AUD/USD

The AUD/USD is currently testing important resistance levels, while the EUR/USD and GBP/USD are both moving higher in anticipation of the upcoming US CPI data release. The AUD/USD…
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The AUD/USD has recently encountered strong resistance at around 0.6650, causing its upward momentum to pause. In order to sustain its short-term uptrend, the pair must…
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The Australian Dollar held steady against the US Dollar at 0.6624, despite pressure from Fed Chair Jerome Powell's hawkish comments following a 0.5% rise in the US Producer Price…
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The Australian dollar saw some slight pullback in the early hours of Monday, but later in the day, there was a notable attempt to reach higher highs. Breaking above the key level…
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AUD/USD bounced back above the 0.6600 level after facing selling pressure on Friday. The US Dollar weakened on Monday, supporting riskier assets like the Australian dollar. This…
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AUD/USD is currently consolidating after retracting from its peak on May 3. The pair is trading in the 0.6610s range on Monday, continuing its sideways movement. Despite this,…
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The AUD/USD pair is trading with a slight positive bias near 0.6605 on Monday. Fed officials have reiterated their stance on maintaining higher interest rates for a longer period,…
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The Australian Dollar declined against the U.S. Dollar on Friday due to the Federal Reserve's stance overshadowing a more hawkish stance from Australia's central bank.…
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The Reserve Bank of Australia (RBA) did not meet expectations of being hawkish, leading to a slightly bearish week for the AUD/USD pair. This came after Australia reported…
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The AUDUSD pair has been struggling to break through the range of 0.6643-0.6666, facing rejection three times in 2024. Despite this, the outlook remains positive as the price…
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