Australian Dollar Forecast | AUD/USD Long Term Prediction (2021)

The Australian Dollar to US Dollar (AUD/USD) exchange rate is one of the world’s most traded currency pairings.

In this article we make an Australian Dollar / US-Dollar price forecast and longterm prediction. We would like to give an assessment of the future price development of AUD/USD forex pair. We look at the short term chart like the daily chart, the medium term chart like the weekly chart and monthly charts, and also the long term charts for AUD/USD which are the quarterly and yearly charts. The basis of our analysis is the Price Action and Technical Chart Analysis.

The charts used are from TradingView and the prices are from FXCM.

Australian Dollar/US-Dollar forecast: Daily chart

Last update: January 02, 2021

In the daily chart we see that AUD/USD Forex pair is moving in an established uptrend, well above the 2019 high and close to the 2020 high.

Australian Dollar versus US-Dollar forecast
AUD/USD forecast:Moving in an established uptrend (Chart: TradingView)

Resistance: 0.7742
Support: 0.7413 | 0.7295

Australian Dollar/US-Dollar forecast: The daily chart of AUD/USD looks positive. Next price target could be 0.8000 level. Only a price drop below the August high could turn the positive chart picture to neutral or negative.

AUD/USD forecast: Weekly chart

Last update: January 02, 2021

In the weekly chart we see AUD/USD Forex moving in an established uptrend.

Australian Dollar forecast weekly chart
AUD/USD prediction: established uptrend showing more upside potential (Chart: TradingView)

Resistance: 0.7742
Support: 0.7413

Australian Dollar forecast: In the weekly chart AUD/USD looks positive. We expect to see more strength ahead. Only a price drop below the August high could turn the positive chart picture to neutral or negative.

AUD/USD forecast: Monthly chart

Last update: January 02, 2021

In the monthly chart we see AUD/USD Forex pair moving in an defined uptrend, currently trading above the 2019 high.

Australian Dollar outlook monthly chart
AUD/USD outlook: defined uptrend (Chart: TradingView)

Resistance: 0.7742 | 0.8135
Support:  0.7295

Australian Dollar forecast: The monthly chart for AUD/USD looks positive. We expect a continuation of the uptrend with next major target the 2018 high. Only a price drop below the 2019 high at 0.7295 could turn our positive outlook to neutral or negative.

Australian Dollar prediction: Quarterly chart

Last update: January 02, 2021

In the quarterly chart of AUD/USD we see prices trading above the 2019 high.

Long term prediction of Australian Dollar
AUD/USD forecast: Next move to the 2018 high? (Chart: TradingView)

Resistance levels: 0.7742 | 0.8135
Support levels:  0.7295

Australian Dollar prediction: The long term downtrend of AUD/USD has been corrected since the currency pair has reached the march low. Next price target could be the 2018 high. Only a price drop below the 2019 high at 0.7295 could turn our positive longterm outlook to neutral or negative.

AUD/USD forecast: Yearly chart (Historical chart)

Last update: January 02, 2021

In the yearly chart we see that AUD/USD has developed a strong reversal candle for the year 2020, currently trading above the 2019 high.

Australian Dollar yearly chart forecast and prediction - historical chart
AUD/USD Outlook: Trading above the 2019 high (Chart: TradingView)

Resistance levels: 0.7742 | 0.8135
Support levels:  0.7295

Australian Dollar forecast: We expect to see stronger prices with target around 0.8000 level. Only a price drop below the 2019 high at 0.7295 would turn our positive longterm outlook to neutral or negative.

What is the current price of AUD/USD ?

The current price of AUD/USD you can see here.

About AUD/USD

AUD/USD, often referred to as “Aussie”, a foreign exchange term used to describe the Australian Dollar vs the US dollar, is one of the oldest traded currency pairs. The Currency Pair AUD/USD is the shortened term for the Australian Dollar against U.S. dollar pair, or cross for the currencies of Australia (AUD) and the United States (USD). … For example, if the pair is trading at 0.6500, it means it takes 0.6500 U.S. dollars to buy 1 Australian Dollar.

*This price prediction is based on the data collected from various sources. This should not be considered as an investing parameter and user should do their own research before investing.

Do you think our predictions are accurate? What are your thoughts on the methods used to reach our conclusions? Let us know in the comments below.

Read more:

Australian Dollar for Traders Overview

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