|

AUD/USD price analysis: Australian dollar stuck near daily highs, challenging 0.6836 resistance

  • AUD/USD is trading sideways coiling around the 200 DMA. 
  • The market is challenging the 0.6836/43 resistance zone.
 
 

AUD/USD daily chart 

 
After the initial bullish breakout at the start of December, AUD/USD is remaining in range near the 200-day simple moving average (DMA). 
 

AUD/USD four-hour chart

 
The aussie is challenging the 0.6836/43 resistance zone and the 200 SMA. If the market breaks this area, the buyers could take the lead and drive the market to the 0.6864 level in the medium term, according to the Technical Confluences Indicator
 

AUD/USD 30-minute chart 

 
AUD/USD is trading below the 200 SMA, suggesting a bearish momentum in the near term. However, a breakdown below the 0.6821/14 support zone could lead to 0.6800, 0.6779 and 0.6775 price levels.
 

 

Additional key levels

AUD/USD

Overview
Today last price0.6833
Today Daily Change-0.0007
Today Daily Change %-0.10
Today daily open0.684
 
Trends
Daily SMA200.6811
Daily SMA500.6813
Daily SMA1000.6812
Daily SMA2000.6915
 
Levels
Previous Daily High0.6858
Previous Daily Low0.6823
Previous Weekly High0.6863
Previous Weekly Low0.6762
Previous Monthly High0.6929
Previous Monthly Low0.6754
Daily Fibonacci 38.2%0.6844
Daily Fibonacci 61.8%0.6836
Daily Pivot Point S10.6823
Daily Pivot Point S20.6806
Daily Pivot Point S30.6788
Daily Pivot Point R10.6857
Daily Pivot Point R20.6875
Daily Pivot Point R30.6892

Author

Flavio Tosti

Flavio Tosti

Independent Analyst

 

More from Flavio Tosti
Share:

Editor's Picks

EUR/USD climbs to daily highs near 1.1820

EUR/USD now picks up pace and advances to the area of daily peaks north of the 1.1800 barrier at the end of the week. The pair’s decent move higher comes against the backdrop of a generalised lack of direction in the FX galaxy and the mild offered stance in the US Dollar.

GBP/USD trims losses, retests 1.3460

After briefly challenging its key 200-day SMA near 1.3440, GBP/USD now manages to regain some balance and revisit the 1.3460 zone on Friday. Cable’s pullback comes as the selling pressure on the Greenback gathers traction, reigniting some recovery in the risk-linked space.

Gold flirts with four-week highs past $5,200

Gold extends its rebound, climbing for a third consecutive session and pushing back above the $5,200 mark per troy ounce on Friday. The move higher continues to draw support from lingering geopolitical tensions and the ongoing uncertainty surrounding US trade policy, both of which are keeping safe-haven demand firmly 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.