Why is the Aud a gross measure of market activity?

It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing. Generally speaking, a high reading or a better than expected number is seen as positive for the AUD, while a low reading is negative.

What's going on with the AUD/USD?

On the daily chart, the AUD/USD continues to move between the 20-day Simple Moving Average (SMA) and the 55-day SMA (0.6505). The 0.6400 level has become a relevant support, and a consolidation below it should bring further weakness to the Aussie, exposing the 20-day SMA at 0.6360.

What is the bitcoin / Australian dollar technical gauge?

This gauge displays a real-time technical analysis overview for your selected timeframe. The summary of Bitcoin / Australian Dollar is based on the most popular technical indicators, such as Moving Averages, Oscillators and Pivots. Learn more .

What data do AUDUSD traders need?

In terms of economic data, as for most currencies, the AUDUSD traders have to keep an eye on: GDP (Gross Domestic Product), the total market value of all final goods and services produced in a country. It is a gross measure of market activity because it indicates the pace at which a country's economy is growing or decreasing.