Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
AUD/USD edges lower as traders pause to await fresh economic data and central bank guidance. After testing resistance near 0.6700, the pair retraced amid a cautious market stance and mixed signals on global risk sentiment. With key support around 0.6650, attention now turns to upcoming catalysts from Australia and the US. Reporting by EconoTimes.
AUD/USD shows signs of a short-term correction but remains anchored within a strong bullish trend. Technical indicators point to consolidation rather than reversal, supported by solid Australian economic data and resilient commodity prices. The key will be maintaining support above critical Fibonacci and trendline levels to sustain upward momentum. #Forex #AUDUSD
AUD/USD attempts a corrective pullback within its dominant bullish trend. Key support near 0.6700 holds, while resistance around 0.6850 could trigger further gains. Moving averages and trendlines support continuation, with fundamental factors from RBA and Fed policies shaping near-term moves. Traders to watch support tests closely. #ForexAnalysis #AUDUSD
Dow Jones and S&P 500 have hit record highs amid renewed optimism on US-China trade talks and strong US economic data. As Wall Street leads the way, investors are eyeing whether the ASX 200 will follow suit with gains fueled by positive global momentum and improving sentiment.
Dow Jones and S&P 500 recently hit new all-time highs as renewed optimism around a US-China trade deal lifts investor sentiment. With easing trade tensions and strong corporate earnings, Australian markets look poised for gains as the ASX 200 is expected to follow the positive momentum.
The ECB’s latest decision to hold rates steady and maintain a cautious stance has failed to lift the euro. EUR/USD remains subdued as markets focus on strong US data and the Fed’s pace. Without fresh guidance, the euro struggles to gain against a resilient dollar. #ECB #EURUSD #Forex
AUD/USD eyes a potential breakout as the Aussie dollar gathers momentum, forming an ascending triangle and testing key resistance near 0.6750. Sustained strength above this level could spark further gains toward 0.6900, supported by improving global risk sentiment and stable domestic fundamentals. Watch central bank cues closely—Matt Weller’s analysis at FOREX.com highlights growing bullish conviction in the short term.
AUD/USD bulls are gearing up for a breakout, supported by rising commodity prices, resilient Australian economic data, and hawkish signals from the RBA. Meanwhile, China’s recent stimulus measures add further upside potential. Watch key resistance levels closely as price action targets a strong move higher.
The Australian dollar is testing key resistance as bullish momentum builds in AUD/USD. Supported by stable commodity prices and a cautious RBA stance, the pair eyes a breakout amid softer US dollar and easing Fed expectations. Watch for confirmation as markets weigh central bank signals and global growth cues.
AUD/USD remains range-bound on July 24, 2025, with resistance near 0.6900 and support around 0.6680. The pair faces mixed momentum as the 200-day MA around 0.6800 limits upside, while the 50-day MA offers short-term support. Watch for a breakout beyond these levels amid shifting US and Australian monetary policies. Trade setups may favor cautious entries until clearer directional signals emerge. Analysis inspired by Christopher Lewis for DailyForex.com.
