العربية Azərbaycan Български 中文 Čeština English Français ქართული Deutsch Magyar हिन्दी Bahasa Indonesia ایرانی Italiano 日本語 한국어 Lietuvių Bahasa Malay اردو Polski Português Română Русский Srpski Slovenský Español ไทย Türkçe Nederlands Українська Vietnamese বাংলা Ўзбекча O'zbekcha Қазақша

InstaForex Client Area

  • Personal settings
  • Access to all InstaForex services
  • Detailed statistics and reports on trades
  • Full range of financial transactions
  • System of managing several accounts
  • Maximum data protection

InstaForex Partner Area

  • Full information on clients and commissions
  • Graphic statistics on accounts and clicks
  • Webmaster instruments
  • Ready-made web solutions and wide range of banners
  • High data protection level
  • Company's news, RSS feeds, and forex informers
Register account
Affiliate Program
cabinet icon

Another Lamborghini from InstaForex!Maybe it will be you who will take the keys!

Just make a deposit of at least $1,000 to your account!

Get the best trading conditions and attractive bonus offers! We have already given 6 legendary sports cars! But it does not stop there! The next Lamborghini Huracan of the latest generation may be yours!

InstaForex – invest in your victories!

Instant account opening

Get a letter of instructions
toolbar icon

Trading Platform

For mobile devices

For trading via browser

InstaForex Bonuses

InstaForex Bonuses
Make a deposit
Money withdrawal
pay icon

AUD/USD recently bounced off the 0.7750 support level and continued higher above 0.7815 with further bullish ambition towards 0.80. This week, AUD has been quite positive with the economic reports, whereas USD has been quite weak due to recent worse economic reports. Today, AUD MI Inflation Expectation showed an increase to 4.3% from the previous value of 3.8% and Home Loans report showed a decrease to 1.0%, up from expectations of 0.5% and below the previous value of 2.8%. The better-than-expected reports and increased inflation are strong indicators of the economic development helping the currency to gain further over USD today. On the USD side, today's PPI report was published with an increase as expected at 0.4% from the previous value of 0.2%. Unemployment Claims showed a positive change with a decrease to 243k from the previous figure of 258k, which was expected to be at 251k. The core PPI report showed an increase to 0.4% from the previous value of 0.1%, which was expected to be at 0.2%. The Crude Oil Inventories data were published -2.7M from the previous figure of -6.0M, which was expected to be at -1.9M. Additionally, FOMC Member Brainard and Powell spoke neutral about key interest rates and future monetary policies helping the currency to gain momentum against AUD today. As of the current scenario, AUD is quite strong with positive economic reports, where USD is still struggling to show any impact in the market as the interest rates decision is expected to hit the market in December and no highly ambitious efforts are being made by the FOMC members to signal any significant improvement in the future. AUD is expected to have an upper hand over USD in the coming days.

Now let us look at the technical view. The price is currently residing above the support area of 0.7750 – 0.7815, but the dynamic level is still above the price and can act as a resistance to push the price lower again. As of the current market scenario, the price is expected to proceed higher towards 0.80 in the coming days if it remains above the support area with a daily close. On the other hand, if the price breaks below the lowest support level of 0.7750 with a daily close, then the bias will change to bearish with a target towards 0.7350. The bullish bias is expected to continue as the price remains above the support area.

Exchange Rates 12.10.2017 analysis

Show full picture

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Rocky Yaman,
Analytical expert
InstaForex Group © 2007-2017
Benefit from analysts’ recommendations right now
Top up trading account
Get a bonus from InstaForex

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.

Get $1000 STARTUP Bonus
Start trading without any investments and risks right now!
Enter your e-mail
Get $1000
Accept the terms of the Bonus Agreement
Get $1000 STARTUP Bonus
Start trading without any investments and risks right now!
Your full name
Phone number
Country
State
City
Link to your Facebook page
Skype

Your request for receiving $1000 bonus is being processed.

Please do not leave the website for 5 minutes to confirm you are not a robot.

When 5 minutes pass, your bonus account will be opened. While you are waiting, you can read useful information on our website.

We congratulate you on the registration of a trading account!
We are processing your request for the StartUp bonus. The confirmation of crediting the bonus will be sent to your email
Your trading account number (login) in InstaForex:
Trader password:
OR
Start trading.
WebTrader
MT4 for Android
MT4 for IOS
MT4 for Windows
Copy the trades of successful traders using the ForexCopy system:
Copy trades
Get bonus
55%
from InstaForex
on every deposit