AUD/USD falls slightly to close to 0.6600 after Australia’s data
The Australian dollar has seen a drop due to uncertainties, following a Bloomberg report suggesting that China’s mineral resources group has stopped purchasing from BHP. Australia’s AIG Industry Index moved up from 7.6 points to -13.2 in September. Recent employment data from the US has raised speculation about possible rate cuts from the Federal Reserve. […]
What are the dates for China’s Retail Sales and Industrial Production and their potential impact on AUD/USD?
China’s Economic Performance in August In August, China’s retail sales rose by 3.4% compared to the same month last year, building on increases of 3.8% and 3.7% noted in July, according to data from the National Bureau of Statistics (NBS) released on Monday. Meanwhile, industrial production saw a year-on-year growth of 5.2% during the same […]
When is the China CPI report, and what effect might it have on AUD/USD?
China’s CPI and PPI Updates In August, China’s Consumer Price Index (CPI) dropped by 0.4% compared to the previous year, following a 0% reading in July, according to the National Statistics Office’s report released on Wednesday. Market expectations had predicted a smaller decline of -0.2% for this period. On a month-over-month basis, China’s CPI inflation […]
What is China’s Trade Balance and how might it influence AUD/USD?
China’s Trade Balance Overview The Customs General Administration is set to release the trade data for August on Monday at 03:00 GMT. Expectations point to a significant increase in the trade balance, forecasted to reach $99.2 billion, a notable jump from the previous figure of $9.823 billion. Exports are projected to rise by 5.0%, while […]
AUD/USD Forex Signal 04/09: Negative Price Channel (Chart)
Today’s AUD/USD Signal Short Trade Ideas: Consider entering a short position between $0.65207 and $0.65351, where recent intraday lows have confirmed bearish price channels. The daytime highs are sitting at medium levels. Set a stop-loss 10 pips above your entry point. If your trade hits a profit of 25 pips, it’s important to adjust and […]
What is the timing of the Australian Trade Data and how might it impact AUD/USD?
Australia’s Trade Surplus Update Australia’s trade surplus is anticipated to grow to 7,310 million in July, surpassing the expected 4,920 million, with the previous figure revised to 5,366 million. Recent figures indicate that exports from Australia have risen by 3.3%, adjusting from the earlier 6.3% reported last month. In contrast, imports have seen a decline, […]
AUD/USD Forex Signal: Is It Still Possible to Get in on the Sell-Off?
Created on September 3, 2025 Today’s AUD/USD Signal Short Trade Ideas Consider short entries between $0.65068 and $0.65222, which were prior lows and highs for the day, aligning with mid and upper bands of the bearish price channel. Set a stop loss at 10 pips above the entry point. If the trade gains 25 pips, […]
AUD/USD Prediction for Today 02/09: Facing Resistance
Created on September 2, 2025 On Monday, the Australian Dollar saw a mildly positive day, though it’s clear we’re still facing challenges at the same price level. The 0.6550 mark seems to be a point of attraction. I believe there’s potential to move higher, but it appears limited, especially with the 0.66 level being quite […]
AUD/USD begins an important week on a strong note
The AUD/USD climbed on Monday, gaining another 0.2%, marking its fifth consecutive bullish session. The Australian Dollar is benefiting from a significant decline in the US dollar. Investors are anticipating that Friday’s US Non-Farm Payroll (NFP) report will bolster expectations for a reduction in the Federal Reserve’s interest rates. The AUD/USD pair increased by about […]
AUD/USD Forex Signal 27/08: Trapped in a Narrow Range (Chart)
Created on August 27, 2025 Strong Outlook Consider buying the AUD/USD pair and aim for a take profit at 0.6560. Place a stop loss at 0.6420. Timeframe: 1-2 days. Bearish Perspective Consider selling AUD/USD pairs and target a take profit at 0.6420. Add a stop loss at 0.6560. The AUD/USD pair has remained stable following […]