Roughly 5.1% of daily trades. Nicknamed “Aussie,” its value is tied to Australian commodity exports like iron ore and coal.
AUD/USD faces mounting downward pressure as it nears a critical support zone between 0.6575 and 0.6595. With bearish technical signals and divergences in central bank policies favoring the USD, traders should watch closely for a potential break that could drive further declines.
AUD/USD extends its decline, testing critical support near 0.6550 as bearish momentum gains strength. Diverging central bank policies—with the Fed’s hawkish stance versus the RBA’s cautious pause—alongside risk-off sentiment continue to weigh on the pair. Key technical levels will determine if losses deepen toward 0.6500 or if a rebound emerges. Traders should monitor macroeconomic updates and technical signals closely for the next directional cue.
AUD/USD shows cautious optimism on July 17, 2025, rebounding from key support near 0.6620 but facing resistance around 0.6700. Price remains between the 50-day SMA (~0.6680) and 200-day SMA (~0.6595), signaling consolidation. RSI near 50 suggests indecision—traders should watch for a decisive break above resistance to confirm bullish momentum or a drop below support for renewed downside risk. Fundamental factors include US inflation data, RBA stance, and commodity prices influencing sentiment.
Disappointing Australian employment data has intensified market expectations for a Reserve Bank of Australia rate cut, weighing on AUD/USD. The latest jobs figures reveal sluggish labor market conditions, reinforcing the RBA’s dovish outlook amid global uncertainty. Watch for further volatility as investors reassess monetary policy trajectories.
AUD/USD has dropped to three-week lows following a weaker-than-expected Australian labour market report. May job growth came in far below forecasts, unemployment rose slightly, raising doubts about the Reserve Bank of Australia’s plans for further rate hikes. Meanwhile, a firmer US dollar and cautious risk sentiment are adding pressure on the Aussie. Traders will watch upcoming RBA guidance closely for clues on the currency’s next move.
AUD/USD and NZD/USD plunged sharply after disappointing employment data from Australia and New Zealand signaled slowing labor markets. The Australian job count fell unexpectedly, pushing AUD/USD below key support levels. Meanwhile, USD/JPY is approaching critical resistance as the US dollar strengthens amid shifting global dynamics. Traders should watch for potential shifts in central bank expectations and risk sentiment.
AUD/USD struggles near 0.6500 as the US Dollar remains resilient despite weaker-than-expected US Producer Price Index data. Safe-haven demand and firm Treasury yields continue to weigh on the Australian Dollar, leaving the pair range-bound amid mixed inflation signals and uncertain Fed policy expectations.
AUD/USD remains under pressure as the US dollar holds firm despite weaker-than-expected May PPI data. The Fed’s hawkish stance and resilient US labor market continue to support the greenback, outweighing inflation signals that might have eased monetary policy expectations. Australian dollar struggles near 0.6500 amid sustained US dollar demand.
AUD/USD struggles near 0.6500 as the US Dollar maintains strength despite softer US Producer Price Index data. Hawkish Fed signals and global risk aversion continue to support the greenback, keeping the AUD under pressure amid concerns over China’s growth and a cautious RBA.
AUD/USD remains volatile with wide swings, but technicals suggest the short-term bearish bias holds. Key support near 0.6580/85 and resistance around 0.6650 are critical levels to watch. Bears dominate unless price breaks above 0.6650 convincingly.
Credit to Adam Button and Forexlive for the original analysis. #Forex #AUDUSD #TechnicalAnalysis
