AUD/USD Technical Analysis: Aussie bears take the helm as the market is set to drop to 0.7250 level

Flavio Tosti Independent Analyst

AUD/USD 4-hour chart

AUD/USD is trading in a bull trend above the 200-period simple moving average on the 4-hour chart.
AUD/USD failed to sustain prices above the 0.7300 handle while technical indicators are weakening.
AUD/USD is set to remain capped by 0.7320 with a potential drop to the 0.7250 level in the coming sessions.

Additional key levels at a glance:

AUD/USD

Overview:
    Last Price: 0.7292
    Daily change: -43 pips
    Daily change: -0.586%
    Daily Open: 0.7335
Trends:
    Daily SMA20: 0.7174
    Daily SMA50: 0.7168
    Daily SMA100: 0.7257
    Daily SMA200: 0.7454
Levels:
    Daily High: 0.7336
    Daily Low: 0.725
    Weekly High: 0.7336
    Weekly Low: 0.7164
    Monthly High: 0.724
    Monthly Low: 0.702
    Daily Fibonacci 38.2%: 0.7303
    Daily Fibonacci 61.8%: 0.7283
    Daily Pivot Point S1: 0.7278
    Daily Pivot Point S2: 0.722
    Daily Pivot Point S3: 0.7191
    Daily Pivot Point R1: 0.7364
    Daily Pivot Point R2: 0.7393
    Daily Pivot Point R3: 0.7451

Author

Flavio Tosti

Independent Analyst

EUR/USD gathers traction, approaches 1.1800

EUR/USD manages to reverse Tuesday’s pullback, advancing to two-day highs near the 1.1800 hurdle in the latter part of Wednesday’s session. The pair’s decent uptick comes on the back of the modest retracement in the US Dollar, as investors continue to closely follow developments on the trade front and news from the White House in the wake of President Trump’s SOTU speech.

GBP/USD challenges multi-day highs near 1.3530

GBP/USD leaves behind the previous day’s decline and regains fresh upside traction on Wednesday, surpassing the 1.3500 barrier in a context of a modest decline in the Greenback and a generalised improved mood in the risk-linked space. Meanwhile, the US tariff narrative continues to dictate the mood among market participants after Presidet Trump’s SOTU speech failed to surprise markets.

Gold remains bid and close to $5,200

Gold buyers are returning to the fold on Wednesday, targeting the $5,200 area and possibly beyond, after Tuesday’s corrective dip from monthly highs. The rebound in the precious metal comes as the US Dollar loses traction, with Trump’s SOTU speech offering little fresh direction and AI-related nerves continuing to ease.

Crypto Today: Bitcoin, Ethereum, XRP test rebound strength as ETF inflows return

Bitcoin, Ethereum and Ripple are gaining traction at the time of writing on Wednesday, amid persistent market doldrums. The Crypto King is up over 2% intraday, trading above $65,000 from the day’s opening of $64,058.

Nvidia earnings to influence AI trade and broader market sentiment

For the last three years, Nvidia has been the engine of the AI boom, and now Wall Street is watching to see whether that momentum can keep going. High-growth stocks have been struggling to maintain their bullish trend in 2026.

Cosmos Hub Price Forecast: ATOM rebounds slightly, bearish outlook remains intact

Cosmos Hub (ATOM) price rebounds, trading above $2.05 at the time of writing on Wednesday, after undergoing a sharp correction since last week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.