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 eased fractionally alongside Treasury yields after the release of tame U.S. inflation data that is unlikely to deflect the Federal Reser...
Winners vs Losers USDCAD remains on the top of the week’s list with 0.72% gains. The EURGBP follows as the EUR gains ground against the GBP a...
The yen was poised for its strongest week in nearly three months on Friday as traders unwound long-held bets against the frail currency ahead of cr...
The Bank of Canada (BoC) decided to cut its key interest rate by 25 basis points for the second month in a row, bringing it to 4.5% and said more r...
Winners vs Losers XAUUSD reached the top of the week’s list with 0.6% gains. It also leads for the month with 3.87% gains. The U.S. Dollar is...
Commodity currencies slid to multi-week lows on Wednesday on the back of weakening raw material prices with the heaviest selling against the yen, w...
The yen rose on Tuesday as investors reacted to comments from a senior Japanese politician that added to pressure on the Bank of Japan to keep hiki...
Winners vs Losers USDCAD remains on the top for this week with 0.4% gains. Gold this month is leading with 2.94% gains. The USD remains barely affe...
Brokers' Analytics
The AUDUSD pair continues to lose ground. The market is selling off risky assets. AUDUSD trading key points AUD is declining for the fifth consecutive day Australia&rs...
The correction may soon be over, and the AUDUSD pair may embark on a new growth wave, with the price reaching last year’s highs. AUDUSD trading key points Australia&r...
We are discussing the July 2024 prospects for EURUSD, USDJPY, GBPUSD, AUDUSD, USDCHF, NZDUSD, and USDCAD. EURUSD The EURUSD pair has completed a decline wave towards 1.0666...
The Australian dollar is declining for the second consecutive day. The AUDUSD pair is returning to fluctuations within the traded range. AUDUSD trading key points AUDUSD ta...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a corrective wave, reaching 1.0814, and continued a decline wave. Today, the market is forming a narrow consolid...
EURUSD, “Euro vs US Dollar” The EURUSD pair has exited the consolidation range upwards amid the news, practically forming a correction of the last decline wave, with a ta...
EURUSD, “Euro vs US Dollar” EURUSD is bouncing off the Tenkan-Sen line. The pair is moving below the Ichimoku Cloud, suggesting a downtrend. A test of the lower boundary ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a wave, reaching 1.0717. Practically, the market continues to develop a consolidation range around 1.0750. Today...
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.