AUD/USD chart - Trading View
Spot Analysis:
AUD/USD was trading at 0.7396 at around 05:05 GMT
Session High/ Low: 0.7408/ 0.7378
Previous Week's High/ Low: 0.7555/ 0.7461
Previous Session's High/ Low: 0.7407/ 0.382
Technical Analysis: Bias Bearish
- AUD/USD snaps 5-weeks of gains and is on track to close in the red
- Price action was rejected at 200-DMA and is extending weakness
- Momentum is bearish, Stochs and RSI are sharply lower
- MACD confirms bearish crossover on signal line, 5-DMA is biased south
Fundamental Overview:
Investors digest the latest dovish Monetary Policy Statement from the Reserve Bank of Australia (RBA).
The RBA statement revealed that the central bank is prepared to be patient and will not raise rates until its criteria are met.
The RBA added that “inflation to be between 2 and 3% on a sustainable basis.”
Focus now on the crucial US Non-Farm-Payrolls data for impetus. Caution ahead of the critical US NFP release weighs down on the Aussie.
Major Support Levels: 0.7393 (55-EMA), 0.7363 (50-DMA), 0.7331 (Lower BB)
Major Resistance Levels: 0.7421 (110-EMA), 0.7429 (21-EMA), 0.7448 (20-DMA)
Summary: AUD/USD trades with a bearish bias. 55-EMA is offering minor support. Breach below will drag the pair lower to 0.7330 levels.


FxWirePro- Woodies pivot (Major)
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
AUD/JPY Smashes Multi-Week Resistance at 114.73 After Prolonged Consolidation; Triple EMA Setup Targets 117
FxWirePro: GBP/USD falls to two-day low, scope for further downside
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
FxWirePro- Major Crypto levels and bias summary
FxWirePro- Major Pair levels and bias summary
NZD/JPY Springs Off 38.2% Fib Support: Triple EMA “Buy the Dip” Setup Eyes 96.15–97
FxWirePro: GBP/NZD edges higher but outlook is bearish
FxWirePro :AUD/USD softens as GDP slightly undershoots forecast
FxWirePro- Major Crypto levels and bias summary
GBP/JPY Holds the 215 Line as Yen Momentum Fades; Triple EMA Bulwark Eyes 217
Bitcoin Cracks Below $70K: ETF Bloodbath and Iran Tensions Spark Bearish Breakdown as Bears Eye $67K
ETH Cracks $2,000: $241M Institutional Exodus From Spot ETFs Sends Bears Hunting $1,700
FxWirePro: EUR/ NZD stuck in range but outlook is bearish 



