Daily Trading Signals by Exness - AUD/USD

[Exness Support]

28.08.2014 8:08 AUDUSD
AUDUSD: growth on the back of increased capital expenditure in the private sector in Australia

Buy on rebound from 0.9344 level with 0.9400 and 0.9470 targets. Stop Loss = 0.9300.

Reason for the trading strategy.

Despite July's decline of 5.7% (m/m) in the sale of new homes in Australia, news about the growth of capital expenditure in the private sector there is bolstering the Aussie. The last indicator for Q2 in 2014 increased by 1.1% (q/q), which is lower than the forecast of -0.9% (q/q). The desire of Australian households to spend more than save could lead to inflationary pressures in the economy, which will affect the monetary policy of the Reserve Bank of Australia.

AUDUSD, H4

 

[Exness Support]

02.09.2014 9:09 AUDUSD
AUDUSD: under pressure against the background of maintaining Australia's key interest rate at 2.5%

Buy on rebound from 0.9270 level with 0.9320 target. Stop loss = 0.9230.

Reason for the trading strategy.

Today, negative data on the current operations of the balance surplus in Australia was published. This indicator for Q2 in 2014 fell from (-7.8 billion) to (-13.7 billion). Also today, the RBA kept its benchmark interest rate in the country at 2.5%. However, follow-up comments were made, stating that the current value of the Aussie significantly exceeds its fundamental assessment.

AUDUSD, H4

 

[Exness Support]

03.09.2014 9:09 AUDUSD
AUDUSD: growth after the publication of Australia's GDP for Q2 of 2014

Buy on rebound from a 0.9270 level with a 0.9320 target. Stop loss = 0.9230.

Reason for the trading strategy.

Australia's GDP in Q2 of 2014 increased by 3.1% (y/y) with a forecast of 3.0% (y/y). The data reflect an increase in aggregate demand in the domestic economy, which favorably influences the course of the Aussie.

AUDUSD, H4

 

[Exness Support]

11.09.2014 8:08 AUDUSD
AUDUSD: growth after publication of labor market data for Australia

Buy on a level breakthrough of 0.9217 with 0.9287 target. Stop loss = 0.9150.

Reason for the trading strategy.

In August, the employment rate in Australia rose by 121.0 thousand with a forecast of +15.2 thousand. The unemployment rate in the same period fell from 6.4% to 6.1%. It is worth noting that such a sharp increase in (total) employment was largely due an increase in part-time employment by 106.7 thousand. In August, the number of full-time employed grew by 14.3 thousand people. The news is positive for the course of the "Aussie". Opening long positions in the AUDUSD pair is worth considering above the intraday maximum of 0.9217.

AUDUSD, H4

 

[Exness Support]

10.10.2014 8:08 AUDUSD
AUDUSD: under pressure due to lower dynamics of lending in Australia

Buy on a level breakthrough of 0.8800 with 0.8900 target. Stop loss = 0.8740.

Reason for the trading strategy.

The Aussie has adjusted itself to the 0.8745 support level after the publication of negative statistics on the dynamics of lending in Australia. In particular, the number of approved housing loans in the country in August decreased by 0.9% (m/m), and of investment loans - by 0.1% (m/m).

AUDUSD, H4

 

[Exness Support]

15.10.2014 9:09 AUDUSD
The Aussie dollar remains attractive near the 0.8650 support level

Buy on rebound from 0.8650 level with 0.8750 target. Stop loss = 0.8600.

Reason for the trading strategy

Today, the Aussie will be supported by the October increase of 0.9% (m/m) in the Westpac Consumer confidence index in Australia. However, the search of long positions on the Aussie should be considered above of 0.8650 the level.

AUDUSD, H4

 

[Exness Support]

20.11.2014 7:07 AUDUSD
The Aussie is approaching the annual minimum of 0.8538

Buy on rebound from 0.8538 level with 0.8600 target. Stop loss = 0.8480.

Reason for the trading strategy

The Australian dollar came under pressure against the background of China's HSBC business activity index in the manufacturing sector falling from 50.4 to 50.0 p. In the evening, the Aussie will be likely find support near the 0.8538 level, if the October consumer price index in the US actually declines by 0.1% (m/m).

AUDUSD, H4

 

[Exness Support]

01.12.2014 7:07 AUDUSD
AUDUSD: under pressure against the background of a reduction in business activity in China's production sector

Sell on a level breakthrough of 0.8412 with 0.8318 target. Stop loss = 0.8470.

Reason for the trading strategy

In November, the PMI in China's manufacturing sector declined from 50.8 p. to 50.3 p., which was worse than the forecast of 50.5 p. The Australian dollar had a nervous reaction to the slowdown in the economic activity in the largest Asian economy, and fell to the 0.8412 level.

AUDUSD, H4

 

[Exness Support]

02.12.2014 7:07 AUDUSD
AUDUSD: growth against the background of maintaining Australia's key interest rate at 2.5%

Buy on a level breakthrough of 0.8539 with 0.8615 target. Stop loss = 0.8490.

Reason for the trading strategy

The Reserve Bank of Australia has kept its benchmark interest rate unchanged at 2.5%. According to the bank, the pace of economic growth in Australia will be slightly below the trend that has prevailed for several quarters. Today, an assessment of Australia's balance of payments in Q3 of 2014 was published, proving to be better than expected. We believe that the strongly oversold Aussie will in the short term test the resistance level of 0.8615.

AUDUSD, H4

 

[Exness Support]

04.12.2014 7:07 AUDUSD
The Australian macroeconomic statistics has not helped the Aussie

Sell on a level breakthrough of 0.8376 with 0.8318 target. Stop loss = 0.8426.

