FX.co ★ Analytics AUDUSD | Australian Dollar (AUD) to US Dollar (USD) Rate in the Forex market
Forex Analysis
Forecast for AUD/USD on October 31, 2024
Each day leading up to the U.S. elections, the Australian dollar shows increasingly erratic movements, diverging from indicator signals, yet its fluctuations remain within a narrow and steep descending channel...
Relevance until2024-11-01
Analytical expert:
2024-10-31
Forex Analysis
Technical Analysis of Intraday Price Movement of AUD/USD Commodity Currency Pairs, Tuesday October 29, 2024.
Although currently on the 4-hour chart the AUD/USD commodity currency pair is moving harmoniously within the Bearish Pitchfork channel and is below the MA 50 which also has a decreasing...
Relevance until2024-10-30
Analytical expert:
2024-10-29
Forex Analysis
Forecast for AUD/USD on October 29, 2024
Yesterday, the Australian dollar couldn't rally like European currencies due to a sharp drop in commodity prices (oil -1.18%). Investors were also unsettled by the rise to power...
Relevance until2024-10-30
Analytical expert:
2024-10-29
Forex Analysis
Weekly Forecast for Simplified Wave Analysis of GBP/USD, AUD/USD, USD/CHF, EUR/JPY, EUR/CHF, and US Dollar Index on October 28th
Brief Analysis: Since September 26, a downward corrective wave has been forming for the British pound. The wave structure is developing as an extended flat and appears complete...
Relevance until2024-11-01
Analytical expert:
2024-10-28
Forex Analysis
Forecast for AUD/USD on October 25, 2024
The Australian dollar is struggling to hold its ground at the 0.6640 level. Falling commodity prices are putting pressure on it, while the rise in European currencies helps to support...
Relevance until2024-10-26
Analytical expert:
2024-10-25
Forex Analysis
Forecast for AUD/USD on October 23, 2024
Yesterday, the Australian dollar rose by 22 pips. The support at 0.6640 remained untested, which helped form a clear ascending price channel (green in color). A minor convergence also formed...
Relevance until2024-10-24
Analytical expert:
2024-10-23
Forex Analysis
Weekly Forecast Based on Simplified Wave Analysis for GBP/USD, AUD/USD, USD/CHF, EUR/JPY, and US Dollar Index on October 21
GBP/USD Brief Analysis: The upward wave structure for the British pound, current at the time of analysis, has been developing since early August. A complex correction in the form...
Relevance until2024-10-25
Analytical expert:
2024-10-21
Forex Analysis
Forecast for AUD/USD on October 21, 2024
This morning, the Australian dollar's exchange rate approached the resistance level of 0.6727, which coincides with the 23.6% Fibonacci retracement. The resistance is proving strong, and breaking through it would...
Relevance until2024-10-22
Analytical expert:
2024-10-21
Forex Analysis
Forex forecast 18/10/2024: EUR/USD, AUD/USD, GBP/USD Gold and Bitcoin
Video Agenda: 00:00 INTRO 00:13 Totay's key events: Building Permits, Retail Sales, EU Leaders Summit, FOMC Member Bostic Speak, U.S. Baker Hughes Oil Rig Count 02:45 EUR/USD 06:27 GBP/USD 07:52...
Relevance until2024-10-19
Analytical expert:
2024-10-18
Forex Analysis
AUD/USD: don't trust correctional rise
The Australian labor market report for September came out better than expected. Almost all components of the report were in the green zone, allowing AUD/USD buyers to stage a corrective...
Relevance until2024-10-18
Analytical expert:
2024-10-17