After a great week, another busy one expects Aussie traders. The RBA’s rate decision and employment figures are the highlights. Here’s an outlook for Australian events and an updated technical analysis for AUD/USD. AUD/USD daily graph with support and resistance lines on it. Click to enlarge: The Aussie enjoyed lots of good figures, with the Q2 GDP growth of 1.2% being a great positive surprise. The better-than-expected retail sales... 

Key inflation figures will rock the Aussie in the upcoming week. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines on it. Click to enlarge: In a rather calm week, the Aussie rose, enjoying the basic advantages of the economy, with the great employment situation shining. This week, the focus will be on the next…  Read More →

Four events await Aussie traders in the upcoming week. Here’s an outlook for these events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines marked. Click to enlarge: Australia’s home loans finally rose. This positive figure joined the employment figures we’ve seen beforehand and boosted the Aussie. Monetary Policy Meeting Minutes : …  Read More →

A variety of Australian releases and one Chinese release will move the Aussie in the upcoming week. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD, now in higher ground. AUD/USD daily chart with support and resistance lines. Click to enlarge: The Australian economy enjoys a bubbling job market . The fresh figures came out significantly better than expected, and this gave a big boost to AUD/USD.... 

Important job figures showed another improvement in Australian employment. This pushed the recovering AUD/USD above technical barriers on its way up. Update on this strong currency. Australian employment change showed a gain of 45,900 jobs in June. This was triple the early expectations that stood on a modest gain of 15,000. It’s important to note that last month’s figure was revised to the downside – from 26,900 to 22,800, but... 

This is a very busy week for Aussie traders: a rate decision and employment figures will rock the Aussie, alongside other events. Here’s an outlook for these events as well as an updated technical analysis for AUD/USD. AUD/USD daily graph with support and resistance lines on it. Click to enlarge: The Chinese move on the yuan , although doubted by many, still has a positive impact on the Aussie. Also one Chinese event is expected this week.... 

Retail Sales as well as building approvals are the highlights in a busy Australian week. Will the Aussie continue north? Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD daily chart with support and resistance lines on it. Click to enlarge: The Chinese move on the yuan is great for Australia, that exports commodities to China. With a stronger yuan, the Chinese can buy more. As the dust... 

The Aussie enjoyed a positive week and began struggling with higher barriers. Here’s an outlook for the events that will move the Aussie and an updated technical analysis for AUD/USD. AUD/USD chart with resistance and support lines on it. Click to enlarge: The meeting minutes showed that the central bank is worried about European developments, but seems confident about the Australian economy. Indeed,  the Aussie rose quite nicely in the... 

After a busy week, the Aussie closed the week significantly higher. The upcoming week consists of the meeting minutes from the last rate decision and few other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines on it. Click to enlarge: Australia continues to enjoy a steaming job market, as seen once again this…  Read More →

After another week of tense range trading, another busy week expects the Aussie, with employment data being the climax. Here’s an outlook for the Australian events, and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines on it. Click to enlarge: The past week saw two important releases: GDP and the rate decision that were OK. The Aussie didn’t fully enjoy them. Will employment numbers boost... 

Everything turned against the Aussie, and it closed a terrible week with a loss of about 550 pips. The upcoming week consists of 5 events that will move the Aussie, and an updated technical analysis for AUD/USD, now at lower ground. AUD/USD chart with support and resistance lines marked. Click to enlarge: Indications for a pause in rate hikes, lower inflation expectations, a drop in consumer confidence and the European debt issues (risk aversion),... 

The Australian dollar is expecting another volatile week: job figures and the annual budget release stand out. Will the Aussie recover? Here’s an outlook for this week’s events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked. Click to enlarge: Similar to the fifth rate hike , also the past week’s sixth rate hike surprised the markets, but it wasn’t enough. Note this... 

A very busy week expects Aussie traders with the rate decision is the key event. Here’s an outlook for the 11 Australian events, and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines marked. Click to enlarge: Producer prices rose by 1%, higher than expected, but consumer prices rose exactly as expected, raising the tension towards the rate decision. Also note  retails sales, building approvals... 

Quarterly inflation figures, as well as other indicators, will shape the direction of the Aussie this week. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD chart with support and resistance lines marked. Click to enlarge: Following the recent rate hike , there were doubts about the next move. At the beginning of the week, the meeting minutes suggested a further rate hike, but Glenn Stevens... 

After a strong start, the Aussie surrendered to the Goldman Sachs news and closed the week lower. The upcoming will consist of the RBA’s meeting minutes among other events. Here’s an outlook for the Australian events and an updated technical analysis for AUD/USD. AUD/USD graph with support and resistance lines on it. Click to enlarge: The Aussie enjoyed the strong Chinese growth figures to rise – Australia’s main trade...