AUD/USD witnesses a modest pullback from the vicinity of a two-month high set on Thursday. The USD short-covering move is seen as a key factor exerting downward pressure on the …
AUD/USD eases from two-month peak on modest USD strength, downside seems cushioned Read More
AUD/USD braces for the biggest weekly gain since November 2020 inside one-month-old ascending trend channel. Overbought RSI conditions suggest pullback from the stated channel’s resistance. 200-SMA holds the key for …
AUD/USD Price Analysis: Approaches upper end of monthly bullish channel near 0.7150 Read More
AUD/USD fails to capitalize on the early upside amid a souring mood. Falling Treasury yields cap USD recovery, offering aussie some support. Acceptance above 200 DMA is critical for AUD …
AUD/USD: 200 DMA remains a tough nut to crack amid cautious mood Read More
A break of the consolidation formed in a 0.6869-0.7047 range strengthened the aussie bulls. An establishment above 61.8% Fibo retracement adds to the upside filters. Advancing 20-and 200-EMAs signal more …
AUD/USD Price Analysis: A test of sacred 61.8% Fibo at 0.7050 looks imminent Read More
AUD/USD bulls take a breather around 11-week top amid cautious optimism. Softer US PPI, Aussie CPI joined firmer equities to favor the pair buyers. Strong yields, fears of US-China tussles …
AUD/USD retreats from two-month top near 0.7100, US Michigan Consumer Sentiment Index eyed Read More
AUD/USD is being pressured as the US dollar recovers in midday New York trade. The bears are moving in with US yields also rallying and as US stocks tail-off. The …
AUD/USD bears move in for the kill as US yields rally and greenback corrects higher Read More
AUD/USD catches fresh bids on Thursday and climbs to a two-month high amid weaker USD. Diminishing odds for a larger Fed rate hike in September, the risk-on mood weighs on …
AUD/USD Price Analysis: Bulls flirt with 200-DMA/ascending channel confluence hurdle Read More
AUD/USD attracts some dip-buying on Thursday and climbs back closer to the 0.7100 mark. The risk-on impulse undermines the safe-haven USD and benefits the risk-sensitive aussie. Recession fears, the overnight …
AUD/USD moves closer to 0.7100 amid risk-on, eyes two-month high set on Wednesday Read More AUD/USD has slipped to near 0.7070 amid a downward shift in Aussie inflation expectations data. The Aussie inflation guidance data has landed at 5.9%, lower than the prior release of …
AUD/USD skids to near 0.7070 as Aussie Consumer Inflation Expectations slip to 5.9% Read More
AUD/USD bulls take a breather around two-month top, after printing the biggest daily jump in eight weeks. Hawkish Fed bets slumped on easy US CPI for July, Fedspeak remains worrisome. …
AUD/USD: China, Fedspeak probe bulls near 0.7100, Aussie inflation expectations eyed Read More