AUD/USD advances sharply in the FOMC aftermath

AUDUSD was in a steady retreat since early March ; But finds feet and reclaims both SMAs after dovish FOMC ; Momentum indicators improve drastically
XM Group | 522 दिनों पहले

AUDUSD had been losing ground since the beginning of March, dropping below its descending 50- and 200-day simple moving averages (SMAs). However, the pair managed to pause its retreat and reverse back higher with some help from the dovish FOMC signals on Wednesday.

Should the advance resume, the price could initially test the March peak of 0.6666. Further upside attempts could then cease at the December 2023 resistance of 0.6689 ahead of the May 2023 high of 0.6817. If that hurdle also fails, the spotlight could turn to the December high of 0.6870.

On the flipside, bearish actions could send the price lower to test the recent resistance of 0.6594, which could serve as support in the future. A violation of that zone could pave the way for 0.6525, a region that provided both support and resistance in recent months. Even lower, the recent deflection point of 0.6503 could curb further declines.

In brief, AUDUSD managed to put an end to its recent slide and reclaim its converging 50- and 200-day SMAs. For the short-term picture to turn bullish though, the pair needs to jump above its March high of 0.6666.

 

विनियम: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)
read more
Markets React to Powell’s Dovish Tone: Gold Slips, USD Mixed Across Majors | 25th August 2025

Markets React to Powell’s Dovish Tone: Gold Slips, USD Mixed Across Majors | 25th August 2025

Markets react to Powell’s dovish tone as gold dips near $3,365 and NZD/USD consolidates around 0.5860 despite upbeat retail sales. EUR/USD retreats toward 1.1700, while AUD/USD slips to 0.6480 on RBA easing bets. USD/CAD holds near 1.3820 after Friday’s sharp drop. Traders now eye U.S. GDP, PCE inflation, and Canada’s GDP for the next directional cues.
Moneta Markets | 23घंटे 17 मिनट पहले
Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets Brace for Powell’s Speech: Gold and Silver Slip, Oil Rallies, Currencies Hold Steady | 22nd August 2025

Markets hold steady ahead of Powell’s Jackson Hole speech, with gold near $3,330 and silver slipping toward $38.00 as Fed cut bets fade. WTI rallies toward $63.50 on strong U.S. demand and supply concerns. AUD/USD stays under pressure near 0.6410 on dollar strength, while USD/CNY steadies around 7.1320 after a firmer PBoC fix. Traders brace for Powell’s policy signals.
Moneta Markets | 3 दिनों पहले
AUD/NZD Rallies Amid RBNZ Dovish Cut – Aussie Cross Leads Market Moves | 20th August 2025

AUD/NZD Rallies Amid RBNZ Dovish Cut – Aussie Cross Leads Market Moves | 20th August 2025

AUD/NZD breaks above 1.1000 as the RBNZ’s dovish 25 bp cut highlights policy divergence with the RBA. NZD/USD slips near 0.5850, while AUD/USD softens on China’s steady rates. DXY climbs above 98.00 ahead of FOMC minutes, with Powell’s Jackson Hole speech eyed. WTI dips toward $62.00 on Ukraine peace hopes, keeping geopolitics and central banks in sharp focus.
Moneta Markets | 5 दिनों पहले
Oil Slumps as Supply Worries Intensify | 14th August 2025

Oil Slumps as Supply Worries Intensify | 14th August 2025

Gold climbs above $3,365 on Fed rate-cut bets, while oil slides toward $62.00 on oversupply fears. USD/JPY dips near 146.50 on BoJ–Fed policy divergence, and the PBoC’s firmer yuan fix keeps USD/CNY under pressure. AUD/USD rises to 0.6560 after strong jobs data. Traders eye US PPI and geopolitical cues for the next market move.
Moneta Markets | 11 दिनों पहले
Markets Brace for US CPI Data as Dollar Steadies | 12th August 2025

Markets Brace for US CPI Data as Dollar Steadies | 12th August 2025

Markets tread cautiously ahead of US CPI, with gold near $3,355 and oil rebounding above $63.00. AUD/USD holds near 0.6500 on trade truce optimism but RBA cut bets persist, while EUR/USD hovers above 1.1600 on geopolitical hopes. DXY steadies at 98.50 as traders weigh inflation’s impact on Fed policy. CPI results seen as key catalyst for near-term volatility.
Moneta Markets | 13 दिनों पहले