AUD/USD

Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.

AUD/USD

AUD/USD Weekly Breakdown: Bearish Surge Amid Risk Aversion and Central Bank Divergence

AUD/USD closed last week lower after breaking key support near 0.6715, signaling a bearish near-term outlook. Immediate support lies at 0.6574, with risk of further drops toward 0.6461 if this level breaks. Resistance now clusters around 0.6713-0.6717 and then 0.6870. Weak Australian economic data and a hawkish Fed continue to pressure the AUD, while global risk aversion favors the USD. Traders should monitor upcoming data and central bank cues for directional clarity.

AUD/USD

AUD/USD Dips Below 100-Hour MA as Support Near 0.6697 in Focus

AUD/USD has dipped below its 100-hour moving average, testing key support near 0.6697. This move reflects cautious sentiment amid shifting risk appetite and looming economic data from Australia and the U.S. Watch for potential further downside if support fails to hold, with technical levels at 0.6665 and 0.6640 coming into focus.

AUD/USD

AUD/USD Dives Below Critical Moving Average Amid Growing Bearish Momentum

AUD/USD has slipped below its 100-hour moving average, signaling a potential shift toward bearish momentum in the near term. Key support zones to watch are near 0.6680 and 0.6650, while resistance sits around 0.6720. Traders should monitor if the pair can reclaim this level or continue trending lower amid prevailing risk sentiment. Original insights by Ken B, FXDailyReport.com.

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