeat Aus Retail Sales

The US inflation data could really shake the markets on Thursday. A new higher high activates further growth. DXY’s sell-off forced the greenback to lose significant...

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AUD/USD Forecast: Under Pressure Despite Upbeat Australian Jobs

The US dollar is retesting recent multi-decade highs. Australia’s employment grew in August. The RBA will likely continue raising rates as the economy is showing resilience. Today’s...

AUD/USD Outlook: China’s Economic Outlook Remains Bleak

China’s manufacturing activity shrank for a second month in August. China’s economic outlook remains uncertain. Falling Chinese iron ore prices are bound to hurt the Australian...

AUD/USD Outlook: Playing in Tight Range Ahead of Jackson Hole

US business activity came in weaker than expected. Investors are awaiting Powell’s speech at Jackson Hole. In the charts, bulls are trying to take over. Today’s AUD/USD...

AUD/USD Price Eying Deeper Retracement as USD Bulls Reemerge

The AUD/USD pair could extend its sell-off after a minor rebound or distribution. The price action signaled exhausted buyers. The median line (ml) could attract the...

AUD/USD Forecast: US Dollar Declined After A Gloomy CPI Report

AUD/USD went up 1.74% after US inflation dropped. Investors’ hopes for a less hawkish Fed have gone up. AUD/USD is getting support from rising metal prices. Today’s...

AUD/USD Price Halts Rally by 0.70 Ahead of US Inflation Data

The AUD/USD pair was rejected by the channel’s downside line again. DXY’s rally could push the pair down. Only a new lower low may activate a...

AUD/USD Outlook: Declining Toward 0.6950 Ahead of RBA Statement

Bulls on the AUD/USD pair pause following a two-day rise that has recently slowed. The US dollar declined despite worries about a recession, conflicting statistics,...

AUD/USD Price Retests 0.7012 Ahead of RBA Rate Hike use

The AUD/USD pair maintains a bullish bias despite temporary retreats. A new lower low could activate more declines. Taking out the near-term resistance levels may announce...

AUD/USD Price Analysis: Australian Inflation Stimulating Bulls

Australian inflation has hit a 21-year high. Inflation in Australia is expected to keep rising. In the charts, the price is experiencing support at the 30-SMA. Today’s...

AUD/USD Forecast: RBA Governor Philip Lowe Sees More Rate Hikes

Philip Lowe insists that higher interest rates will bring back a balance between demand and supply. Markets expect RBA rates to get to 3.5% by...

AUD/USD Outlook: Aussie Recovers Ahead of RBA Meeting Minutes

Investors await the RBA meeting minutes. The pair has rallied since Wednesday’s upbeat jobs data from Australia. The price trades well above the 30-SMA in the...

AUD/USD Price Rebound Ends Near 0.68, Bears to Continue

The AUD/USD pair drops like a rock after failing to confirm a larger rebound. A new lower low could activate more declines. Its failure to stay...

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