AUDUSD. H4 | bullish opportunity
To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analystAUDUSD, H4 | Potential to swing high TypeBullish ReversalPreference:We're seeing price test a key overlap support at 0.70624. There's a chance price might reverse from here to push prices all the way down […]
Upside bias alleviated below 0.7040 – UOB
According to UOB Group’s Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia, AUD/USD could see its upside momentum mitigated on a breach of 0.7040. Key Quotes 24-hour view: “We highlighted last Friday that ‘upward pressure has eased and AUD is unlikely to advance much further’ and we expected AUD to ‘trade in […]
AUD/USD extends recovery above 0.7100 despite caution stems in market mood
AUD/USD has scaled to near 0.7115 after a recovery move despite solidifying cautionary market mood. The Fed might hike interest rates by 25 bps and keep them steady at 4.75-5.00% for the remaining year. Australian monthly Retail Sales are expected to display de-growth by 0.3%. The AUD/USD pair has accelerated to near 0.7115 after rebounding from […]
AUD/USD turns negative after hitting highest level since June
US Dollar gains momentum during the American session as US yields move higher. Markets wobble after US economic data, ahead of central banks meetings next week. AUD/USD drops after a four-day positive streak. The AUD/USD dropped from the highest level since June during the American session after the US Dollar gained momentum. The pair peaked […]
AUD/USD hit a 5-month high and stays above 0.7100 ahead of Wall Street’s close
Higher-than-expected Australian inflation data increased the odds of a rate hike by the RBA. Sentiment shifted mixed as Wall Street’s fluctuated between gainers/losers. AUD/USD Price Analysis: A daily close above 0.7100 will pave the way for further gains. The Australian Dollar (AUD) rose to a fresh five-month high at 0.7122 against the US Dollar (USD) […]
Surfing The Waves With Gregor Horvat: AUDUSD, USDCNH, EURUSD, DAX, XAGUSD, USDNOK & More!
Surfing The Waves With Gregor Horvat: AUDUSD, USDCNH, EURUSD, DAX, XAGUSD, USDNOK & More! – Orbex Forex Trading Blog Home Technical Analysis Surfing The Waves With Gregor Horvat: AUDUSD, USDCNH, EURUSD, DAX, XAGUSD, USDNOK & More! […]
Australian Dollar Jumps on Hot CPI Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, RBA, CPI, RBNZ, AUD/NZD – Talking Points The Australian Dollar ran higher after CPI figures beat estimates Both the headline and trimmed measures were above forecasts The RBA might have a problem on their hands. Will AUD/USD continue higher? Recommended by Daniel McCarthy Get Your Free AUD Forecast The Australian […]
Sticky Australian inflation data may add steam to the rally – ING
AUD/USD broke decisively above 0.7000 yesterday. Australian Consumer Price Index data for the fourth quarter could fuel the rally if figures come out sticky, economists at ING. AUD/NZD may retest the recent 1.0950 highs soon “Tonight’s fourth-quarter CPI data in Australia will be key, as evidence of sticky inflation may force a hawkish repricing across […]
Australian Dollar Eyes New Heights Ahead of Crucial CPI Data. Where to for AUD/USD?
Australian Dollar, AUD/USD, US Dollar, Fed, RBA, CPI, Iron Ore, Gold – Talking Points The Australian Dollar has made ground today on US Dollar weakness While the market is rightly focussed on tomorrow’s CPI, PPI on Friday might impact China is on holiday, but commodities are buoyant. Will AUD/USD make a new high? Recommended by […]
Bears are moving in and eye a break of structure
AUD/USD bulls are in charge at the start of the week but bears are lurking. The US Dollar bulls need to show up to enable the Aussie is going to break the downside structure. As per the start of the week’s analysis, AUD/USD Price Analysis: Bulls eye 0.7020, bears target a break of H1 structure, […]