• This week, we have multiple high-impact data releases for both AU & US markets. • The AUDUSD is falling back into the range with strong selling pressure after peaking at 0.6900. • Expecting the AUDUSD to range between 0.6690 and 0.6810 this week on technical analysis. • Highlight economic event for this week is
• This week, we have US retail sales & AU labour market numbers releasing which are high impact. • We saw a 2.2% rise in the AUD/USD over last week as a fall in USD highlights global weakness. • Expecting the AUDUSD to range between 0.6680 and 0.6950 this week on technical analysis. – US
RBNZ Cash Rate & US CPI are the key high-impact events for this week. AUD/USD has seen strong support at 66c, so we could see a range/consolidation play this week. Expecting the AUDUSD to range between 0.6630 and 0.6730 this week on technical analysis. Expecting for USD to gain a bit of strength this week
• RBA, Non-Farm Payrolls & FOMC minutes being high-impact events for this week. • AUD/USD has seen strong support at 66c, so we could see a range/consolidation play this week. • Expecting the AUDUSD to range between 0.6600 and 0.6720 this week on technical analysis. We have some key US data coming out this week,
• We have a few key high-impact data events this week for the AU & US markets. • Strong selling pressure indicating more risk to the downside but potential consolidation/range moves. • Expecting the AUDUSD to range between 0.6600 and 0.6740 this week on technical analysis. AUDUSD will likely consolidate this week after last week’s
We have minimal high-impact data this week for the AU & US markets. USD public holiday on Monday, so minimal volatility is expected for AUDUSD. Expecting the AUDUSD to range between 0.6770 and 0.6940 this week on technical analysis. -USD is expected to range/consolidate after last week’s fall. -FOMC Chair Powell is expected to remain
• We have high-impact data this week for the AU & US markets, which could impact the AUD/USD. • AUDUSD will be heavily influenced this week by the US CPI & FOMC & AU employment data. • Expecting the AUDUSD to range between 0.6690 and 0.6800 this week on technical analysis. -AUD/USD will be persuaded
Summary We have high-impact data this week for the AU market, which could impact the AUD/USD. USD is likely to weaken over this week with risk to the upside for the AUD to gain strength. Expecting the AUDUSD to range between 0.6680 and 0.6570 this week on technical analysis. – We expect the RBA to
Summary • We have high-impact data this week for both AU/US markets, which could impact the AUD/USD. • USD likely to trade within the range this week/consolidate after last week’s big drop. • Expecting the AUDUSD to range between 0.6560 and 0.6450 this week on technical analysis. -This week’s AU/USD data can provide a lift
• No high-impact local data this week, only high-impact US events that may strengthen USD. • Potential upside to AUD/USD this week if RBNZ hikes the cash rate on Wednesday. • Expecting the AUDUSD to range between 0.6680 and 0.6570 this week on technical analysis. Not much happening in the AU market that could potentially