AUD/USD Live News

This page provides live coverage and news analysis on the AUD/USD currency pair

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May. 28, 2024

Mixed sentiment sees Aussie-Dollar currency pair ending the session broadly flat; establishes tight 0.6585 to 0.6682 range

Live - Updated 656 minutes ago.

Struggling to find upward momentum, Aussie-Dollar has shed 8 pips to currently trade at 0.6649 as it ranges between 0.6585 and 0.6682 so far today.

AUD/USD made an initial break below its 10 day Simple Moving Average at 0.6655, a possible indication of a forthcoming negative trend. The Australian dollar's upper Bollinger Band® is at 0.6705 which indicates a further downward move may follow.

Following today's unexpected losses, extensive multifactorial technical analysis forecasts Aussie-Dollar to buck against its prevailing uptrend and begin to dip lower in the short term. With all probabilities considered, the Aussie-Dollar is expected to attract significant bearish sentiment in the coming days.

Positive performances can be seen by looking at other currencies as USD/JPY is up 0.19%. EUR/JPY climbs 0.2% to trade around 170.64. GBP/JPY is up 0.15%.

The Australian dollar now trading 136.9% above its 3-month low of 0.6305.

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Week to date

Listless market leaves Aussie-Dollar trading around 0.6649 .

A good end to the trading week, AUD/USD is up to 0.6649, after closing yesterday at zero. Overall, a 0% move or 6,649 pips this week. (Start trading Aussie-Dollar at FXTM today).