Australian Dollar to US Dollar (AUD/USD) Price Prediction

Share this:
Disclaimer

Disclaimer

All information on this page is published ‘as is’ and for information purposes alone. The information is not intended for trading or advice of financial, investment, tax, legal, accounting or any kind of nature. Before starting to trade, please contact your broker or a financial advisor to check the quotes, evaluate forecasts or the opinion of the author of the article. Our company is not an investment consultant, financial advisor or a broker for transactions involving securities. No information shall be viewed as investment advice, recommendation or offer of our company to buy, hold or sell securities or financial products. Our company does not provide guarantees and does not express opinions about appropriateness or suitability of investments.

No information shall be regarded as investment advice (general or individual). Financial products or transactions mentioned in such information may not be suitable for your investment portfolio and may not meet your investment targets and expectations. You are solely responsible for any decision regarding financial products or transactions and you shall independently determine whether they are suitable for you, taking into account your interests, investment targets, investment horizon and tolerable risk level. Our company shall not bear any responsibility for the losses caused by financial transactions or investments in financial products mentioned on our website. We do not recommend making investment decisions guided solely by this information.

The information on our website is provided by stock exchanges, brokers and other content providers, and, in some cases, may arrive with a delay. Our company does not verify such information and shall waive any liability related to it.

Our company and our information and content providers, financial exchanges, brokers and also all affiliated companies and business partners: a) expressly waive any responsibility for the accuracy, validity and completeness of any data; b) shall not be liable for any mistakes, omissions or other flaws on such information, for delays and interruptions in their display, as well as for actions taken based on such information. Neither our company nor our information providers shall be liable for the damage caused by the use of the information provided here. The term ‘business partners’ in this case shall not imply any partnership or agency relationships as well as the creation of a joint venture between our company and any other organization.

You hereby confirm that you shall not copy, modify, reformat, download, store, reproduce, process, transfer or distribute any information published here or use such information for commercial purposes without prior written consent.

Traders Union as well as its external information and content providers retain exclusive copyright to the provided information.

Our company shall not be liable for the products and services advertised on our website.

General websites Disclaimer:

Traders Union (tradersunion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it. Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.

Start Trading AUD/USD
Your capital is at risk.

eToro - Best Broker to Trade AUD/USD

AUD/USD in the Forex market is ‘second’ only to the euro, British pound and Japanese yen. In the first half of the 2000s, the Australian dollar slowly, but surely strengthened against the US dollar, nearly reaching parity. However, the 2008 economic crisis strongly impacted the economy of Australia, due to which the AUD price dropped almost twice. It took three years to restore parity, and in the middle of 2011 AUD was worth more than USD. That, again, followed by a decline with a new all-time low reached in 2020.

1

Recommendation for AUD/USD on the 15M timeframe is Neutral.

2

Recommendation for AUD/USD on the 1H timeframe is Strong Buy.

3

Recommendation for AUD/USD on the 1D timeframe is Strong Buy.

Analysts believe that in the long term, the AUD/USD pair has good chances of returning to the 1:1 rate, which is confirmed by the wave theory of market development. What does the technical analysis show?


In our article, you will be able to learn the latest price forecasts and signals on the AUD/USD currency exchange rate for 1 hour-1 week. AUD to USD forecasts and signals are based on the technical analysis indicators.

NOTE!

On this page, you will find the latest information about current prices, updated and new forecasts for short and long-term intervals:

  • Asset quotes are updated every minute.
  • Price chart is updated every minute.
  • Technical indicator data is updated according to the time frame. For example, on M5, the data is updated every 5 minutes.
  • Medium and long-term forecasts are updated every hour.

AUD/USD forecast for 1 day, 1 week, 1 month

AUD/USD forecast by TU is prepared automatically on the basis of technical analysis of moving averages and indicators for each timeframe (interval) separately. Select the timeframe you need to find out AUD/USD price prediction for today.

NOTE!

Signals may differ on different timeframes. If you want to hold the AUD/USD for longer than 1 week/1 month, it is best to use the signals on daily and weekly timeframes. Timeframes from 5 minutes to 1 hour are best suitable for short-term transactions.

EARN FROM TRADING
Your capital is at risk.

Best Broker Recommended for Trading AUD/USD

Suitable for those who want to earn a profit from price fluctuations.

