AUD/USD Forecast: Resuming its bullish trend

Valeria Bednarik FXStreet

AUD/USD Current Price: 0.7763

The greenback accelerated its decline as Wall Street recovered ahead of the close.
AUD/USD keeps recovering, steeper advance likely once above 0.7770.

The AUD/USD pair recovered towards the 0.7760 price zone, as the dollar came under selling pressure on Wall Street’s gains. The aussie was on the winning side for most of the day, as the market’s mood improved, although a certain caution prevailed. The greenback was pressured by rising US Treasury yields, while the positive tone of equities provided a late boost. The Australian macroeconomic calendar has nothing to offer these days.

AUD/USD short-term technical outlook

The AUD/USD pair is slowly recovering ground and its bullish stance. In the 4-hour chart, it has recovered above its 20 SMA, which remains flat. The longer moving averages maintain their bullish stance below the current level. Technical indicators advance, the RSI around 55 and the Momentum still below its midline, anyway favoring additional gains, mainly on an advance beyond 0.7770 the immediate resistance.

Support levels: 0.7670 0.7620 0.7580

Resistance levels: 0.7720 0.7770 0.7815

View Live Chart for the AUD/USD

Premium

You have reached your limit of 3 free articles for this month.

Start your subscription and get access to all our original articles.

Subscribe to Premium Sign In

Author

Valeria Bednarik

FXStreet

Valeria Bednarik was born and lives in Buenos Aires, Argentina. Her passion for math and numbers pushed her into studying economics in her younger years.

EUR/USD consolidates around 1.0900, bullish bias remains ahead of key US data

The EUR/USD pair is seen consolidating its strong gains registered over the past two days and oscillating in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 1.1900 mark, just below an over one-week high touched the previous day.

GBP/USD tilts bullish as markets barrel toward mid-week NFP print

GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.

Gold retreats below $5,050 on profit-taking ahead of US data

Gold price attracts some sellers in the Asian session on Tuesday, falling back below $5.050. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders look to the US Retail Sales data and Fedspeak due later in the day ahead of Wednesday's Nonfarm Payrolls release.

Litecoin eyes $50 as heavy losses weigh on investors

Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.

The market is buying everything again but is it dancing on a borrowed floor

The market has a short memory and a fast trigger finger. Last week’s liquidation barely cooled before risk came roaring back, pushing the S&P toward record territory and reinstalling Big Tech as the engine of choice. This is not discovery. It is re exposure.

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.