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Australian Dollar Starts Year on Strong Footing

The Australian dollar traded mostly higher against its most-traded rivals on the back of the positive market sentiment. Traders looked into the future with optimism thanks to expectations of coronavirus vaccine rollouts and the subsequent recovery of the global economy. A manufacturing report for China, Australia’s biggest trading partner, missed expectations but it did not seem to have a material impact on markets, perhaps because the data was not outright bad.

Bears to Take Over from 0.7744 on AUD/USD?

The Australian versus the US dollar currency pair touched the level of 0.7744 and retraced sharply. Is this a sign that the bears are coming back, or it’s just the bulls recharging their batteries?

0.7587 Keeping Bulls in Check on AUD/USD?

The Australian versus the US dollar currency pair seems to be halted by the 0.7587 area. Are the bears strong enough to limit further bullish advancement?

AUD/NZD Putting Off a Decision from 1.0707

The Australian versus the New Zealand dollar currency pair seems to be prepared to fall. Yet, it continues climbing,

Bulls on Course for 0.7744 on AUD/USD

The Australian versus the United States dollar currency pair seems to be under bullish control. When comes the turn for the bears?

Bulls Actually Aiming for 1.0707 on AUD/NZD?

The Australian versus the New Zealand dollar currency pair seems to be unwilling to let the bears play their part.

Where to from 0.7571 on AUD/USD?

The Australian versus the US dollar currency pair convinced everybody that is on the bullish side. However, are the bears going to just wait and see?

Australian Dollar Strongest as Markets Favor Riskier Currencies

The Australian dollar was the strongest currency on the Forex market today as the sentiment was favoring riskier currencies. Domestic macroeconomic data was supportive of Australia’s currency.

Bulls Attempting a Takeover on AUD/NZD from 1.0551

The Australian versus New Zealand dollar currency pair seems to be willing to steer towards the north. Are the bears going to allow this?

AUD/USD at 0.7449 and Closer to 0.7600

The Australian versus United States dollar currency pair seems to be checking every point of the checklist that promises 0.7587.

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