AUDUSD on Monday rose 0.5% to 0.64478. What we know.

AUDUSD on Monday rose 0.5% to 0.64478. What we know.

AUDUSD Analysis

Performance after Monday
Period Pct Chg Momentum
Monday 0.5% 31.8 Pips
Week to-date 0.12% 7.6 Pips
April -1.3% -85.2 Pips

Upcoming key events (London Time)

Wed 02:30 AM AUD CPI Inflation Rate (3-mth)
Wed 02:30 AM AUD Monthly CPI Indicator (12-mth)

What happened lately

No major activities.

Latest from X (Twitter)

What can we expect from AUDUSD today?

AUDUSD on Monday rose 0.5% to 0.64478. Price is below 9-Day EMA while Stochastic is rising.

Updated daily direction for AUDUSD looks bullish as the pair ended higher after Monday trading session.

Looking ahead for the day, immediate upside resistance level is R1 at 0.64609 with break above could target R2 at 0.64741 or figure level area. While towards the downside, we are looking at daily low of 0.64230 as an important support. Break below this level could weaken the current bullish momentum. A break above 0.64551 may suggest continuation after recent positive movement.

For the week to-date, take note that AUDUSD is mixed as compared to the prior week.

Key levels to watch out:

R3 0.6493
R2 0.64741
R1 0.64609
Daily Pivot 0.6442
S1 0.64288
S2 0.64099
S3 0.63967

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