AUDUSD Analysis
| Performance after Wednesday | |||||
| Period | Pct | Chg | Momentum | ||
| Wednesday | -0.02% | -1.3 Pips |  |
||
| Week to-date | -0.24% | -15.8 Pips | |
||
| January | -3.38% | -230 Pips | |
||
Upcoming key events (London Time)
Thu 01:30 PM USD GDP Annualized Fri 01:30 PM USD Personal Consumption Expenditures Price Index (12-mth)
What happened lately
No major activities.
Latest from X (Twitter)
Tweets by Australian Bureau of Statistics
What can we expect from AUDUSD today?
AUDUSD on Wednesday dropped -0.02% to 0.65777. Price is below 9-Day EMA while Stochastic is rising.
Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.65551 (S1).
Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.66210 or trades above daily pivot 0.6588. Break above could target R1 at 0.66107. While to the downside, we are looking at 0.65551 (S1) and daily low of 0.65654 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A close below 0.65654 would indicate selling pressure.
For the week to-date, take note that AUDUSD is mixed as compared to the prior week.
Key levels to watch out:
| R3 | 0.66663 |
| R2 | 0.66436 |
| R1 | 0.66107 |
| Daily Pivot | 0.6588 |
| S1 | 0.65551 |
| S2 | 0.65324 |
| S3 | 0.64995 |
