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The Australian Dollar weakened this past week, setting itself up for further losses. What is the technical road ahead for AUD/USD, AUD/JPY, AUD/CAD and EUR/AUD?
Australian Dollar Outlook Still Biased Lower: AUD/USD, AUD/JPY, AUD/NZD, AUD/CAD 2021-07-25 05:00:00 Daniel Dubrovsky, Strategist Australian Dollar, AUD/USD, AUD/JPY, AUD/NZD, AUD/CAD – Weekly Technical Outlook Australian Dollar continues to aim lower against most of its peers AUD/NZD downtrend and AUD/CAD falling channel still in play AUD/USD - Bearish The Australian Dollar continued its downward trajectory against the US Dollar this past week. Albeit, AUD/USD trimmed losses into the weekend. Now, a bearish crossover between the 50-day and 200-day Simple Moving Averages may open the door ...
Australian Dollar Outlook Remains Bleak: AUD/USD, AUD/JPY, AUD/CAD, GBP/AUD 2021-07-18 05:00:00 Daniel Dubrovsky, Strategist Australian Dollar, AUD/USD, AUD/JPY, AUD/CAD, GBP/AUD – Weekly Technical Outlook Australian Dollar mostly weakened this past week, more to come? AUD/CAD eyeing potential bullish signal, GBP/AUD breakout eyed AUD/USD - Bearish The Australian Dollar extended losses this past week, with AUD/USD taking out the 0.7445 – 0.7479 support zone. This follows a series of bearish crossovers, including one between the 20-day and 50-day Simple Moving Averages (SMAs). Another one ...
Australian Dollar Analysis, More Losses Next? AUD/USD, AUD/JPY, AUD/CAD, GBP/AUD 2021-07-11 08:00:00 Daniel Dubrovsky, Strategist Australian Dollar, AUD/USD, AUD/JPY, AUD/CAD, GBP/AUD – Weekly Technical Outlook Australian Dollar extended losses against its major peers this past week AUD/CAD may consolidate with downside bias, GBP/AUD breakout eyed AUD/USD - Bearish The Australian Dollar extended its decline this past week against the US Dollar, with AUD/USD further confirming the break under the 200-day Simple Moving Average (SMA). A bearish crossover between the near-term 20-day and 50-day...
The US Dollar (via the DXY Index) saw all of its weekly gains evaporate following the May US nonfarm payrolls report as US Treasury yields receded.