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On the technical side, the AUD/USD price has dropped to retest its range support at the 0.6500 level. The price trades well ...
Despite a promising start to 2022, the Australian Dollar (AUD) has since been in a convincing downtrend, losing 8.69% in value against the U.S. dollar (USD) this year. It plunged to an 18-year low ...
The AUD/USD outlook indicates a slide amid a rebound in the US dollar as optimism grows over recent trade deals.
AUD/USD gained 0.36% on Friday, countering Thursday’s 0.49% loss; closed at $0.64390. Beijing’s economic reforms are crucial to the Aussie, drawing intense investor focus.
The AUD/USD saw a 1.17% surge on Thursday, reversing a prior 0.70% loss. Market focus shifts to Australian housing credit with forecasts suggesting a steady 0.3% rise in August.
AUD/USD and NZD/USD are exhibiting bullish price action amid weakness in the US dollar, while USD/JPY is consolidating above 142, despite the decline in the US Dollar Index.
The next resistance for AUD/USD is located at the 2025 peak of 0.6558 (June 26). Further up, the pair could challenge the November 2024 peak at 0.6687 (November 7) and the 2024 high at 0.6942, all ...
22d
InvestorsHub on MSNU.S. Dollar Pulls Back as Tariff Momentum Fades; Australian Dollar Surges After Unexpected RBA DecisionThe U.S. dollar retreated in early Tuesday trading, trimming gains made overnight following President Donald Trump’s renewed tariff threats that initially boosted the greenback. Meanwhile, the ...
After AUD rose, we highlighted on Friday (27 Jun, spot at 0.6550) that 'the price action suggests there is potential for AUD to test 0.6595, as long as 0.6495 (‘strong support’ level) is not ...
AUD/USD Technical Analysis The Australian dollar has fallen to reach back towards the 0.6550 level, an area that seems to be basically a magnet for price.
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