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Australian Dollar Fundamental Analysis.


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Aussie exchange rate movements in the Asian session (03:50:35 GMT / 10:50 GMT) moving strongly against the US dollar, after opening lower at 0.75690 in early trading, the Aussie exchange rate rose 2 pips and roll values ​​are at 0 ,75712. Pair try to approach strong resistance range.

 

AUDUSD on Asian session tried to rally with a positive energy building approval data releases which were very impressive with a surge compaction of contraction from the previous period data. But the momentum anticipation of Friday's US NFP data makes strengthening the exchange rate no longer despite conditions that crude oil prices have contributed to the positive sentiment strengthened.

 

Technically AUDUSD will rise again to the range between 0.75902-0.76101, if it reaches that range then the pair may rise back into the range of 0.76437-0.76664. But if it does not reach this range then the pair fell back to the range of 0.75500-0.75372. So the normal range of AUDUSD is estimated to have the support level at 0.74759 and the resistance level at 0.76430.

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In the middle of the European session forex trading Wednesday (31/8) still showed a positive movement since the Asian session ended. Previous aussie is already weakened by the strengthening US dollar sentiment after the rise of a strong signal the Fed rate hike last weekend despite the economic data released seeks to provide positive sentiment.

However, positive correction that occurred in the European session is in support by market's caution on US NFP Data to be released on Friday, where this data may support the Fed rate hike signals or even dropping back. And data from ADP tonight a little give concern to the data, because the data lower expectations of economists.

Aussie exchange rate movements in the European session (10:40:35 GMT) moving weak against the US dollar, after opening lower at 0.75082 early in the Asian trading session. For subsequent trade to the American trading session this evening, it seems that AUDUSD may fall back into the range between 0.74900-0.74630. But if it is not until these ranges will rise back to around 0.75372.

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Aussie exchange rate movements in Asian session (03:50:35 GMT / 10:50 GMT) to move positively against US dollar, after opened lower at 0.75172 in early trading (0000 GMT), this air has been run through a range of strong resistance.

Exchange rate of Australian dollar managed to rally on Asian session despite the release of economic data which is expected from a positive sentiment but showed disappointing data. Data such as capital expenditure data of private companies and Australian retail sales lower than expected and the previous period.

It seems that AUDUSD will rise again to the range between 0.75600 - 0.75750, but if it does not reach these ranges, the pair may dropped to between 0.74960-0.74680. So the normal range on the AUDUSD pair is estimated to have the support level at 0.74453 and the resistance level at 0.75866.

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Aussie exchange rate movements in the Asian session (04:30:35 GMT) move positively against US dollar, after opening higher at 0.7552 in early trading (0000 GMT), the Aussie exchange rate roll values 0.7557.

 

Australian dollar exchange rate gains in the Asian session continue the third consecutive day against the US dollar even though commodity prices are down after the weakening of crude oil prices. Aussie had gained by sentiment weakening US dollar is at risk if the NFP data tonight back signal weakens Fed rate hikes.

 

AUDUSD will rise again to the range of 0.7570-0.7595, but if it does not reach The range of the pair may be a correction down to the range of 0.7511-0.7479. And if it reaches the range of pair further up on the range betweem 0.7610. So the analyst argued that the normal range AUDUSD pair is estimated to be support level at 0.7450 and the resistance level at 0.7619.
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Australian Dollar exchange rate movements in the European session (07:00:35 GMT) to move positively against US dollar, after opening higher at 0.75690 in early trading (0000 GMT), the Aussie exchange rate rose 32 pips and rolling values at 0,76012.

Australian dollar exchange rate continue its rally from Asian session which began four days ago in a row against US dollar by the positive sentiment of economic data released this morning aside by the momentum of the weakening US dollar. Economic data contributed labor rally in that the data ANZ job advertisements and company operating profits.

Technically AUDUSD will rise again to the range of 0.7618-0.7648, but if it does not reach this range then the pair may be a correction down to the range of 0.7532-0.7494. The normal range in the AUDUSD pair is estimated to have the support level at 0.74513 and the resistance level at 0.76874

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Aussie or Australian DOllar exchange rate movements in the Asian session (04:40:35 GMT / 11:40 GMT) to move positively against US dollar, after opening higher at 0.7584 in early trading , the Aussie exchange rate rose 39 pips and rolling values of this pairare at 0,7623.

