AUD/USD: resuming its downside – FXStreet

FXStreet (Barcelona) - The FXStreet Forecast Poll, highlights the near and medium term mood for AUD/USD using a FX sentiment tool, while considering the forecast from a select experts, trend calculated according to price as at 15:00 GMT Friday 17th of April.

Key Quotes

“AUD/USD no changes, bears still rule: Aussie is seen resuming the downside towards 0.7500 after some consolidation below the 0.8000 level.”

“Average forecast for AUD/USD:

1 Week 0.7743

1 Month 0.7607

1 Quarter 0.7532”

Experts Forecast:

Yohay Elam of ForexCrunch: “The stunning employment data provides fuel to the Aussie in the near term.”

“Forecast: 1 Week 0.7650, 1 Month 0.7400, 1 Quarter 0.7400”

Scott Barkley of ProAct Traders: “Break the range- more downside”

“Forecast: 1 Week 0.7440, 1 Month 0.7290, 1 Quarter 0.7500”