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.
The dollar was steady on Monday as traders looked ahead to a week dominated by central bank meetings worldwide, with the Bank of Japan se...
According to the reports for PPI and Retail Sales in the U.S., Producer prices experienced a jump and retail sales were reported to grow. The U.S. ...
The dollar was on track for a weekly gain versus major currencies while the yen drifted lower on Friday, ahead of a flurry of highly-anticipated ce...
According to the Gross Domestic Product (GDP) report yesterday, Britain’s economy returned to growth in January after entering a shallow rece...
Unemployment-related benefits (Claimant Count) are higher (for February 2024 period ) than previous and with lower average earnings reported. The u...
The U.S. dollar index held steady on Wednesday as traders shrugged off hotter-than-expected U.S. inflation and still expected a Federal Reserve int...
The U.S. dollar rose in choppy trading on Tuesday, after data showed hotter-than-expected inflation last month for the world's largest economy,...
Winners vs Losers The week just started with pairs showing moderate volatility. The USD recovered a bit after a heavy fall last week. The USDJPY is...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave to 1.0866. A correction structure to 1.0843 (testing from above) is expected today. Once the corre...
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI has broken the support...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0799. Amid the news, the market received support at this level, creating upward momen...
EURUSD, “Euro vs US Dollar” The EURUSD pair corrected to 1.0886, and today the first structure of the fifth decline wave to 1.0570 is already developing. The target of th...
EURUSD, “Euro vs US Dollar” The EURUSD pair has corrected to 1.0845. Today the market is forming a consolidation range around 1.0836. With an escape from the range upward...
EURUSD, “Euro vs US Dollar” The EURUSD currency pair extends a decline wave to 1.0830. Practically, a consolidation range continues developing around this level. With an ...
AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on H4, revealing the prevalence of a downtrend. The RSI has broken the support...
EURUSD, “Euro vs US Dollar” EURUSD has found a foothold above the signal lines of the indicator. The instrument is going above the Ichimoku Cloud, which suggests an uptre...
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.