In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), and Bitcoin (BTC/USD), and S&P 500 (SPX500), Nasdaq (NDX), and Dow Jones (DJI). These are the levels that matter on the technical charts into the weekly open.
As the AUD/USD chart indicates, the Australian dollar is showing weakness against the US dollar at the start of the week. Notably, we are seeing a bearish breakout below the lower boundary of an important ascending channel that had been in place since December 2025.
The Pound to Australian Dollar exchange rate traded in a wide range as central bank decisions from the Bank of England and Reserve Bank of Australia drove volatility. Latest — Exchange Rates:Pound to Australian Dollar (GBP/AUD): 1.89129 Pound to Dollar (GBP/USD): 1.33975Australian Dollar to Dollar (AUD/USD): 0.70838 DAILY.
AUD/USD Price Forecast: Bears have the upper hand near 0.7000; 200-EMA breakdown in play
The Australian dollar is holding up better than many expected, supported by hawkish RBA expectations and resilient domestic data. But beneath the surface, cracks are forming.
AUD/USD falls as geopolitical tensions overshadow RBA rate hike
AUD/USD Price Forecast: Posts modest gain to near 0.7100, neutral RSI signals consolidation
AUD/USD Price Forecast: Bullish above the 50-day SMA, eyes on 0.7100
AUD/USD strengthens as job creation offsets unemployment rise, Fed limits upside
The Australian dollar was fairly unchanged on Thursday as energy prices remained elevated amid the Iran war. The AUD/USD pair was trading at 0.7045, down from the year-to-date high of 0.7182 after the Federal Reserve and Reserve Bank of Australia (RBA) interest rate decisions.
AUD/USD Price Forecast: Sticks to gains around mid-0.7000s; 200-EMA on H4 holds the key
The February Australian labour force report is messy once you look beneath the surface, making it difficult to draw a clean signal from the headline moves. There's a risk we're looking at statistical noise rather than a meaningful shift in conditions, something the trend measures support.