|

Murrey math lines: AUD/USD, NZD/USD

AUD/USD, “Australian Dollar vs US Dollar”

AUD/USD quotes are below the 200-day Moving Average on H4, which reveals the prevalence of a downtrend. However, the RSI has formed a convergence, which is a signal for a possible price rise. As a result, the quotes should be expected to rise above 3/8 (0.6530), subsequently reaching the resistance at 4/8 (0.6591). The scenario could be cancelled by a downward breakout of the support at 2/8 (0.6469). In this case, the quotes might continue falling to the 1/8 (0.6408) level.

AUDUSD

On M15, the upper boundary of the VoltyChannel is broken, which increases the probability of a price rise.

AUDUSD

NZD/USD, “New Zealand Dollar vs US Dollar”

NZD/USD quotes are below the 200-day Moving Average on H4, which reveals the prevalence of a downtrend. The RSI is nearing the resistance line. In this situation, a test of 4/8 (0.6103) is expected, followed by a rebound from this level and a decline to the support at 2/8 (0.5981). The scenario could be cancelled by rising above the 4/8 (0.6103) level, in which case the quotes might rise to the resistance at 5/8 (0.6164).

NZDUSD

On M15, after a rebound from 4/8 (0.6103) on H4, the price decline could be additionally supported by a breakout of the lower boundary of the VoltyChannel.

NZDUSD

Author

RoboForex Team

RoboForex Team is a group of professional financial experts with high experience on financial market, whose main purpose is to provide traders with quality and up-to-date market information.

More from RoboForex Team
Share:

Editor's Picks

GBP/USD drops toward 1.3500 after weak UK jobs data

GBP/USD extends losses toward 1.3500 in European trading hours on Tuesday. The UK ILO Unemployment Rate held steady at 4.9% in the three months to June, against a forecast of 4.8%, while Employment Change arrived at 83K in the same period versus 147K previous. Weak UK labor data keep the British Pound under pressure, driving the pair lower.

EUR/USD flat lines below two-month high amid oil-driven inflation fears

The EUR/USD pair holds steady around the 1.1575-1.1580 region during the Asian session, and for now seems to have stalled the previous day's modest pullback from a two-month top. However, a modest US Dollar uptick warrants some caution before positioning for the resumption of the recent move higher from the 1.1350 area, or the July monthly swing low.

Gold drifts lower amid oil-driven inflation risks and US-Iran tensions

Gold attracts some sellers following a modest Asian session uptick, stalling a two-day move higher from the $4,300 neighborhood. The US Dollar builds on the overnight bounce from a two-month trough as inflation risks stemming from higher crude oil prices underpin prospects for at least one interest rate hike by the US Federal Reserve in 2026. Adding to this, the US-Iran standoff keeps the geopolitical risk premium in play and further underpins the safe-haven Greenback, which is seen exerting pressure on the precious metal.

Ripple and Stellar remain under bearish pressure as corrective declines cap upside

Ripple and Stellar remain under pressure as broader market uncertainty and weak technical momentum weigh on both altcoins. XRP is hovering below the key $1 mark on Tuesday while XLM continues its corrective decline below $0.157. Meanwhile, mixed derivatives and on-chain signals indicate cautious sentiment, leaving both cryptocurrencies vulnerable to further downside.

Silver’s new era: Supply deficits meet exploding industrial demand
Silver has experienced a wild ride in 2026, but The Silver Institute President and CEO Michael DiRienzo says investors shouldn’t let the volatility obscure a much bigger story: the underlying silver market remains remarkably strong.
Why is Crude Oil priced for a reopening the ships haven't made?
Fourteen vessels crossed the Strait of Hormuz on Tuesday. Before the war, the count ran near 120 a day. In the sessions since the waterway was publicly declared open, Brent has drifted back to $87 and West Texas Intermediate (WTI) to $81, both a little lower again on Wednesday, with daily momentum on each unwound from the top of its range in late July to the low twenties now.