Reason for the trading strategy

The October retail sales and trade balance figures for Australia published today were better than expected. However, they did not give proper support for the Aussie. The expectations of an increase in US interest rates next year, "play into the hands" of the American currency.

AUDUSD, H4

 

[Exness Support]

AUDUSD
Jan. 13, 2015, 08:54

Buy on a level breakthrough of 0.8196 with 0.8253 target. Stop loss = 0.8150.

Reason for the trading strategy

In December, China's trade balance fell from 54.5 billion to 49.1 billion dollars. In annualized terms, imports fell by only 2.3% with a forecast of -7.4%, exports rose by 9.9%, being better than the expected +6.8%. Overall, the statistics on foreign trade of China, which is Australia's largest trading partner, was better than expected and provided support for the Aussie.

AUDUSD, H4

 

[Exness Support]

AUDUSD
Jan. 14, 2015, 08:42

Buy on rebound from 0.8033 level with 0.8120 target. Stop loss = 0.7970.

Reason for the trading strategy

The fall in the prices for copper, which is exported to Australia, down to 6-year lows today, provoked the collapse of the Australian dollar in the international currency market. Market participants fear a slower global economic growth in 2015 than previously expected.

AUDUSD, H4

 

[Exness Support]

AUDUSD
Jan. 27, 2015, 09:56
Sell on a level breakthrough of 0.7902 with 0.7856 target. Stop loss = 0.7948.

Reason for the trading strategy

In December, the NAB business sentiment index in Australia increased from 1p. to 2 p. The data indicate a likely improvement in the macroeconomic situation in the country. Note that in December, China, Australia's largest trading partner, showed growth in a variety of indicators. However, on a downward trend, buying the Aussie is quite risky.

AUDUSD, H4

 

[Exness Support]

AUDUSD
Feb. 6, 2015, 09:04
Buy on a level breakthrough of 0.7852 with 0.8000 target. Stop loss = 0.7800.

Reason for the trading strategy

The Reserve Bank of Australia has lowered its medium-term forecasts for GDP growth and inflation. The RBA predicts that core inflation will be maintained in the range of 2% to 3% until mid-2017, while GDP will be maintained in the 2.25%-3.25% range by the end of 2015. The forecasts were better than expected. This gives us hope that interest rates will not be cut at the next RBA meeting.

AUDUSD, H4

 

[Exness Support]

AUDUSD
April 10, 2015, 10:03
Sell on a level breakthrough of 0.7669 with 0.7626 target. Stop loss = 0.7710.

Reason for the trading strategy

In February, the number of mortgages in Australia rose by 1.2% (m/m) with a forecast of +3.0% (m/m). However, in February, the number of approved investment home loans in Australia decreased by 3.4% (m/m). The statistics is negative for the Aussie.

AUDUSD, H4

 

[Exness Support]

AUDUSD
April 16, 2015, 08:23
Buy on a level breakthrough of 0.7782 with 0.7913 target. Stop loss = 0.7710.

Reason for the trading strategy

The Aussie has grown after the publication of strong statistics on the labor market in Australia. In March, the unemployment rate fell from 6.2% to 6.1%, while employment grew by 37.7 thousand. In the short term, the AUD/USD pair may grow to the 0.7913 level.

AUDUSD, H4

 

[Exness Support]

AUDUSD

May 11, 2015, 09:55

Buy on a level breakthrough of 0.7931 with 0.8031 target. Stop loss = 0.7870.

Reason for the trading strategy

In April, consumer inflation in China fell by 0.2% (m/m). In annual terms, prices rose by 1.5%, but were

lower than the forecast of 1.6%. In order to support the business activity in the country, on May 10, the

People's Bank of China cut its key interest rate by 25 b. p. to 5.1%. The news is positive for commodity

assets. On a resistance level breakthrough of 0.7931, opening long positions in the Aussie is worth

considering.

AUDUSD, H4

 

[Exness Support]

AUDUSD: under pressure after the publication of the economic statistics on China

AUDUSD
May 13, 2015, 08:58
Sell on a level breakthrough of 0.7942 with 0.7875 target. Stop loss = 0.8000.

Reason for the trading strategy

Today's publication of China's economic statistics confirmed the need for a soft monetary policy in this country. In April, the indexes of industrial production, retail sales and investment in fixed assets in China were worse than expected. The Australian economy, which exports 90% of goods to China, needs a weak national currency rate.


AUDUSD, H1

 

[Exness Support]

AUDUSD:under pressure after the publication of the RBA minutes

AUDUSD
Mag. 19, 2015, 08:38
Sell on a level breakthrough of 0.7955 with 0.7873 target. Stop loss = 0.8010.

Reason for the trading strategy

The RBA meeting minutes noted a need for a rate cut in May against the background of a moderate economic growth and inflation in the country. The RBA has room for taking further action if necessary. Further depreciation of the Australian dollar is both likely and necessary.



AUDUSD, H1

 

[Exness Support]

AUDUSD: consolidation after the publication of the business activity index in China's manufacturing sector

AUDUSD
Mag. 21, 2015, 10:39
Buy on a level breakthrough of 0.7913 with 0.7963 target. Stop loss = 0.7863.

Reason for the trading strategy

In May, the HSBC business activity index in China's manufacturing sector grew from 48.9 p. to 49.1 p., but turned out to be worse than the expected 49.3 p. China's business activity will probably continue to grow against the background of the recent easing of the monetary policy. In general, the news is positive for commodity currencies, as well as for the Aussie.



AUDUSD, H4