AUD/USD

AUD/USD, also known as Aussie, is one of the most frequently-traded currency pairs in the world. Find out what makes it so popular below.

Technical Overview

The AUD/USD pairing, informally known as the 'Aussie', is a popular forex pair and represents around five percent of the entire fx market by volume.

It is popular amongst forex traders due to various different factors, the main of which are the high levels of liquidity in terms of trading volumes and number of players, and sensitivity to big long-term trends, means that the market constantly changes, develops different patterns, and so on.

Trading a major currency pair such as AUD/USD is appealing for technical traders who use trends and patterns on the chart as their signals, and can benefit from the dynamic and ever changing environment of the Aussie.

Fundamental Overview

Charts by TradingView

There are a number of various factors that have an effect on the AUD/USD currency pair. Because Australia and the US have a close economic relationship, it comes as no surprise that their trade relations are a big influence on the AUD/USD currency pair.

The Aussie dollar to US dollar pairing is also affected by both interest rates of the respective currencies, set by the Reserve Bank of Australia and the US Federal Reserve. The Reserve Bank of Australia reviews the interest rate every month, whereas the US Federal Reserve reviews rates eight times a year. The interest rate differential will affect the value of the AUD/USD exchange rate. For instance, if the Federal Reserve were to increase the interest rate, money may flow into the US strengthening the US dollar, and consequently weakening the AUD/USD rate.

Technical Forecast for AUD/USD

Technical AUD/USD forecast focuses on the technical analysis and key levels depending on the selected time-frame. Shift between time-frames to learn the technical analysis for AUD/USD in real time.

Charts by TradingView