ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور ترقی کے لیے درکار ہو، ایک ہی جگہ پر ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟
FXStreet (Tokyo) - The Australian Dollar is trading higher against its American counterpart following weak US economic data. After climbing 35 pips, the AUD/USD is now testing daily PP at 0.7750
US manufacturing PMI was down to 54.2 in April; well below 55.2 expected and lowest since January. US new sales declined 11.4% to 481K annual rate; lowest since November. Before, jobless claims came at 295K, above 290K expected and the largest initial claims in two months.
Currently, AUD/USD is trading at 0.7755, down 0.00% on the day, having posted a daily high at 0.7766 and low at 0.7711. AUD/USD spot is in neutral territory according to the hourly FXStreet OB/OS Index, while the FXStreet Trend Index is slightly bearish.
AUD/USD forecast
According to Westpac, the AUD/USD remains as a buy-on-dips opportunity. “The empty local calendar in the week ahead will only add to nervousness over the May decision but should at least help AUD/USD find buyers on dips, especially in a week where US data could disappoint again.”
Australian dollar versus US dollar
If the pair consolidates gains above 0.7755, it will find resistances are at 0.7760, 0.7780 and 0.7800. To the downside, supports are at 0.7710, 0.7700 and 0.7680.