Currency pair AUDUSD is rather widespread currency among traders known as “Aussie”, and also it is considered the most suitable option for the beginning traders. The Australian dollar is interesting to traders for several reasons: the political situation of the country is practically always stable, movements of the pair are to a lesser extent subjected to fluctuations which can be caused by speculative transactions, the schedule of the currency rate correlates with a price performance on precious metal that allows using a currency pair AUDUSD as a hedging instrument of financial transactions.
Eurozone inflation held steady as expected in April. The ECB is expecting a rate cut on June 6, provided there is no surprise in wage or price deve...
The dollar edged towards its highest level this year against a basket of peers and U.S. share futures dipped on Wednesday ahead of a Federal Reserv...
The yen dropped against the dollar yesterday quite heavily, wiping out some recent gains sparked by suspected intervention by Japanese authorities....
The Bank of Japan (BOJ) kept interest rates steady on Friday and highlighted that inflation was on track to durably hit its target of 2% in coming ...
The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, comin...
U.S. economic growth (GDP change) slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure...
Australian consumer price inflation slowed less than expected in the first quarter as service cost pressures stayed stubbornly high, a disappointin...
The yen was pinned on the weaker side of 155 per dollar on Thursday as the Bank of Japan (BOJ) kicks off its two-day rate-setting meeting, leaving ...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave, reaching 1.0752, and declined to 1.0673. Practically, the market continues to form a wide consolid...
EURUSD, “Euro vs US Dollar”The EURUSD pair has completed a growth wave towards 1.0733 and a decline link to 1.0678. Practically, the boundaries of a consolidation range h...
EURUSD, “Euro vs US Dollar”EURUSD is testing the upper boundary of the descending channel. The pair is going inside the Ichimoku Cloud, which suggests a sideways movement...
EURUSD, “Euro vs US Dollar”The EURUSD pair continues developing a consolidation range around 1.0700. A growth link to 1.0717 is expected. Next, a decline link targeting 1...
EURUSD, “Euro vs US Dollar” The EURUSD pair escaped the consolidation range upwards and completed a growth link at 1.0710. Today it might drop to 1.0666 (testing from abo...
EURUSD, “Euro vs US Dollar” The EURUSD pair is currently in a consolidation phase around 1.0650 without any strong trend. A price rise to 1.0693 is not ruled out, followe...
AUDUSD, "Australian Dollar vs US Dollar" AUDUSD quotes are below the 200-day Moving Average on D1, indicating the prevalence of a downtrend. However, a convergence has form...
EURUSD, “Euro vs US Dollar” The EURUSD pair continues developing a consolidation range around 1.0650. A growth link targeting 1.0693 is not excluded, after which a declin...
Currency pair AUDUSD is considered highly liquid. It should be noted that every day more than 5% of transactions in the Forex market takes place with this pair participation. The peak of activity of the biddings on this currency pair fall in the period of the Asian and Australian exchanges work. Considering that fact that at pairs there is a US dollar, traders can't lose track of an economic condition of the United States of America and carefully watch the news. In order to make a good profit it is necessary to draw a certain parallel between economic indicators in Australia and the USA, it will give the chance to determine more precisely further market behavior.
You shouldn't lose sight of the currency pair AUDUSD chart on which it will be possible to easily trace historical minimums and maximums, and significant levels of support and resistance of the pair.