Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
AUD/USD holds steady near 0.6620 as worries about a potential U.S. government shutdown weigh on the dollar. Market focus now shifts to key upcoming U.S. jobs data that could influence the pair’s direction amid ongoing fiscal uncertainty.
AUD/USD remains stuck in volatile swings as sellers regain control, capping rallies near 0.6680–0.6700 and testing support around 0.6600. Moving averages converge, signaling an imminent breakout. Traders should watch for a decisive move to clarify the next direction.
Credit: Analysis adapted from Adam Button, InvestingLive.com.
Australian Dollar price action shows downward pressure amid strong US dollar and cautious RBA outlook. AUD/USD breaks key support near 0.6600, eyes 0.6500; AUD/JPY faces resistance around 95.50; GBP/AUD testing critical support near 1.8300. Watch risk sentiment and central bank cues for potential setups.
Australian Dollar technical outlook shows AUD/USD consolidating between 0.6570 and 0.6700, with key support near 0.6600 and resistance at 0.6700; a clear breakout could set direction. AUD/JPY remains influenced by risk sentiment, holding key levels around 93.50. GBP/AUD faces downside pressure, testing support near 1.8150 amid mixed UK data. Watch RBA guidance and global cues for next moves. Analysis by David Song via Forex Factory with extended context.
Australian Dollar price action shows continued bearish momentum in AUDUSD as key supports near 0.6530 break; AUDJPY tests critical resistance around 97.50; GBPAUD holds above 1.7650 support amid mixed risk sentiment. Watch technical zones for next directional clues. Adapted from David Song’s technical insights.
Australian Dollar Technical Setups: AUD/USD remains in a downtrend with key support at 0.6580 and resistance near 0.6700; momentum favors sellers amid RBA-Fed policy divergence. AUD/JPY struggles below 95.50, contending with Bank of Japan’s yield curve control risks. GBP/AUD holds support around 1.8200 after the recent bounce, but mixed UK-Australia data keeps direction uncertain. Watch these pairs closely as global sentiment and commodity prices evolve. Analysis adapted from Justin McQueen, DailyFX, and Forex Factory insights.
AUD/USD wave analysis reveals a potential medium-term corrective structure forming after last year’s lows. Recent price action suggests the pair is in an impulsive C wave phase, with key support near 0.6600 holding strong. A sustained break above near-term resistance could trigger further gains toward higher targets, while a drop below support might open the door for renewed downside. Traders should watch these critical levels closely for clues on the next directional move. Analysis based on insights by Denislav Yordanov, ActionForex.com, with supplementary data from TradingView and Investing.com.
AUD/USD eyes new highs as the RBA holds rates steady at 4.35%, signaling vigilance amid persistent inflation. With a hawkish undertone and stronger commodity prices, the Aussie dollar’s outlook remains positive against the USD, supported by relative rate differentials and global growth prospects. Traders should watch data closely as the RBA remains data-dependent on future hikes.
With the threat of a US government shutdown growing, the dollar slipped to its lowest point in weeks as investor confidence wavers. Political deadlock in Washington is fueling uncertainty, prompting investors to look beyond the dollar amid concerns over economic disruptions and policy continuity. Global markets remain watchful.
AUD/USD gains momentum as the Reserve Bank of Australia adopts a hawkish tone, signaling potential further rate hikes amid sticky inflation pressures. Coupled with recent US dollar weakness, investors reprice expectations, boosting AUD strength. Watch for evolving central bank signals and economic data shaping the pair’s path ahead.
