AUD Trading Outlook


 
22.7.2014-21.7.2014 18.7.2014-14.7.2014 11.7.2014-7.7.2014 3.7.2014-30.6.2014 27.6.2014-23.6.2014 20.6.2014-16.6.2014 13.6.2014-10.6.2014 4.6.2014-2.6.2014 28.5.2014-26.5.2014 23.5.2014-19.5.2014 16.5.2014-12.5.2014 9.5.2014-5.5.2014 2.5.2014-28.4.2014 25.4.2014-22.4.2014 18.4.2014-14.4.2014 11.4.2014-7.4.2014 4.4.2014-31.3.2014 28.3.2014-24.3.2014 21.3.2014-17.3.2014 14.3.2014-10.3.2014 6.3.2014-3.3.2014 28.2.2014-24.2.2014 21.2.2014-17.2.2014 14.2.2014-10.2.2014 7.2.2014-3.2.2014 31.1.2014-27.1.2014 24.1.2014-20.1.2014 17.1.2014-14.1.2014 8.1.2014-8.1.2014 3.1.2014-23.12.2013 19.12.2013-16.12.2013 13.12.2013-9.12.2013 6.12.2013-2.12.2013 29.11.2013-25.11.2013 22.11.2013-20.11.2013 1.11.2013-28.10.2013 25.10.2013-21.10.2013 18.10.2013-14.10.2013 11.10.2013-7.10.2013 2.10.2013-30.9.2013 27.9.2013-16.9.2013 13.9.2013-11.9.2013 23.8.2013-12.8.2013 9.8.2013-5.8.2013 30.7.2013-29.7.2013 25.7.2013-22.7.2013 18.7.2013-15.7.2013 12.7.2013-9.7.2013 28.6.2013-24.6.2013 21.6.2013-19.6.2013 7.6.2013-3.6.2013 31.5.2013-28.5.2013 23.5.2013-20.5.2013 17.5.2013-14.5.2013 10.5.2013-6.5.2013 2.5.2013-30.4.2013 26.4.2013-22.4.2013 16.4.2013-16.4.2013 10.4.2013-25.3.2013 21.3.2013-19.3.2013 15.3.2013-11.3.2013 7.3.2013-4.3.2013 1.3.2013-25.2.2013 22.2.2013-18.2.2013 15.2.2013-12.2.2013 8.2.2013-4.2.2013 1.2.2013-28.1.2013 25.1.2013-21.1.2013 18.1.2013-14.1.2013 11.1.2013-7.1.2013 4.1.2013-2.1.2013 27.12.2012-18.12.2012 12.12.2012-10.12.2012 7.12.2012-26.11.2012 22.11.2012-12.11.2012 9.11.2012-5.11.2012 2.11.2012-29.10.2012 26.10.2012-22.10.2012 19.10.2012-15.10.2012 12.10.2012-8.10.2012 5.10.2012-1.10.2012 28.9.2012-24.9.2012 21.9.2012-17.9.2012 14.9.2012-10.9.2012 7.9.2012-3.9.2012 31.8.2012-27.8.2012 24.8.2012-20.8.2012

11th January

Australian Dollar (AUD) the AUD/USD broke above resistance at 1.0525 in the Asian session yesterday after strong Chinese Trade Balance put the ‘risk on’. EUR/AUD was more interesting down in Asia before surging on the ECB back above key resistance at 1.2500. Looking ahead, China CPI forecast at 0.5% vs. 0.1% previously.

10th January

Australian Dollar (AUD) the AUD/USD is remaining locked in its recent trading range around the 1.0500 level. November Retail Sales fell -0.1% vs. 0.3% forecast and did dampen sentiment briefly in the Asian session. Relentless AUD/JPY support and strong US stocks are helping to support. Looking ahead, December Trade Balance forecast at 20.1bn vs. 19.6bn previously.

9th January

Australian Dollar (AUD) the AUD/USD continued to orbit the 1.0500 level with sellers at 1.0525 capping but support at 1.0480 is also proving very solid. EUR/AUD has been pushing to the downside falling from 1.2500 to 1.2440 overnight as the Aussie holds up better than the EUR/USD. November Trade Balance forecast at -2637mn vs. -2300mn forecast with imports outpacing exports. Looking ahead, November Retail Sales forecast at 0.3% vs. 0.0% previously. 

8th January

Australian Dollar (AUD) the AUD/USD did well in the commodity rally overnight with Oil pushing higher and Iron ore remaining at 2011 levels. AUD/JPY is getting support on dips and remains elevated near the Y92 level. AUD/USD is finding tough resistance above 1.0500. Looking ahead, November Trade Balance forecast at -2300mn vs. -2088mn previously.

7th January

Australian Dollar (AUD) the Aussie received lots of support on Friday gaining across the board on the back of strong global stock markets. Resistance was found at 1.0480 but buying has resumed in Asia this morning and we have broken above 1.0500. Commodities have rebounded spectacularly in recent months with Iron Ore up over 70% since the 2012 lows. 


  Go to Australian Dollar (AUD) Archive