|

AUD/USD Price Analysis: Drops back towards 100-DMA

  • AUD/USD refreshes intraday low, reverses the previous day’s up-moves.
  • Late October low, September’s peak guard immediate upside.
  • Friday’s Doji keeps buyers hopeful despite bearish MACD signals.

AUD/USD takes offers to renew intraday low near 0.7390, consolidating the week-start gains during early Tuesday.

Although bearish MACD signals hint at the Aussie pair’s further weakness, the 100-DMA and Friday’s Doji challenges the bears.

If the quote breaks the stated DMA support and Friday’s low, respectively near 0.7375 and 0.7360, the bullish candlestick formation gets negated. The same will direct AUD/USD bears towards three-month-old horizontal support near 0.7315-10.

However, any extra downside will be challenged by an ascending support line from August 20, around 0.7235 by the press time.

Meanwhile, recovery moves need validation from October 22 low and September’s peak, near 0.7450 and 0.7480 in that order, to recall the AUD/USD buyers.

Following that, 200-DMA and the monthly peak can challenge the pair bulls around 0.7550-60.

AUD/USD: Daily chart

Trend: Further weakness expected

Additional important levels

Overview
Today last price0.7394
Today Daily Change-0.0030
Today Daily Change %-0.40%
Today daily open0.7424
 
Trends
Daily SMA200.7455
Daily SMA500.7369
Daily SMA1000.738
Daily SMA2000.7551
 
Levels
Previous Daily High0.7432
Previous Daily Low0.7384
Previous Weekly High0.7537
Previous Weekly Low0.736
Previous Monthly High0.7557
Previous Monthly Low0.7191
Daily Fibonacci 38.2%0.7414
Daily Fibonacci 61.8%0.7402
Daily Pivot Point S10.7395
Daily Pivot Point S20.7365
Daily Pivot Point S30.7347
Daily Pivot Point R10.7443
Daily Pivot Point R20.7461
Daily Pivot Point R30.7491

Author

Anil Panchal

Anil Panchal

FXStreet

Anil Panchal has nearly 15 years of experience in tracking financial markets. With a keen interest in macroeconomics, Anil aptly tracks global news/updates and stays well-informed about the global financial moves and their implications.

More from Anil Panchal
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

EUR/USD falls to near 1.1700 due to safe-haven demand

EUR/USD extends its losses, trading around 1.1710 during the Asian hours on Monday. The pair loses ground as the US Dollar strengthens on safe-haven demand, driven by a renewed rise in geopolitical risks following the United States’ capture of Venezuelan President Nicolas Maduro.

GBP/USD trades with modest losses below mid-1.3400s as geopolitical tensions lift USD

The GBP/USD pair opens with a modest bearish gap at the start of a new week and trades just below mid-1.3400s during the Asian session, down 0.10% for the day. Spot prices, however, lack follow-through selling and manage to hold above last week's swing low amid mixed fundamental cues.

Gold jumps above $4,350 on US-Venezuela tensions

Gold price climbs to around $4,370 during the early Asian trading hours on Monday. The precious metal extends its upside amid a renewed surge in geopolitical risk after the United States' capture of Venezuelan President Nicolas Maduro. Traders will closely monitor developments surrounding the US seizure of Maduro and await the US ISM Manufacturing Purchasing Managers' Index data later on Monday. 

Powerful guide to ISM, building permits, NFP and Silver technicals

Next week is important for U.S. markets. We get key economic data that can move stocks, bonds, and the dollar. The main reports are ISM Manufacturing, ISM Services, Building Permits, and Non-Farm Payrolls. Traders will watch these closely.

Economic outlook 2026-2027 in advanced countries: Solidity test

After a year marked by global economic resilience and ending on a note of optimism, 2026 looks promising and could be a year of solid economic performance. In our baseline scenario, we expect most of the supportive factors at work in 2025 to continue to play a role in 2026.

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).