Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
Australian Dollar steadies near 0.6600 amid broad US Dollar weakness and subdued PMI data. Softer US economic indicators and dovish Federal Reserve signals weigh on the greenback, while mixed Australian PMI figures limit AUD’s upside. Market cautious as global recovery uncertainty persists.
The Australian Dollar holds steady near 0.6600 against the US Dollar, supported by a softer greenback and weaker US PMI data. With subdued economic signals from the US and cautious RBA policy outlook, the AUD remains range-bound as markets weigh global growth prospects and commodity demand.
The Australian dollar is holding steady around 0.6600 against a weakening US dollar amid disappointing US economic data and cautious market sentiment. Softer US PMI readings, flattening wage growth, and lower Treasury yields weigh on the greenback, while subdued Australian economic data limits AUD upside. Investors await key US inflation figures for clearer direction.
Forex Technical Analysis (Oct 3, 2025): EUR/USD remains bearish, testing critical support near 1.0500 amid hawkish Fed vs. dovish ECB dynamics; a break lower could target 1.0350, while a wedge pattern hints at corrective upside potential. GBP/USD consolidates near 1.2150 support, with resistance at 1.2280; oversold conditions suggest a possible reversal, though bears hold sway. Stay tuned to upcoming inflation and jobs data for key catalysts. Analysis credit: FXDailyReport.com technical team, with insights from DailyFX and FXStreet.
Forex Technical Analysis: Major Pairs Overview – October 3, 2025
EUR/USD remains pressured by strong US economic data, holding near 1.0450 support; watch for rebounds only above 1.0650. GBP/USD tests 1.2000 support amid mixed UK data and USD strength. USD/JPY edges higher, breaking recent resistance at 148.50, supported by Bank of Japan’s subtle policy shifts. AUD/USD struggles under commodity price softness, sitting near 0.6600 support; USD/CAD consolidates around 1.3400 ahead of Canadian jobs data. Traders should monitor key central bank minutes and US employment figures this week for directional cues. #Forex #TechnicalAnalysis #MajorPairs
October 3, 2025 Forex technical analysis reveals EUR/USD caught between support at 1.0450 and resistance near 1.0675 as divergent Fed and ECB policies create uncertainty. GBP/USD faces downside risks testing 1.2100 support amid weak UK data and strong USD momentum. Key levels set the tone for next moves. Stay tuned for updates. #ForexAnalysis #MajorPairs
AUD/USD faces bearish pressure but shows signs of stabilizing near 0.6570 support. A break above 0.6700 could spark a short-term recovery toward 0.6800. Traders remain cautious as the pair tests key moving averages amid mixed global economic cues. Stay tuned for evolving market dynamics.
AUD/USD faced pressure last week amid hawkish Fed signals, mixed Australian data, and fragile risk sentiment. Technically, the pair remains in a consolidation phase with resistance near 0.6700-0.6750 and support around 0.6580. A decisive break could shape near-term direction. — Original analysis credit: ActionForex.com
AUD/USD Weekly Analysis and Forecast: After a volatile week marked by consolidation and downward pressure, the pair struggles to break resistance near 0.6700 amid weak Chinese and Australian data and firm US retail sales. Key support stands at 0.6550 with critical floors near 0.6464. Technicals show a neutral RSI and modestly bearish MACD, suggesting bearish bias persists. Traders should watch for a sustained break above 0.6713 to confirm any bullish reversal. Stay tuned for further updates blending insights from ActionForex and leading forex analysts.
AUD/USD remains in a consolidative phase, trading between key support near 0.6570 and resistance around 0.6700. Technical signals show neutral to bearish momentum as price struggles to break above the 0.6700 zone. Watch the 55-day EMA near 0.6600 for support; a drop below this could open the way to 0.6510. On the upside, sustained moves above 0.6720 would be needed to shift sentiment bullish. Market direction will hinge on US monetary policy and Australian economic data in the coming week.
