AUD Trading Outlook


 
17.4.2014-14.4.2014 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 17.8.2012-13.8.2012 10.8.2012-6.8.2012 3.8.2012-30.7.2012 27.7.2012-23.7.2012 20.7.2012-16.7.2012 13.7.2012-9.7.2012 6.7.2012-2.7.2012 29.6.2012-26.6.2012 22.6.2012-18.6.2012 14.6.2012-11.6.2012 8.6.2012-4.6.2012 1.6.2012-28.5.2012

14th September

Australian Dollar (AUD) the AUD/USD is continuing to rally hard up above 1.0550 overnight and completing a 1 week move from 1.0160. The topside targets include 1.0615 the high of the last 6 months. AUD/JPY is above Y82 and providing the Aussie with lots of support in Friday Asian trade. 

13th September

Australian Dollar (AUD) the AUD/USD tested 1.0500 after the German Court ruling day highs and we have seen consolidation since then above the 1.0450 level. The AUD/JPY is struggling to take advantage of the strong stock market finding resistance at Y81.80. Looking ahead, RBA Governor Stevens Speaks. Update RBNZ hold Interest Rates at 2.5%

12th September

Australian Dollar (AUD) another strong day for the risk currency with Iron ore prices surging on calming Chinese fears and US stock indices continuing to press higher. AUD/USD has changed from downtrend to at least neutral in last few sessions and has caught a lot of the market on the wrong foot. Stronger resistance is seen between 1.0500-1.0600.

11th September

Australian Dollar (AUD) weak August China Trade Balance data showing a sharp drop in imports hurt sentiment towards the Aussie and prompted a pullback to 1.0330 by the end of the US session. The German court rulings and stock market movements will direct the AUD/USD over the coming sessions. Looking ahead, August AUD Business Confidence previously at 4.

10th September

Australian Dollar (AUD) the AUD/USD fortunes improved greatly on Friday with the market caught short after weak local economic data. The weak US Dollar and soaring Gold help lift the AUD/USD above 1.0300 to 1.0400 highs by the close. Some weak Chinese data over the weekend has led to some slight selling so far in Asia but nothing aggressive yet. The AUD/USD remains firsts and foremost a risk currency so day to day movement in stock markets will dictate the direction and trend. UPDATE China August Trade Balance 26.6bn vs. 19.8bn forecast. Imports -2.6% vs. 3.5% forecast.


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