**AUD/USD Analysis: Price Action Surrounded by Positive Pressure**
*Based on an analysis originally by Noor Naji at Economies.com, with additional market perspectives*
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### Overview of the Current AUD/USD Market Status
The Australian Dollar versus the US Dollar (AUD/USD) has entered a critical juncture, experiencing intensifying positive pressures as of early October 2025. Forex traders and investors are closely watching this pair, as both technical and fundamental factors interweave to shape future price action. This comprehensive analysis digs deep into the current technical landscape, the influence of economic data, and scenario planning for upcoming trading sessions.
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### Technical Analysis: Indicators Point to Potential Upside
#### Recent Price Behavior
– The AUD/USD pair was seen hovering near the 0.6650 zone in early October 2025.
– After a previous attempt at downward correction, the pair attracted renewed buying interest, pushing it upward and signaling strengthening bullish sentiment.
#### Support and Resistance Levels
From a technical perspective, several price levels demand attention:
– **Primary Resistance:** 0.6700
A break above this zone could pave the way for new bullish momentum, encouraging buyers to aim for higher levels such as 0.6780.
– **Nearby Support:** 0.6600
If bearish sentiment gains ground, slipping below this threshold could lead to further downside, possibly testing the 0.6540 area.
#### Moving Averages
– The 50-period Exponential Moving Average (EMA) sits close to current prices, providing immediate support and endorsing a short-term bullish bias.
– The 100-period EMA remains below spot prices, acting as a broader support zone.
#### Oscillators
– **Relative Strength Index (RSI):** Trending above 55, suggesting that buyers are currently in control but not yet into overbought territory.
– **MACD:** Exhibiting a positive histogram and a bullish crossover, indicating further upward momentum is possible in the short to medium term.
#### Candlestick Patterns
– Recent daily candles show long lower wicks, which often indicate rejection of lower prices and possible accumulation by buyers at current levels.
– Absence of bearish reversal patterns supports the potential for continued gains, at least in the near term.
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### Fundamental Factors Influencing AUD/USD
#### Australian Economic Data
– **RBA Monetary Policy:** The Reserve Bank of Australia (RBA) has chosen a cautious stance, holding rates steady in recent meetings while expressing concern about inflation stickiness. The bank’s guidance remains data-dependent.
– **Employment Figures:** Australia’s labor market has demonstrated resilience, with unemployment rates holding near multi-decade lows. This tight labor market supports the possibility of future RBA tightening, favoring the AUD.
– **Trade Balance:** Robust exports, especially to Asian markets, have bolstered the trade surplus, providing fundamental strength to the currency.
#### US Economic Data and Fed Policy
– **US Federal Reserve Stance:** The US
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