AUD/USD Hourly Chart

AUD/USD Daily Chart

AUD/USD Analysis:

 

Australian Dollar - US Dollar Exchange Rate: 1.0487 (at the time of analysis update).
 
AUD/USD Outlook: Short term:
Volatile Sideways. Near-term: Up/Volatile Sideways.

AUD/USD Analysis (December 6, 2012): A buy position at 1.0480 with a stop-loss at 1.0460 (-20 pips) and take-profit target first at 1.0505 (+25 pips) and then 1.0520 (+40 pips). Please note that 1.0500 psychological level may cause some resistance and hence a very minimum risk (stop-loss) is advised.

Previous Analysis (December 5, 2012): A short-selling order at 1.0470 with a stop-loss at 1.0485 (-15 pips) and take-profit target first at 1.0445 (+ 20 pips) and then 1.0415 (+50 pips).
            
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Note: Please also take a look at AUD USD forecast for mid-term trading approach/outlook updated on the weekends for AUD/USD.

You may also check analysis for for USDJPY in the Forex forum and Forex blogs.

AUD/USD Interest Rate Comparison
(For Carry Trades)
Australian dollar interest rate
3.00%
USD interest rate
0.25%
AUD/USD interest rate comparision
2.75%

 

 

AUD/USD : Resistance and Support with Daily Pivot Points (Values at GMT 00:00)

 

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