Is AUDUSD ready to thrive after monthly pause?

AUDUSD bulls resurface, test long-term resistance. Short-term risk titled to the upside. Buyers need a close above 0.6600.

XM Group | 13j 5min yang lalu

AUDUSD drifted higher following last Friday’s downbeat US nonfarm payrolls, exiting a break consolidation pause to stretch directly to the 0.6600 level, where July’s bullish attempt had previously stalled. Notably, a long-term resistance trendline drawn from the 2021 peak is now challenging the bulls, raising doubts about whether upside momentum can be sustained.

Encouragingly though, the post-NFP breakout appears to have confirmed a bullish double-bottom pattern above the 0.6548 region. With technical indicators maintaining a positive trajectory, the pair has scope for further gains. However, it is worth noting that the stochastic oscillator is hovering near the overbought 80 level, implying that bullish momentum may soon run out of steam.

If the price clears the 0.6600 barrier, the next target could be the 2025 resistance line at 0.6685, followed by the 78.6% Fibonacci retracement level of the prior downleg at 0.6720. Additional advances from there may open the way towards the 0.6800 handle and then to the 2024 ceiling of 0.6900–0.6940.

On the flip side, a reversal below the 0.6545 zone - and more importantly beneath the 20- and 50-day simple moving averages (SMAs) around 0.6515 - would shift the focus back to the double bottom area of 0.6415. The 200-day SMA at 0.6388 could then come into play before sellers aim for the 0.6300 region.

Overall, AUDUSD is looking promising in the short-term picture as analysts are eagerly waiting for the US CPI and PPI inflation indices, though a confirmation above 0.6600 is still needed to activate fresh buying orders.

XM Group

4.2

233 reviews

Jenis: Market Maker

Peraturan: CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa)

Teg: Analisis AUDUSD

Gold Nears $3,600 as Fed Cut Bets Drive Markets | 8th September 2025

Gold pushed toward $3,600 and silver held near $40.50 as weak US jobs data boosted Fed rate cut bets and pressured the dollar. AUD steadied on strong China trade data, while GBP stayed below 1.3500 and EUR held above 1.1700. Markets remain data-driven, with US inflation, Eurozone GDP, and Fed commentary key for next moves.

Moneta Markets | 1 hari yang lalu

Yen Weakens on BoJ Uncertainty as Kiwi and Aussie Hold Firm | 4th September 2025

The Yen weakened on BoJ ambiguity and political risks, while the Kiwi firmed above 0.5850 on soft US labor data. AUD steadied on strong trade surplus, and AUD/JPY hovered near 97.00 with a bullish bias. EUR/USD stayed near 1.1650 ahead of retail sales, and USD/JPY held above 147.00. Markets eye US jobs data and Eurozone figures for fresh direction.

Moneta Markets | 5 hari yang lalu

Oil Extends Losses as Demand Concerns Weigh on Markets | 2nd September 2025

Oil slid below $64.50 on weak demand and supply worries, while silver surged past $40.50 to 14-year highs on safe-haven flows. The USD firmed, pressuring AUD and CAD, though EUR/USD held above 1.1700. USD/CAD stayed near 1.3750 as oil steadied. Traders eye U.S. inflation, Fed signals, OPEC moves, and Eurozone data for direction.

Moneta Markets | 7 hari yang lalu

Currencies in Focus: Australian Dollar Strong Amidst US Dollar’s Decline | 28th August 2025

AUD/USD climbs toward 0.6510 on strong local data and USD weakness, while gold retreats from $3,400 on profit-taking despite Fed cut bets. EUR/JPY holds above 171.00 but French political risks cap gains. USD/INR steadies near 87.80 as tariffs offset dollar softness, while USD/CAD slips toward 1.3750 ahead of US GDP and PCE. Traders brace for key US data to set the tone.

Moneta Markets | 12 hari yang lalu

A Tale of Two Currencies: USD Finds Footing as EUR and AUD Face Domestic Headwinds | 27th August 2025

The US Dollar rebounds, pressuring gold below $1,950 and weighing on risk assets. AUD/USD holds near 0.6480 ahead of key CPI data, while EUR/USD slips toward 1.1630 amid French political uncertainty. USD/JPY trades above 147.50 but faces upside limits on Fed policy concerns. USD/CNY steady near 7.11 as PBOC defends yuan. Markets eye CPI and jobs data for next moves.

Moneta Markets | 13 hari yang lalu

Markets in Flux: Gold Slips on USD Demand as WTI Rallies Amid Geopolitical Concerns | 26th August 2025

WTI rallies above $63.50 as fading hopes for a Russia-Ukraine peace deal boost oil prices. Gold struggles near $3,330 despite Fed rate cut bets, while silver holds firm near $39.00. AUD/USD climbs toward 0.6550 on risk appetite and dovish Fed tone, while USD/CAD stays weak near 1.3500 as oil strength supports the loonie. Markets now eye U.S. jobs and inflation data for direction.

Moneta Markets | 14 hari yang lalu

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 | 15 hari yang lalu

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 | 18 hari yang lalu

EURUSD	1.17064	GBPUSD	1.35199	AUDUSD	0.65837
USDJPY	147.371	USDCAD	1.384	USDCHF	0.79653