AUD/USD holds steady ahead of CPI and the Fed
AUD/USD Price Forecast: Likely display one-sided strong move post Aussie Q1 CPI data
AUD/USD remains bullish as a softer U.S. dollar and hawkish RBA expectations keep buyers focused on 0.7200. Momentum stays positive while price holds above 0.7090.
AUD/USD rallies toward 0.7200 as Aussie gains on easing war fears
AUD/USD rallies to 10-day highs near 0.7200 amid US Dollar weakness
Since its 17 April 2026 intraday high of 0.7222, the AUD/USD has staged a minor corrective pull-back of -1.6% within its medium-term uptrend phase in place since 30 March 2026, towards a near-term support of 0.7120 on Friday, 24 April 2026.
AUD/USD is showing renewed bullish momentum after rebounding above 0.7090, supported by improving risk sentiment and easing geopolitical tensions around the Strait of Hormuz. The pair continues to track global equities closely, with correlation at elevated levels.
AUD/USD is approaching a key juncture, with price action holding in an established uptrend and sentiment remaining broadly supportive. While recent pullbacks have been shallow, underlying correlations and positioning suggest the rally is still intact — though not without risk.
AUD/USD ends the week near monthly highs as hawkish RBA bets hit 80% for May; bulls need 0.71875 to confirm a fresh run at the 0.7222 four-year peak.
AUD/USD rebounds as softer USD and risk recovery lift the Aussie
AUD/USD Price Forecast: Upside towards multi-year high of 0.7220 looks possible
AUD/USD forecast stays constructive above 0.7133 as the PMI bounce battles a safe-haven dollar bid; US jobless claims and the April 29 CPI are the next major tests.