AUDUSD

The Australian Dollar appreciated about 73 base points against the US Dollar on Friday. The currency pair breached both the 50– and 100-hour SMAs during Friday's trading session.

Most likely, the currency exchange rate will move towards a support cluster formed by the combination of the 50– hour simple moving average and the weekly pivot point at 0.7153.

If the support level, as mentioned above holds, the AUD/USD exchange rate will continue its upside movement today.

Although, if the rate passes the support line, bears could drag the currency exchange rate lower during the following trading session.

AUDUSD

AUDUSD

This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Feed news

Latest Forex Analysis

Editors’ Picks

EUR/USD clings to 1.1200 as markets price an ECB cut, ahead of the Fed

EUR/USD is consolidating its losses after ECB's Draghi said that more stimulus may be needed soon. He speaks again today but the focus shifts to the Fed decision which is also expected to hint about an upcoming cut.

EUR/USD News

GBP/USD holds onto gains after inflation meets expectations

GBP/USD is trading closer to 1.2600 after UK inflation has met expectations. Opposition leader Corbyn will reportedly support a second referendum today. Boris Johnson increased his lead in the race to become PM. 

GBP/USD News

USD/JPY: waiting for Fed's announcement

USD/JPY extends its consolidative phase ahead of the central bank's critical decision. Japanese adjusted trade deficit widened in May amid falling exports.

USD/JPY News

FOMC Preview: to be or not to be 'patient'

That concerns about a global economic slowdown had made policymakers worldwide take a dovish shift is no news. Neither is that the financial market has already priced in at least one rate cut in the US for this year.

FED news

Gold struggles to build on Tuesday's gains, sits above $1340

The troy ounce of the precious metal gained $15 on Tuesday as investors saw gold as a better investment alternative to major currencies amid the dovish shifts seen in central banks' tone.

Gold News

Majors

Cryptocurrencies

Signatures