Forecast & Technical Analysis

BrokerTrending provides you with the latest Australian Dollar(AUD) to US Dollar forecasts. Find here a technical analysis on a weekly basis on the currency pair AUD/USD.

AUD/USD Likely to Test Key Resistance as ADP’s Non-Farm Employment Figure Signals Slowing US Economy

Australia – Building Approvals On Monday, at GMT 9:30 p.m., the Australian Bureau of Statistics released the national month-over-month building approvals figure. It measures the changes in the number of approvals of new buildings. A building permit indicates new construction work. It also suggests that there would be additional positive economic activities. For example, new […]

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AUD/USD Likely to Turn Bearish if Inflation Picks Up In the United States

Australia – National Australia Bank (NAB) Limited Business Confidence Index On Tuesday, at GMT 1:30 a.m., the National Australia Bank (NAB) Limited released its monthly business confidence index figure. It measures the level of a diffusion index based on a survey of 350 businesses in Australia. The survey asks respondents to rate the current business […]

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AUD/USD Bulls Likely to Dominate Amid Concerns Regarding the US Unemployment Rate

AUD/USD Forecast & Technical Analysis Australia – Company Operating Profits On Monday, at GMT 1:30 a.m., the Australian Bureau of Statistics released the quarter-over-quarter company operating profits statistics. It measures the changes in the total value of profits earned by Australian corporations over the past quarter. Plus500 traders and global market participants consider this data […]

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