Australian dollar exchange rate continue its rally on Asia session which began five days ago in a row against US dollar by the positive sentiment of economic data released this afternoon than by the momentum of dollar weakness. Economic data that accounts for energy rally is the position of the RBA interest rate unchanged in line with expectations.

Technically AUDUSD will rise again to the range of 0.7645-0.7696, but if it does not reach this range then the pair may be a correction down to the range of 0.7561-0.7539. And if it reaches this range then the pair continued up to the top of the range 0.7700. So the normal range on the AUDUSD pair is estimated to have the support level at 0.7510 and the resistance level at 0.7690

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Aussie exchange rate movements in the Asian session (04:10:35 GMT / 11:40 GMT) moving weak against the US dollar, after opened higher at 0.7688 in early trading (0000 GMT), the Australian Dollar exchange rate fell against US Dollar by 15 pips and the rolling value are at 0,7673.

 

Australian dollar exchange rate continue its rally on Asian session which began five days ago in a row against US dollar by the positive sentiment of economic data released this afternoon than by the momentum of dollar weakness. Economic data that accounts for energy rally is RBA interest rate which remain unchanged in line with expectations. T

 

echnically AUDUSD will fall back into the range of 0.7610-0.7555, but if it does not reach this range then the pair could fall down into the range of 0.7700-0.7719. And if it reaches this range then the pair further down to below 0.7550 range. So the normal range of AUDUSD pair is estimated to have the support level at 0.7511 and the resistance level at 0.7776.

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Aussie exchange rate movements in the Asian session (04:40:35 GMT / 11:40 GMT) moving weak against the US dollar, after opening higher at 0.7672 in early trading (0000 GMT), up 9 pips Aussie exchange rate and the value of the AUDUSD's rolling value is at 0,7681.

 
Australian Dollar rate on Asian session managed to move higher after the retreat of the previous trading rally 5 consecutive days. Aussie received a rebound power of Australia's trade balance report in August by the ABS which showed a trade deficit of natural shrinkage.
 
Technically AUDUSD may rise to the range of 0.7695-0.7711, but if it does not reach this range then the pair may fall back into the range of 0.7656-0.7625. And if it reaches that range then the pair continued up to 0.7720. So the normal range on the AUDUSD pair is estimated to have support level at 0.7603 and the resistance level at 0.7737.
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Aussie exchange rate movements in the Asian session (03:20:35 GMT) moving weak against US dollar, after opening higher at 0.7643 in early trading (0000 GMT), up 9 pips for Aussie exchange rate and the rolling value of this pair is at 0,7647.

 

Exchange rate of the Australian dollar managed to rebound by Asian session weakness of the movement of US dollar against its rivals after earlier trading rose by resurgent Fed rate hike expectations. Aussie managed to resist the negative sentiment coming from the data of home loans Australia and China's easing inflation.

 

Technically AUDUSD may rise again to the range of 0.7665-0.7717, but if it does not reach this range then the pair may fall back into the range of 0.7631-0.7557. So the normal range of AUDUSD pair is estimated to have support level at 0.7534 and resistance level at 0.7733.

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Aussie exchange rate movements in the European session (07:35:35 GMT) moving weak against US dollar, after the price of AUDUSD opened lower at 0.7537 in early trading (0000 GMT), and is now the rolling value of AUDUSD is at 0.7505. Technically, this pair is heading the range is also strong support.

Aussie European session further depressed after 3 consecutive days before the natural attenuation, AUDUSD is now heading to the weakening of the innermost three months against US dollar. The currency market participants release coincides with the performance of crude oil that is being depressed supported this one.

Technically, the AUDUSD is expected to decline further to around 0.7495-0.7454 or even more, so it seems that the normal range of AUDUSD pair is estimated to have the support level at 0.7333 and then the resistance level which could be met at 0.7817.

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Aussie exchange rate movements in the Asian session (04:30:35 GMT / 11.30am) was moving weak against US dollar, after opened lower exactly at 0.7565 in early trading (0000 GMT), while now the exchange rate dropped 21 pips and rolling value is at 0,7544.

