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AUD/USD Forecast: Once Again Was Unable To Retain Gains Beyond 0.7300
Wednesday, September 16, 2020 - 5:05pm | 398Read More...AUD/USD Current Price: 0.7290 Aussie undermined by falling gold prices after an uneventful Fed. Australian August employment data expected to reflect the latest Victoria’s lockdown. AUD/USD once again was unable to retain gains beyond 0.7300, bearish risk increased. The AUD/USD pair hit a...
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AUD/USD Forecast: Retains A Neutral-To-Bullish Stance Near The 0.7300 Threshold
Tuesday, September 15, 2020 - 4:30pm | 379Read More...AUD/USD Current Price: 0.7300 The RBA Meeting Minutes showed that policymakers would welcome a weaker Aussie. Chinese upbeat Retail Sales and Industrial Production figures provided support. AUD/USD retains a neutral-to-bullish stance near the 0.7300 threshold. The AUD/USD pair surged to 0.7342,...
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AUD/USD Forecast: Is Mildly Bullish In The Short-Term
Monday, September 14, 2020 - 4:38pm | 449Read More...AUD/USD Current Price: 0.7292 Rising gold and equities fell short of triggering buying interest. The Reserve Bank of Australia will provide further details on its latest decision. AUD/USD is mildly bullish in the short-term, needs to break above 0.7310. The AUD/USD pair remained within familiar...
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AUD/USD Forecast: Holding On To Its Neutral Stance
Thursday, September 10, 2020 - 4:34pm | 351Read More...AUD/USD Current Price: 0.7259 Australian September Consumer Inflation Expectations came in at 3.1%, below the previous 3.3%. The heavy tone of Wall Street discouraged Aussie bulls. AUD/USD holding on to its neutral stance, bears could take over on a break below 0.7215. The AUD/USD pair is ending...
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AUD/USD Forecast: Accelerates Its Slump At The End Of The Day, Poised To Keep On Falling
Wednesday, September 9, 2020 - 4:31pm | 405Read More...AUD/USD Current Price: 0.7279 The Australian September Westpac Consumer Confidence came in at 18%, improving from -9.5%. Resurgent equities and firmer gold prices provided support to the greenback. AUD/USD turned neutral after hitting a weekly low of 0.7191. The AUD/USD pair is up this Wednesday...
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AUD/USD Forecast: En Route To Test 0.7170 A Mid-Term Static Support Level
Thursday, September 3, 2020 - 4:56pm | 372Read More...AUD/USD Current Price: 0.7273 Australian services output improved in August, but remain in contraction territory. Falling equities dragged the Aussie lower despite easing demand for the greenback. AUD/USD en route to test 0.7170 a mid-term static support level. The Aussie remained under selling...
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AUD/USD Forecast: Firmly Bearish And Seems Poised To Extend Its Decline
Wednesday, September 2, 2020 - 5:10pm | 376Read More...AUD/USD Current Price: 0.7326 Australian economy entered recession in Q2 after the GDP came in at -7.0%. The robust advance of Wall Street partially offset the negative tone of the pair. AUD/USD is firmly bearish and seems poised to extend its decline. The AUD/USD pair is ending Wednesday in the...
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AUD/USD Forecast: Moving Lower In The Short-Term, But Still Above 0.7300
Tuesday, September 1, 2020 - 5:44pm | 404Read More...AUD/USD Current Price: 0.7365 The RBA left monetary policy unchanged, repeated its previous message. Australian Q2 Gross Domestic Product is foreseen at -6.0% as a result of the ongoing pandemic. AUD/USD is moving lower in the short-term, but still above 0.7300. The AUD/USD pair is little...
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AUD/USD Forecast: Technically Overbought Near Fresh Two-Year Highs
Monday, August 31, 2020 - 5:30pm | 431Read More...AUD/USD Current Price: 0.7382 The Reserve Bank of Australia is having a monetary policy meeting this Tuesday. Australian Q2 Company Gross Operating Profits increased 15% much better than the 1.2% expected. AUD/USD is technically overbought near fresh two-year highs. The AUD/USD pair reached 0....
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AUD/USD Forecast: Holding Near A Fresh Year High At 0.7290 And Could Break Above It
Thursday, August 27, 2020 - 3:43pm | 365Read More...AUD/USD Current Price: 0.7260 Australian data beat expectations but still showed a steep economic downturn. The solid performance of Wall Street provided support to the Aussie. AUD/USD is holding near a fresh year high at 0.7290 and could break above it. The AUD/USD pair reached a fresh 2020...
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AUD/USD Forecast: Trades At Daily Highs With A Modest Bullish Stance
Tuesday, August 25, 2020 - 4:13pm | 336Read More...AUD/USD Current Price: 0.7191 The Aussie remained resilient to the intraday dollar’s demand. Australia will publish Q2 Construction Work Done this Wednesday. AUD/USD trades at daily highs with a modest bullish stance. The AUD/USD pair is trading near a daily high of 0.7195, higher in range...
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AUD/USD Forecast: Failed Attempt To Regain 0.7200 Further Favors A Downward Extension
Monday, August 24, 2020 - 5:36pm | 320Read More...AUD/USD Current Price: 0.7154 The good performance of equities and increased demand for the greenback kept the pair ranging. The Australian macroeconomic calendar will remain empty until next Wednesday. AUD/USD failed attempt to regain 0.7200 further favors a downward extension. The AUD/USD pair...
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AUD/USD Forecast: Needs A Little Push To Reach Fresh Early Highs
Thursday, August 20, 2020 - 4:22pm | 361Read More...AUD/USD Current Price: 0.7196 The better performance of equities helped the Aussie to recover part of the ground lost. Australian August Commonwealth Bank PMIs to be out this Friday. AUD/USD is bullish near 0.7200, needs a little push to reach fresh yearly highs. The AUD/USD pair got to recover...
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AUD/USD Forecast: Is Technically Bullish, Although The Momentum Is Limited
Monday, August 17, 2020 - 6:45pm | 398Read More...AUD/USD Current Price: 0.7208 The Aussie found support in the renewed demand for the bright metal, which reached 1,990. Focus shifts to the Minutes of the latest Reserve Bank of Australia meeting. AUD/USD is technically bullish, although the momentum is limited. The AUD/USD pair surged to 0.7227...
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AUD/USD Forecast: Eases Within Range And Turned Bearish In The Short-Term
Thursday, August 13, 2020 - 3:52pm | 409Read More...AUD/USD Current Price: 0.7141 Australia recovered 114.7K job positions in July, unemployment rate at 7.5%. Chinese Industrial Production and Retail Sales to be out early Asia. AUD/USD eases within range and turned bearish in the short-term. The AUD/USD pair peaked at 0.7187 at the beginning of...
















