AUD/USD: Overdone rally still has room to test 0.7135 – UOB
AUD/USD is trapped in the middle of a broad range, with 0.7150 as major resistance and 0.6950 near the 50-day EMA acting as the main support zone.
Intraday bias in AUD/USD remains mildly on the upside as rise from 0.6832 is in progress to retest 0.7187 high. Strong resistance could be seen there to bring another fall to extend the near term corrective pattern.
AUD/USD Price Forecast: Rally pauses as RSI (14) struggles to extend above 60.00
When are the China's CPI, PPI and how could they affect AUD/USD?
AUD/USD climbs as ceasefire rally meets a PCE wall
AUD/USD extends gains as US-Iran ceasefire keeps Dollar under pressure
AUD/USD: Overdone rally shifts into range phase – UOB
Our intraday forex analysis includes AUDUSD analysis, XAUUSD, and USOIL, highlighting key support and resistance levels for each pair. AUDUSD halts the rally Our AUDUSD analysis shows The Australian dollar attempts to gain more momentum after the recent 100-pip jump.
AUD/USD Price Forecast: Consolidates below 0.7050; remains close to three-week high
The US Dollar has seen its best days throughout the last two months, with the infamous Petrodollar trade grabbing all the attention from Market participants and flows.
AUD/USD stalls below 0.7100 as ceasefire euphoria fades