Australian dollar exchange rate experienced on Asian session by profit taking after early trading last week successfully rebounded strongly from a weaker third consecutive day the previous week. Aussie weakened ignored positive sentiment from NAB business sentiment survey data which shows the score increases. Aussie came under pressure from the drop in crude oil prices were also entertained the consolidation of the data of China.

Technically AUDUSD continues down to the range between 0.7535-0.7497, but if it does not reach this range then pair could climb back into 0.7572-0.7627. So the normal range on the AUDUSD pair is estimated to have the support level at 0.7455 and the resistance level at 0.7658.

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Venturing to forex trading on Asian session on Wednesday (13/9) Australian dollar exchange rate rebounded from a poor trading position despite the country's economic data releases indicate that the data is lower than previous trade. However, the strong force of US dollar by expectations of Fed rate hikes made aussie tend to be depressed back.

 

Fundamental indicator for Australian Dollar is very weak to move quickly beat his rivals as well as against the US dollar. Oil prices that often give power to the aussie if naturally rise, fell very significantly earlier trading by IEA projections. Data from Westpac this morning gives a negative sentiment against aussie, where consumer sentiment towards the Australian economy experienced a decline of optimistic and pessimistic approach.

 

Australian dollar exchange rate movements early Asian session (01:35:45 GMT) moved positively to the US dollar, after opening higher at 0.7467 in early Asian trade (0000 GMT), the Australian dollar exchange rate rose by 4 pips or 0.1% and the value of the rolling is at 0.7471.

 

For subsequent trade to the American trading session this evening, it estimated that AUDUSD continues to move down to the range between 0.7448 and 0.7407. But if there is a correction, the pair may rise towards the range between 0.7493-0.7526.

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Aussie exchange rate movements in European session (06:30:35 GMT) engaged weak against US dollar itself, after the price opened higher at 0.7470 in early trading (0000 GMT), right now it falls down around 3 pips, and the rolling value of Australian Dollar is at 0,7467.

Australian dollar exchange rate at the end of Asia session moved negative after opened higher than the previous trading as respond to poor Australian employment change data. But now seeks a strong rebound supported by the data of unemployment rate in August and grow stronger if the US economic data to press back US dollar.

Technically AUDUSD continued down to the range of 0.7441-0.7407, however if failed to reach these ranges, then AUDUSD could ascend to the range between 0.7487-0.7515. So the normal range of AUDUSD pair is estimated to have support level at 0.7385 and resistance level at 0.7535.

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In the middle of the European session forex trading Wednesday (31/8) still showed a positive movement since the Asian session ended. Previous aussie is already weakened by the strengthening US dollar sentiment after the rise of a strong signal the Fed rate hike last weekend despite the economic data released seeks to provide positive sentiment.

However, positive correction that occurred in the European session is in support by market's caution on US NFP Data to be released on Friday, where this data may support the Fed rate hike signals or even dropping back. And data from ADP tonight a little give concern to the data, because the data lower expectations of economists.

Aussie exchange rate movements in the European session (10:40:35 GMT) moving weak against the US dollar, after opening lower at 0.75082 early in the Asian trading session. For subsequent trade to the American trading session this evening, it seems that AUDUSD may fall back into the range between 0.74900-0.74630. But if it is not until these ranges will rise back to around 0.75372.

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The movement of Aussie in early European trading session earlier in the week (19/9) after a strong rally early happened on Asia session where the price rebound from pressure of USD last week. The power which this currency able to attain the highest position in 5 days is because of thks afternoon sentiment derived from the last minutes of the RBA meeting and the price of housing in Australia, where both of these data will be published tomorrow.

The market wants to make sure the return policy of the RBA last week did not change its monetary policy even though the inflation rate is still far below the target. RBA and the government agreed to a target inflation of around 2-3 per cent, making it easier for the RBA to change monetary policy.

Australian dollar exchange rate movements early European session (08:10:45 GMT) moves exhibited significantly stronger against US dollar, after in the opening higher at 0.7480 in early Asia trade (0000 GMT) Australian dollar exchange rate rose 66 pips and roll values ​​are at 0.7546. Pair already surpassed the strong resistance range.

