• Heavy data this week for AU & US markets with RBA, GDP, NFP headlining this week. • Aussie is currently hovering under 67c after bullish momentum boosted the pair last week. • Expecting the AUDUSD to range between 0.6600 and 0.6710 this week on technical analysis. • This week we have a few major
• Headlining data for US & AU markets are the Core PCE index & AU CPI, respectively. • Aussie is currently hovering under 66c after bullish momentum boosted the pair last week. • Expecting the AUDUSD to range between 0.6530 and 0.6620 this week on technical analysis. • USD likely to remain subdued this week,
• Minutes & speech heavy this week for both AU & US markets & a bank holiday for the US on Fri. • Aussie is currently hovering around 65c flat after a large bullish breakout last week. • Expecting the AUDUSD to range between 0.6400 and 0.6590 this week on technical analysis. • Overall sentiment
• FED funds rate & NFP figures are the two key focuses this week for the US. No key AU data. • Aussie is currently sitting around mid 63c, showing signs of consolidation & a potential breakout. • Expecting the AUDUSD to range between 0.6270 and 0.6400 this week on technical analysis. • The US
• Speeches, AU CPI & PCE Price Index are the key focuses for this week for both AU & US. • Aussie is currently sitting around 63c, still showing signs of weakness. • Expecting the AUDUSD to range between 0.6280 and 0.6370 this week on technical analysis. • Expecting USD to consolidate this week. •
Summary • Retail Sales/FOMC Speech (US) & Employment/RBA Speech are the key focuses for this week. • Aussie lost strength last week, currently sitting around 63c, but still looking weak. • Expecting the AUDUSD to range between 0.6240 and 0.6400 this week on technical analysis. • USD will likely stay on top this week as
• CPI & FOMC minutes are the key focus this week for the US. • Aussie is still hovering around the 64c level, still in a consolidation phase. • Expecting the AUDUSD to range between 0.6300 and 0.6460 this week on technical analysis. • Global news of a war between Israel & forces in Palestine
• Heavy data this week for the US and the RBA announcement in AU as well. • Aussie broken under the 64c level with strong selling pressure. • Expecting the AUDUSD to range between 0.6250 and 0.6420 this week on technical analysis. • USD is likely to continue heading upward this week as the US
PCE Index in the USD & AUS CPI are the key headliners this week and market moving. Aussie seems to have found support around 64c, now beginning to trend higher. Expecting the AUDUSD to range between 0.6380 and 0.6510 this week on technical analysis. • USD is likely to continue trending higher due to US
• FOMC statement in the US being the key headliner this week and potentially market moving. • Aussie is still in a consolidation phase, ranging between key support and resistance. • Expecting the AUDUSD to range between 0.6380 and 0.6480 this week on technical analysis. • Interest rate week for the US – FOMC call.