(VIANEWS) – AUD/USD (AUDUSD) has been up by 2.26% for the last 21 sessions. At 15:06 EST on Wednesday, 3 January, AUD/USD (AUDUSD) is $0.67.
Aud/usd forex signal: finding support at $0.6752? – 03 January 2024
I wrote in my previous forecast a little more than two weeks ago that the AUD/USD currency pair was consolidating within a very clearly defined range.
AUD/USD’s yearly highs and lows, it’s 7.286% up from its 52-week low and 5.967% down from its 52-week high.
Volatility
AUD/USD’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.08%, a positive 0.10%, and a positive 0.47%, respectively.
AUD/USD’s highest amplitude of average volatility was 0.26% (last week), 0.41% (last month), and 0.47% (last quarter), respectively.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD’s Forex is considered to be overbought (>=80).
Previous days news about AUD/USD (AUDUSD)
- Aud/usd hovers around the 0.6800 mark in the first trading day of 2024, US PMI data eyed. According to FXStreet on Monday, 1 January, "The AUD/USD pair drifts lower on the first trading day in 2024 during the early Asian session on Tuesday. ", "This, in turn, exerts some selling pressure on the US Dollar (USD) and acts as a tailwind for the AUD/USD pair. "
- Aud/usd forex signal: stuck in a range as China woes mount – 02 January 2024. According to DailyForex on Tuesday, 2 January, "The AUD/USD pair retreated to a low of 0.6800, a few points below last week’s high of 0.6870. ", "The AUD/USD price has been in a strong uptrend in the past few months, helped by the retreating US dollar. "
- Aud/usd declines into 0.6750 as greenback lurches higher, China data beat bolsters aussie. According to FXStreet on Tuesday, 2 January, "The AUD/USD fell on Tuesday, sliding 0.8% on the day to kick off the first official trading day of 2024 with broader markets tipping back into the US Dollar (USD), though Aussie (AUD) losses were limited by a better-than-expected print in China’s Caixin Manufacturing Purchasing Managers’ Index (PMI) in December.", "The pair is down over 1.5% from last week’s peak at 0.6870, and the AUD/USD could be set for an extended backslide with technical indicators pinned into overbought territory, though a technical floor is pricing in from just south of the 0.6600 handle with the 50-day SMA confirming a bullish cross of the long-run 200-day SMA."
More news about AUD/USD (AUDUSD).