For subsequent trade to American trading session this evening, it estimated that AUDUSD pair may continue to rise to the range of 0.7552-0.7587. But if there is a correction and fell back to around 0.7517 then the pair will go down to 0.7460.

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The movement of Aussie in the early European trading session on Tuesday (20/9) continue rally earlier trading after since Asian session was moving strongly opposed to US dollar. The power of Aussie to keep advanced to the highest position 9 days of trading this afternoon sentiment derived from the minutes of the RBA meeting.

In a treatise published RBA this morning, after the decline in interest rates by the central bank a few months ago to make consumer spending did not increase. Because according to RBA, consumers take advantage of lower interest rates to pay their debts rather than spending. This sentiment gives a signal RBA will cut interest rates again in the near future.

But the movement is strong second last day was overshadowed by the market waiting to be Japan's central bank monetary policy and the US central bank that showed the future global economic conditions further.

Australian dollar exchange rate movements early European session (07:30:45 GMT) moves exhibited significantly stronger against the US dollar, after opening higher at 0.7532 in early Asian trade and for subsequent trade to American trading session this evening, AUDUSD pair may continue to rise to the range of 0.7576-0.7615. But if there is a correction and fell back to the starting position trading at 0.7494.

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Aussie exchange rate movements in Asia session (01:50:35 GMT / 8:50 pm) was consolidating against the US dollar, after opening higher at 0.7557 in early trading (0000 GMT), the exchange rate rose 1 pips Aussie and rolling value is at 0 , 7558.

 

Exchange rate of Australian dollar in the early Asian session moving to consolidation by the market's caution BOJ and Fed monetary policy. Strong force this morning obtained from the increase in crude oil prices lifted commodity prices featured Australia.

 

It seems that AUDUSD will rise to the range of 0.7564-0.7581. If the price reaches the strong support it may fall below around 0.7500. So the normal range of AUDUSD pair is estimated to have the support level at 0.7484 and the resistance level at 0.7610.

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Aussie exchange rate movements in Asia session (01:30:35 GMT) is moving strongly against US dollar, after opened higher at 0.7620 in early trading (0000 GMT), and is now rolling value at 0.7628 . Technically, the pair also touched a range of strong resistance.

Aussie on Asian session tried to continue the rally three days earlier by the momentum of weakening US dollar after the announcement about Fed interest rate policy. Workers rally was also obtained from the RBA governor's statement that conveys still need to cut interest rates. But the movement today to watch out for profit taking.

Fundamentally AUDUSD is expected to rise again to the range of 0.7655-0.7690, but if it does not reach these ranges it can be a correction down to the range of 0.7597 - 0.7527. So normal AUDUSD pair is estimated to have the support level at 0.7474 and the resistance level at 0.7785.

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Aussie or Australian Dollar exchange rate movements in Asia session (03:40:35 GMT / 8:50 pm) is moving weak against US dollar, after opening higher at 0.7644 in early trading (0000 GMT), the exchange rate fell around 10 pips and rolling value is at 0,7633.

Australian dollar exchange rate experienced a profit taking on early Asia session after the previous pair up to an 11-day trade with a long rally. Sentiment that weakens Australian dollar was also triggered by a drop in crude oil prices after a successful rally for around 3 consecutive days.

Fundamentally, AUDUSD will drop to the range of 0.7625-0.7590, but if it reaches the range of strong support it will fall back to the range 0.7575-0.7533. So normal range for AUDUSD pair is estimated to have the support level at 0.7533 and the resistance level at 0.7734.

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Aussie exchange rate movements in Asia session (03:30:35 GMT / 8:50 pm) is moving weak against US dollar, after opened higher at 0.7618 in early trading (0000 GMT), and the exchange rate dropped by 2 pips also the rolling value is at 0,7616.

Australian dollar exchange rate on early Asia session got a weak sentiment continuing the decline in crude oil prices on weekend, but a rebound in crude oil prices this morning is going to reverse the movement of the currency. Strong signal aussie on Asia session later also came the decline of US dollar still.

Fundamentally it seems that AUDUSD will rise to the range of 0.7632-0.7664 if the decrease in pair in the morning did not reach the range of strong support. But if break the support, then the pair will be corrected downwards to 0.7580. So the normal range of AUDUSD pair is estimated to have the support level at 0.7541 and the resistance level at 0.7681.