BUY TO HOLD
Your capital is at risk.

Best Broker Recommended for Holding AUD/USD

Suitable for those who want to invest for the long term.

Indicator Based Technical Analysis of AUD/USD

To find a better entry point, also find out what TradingView technical analysis tool signals for the Australian Dollar to US Dollar currency exchange rate. "Sell" or "Strong Sell" means that most of the signals are bearish. "Buy" or "Strong Buy" means that most of the signals are bullish. For short-term signals, it is recommended to use settings from 15 minutes to 2 hours. For long-term signals, it is recommended to use settings from 4 hours to 1 week.

AUD/USD Chart Online

What Influences AUD/USD Long-term Price Forecast

Australia is not involved in the trade wars, conducts conservative monetary policy and does not get involved in geopolitical conflicts. Thanks to this, the AUD/USD chart does not show sharp fluctuations compared to the EUR/USD chart.


Key factors impacting the AUD/USD price:

  • Price of commodities and level of demand. Australia is a commodity country. Gold, ferrous metals, and agricultural products account for the larger part of the country’s exports. Growth of energies, decline in prices for precious metals, ore and decrease of demand for agricultural products during crises weaken AUD.
  • Macro and microeconomic statistics of the U.S. and Australia. The US statistics has the most impact as it strengthens or weakens USD against all major pairs: changes in the discount rate, unemployment, inflation, etc. The similar policy of the Central Bank of Australia has a lesser impact on the price of the currency.
  • Weather conditions. Australia is known to suffer from frequent natural disasters: floods, fires, which affect the volume of industrial exports.

Force majeure circumstances also have an impact on the AUD/USD price. Since the economy of Australia is less stable than the U.S. economy, in case of a pandemic or other force majeure events, AUD drops lower than USD.

Latest exchange rates online

Price prediction methodology

The following tools and instruments were used for making the prediction:


Basic instruments of technical analysis. The forecast relies on basic technical indicators. The analysis was performed mostly on medium and long-term time frames for more accurate results.

Chart analysis. Analysis comprises a review of key levels of support, resistance, trend lines, as well as patterns formed on different time frames.

Statistical tools help evaluate a probability of a fundamental factor that could impact the price, its nature and intensity of impact.

Methods of mathematical and statistical analysis; modeling, adaptive forecasting methods.

Expert opinions and consensus forecast.

NOTE!

This forecast is based on current information and data of previous periods. Emergence of strong fundamental factors capable of radically changing the overall market trend and subsequent price trend is possible. The forecasts are updated regularly based on the latest data.

This article is created for informational purposes only and does not constitute investment advice. Be aware of the high volatility of cryptocurrencies and consider these risks when making investment decisions.

FAQs

What are the benefits of AUD/USD compared to other major pairs?

AUD/USD benefits:

  • Relatively easy predictability of the price. Compared to EUR/USD, AUD/USD has fewer factors that have an impact on the price, which makes fundamental analysis easier. The pair is less interesting to market makers, because it has a lower average daily volatility. On higher time frames, Elliott waves are clearly visible, clear trend lines, resistance and support levels are also visible.
  • Availability of information. Since AUD/USD is considered to be one of the most popular pairs, analytical and information portals pay a lot of attention to it. There are news, fundamental and technical analysis available in the public domain.
  • Neutral status of Australia. The country is located separately, and practically does not participate in various global events, which is why in the short term, the volatility of the pair is relatively low.

AUD/USD is one of the best assets for novice traders.

What other assets does AUD/USD correlate with?

The correlation calculator shows that in the long term, the AUD/USD price has the strongest direct dependence on silver and New Zealand dollar – 87-89%. Also, there is a big similarity with the USD/CAD chart, which is explained by both Canada and Australia being commodity countries. The correlation with EUR/USD is around 75%.

What are the best strategies for trading AUD/USD?

The choice of the type of strategy and instrument is determined by moderate volatility of the asset. The best strategies are the trend ones. On the intervals from H4, the AUD/USD chart has clearly visible waves with protracted upward and downward movements. For day strategies, trend and channel indicators are suitable – Alligator, Keltner channel, Darvas boxes.

What is the best time to trade AUD/USD?

Increased volatility is observed during the first hours after opening of the American and London sessions. This can be used in short-term strategies on the M5-M15 intervals.