The Australian Dollar (AUD) rebounds from the yearly lows, extending gains for the second successive day on Friday. The pair recovers on the back of t
Australian Dollar rebounds from the yearly lows as the US Dollar corrects. Aussie Dollar receives upward support as the RBA expects to increase interest rates. US Dollar faced pressure as downbeat Core PCE contributed to increasing demand for US bonds. he correction of the US Dollar and the likelihood of another rate hike from the Reserve Bank of Australia on November 7.
6350 level, rebounding from the yearly low at 0.6270 followed by the key support around the 0.6250 major level. The 21-day Exponential Moving Average at 0.6352 emerges as the key resistance, following the 0.6400 major level. A breakthrough above this resistance can reach around the 23.6% Fibonacci retracement level at 0.6417. AUD/USD: Daily Chart Australian Dollar price today The table below shows the percentage change of Australian Dollar against listed major currencies today.
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Australian Dollar drops to a yearly low on upbeat US DollarThe Australian Dollar (AUD) extends losses for the second session, trading around all-time lows against the US Dollar (USD) on Thursday. The AUD/USD p
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US Dollar Forecast: EUR/USD, AUD/USD on Shaky Ground Ahead of US GDP DataU.S. GDP data will steal some of the limelight on Thursday. A strong report could put upward pressure on bond yields, boosting the U.S. dollar against its major peers, such as the euro and the Australian dollar.
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AUD/USD Price Analysis: Drops sharply from 0.6400 as US Dollar recovers furtherThe AUD/USD pair falls sharply after facing tough barricades near the round-level resistance of 0.6400. The Aussie asset faced a sell-off after the re
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AUD/JPY jumps to multi-week top after Australian CPI, remains below 96.00 markThe AUD/JPY cross catches aggressive bids during the Asian session on Wednesday and spikes to the 95.90 region, or over a three-week high following th
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AUD/USD recovers some lost ground above 0.6300 ahead of Australian PPI dataThe AUD/USD pair holds above 0.6300 after bouncing off the year-to-date (YTD) lows at 0.6270 during the early Asian session on Friday. A modest recove
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AUD/NZD and EUR/AUD Might Have Similar Trade Set-Ups. Will Ranges Break?The Australian Dollar appears range-bound against the Euro and Kiwi Dollar but there might be opportunities in the scenario. Will AUD/NZD or EUR/AUD retreat to the averages?
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