AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar. Follow the AUD/USD live with the interactive chart and read the latest forecast and AUD/USD news to boost your technical and fundamental analysis when trading this pair.
AUD/USD has found fresh buyers near 0.6400, hanging near YTD lows after strong China's Q1 GDP data. However, the further upside appears elusive amid weak Chinese activity data and sustained US Dollar demand. Focus shifts to US data, Fedspeak.
If sellers remain in control, AUD/USD could fall to the 2024 low of 0.6442 (February 13). Breaking below this level may result in a potential test of the 2023 bottom of 0.6270 (October 26), before the round level of 0.6200.
On the flip side, there is an immediate hurdle at the key 200-day SAM of 0.6539 prior to the April high of 0.6644 before reaching the March top of 0.6667 (March 8) and the December 2023 peak of 0.6871. Further north, the July high of 0.6894 (July 14) precedes the June top of 0.6899 (June 16) and the crucial 0.7000 threshold
AUD/USD has found fresh buyers near 0.6400, hanging near YTD lows after strong China's Q1 GDP data. However, the further upside appears elusive amid weak Chinese activity data and sustained US Dollar demand. Focus shifts to US data, Fedspeak.
If sellers remain in control, AUD/USD could fall to the 2024 low of 0.6442 (February 13). Breaking below this level may result in a potential test of the 2023 bottom of 0.6270 (October 26), before the round level of 0.6200.
On the flip side, there is an immediate hurdle at the key 200-day SAM of 0.6539 prior to the April high of 0.6644 before reaching the March top of 0.6667 (March 8) and the December 2023 peak of 0.6871. Further north, the July high of 0.6894 (July 14) precedes the June top of 0.6899 (June 16) and the crucial 0.7000 threshold