This AUDUSD analysis reviews the currency pair from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the price changes.
AUDUSD Analysis & Live Chart
AUDUSD Fundamental Analysis
Bloomberg—The Australian dollar rose to nearly $0.641 on Wednesday, recovering from earlier declines as optimism grew over US-China relations.
Confidence improved after US Treasury Secretary Scott Bessent described the ongoing tariff dispute as “unsustainable,” hinting at the possibility of future progress despite the lack of formal talks and expected challenges ahead.
Later that day, President Trump calmed investor concerns by confirming he would not dismiss Federal Reserve Chair Jerome Powell, reinforcing trust in the Fed’s autonomy.
On the domestic front, Australia’s currency was bolstered by encouraging data, with April marking the seventh straight month of private sector growth, thanks to robust performance in manufacturing and services.
AUDUSD Technical Analysis
FenzoFx—The AUD/USD currency pair bounced off the $0.6363 support level, supported by the 50-period simple moving average. As of this writing, AUD/USD has resumed its bullish trajectory, trading at approximately $0.6413.
The immediate resistance lies at $0.6444. From a technical perspective, the uptrend is likely to continue if AUD/USD closes and stabilizes above this resistance. In such a scenario, the next bullish target will likely be $0.6940, followed by $0.7200.
The Bearish Scenario
Please note that the bullish scenario would be invalidated if the price declines below $0.6363. Should this occur, a new bearish wave could emerge, targeting $0.6322.
AUDUSD Support and Resistance Levels
Support | 0.6395 | 0.6363 | 0.6322 |
Resistance | 0.6440 | 0.6940 | 0.7200 |
Market Trends Through Technical Indicators
The widget below calculates market trends using multiple indicators, such as moving averages and oscillators. It allows you to easily review market trends across various timeframes.
The larger the timeframe, the more accurate the signals tend to be. Integrating this widget into your strategy and considering our fundamental news can help you make well-informed decisions.
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