This week, the AUD/USD pair has headed upwards, breaching the support levels at 0.7550, 0.7593, and 0.7634, and reached a monthly high of 0.7678. The upward momentum is attributed to the positive economic data from Australia as well as the overall dollar weakness following Fed’s decision on We...

AUD/USD Seems Exhausted Price is trading below the 0.7950 psychological level and looks a little overbought on the short term. Has retested a dynamic resistance and now could decrease if the dollar index will stay above the 92.94 previous low. AUD/USD is still trading in the green on the short

AUD/USD Into A Corrective Phase AUD/USD increased in the morning, but could drop much deeper in the upcoming days as the USDX may climb higher after the Friday’s rally. USDX decreased a little in the fresh start of the week, that’s why the greenback has lost some ground versus its rivals...

In addition to the Chinese Caixin Manufacturing PMI due out shortly, which will either confirm or deny Sunday's modest decline in the official Mfg PMI, the Reserve Bank of Australia’s (RBA) decision (due at 2:30pm Sydney time) headlines the region’s risk events this week. All of those surveyed

Global Markets: Asian stock markets: Nikkei gained 0.70 %, Shanghai Composite rose 0.05 %, Hang Seng declined 0.80 %, ASX fell 0.90 % Commodities: Gold at $1123 (-0.10 %), Silver at $17.60 (+0.30 %), WTI Oil at $60.68 (+0.20 %), Brent Oil at $66.95 (-0.05 %) Rates: US 10 year yield at 2.15, UK 10