Credit Suisse Sees AUD/USD Heading Towards 0.7305 in the First Quarter

Credit Suisse Sees AUD/USD Heading Towards 0.7305 in the First Quarter

The following statement is from the fine people at eFX.

If you’re looking for suggestions on banking trades, look no further than eFX Plus. There’s a 7-day trial period available, with basic access costing $79 per month, and premium priced at $109 per month. Get started here.In the initial quarter of the year, Credit Suisse has a bullish outlook on AUD/USD and has reviewed the technical outlook.

  • CS remarks that the AUDUSD has made significant increases after hitting its lowest point in mid-October and is now surpassing the 200-day average, the 50% retracement of the April/November decline, and the recent high at .6841/6915.
  • CS additionally states that, with the weekly MACD indicating a positive trend, this breakout signals a new period of growth towards the August high at .7046 and the chance of achieving the June peak and retracement resistance at .7282/7305, although this is predicted to act as a strong cap and form a possible high point within the wide range of Q1.

The potential of using artificial intelligence (AI) in the healthcare system is immense. It can be used to automate certain processes, such as the analysis of medical data, and to develop models for diagnosing and treating conditions. AI can also help reduce the burden on medical staff by taking on tasks that are time-consuming or require a high degree of accuracy. Furthermore, AI can help to improve the quality of care by providing more personalized and targeted treatments. Ultimately, the integration of AI into healthcare could lead to better outcomes for patients.

Different forms of data storage have become increasingly popular in recent years due to their efficiency, as well as their capability of holding large amounts of information. Recently, these methods have been utilized more and more, with their use being seen as an effective way to store significant volumes of data. The convenience of these techniques has made them a popular choice for many.

The AUD update was given a lift following the US CPI release. Unfortunately, a technical issue caused the chart to appear above instead of below.

Andrew Johnson is a seasoned journalist with a keen interest in the commodity market. He is a regular contributor to, where he covers the latest news, trends, and analysis related to the commodity industry. With years of experience under his belt, Andrew has established himself as a reliable source of information on the global commodity market.