(VIANEWS) - AUD/USD (AUDUSD) has been up by 3.46% for the last 21 sessions. At 21:11 EST on Wednesday, 7 August, AUD/USD (AUDUSD) is $0.65.
AUD/USD's yearly highs and lows, it's 4.098% up from its 52-week low and 7.939% down from its 52-week high.
Forex Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AUD/USD's Forex is considered to be oversold (<=20).
Previous days news about AUD/USD (AUDUSD)
- Aud/usd surrenders major part of hawkish rba-inspired gains, back around 0.6500 mark. According to FXStreet on Tuesday, 6 August, "Apart from this, a goodish pickup in the US Dollar (USD) demand, bolstered by a solid bounce in the US Treasury bond yields, further contributes to capping the upside for the AUD/USD pair. ", "This, along with a positive turnaround across the global equity markets, offered some support to the AUD/USD pair."
- Aud/usd edges higher to near 0.6500 in the aftermath of RBA policy meeting. According to FXStreet on Tuesday, 6 August, "The AUD/USD pair gains slightly to near the psychological figure of 0.6500 in Tuesday's New York session. "
- Aud/usd attracts some buyers near 0.6550 amid rba’s hawkish stance, bigger fed rate cut bets. According to FXStreet on Wednesday, 7 August, "The AUD/USD pair extends the recovery near 0.6545 on Wednesday during the early European trading hours. "
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