Business
Australian Dollar Time Cycle: AUD/USD Rates Poised to Push Higher – DailyFX
The Australian Dollar may extend its recent 5-month surge against its US counterpart as time-cycle analysis suggests a bullish 8-year rotation is afoot.
Australian Dollar, AUD/USD, Cycle Analysis, Technical Analysis Talking Points:
- Time-cycle analysis indicates that the Australian Dollar may outperform its US counterpart over the medium to long-term
- AUD/USD testing key downtrend as technical indicators surge to multi-year highs.
The Australian Dollar appears poised to extend a 5-month surge against its US counterpart, after setting a key bottom, and fresh 17-year low, in March (0.5506).
AUD/USD Monthly Chart Cyclical …
Continue Reading
-
General12 hours agoCampers evacuated, residents on alert as Moreton Island bushfire intensifies
-
Noosa News18 hours agoPerth Royal Show vendors upset by price hikes, say crowds are down in 2025
-
Noosa News24 hours agoResilience features in Sunshine Coast Open House
-
Business20 hours agoBell Potter names the best ASX shares to buy in October