AUDUSD Technical Analysis

AUDUSD Consolidates Near Critical Resistance at $0.653

FxNews—The AUD/USD pair trades in a bear market, below the 100-period simple moving average and the descending trendline. However, the downtrend eased after the...

AUDUSD Nears Trigger Point for Bearish Turn

FxNews—The Australian dollar is downtrend, below the 100-period simple moving average. Yesterday, the currency pair began a mild correction by pulling away from the...

Watch AUDUSD for Potential Drop Below $0.657

FxNews—The Australian dollar trades bearish in the channel and below the 100-period SMA against the U.S. Dollar. As of...

AUDUSD Holds Below Key Level as Traders Seek Safe Havens

The Australian dollar started the Thursday trading session by recovering from the bullish fair value gap, trading at approximately...

AUDUSD Rises Above $0.647 Amid RBA Policy Hints

The Australian dollar climbed above the %78.6 Fibonacci, marking its third consecutive day of gains. This increase occurred after...

AUDUSD Steadies at $0.645 Awaiting RBA Clarity

FxNews—On Monday, the Australian dollar remained steady above $0.645. This stability was due to expectations that the Reserve Bank...

AUDUSD Dips to $0.647 as Australia Job Growth Falls Short

FxNews—On Thursday, the Australian dollar fell below the 0.653 support, hitting its lowest point in three months. This drop...

AUDUSD Tumbles as Trump Trades Boost Dollar

The Australian dollar remained around $0.652 on Wednesday, close to its lowest point in three months. This decline is...