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Australian Dollar or so called Aussie exchange rate movements at the end of the Asian session (03:30:35 GMT / 8:50 pm) is moving strongly against the US dollar, after the price opened higher exactly at 0.7635 in early trading (0000 GMT), Aussie exchange rate rose around 32 pips and the rolling values ​​are at 0,7667.

Australian dollar exchange rate end of the Asian session still shows that the movement of US dollar continued to rally against the previous trading rose by movements in world crude oil prices. Crude oil prices rallied back until the end of the Asian session.

AUDUSD is fundamentally going to rise to the range between 0.7678 and 0.7699, and if there is a correction may fall into the range of 0.7605-0.7581. So it could be argued that the normal range of AUDUSD is estimated to have the support level at 0.7561 and the resistance level at 0.7699.

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Aussie exchange rate movements on Asia session (04:00:35 GMT) is moving strongly against US dollar, after opened higher at 0.7667 in early trading (0000 GMT), the exchange rate dropped by 2 pips and observed the rolling value is at 0,7676.

 

Exchange rate of the Australian dollar on early Asian session is moving strongly after a weak move the start of trading and continued rally earlier trading. Previous AUDUSD weakened due to a decline in crude oil prices, and now keep rising despite the current price of crude oil still in a weak position.

 

Technically AUDUSD will continue to rise into the range of 0.7686-0.7733, but if there is a correction, the pair will decline to around the strong support. But if passed strong support then the pair will be corrected downward towards 0.7580. So it could argued that the normal range of AUDUSD pair is estimated to have the support level at 0.7535 and the resistance level at 0.7775.

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After Australian dollar managed to rally and achieve the strongest position two weeks earlier trading, Aussie dropped severely by profit taking following the market retreat by oil prices. In addition aussie pressure overshadowed strong US economic data which could elevate the evening session the US dollar.

Crude oil prices slipped back after the market digested back agreement we've reached OPEC at its meeting in Algeria to cut their crude oil production. Market's today deal and agreement questioned again how this will work.

Australian dollar exchange rate movements on European session (09:00:45 GMT) is still strong against the US dollar, after opened higher at 0.7693 in early Asia trade session(0000 GMT), Australian dollar exchange rate is now rolling on the position of 0.7660.

For subsequent trade to American trading session this evening, AUDUSD estimated will continue to fall into the range of 0.7649-0.7627. But if there is a fundamental lift oil prices make the pair to rise again towards the next level or exactly at around 0.7712.

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Aussie or Australian Dollar exchange rate movements in European session (07:05:35 GMT) engaged weak against US dollar, after the price of this pair opened higher at 0.7636 in early trading, it seems that Australian Dollar exchange rate fell around 36 pips and the rolling values ​​are at 0,7600. Pair has reached the range of strong support.

Aussie remained under pressure after entering European session continued pressure earlier trading, Deutsche Bank crisis has made the market a safe haven assault rate so that AUDUSD pair is less interesting especially now that crude oil prices retreat by profit taking. But the pair can be picked up on US session if the release of economic data is disappointing.

Technically AUDUSD will continue to fall into the range of 0.7586-0.7514, but if there is a correction, the pair may rise towards 0.7643-0.7712 range. So it seems that today the normal range for AUDUSD pair is estimated to have the support level at 0.7514 and the resistance level at 0.7735

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Aussie exchange rate movements on Asia session (05:05:35 GMT) engaged weak against US dollar, after the current price opened higher at 0.7636 in early trading (0000 GMT), AUDUSD rate fell around 36 pips and rolling values of this pair ​​are at 0,7600. Pair has reached the range of strong support.

 

Aussie in the end of Asia session still show a weakening movement since the profit taking by the market as the respond to the decline in oil prices crude which has been rallied for 3 consecutive days. And in the evening session or NY session/America session, US dollar is expected to be stronger by its PMI manufacturing performance data releases.

 

Technically AUDUSD will continue to fall into the range between 0.7630-0.7570, but if there is a correction, the pair may rise towards the range between 0.7641-0.7712. So it could be argued that the normal range of AUDUSD is estimated to have the support level at 0.7537 and the resistance level at 0.7742.

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