AUD/USD chart - Trading View
Technical Analysis: Bias Neutral, tilted towards the downside
GMMA Indicator
- Major and minor trend is neutral on the daily charts
- Weekly charts shows major trend is bullish while minor trend is turning bullish
Ichimoku Analysis
- Cloud caps gains in the pair
- Chikou span is bias lower, supporting downside
Oscillators
- Stochs and RSI are biased lower
- RSI still holds above the 50 mark
Bollinger Bands
- Volatility is high on the daily charts as evidenced by wide Bollinger bands
- Intraday charts show rising volatility which along with bearish momentum could drag prices lower
Major Support Levels: 0.7702 (55-EMA), 0.7634 (21W EMA), 0.7625 (110-EMA)
Major Resistance Levels: 0.7785 (Upper BB), 0.78, 0.7823 (Upper BB)
Summary: Aussie under pressure after China says to end 'strategic economic dialogue' and "indefinitely suspend" all activities under the China-Australia Strategic Economic Dialogue. Sour market sentiment and the US dollar strength exerting additional pressure on the pair.
Technical indicators are biased lower. MACD shows bearish crossover on signal line. Price action is holding support at 55-EMA at 0.7702, break below will drag the pair lower.


FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
Euro-Yen Retreats From 186.20 Peak, but Bulls Reload for a Run at 188
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: AUD/USD softens as risk appetite abates
FxWirePro- Major Pair levels and bias summary
FxWirePro- Major Pair levels and bias summary
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: NZD/USD hovers near one-week low, outlook bearish 



