AUD/USD Price Analysis: Aussie clings to weekly gains near 0.6900 handle

AUD/USD is continuing to grind up following the massive breakout seen on Wednesday.
Resistances on the way up can be located near 0.6912 and 0.6931 levels.

Flavio Tosti Independent Analyst

AUD/USD daily chart

AUD/USD is trading just below the 0.6900 handle and the 200-day simple moving average (DMA) as the market is trading at fresh December highs this Thursday.

AUD/USD four-hour chart

AUD/USD is creeping higher after the strong boost seen on Wednesday. As the buyers remain in control, the spot will probably try to reach the 0.6912 and 0.6931 resistance levels, according to the Technical Confluences Indicator.

AUD/USD 30-minute chart

The market remains one-sided while trading above the main SMAs. Support is seen at the 0.6880/0.6867 price zone. A break below it could lead to deeper pullback towards the 0.6838/0.6824 price zone, according to the Technical Confluences Indicator.

Additional key levels

AUD/USD

Overview
Today last price	0.6895
Today Daily Change	0.0012
Today Daily Change %	0.17
Today daily open	0.6883

Trends
Daily SMA20	0.681
Daily SMA50	0.682
Daily SMA100	0.6807
Daily SMA200	0.6912

Levels
Previous Daily High	0.689
Previous Daily Low	0.6804
Previous Weekly High	0.6863
Previous Weekly Low	0.6762
Previous Monthly High	0.6929
Previous Monthly Low	0.6754
Daily Fibonacci 38.2%	0.6857
Daily Fibonacci 61.8%	0.6837
Daily Pivot Point S1	0.6828
Daily Pivot Point S2	0.6773
Daily Pivot Point S3	0.6742
Daily Pivot Point R1	0.6914
Daily Pivot Point R2	0.6945
Daily Pivot Point R3	0.7

Author

Flavio Tosti

Independent Analyst

EUR/USD ticks higher to near 1.1800 ahead of flash German inflation data

The EUR/USD pair trades marginally higher to near 1.1810 in the late Asian trading session on Friday, ahead of the release of preliminary inflation data for February from Germany and its major states during the day.

GBP/USD struggles to lure buyers amid UK political drama, BoE easing bias

The GBP/USD pair struggles to build on the overnight modest bounce from the 1.3445 area, or the weekly low, and oscillates in a narrow band during the Asian session on Friday. Spot prices currently trade just below the 1.3500 psychological mark, nearly unchanged for the day, and seem vulnerable to slide further.

Gold awaits acceptance above $5,200 and US PPI data

Gold consolidates previous rebound near $5,200 amid risk-off markets, awaiting US PPI release. The US Dollar eyes a flattish weekly close as dovish Fed outlook and tariff woes outweigh geopolitical risks. Gold yearns for acceptance above $5,200 to resume the uptrend, with a bullish RSI in play.

Bitcoin, Ethereum and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Changing the game: International implications of recent tariff developments

The Supreme Court ruling on International Emergency Economic Powers Act (IEEPA) tariffs provides limited relief for the rest of the world, with weighted average tariff rates modestly lower.

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.