Chart of price change AUD/USD
Currency pair AUDUSD is rather widespread currency among traders known as “Aussie”, and also it is considered the most suitable option for the beginning traders. The Australian dollar is interesting to traders for several reasons: the political situation of the country is practically always stable, movements of the pair are to a lesser extent subjected to fluctuations which can be caused by speculative transactions, the schedule of the currency rate correlates with a price performance on precious metal that allows using a currency pair AUDUSD as a hedging instrument of financial transactions.
Economic news
The dollar was headed for its best week in nearly nine months on Friday, with rival currencies struggling to shake the pressure exerted by the Fede...
The Australian and New Zealand dollars struggled to regain some ground on Thursday as surprisingly strong domestic data softened only a little of...
The Australian and New Zealand dollars were on the defensive on Wednesday in case a policy meeting of the Federal Reserve produces even a whisper o...
The Aussie and kiwi dollars traded in tight ranges ahead of a much-anticipated Federal Reserve meeting, after Reserve Bank of Australia minutes bri...
The Australian and New Zealand dollars were sidelined on Friday as bonds enjoyed their best week in over a year after investors dismissed a high re...
Asian shares edged higher but held their recent trading range on Thursday as investors focussed on U.S. inflation data and the risk of an upside su...
The dollar hovered near a five-month low versus major peers on Thursday as investors looked to U.S. inflation data and a European Central Bank meet...
The Australian and New Zealand dollars were testing support on Thursday as sharp falls in bond yields undermined their rate advantage ahead of U.S....
Brokers' Analytics
EURUSD, “Euro vs US Dollar”After completing the third descending wave at 1.1990, EURUSD is expected to form a new consolidation range near the lows. Possibly, the pair ma...
EURUSD, “Euro vs US Dollar”After completing the correction at 1.2146, EURUSD is forming a new consolidation range around 1.2124. Possibly, the pair may expand the range u...
AUDUSD, “Australian Dollar vs US Dollar”In the H4 chart, after breaking the 200-day Moving Average, AUDUSD is trading below it to indicate a possible descending tendency....
EURUSD, “Euro vs US Dollar”EURUSD is correcting towards 1.2136 and may later start another decline to reach 1.2090. After that, the instrument may correct towards 1.2145 ...
EURUSD, “Euro vs US Dollar”After completing the descending structure at 1.2093, EURUSD is consolidating above this level. Today, the pair may expand the range down to 1.2...
The EURUSD pair ticked down 0.09% to 1.2167 by the end of the trading session on Thursday, June 10. The daily candle range was 51 pips (1.2143-1.2195). The bulls went on a roller coa...
AUDUSD, “Australian Dollar vs US Dollar”As we can see in the H4 chart, a convergence on MACD made the pair the correctional downtrend at 61.8% fibo and start a quick risi...
AUDUSD, “Australian Dollar vs US Dollar”AUDUSD is trading at 0.7760; the instrument is moving above Ichimoku Cloud, thus indicating an ascending tendency. The markets cou...
Currency pair AUDUSD is considered highly liquid. It should be noted that every day more than 5% of transactions in the Forex market takes place with this pair participation. The peak of activity of the biddings on this currency pair fall in the period of the Asian and Australian exchanges work. Considering that fact that at pairs there is a US dollar, traders can't lose track of an economic condition of the United States of America and carefully watch the news. In order to make a good profit it is necessary to draw a certain parallel between economic indicators in Australia and the USA, it will give the chance to determine more precisely further market behavior.
You shouldn't lose sight of the currency pair AUDUSD chart on which it will be possible to easily trace historical minimums and maximums, and significant levels of support and resistance of the pair.