AUD

AUDUSD Technical Analysis - Still stuck in a range

• The AUDUSD pair reaches the upper bound of the range and sells off.

LNG strikes - Australian media report that Unions have agreed to end dispute with Chevron

Australian preliminary PMIs for September: Manufacturing 48.2 & Services 50.5

AUDUSD bias shifts to the downside on the move below MAs on 4-hour chart. What next?

• The AUDUSD has been trading in an up and down range over the last 6 or so trading weeks.

Reserve Bank of Australia's 'Bulletin' discusses monitoring developments in wages

LNG: Australia industrial arbitrator says Chevron, Unions close to achieving agreements

Australian LNG strikes - still no agreement between Chevron and Unions

Former RBA Governor says changes to be made at the Bank are a disaster, "very bad policy"

• He's right. The Reserve Bank of Australia will be a dog's breakfast.

AUDUSD is the biggest mover today with a gain of 0.74%. What are the technicals saying?

• The AUDUSD is building off the lows in September. Looks toward key target at 0.65214

Australian data - Westpac Leading Index for August -0.04% m/m (prior +0.01%)

• WPAC son the upcoming RBA meeting - almost certain to hold rates steady for another month.

The AUDUSD tests the high from last week, but finds willing sellers on the first test

• The high from last weekend 0.64729 stalls the rally in the AUDUSD today.

AUDUSD Technical Analysis - Still trading in a range

• The AUDUSD pair remains stuck in a rangebound market.

AUD not a lot changed after the Reserve Bank of Australia minutes, small dribble lower

RBA Sept meeting minutes: Considered a 25bp rate hike or on hold alternatives

Reserve Bank of Australia September meeting minutes are due soon - preview