What is AUD/USD (Australian dollar - US dollar)?

Note: Low and High figures are for the trading day. AUD/USD (Australian Dollar - US Dollar) is one of the most frequently-traded currency pairs in the world. The AUD/USD rate, as shown in the real-time price chart, tells traders how many US Dollars are needed to buy a single Australian Dollar.

Why is the Aud a gross measure of market activity?

It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.

What's going on with the AUD/USD?

On the daily chart, the AUD/USD continues to move between the 20-day Simple Moving Average (SMA) and the 55-day SMA (0.6505). The 0.6400 level has become a relevant support, and a consolidation below it should bring further weakness to the Aussie, exposing the 20-day SMA at 0.6360.

What's going on with AUDUSD?

Upward trend forming, EMA break and retest. 3 profit zones identified. AUDUSD touches the target The Australian dollar pair against the US dollar , and finds strong support there to now show some bullish bias, influenced positively by stochastic indicators, heading towards achieving immediate gains that may reach 0.6468 .