• AU market data heavy this week, with RBA, GDP figures & Gov Lowe’s speech out. • Aussie is still in a consolidation phase, ranging between support and resistance. • Expecting the AUDUSD to range between 0.6390 and 0.6510 this week on technical analysis. • We expect the USD to continue consolidating this week with
Summary • Heavyweight data this week, with NFP & CPI expected to cause volatility in the AU/US markets. • Aussie entered into a consolidation phase, so we could see choppy price action this week with spikes. • Expecting the AUDUSD to range between 0.6360 and 0.6470 this week on technical analysis. • USD was volatile
• No AU high-impact data, but some US data, which is unlikely to move markets substantially. • Starting to see a potential rebound in the Aussie, end of the downtrend, consolidation phase. • Expecting the AUDUSD to range between 0.6340 and 0.6500 this week on technical analysis. • We still expect the AUDUSD to take
• This week, we have multiple high-impact impact data releases in the AU & US markets. • The AUDUSD has fallen 5% since mid-July, but we may see some consolidation now. • Expecting the AUDUSD to range between 0.6450 and 0.6580 this week on technical analysis. • USD is expected to consolidate this week after
• This week, we have high-impact data releases for the US market with a bank holiday in AU. • The AUDUSD is still subject to strong selling pressure but may find some relief with US CPI. • Expecting the AUDUSD to range between 0.6480 and 0.6700 this week on technical analysis. Big week for US
• This week, we have multiple high impact data releases for both AU & US markets. • The AUDUSD is still subject to strong selling pressure but may find some relief with the RBA data. • Expecting the AUDUSD to range between 0.6570 and 0.6720 this week on technical analysis. • We expect this week
• This week, we have multiple high-impact data releases for both AU & US markets. • The AUDUSD is falling back into the range with strong selling pressure after peaking at 0.6900. • Expecting the AUDUSD to range between 0.6690 and 0.6810 this week on technical analysis. • Highlight economic event for this week is
• This week, we have US retail sales & AU labour market numbers releasing which are high impact. • We saw a 2.2% rise in the AUD/USD over last week as a fall in USD highlights global weakness. • Expecting the AUDUSD to range between 0.6680 and 0.6950 this week on technical analysis. – US
RBNZ Cash Rate & US CPI are the key high-impact events for this week. AUD/USD has seen strong support at 66c, so we could see a range/consolidation play this week. Expecting the AUDUSD to range between 0.6630 and 0.6730 this week on technical analysis. Expecting for USD to gain a bit of strength this week
• RBA, Non-Farm Payrolls & FOMC minutes being high-impact events for this week. • AUD/USD has seen strong support at 66c, so we could see a range/consolidation play this week. • Expecting the AUDUSD to range between 0.6600 and 0.6720 this week on technical analysis. We have some key US data coming out this week,