**AUD/USD Technical Analysis Report – August 20, 2025**
*Based on content by FinanceFeeds*
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**Introduction**
The AUD/USD currency pair remains one of the most keenly watched in forex markets, given its sensitivity to global risk sentiment, commodity prices, and the policy stance of the Reserve Bank of Australia (RBA) and the United States Federal Reserve. On August 20, 2025, the pair continues to be driven by a complex interplay of domestic data, global economic trends, and technical levels. This report presents an in-depth analysis of recent price action, key support and resistance levels, and potential scenarios for AUD/USD, broadening the scope with insights from other reputable financial sources.
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**Current Market Overview**
– **Recent Price Action:**
AUD/USD has recently experienced sideways consolidation following a pullback from recent highs near 0.6670. Market sentiment remains cautious due to lingering concerns over global growth, China’s economic outlook, and uneven risk appetite among investors.
– **Broader Market Environment:**
The pair’s movement has been influenced by:
– U.S. dollar fluctuations due to divergent economic signals
– Commodity price volatility, especially iron ore, a key Australian export
– Market expectations for central bank actions in both jurisdictions
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**Technical Analysis**
**Daily Chart Patterns and Levels**
The daily chart reveals that AUD/USD is contending with key technical zones, while momentum oscillators are indicating growing indecision:
– **Support Levels:**
– 0.6550: This level has provided a near-term floor, with buyers defending this psychological and technical area.
– 0.6500: A lower support level, marking the bottom of the recent consolidation pattern.
– 0.6470–0.6450: If bearish momentum increases, these levels may act as further support.
– **Resistance Levels:**
– 0.6620: A short-term resistance aligned with recent session peaks.
– 0.6670: The pair’s recent high and a level coinciding with the 100-day moving average.
– 0.6700–0.6720: Beyond here, the 200-day moving average poses a significant hurdle.
– **Key Moving Averages:**
– 20-day EMA: Running near 0.6585, acting as an immediate dynamic support.
– 50-day SMA: Converging at 0.6610, often a decisive battleground for short-term trends.
– 100-day SMA: Near 0.6670, an area watched for confirmation of trend reversals.
– **Oscillators:**
– RSI (Relative Strength Index): Circulating around 51, reflecting neutral momentum and balanced buying/selling pressure.
– MACD: Slightly positive, indicating mild upward bias, but lacking strong conviction.
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**Intraday Chart Observations**
Shorter timeframes
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