Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
EUR/USD edges higher following mixed US economic data that showed strong retail sales and manufacturing but weaker export prices. Markets now turn their focus to the upcoming Trump-Putin summit, as geopolitical developments could shift currency sentiment and influence central bank outlooks.
AUD/USD remains in a corrective phase within its broader uptrend after recent volatility driven by US inflation data and RBA commentary. Key support sits at 0.6590 and 0.6550, while resistance near 0.6713 caps upside momentum. Momentum indicators suggest caution, with the pair oscillating between the 20- and 55-day moving averages. A break below 0.6550 could open the door to a retest of May’s low at 0.6469, but above 0.6713, bullish momentum may resume. Traders should watch these levels closely in the coming sessions. Source: ActionForex.com with additional analysis.
Forex Technical Analysis 08/15/2025: EUR/USD consolidates near 1.0900 amid mixed Eurozone data and US dollar strength; key resistances at 1.0950-1.1000. GBP/USD trades between 1.2700-1.2850, pressured by UK economic uncertainty. Stay tuned for updates and trade with caution. Analysis by FXDailyReport.com.
Major Forex Pairs Technical Analysis – August 15, 2025
EUR/USD remains range-bound between 1.0900 support and 1.1050 resistance amid mixed Eurozone inflation data and cautious US economic reports. A decisive break above 1.1050 may open the path to 1.1100, but momentum indicators suggest consolidation for now.
GBP/USD faces downward pressure with support at 1.2950 and resistance near 1.3200. Technical signals point to a weakening bullish trend as political uncertainties and subdued UK growth forecasts weigh on the pound. Traders should watch closely for BOE policy cues.
Volatility continues as major economies digest evolving monetary policies and geopolitical factors. Staying alert to key data releases will be essential for navigating short-term swings. For a detailed breakdown and strategies, see the expanded analysis adapted from FXDailyReport.com.
Forex Technical Analysis: Major Pairs Overview for August 15, 2025
EUR/USD remains range-bound between 1.0780 support and 1.1000 resistance, with momentum indicators neutral; a break above 1.1000 could target 1.1100, while downside risks loom below 1.0780.
GBP/USD faces resistance near 1.2900 after retreating from recent highs; watch for BoE signals and UK data to gauge direction within a volatile environment.
USD/JPY consolidates near 144.50, testing key support at 143.80; dovish BoJ comments may weigh, while US yields and risk sentiment steer price action.
AUD/USD pulls back from 0.6850 after mixed Aussie data; traders eye 0.6750 support, sensitive to commodity prices and China’s economic updates.
NZD/USD steadies above 0.6300 with cautious optimism, awaiting the Reserve Bank’s guidance and global trade developments.
This analysis integrates insights from Senad Karaahmetovic at FXDailyReport.com plus supplementary market data for a robust trading perspective. Stay tuned for updates as events unfold.
Forex Technical Analysis: Major Currency Pairs Overview – August 15, 2025
EUR/USD consolidates within a symmetrical triangle with resistance near 1.1000; a decisive break could set the next directional move. GBP/USD eyes recovery from lows, facing resistance around 1.2770 amid UK inflation uncertainty. Watch central bank signals closely as markets weigh rate outlooks and global risk sentiment. #ForexAnalysis #CurrencyMarket
Forex Technical Analysis: Major Pairs – August 15, 2025
EUR/USD remains above key support at 1.0900, facing resistance near 1.0980 and 1.1070. Moving averages converge, signaling potential volatility ahead. GBP/USD pulls back from 1.3100 resistance, with support near 1.3000 and a critical zone at 1.2850–1.2880. USD/JPY trends steady amid mixed economic signals. Traders should watch central bank cues and geopolitical developments for further direction.
Full technical insights by Azeez Mustapha at FXDailyReport.com.
AUD/USD pulls back from early highs near 0.6550 to settle around 0.6505 amid shifting market sentiment. Strength in USD driven by solid U.S. economic data and Fed hawkishness weighs on AUD, while cautious RBA stance and concerns over global growth pressure the pair.
AUD/USD slipped from early highs, now hovering near 0.6505 amid cautious risk sentiment and mixed economic signals. Market focus remains on upcoming US data and central bank cues, while the Aussie contends with RBA’s patient stance and global growth concerns.
AUD/USD retreats from intraday highs, now trading around 0.6505 as selling pressure limits gains near 0.6530. Key support at 0.6500 holds for now amid cautious sentiment ahead of major economic data. Short-term bearish signals persist, aligned with the broader downtrend. Credit: Anthony Doyle, FXDailyReport.com
