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
Inflation was reported lower for the U.K. but higher than the forecast. The slowdown in the fall in Britain’s inflation rate follows an accel...
The labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding bonuse...
U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail s...
The dollar rose to a five-month high against the pound and euro on Tuesday, a day after stronger-than-expected U.S. retail sales sent Treasury yiel...
The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a ...
A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will be able to cut rates t...
The European Central Bank (ECB) kept interest rates at record highs yesterday but gave a clear signal that it may be preparing to proceed with cuts...
The euro dropped to its lowest level since mid-November on Friday after the European Central Bank signalled it could cut rates as soon as June even...
Brokers' Analytics
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range. By now, a decline wave structure has been completed at 1.0700 alongside a correcti...
EURUSD, “Euro vs US Dollar” The EURUSD pair practically finished a correction wave at 1.0884 and started developing a decline wave because of the news. By now, the quotes...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave at 1.0880. Today the market is forming a decline structure aiming 1.0822. Once this level is reach...
EURUSD, “Euro vs US Dollar” EURUSD is rebounding from the signal lines of the indicator. The pair is going above the Ichimoku Cloud, which suggests an uptrend. A test of ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a growth wave targeting 1.0850. Today the market is forming a consolidation range around this level. A further c...
AUDUSD, "Australian Dollar vs US Dollar" AUDUSD quotes have broken the 200-day Moving Average on D1 and rest above it, revealing the probability of an uptrend development. ...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a decline wave, reaching 1.0791. Today, the market may correct towards 1.0845. After the price reaches this leve...
EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave to 1.0870. Today the market has started a new structure of a decline wave. The first target is...
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.