AUDUSD slides to lowest point since early July
AUDUSD fell to its lowest since early July after breaking below multiple swing areas. Sellers remain in control until key resistance is reclaimed.
AUDUSD fell to its lowest since early July after breaking below multiple swing areas. Sellers remain in control until key resistance is reclaimed.
AUDUSD fell to a new low after the RBA's expected rate hike, with sellers defending the 200-day moving average.
After the RBA raised the cash rate by 25 bps to 4.60%, AUD/USD fell below 0.7000 and risks a deeper decline if support levels fail.
ING cuts AUD/USD year-end target to 0.72, says an RBA hike should prevent a retest of the 0.69 June lows.
Australia's jobless rate hit 4.6% in August, the highest since 2021, as participation jumped and employment rose 39,500.
AUDUSD fell 1.02%, breaking below the 100-hour MA and 50% retracement, now testing key support at 0.7018-0.7027.
AUDUSD fell after FOMC but rebounded from the 100-day moving average and 50% retracement, aided by lower yields and higher commodities.
AUDUSD holds above 0.7117 support ahead of the FOMC, with buyers eyeing 0.71492 and sellers needing a sustained break below.
NZDUSD and AUDUSD rebound after sellers fail to sustain breaks below key support, with buyers now needing to reclaim broken levels to confirm control.
Gold, copper and the AUDUSD fell sharply today, breaking key technical supports, reflecting weaker commodity demand and a stronger US dollar.
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NAB business conditions hit six-year low; ASX, AUD, NZD soften; RBA hike probability high.
China releases August trade data today, with export and import growth expected to accelerate, while a beat could support risk currencies like the Australian…
AUDUSD climbed to 0.7224, its highest since mid-May, as copper hit a fresh record. The next hurdle is the 0.7221-0.7228 swing area.
The Australian dollar bounced from last week's lows near 0.7139, now testing the 200-hour moving average at 0.71635.