AUD/USD’s rally from 0.6210 stalls below 0.6380

The aussie bounces up from 0.6210 and erases the previous two days' losses.
Fed speculation and BoJ intervention hit the USD.
AUD/USD is expected to remain capped below 0.6390.

Guillermo Alcala FXStreet

The Australian dollar has featured a strong recovery on Friday’s US trading session. The pair bounced up from session lows at 0.6210, rallying all the way to levels right below 0.6380 and retracing the last two day’s decline.

The USD dives on Fed speculation and BoJ intervention

A news report by the Wall Street Journal suggested earlier on Friday that Federal Reserve officials are open to discussing how to signal a smaller rate hike in December which has hurt demand on the USD across the board.

The report has offset the impact of the hawkish rhetoric of Fed members. Just on Thursday, the Philadelphia Fed President Patrick Harker assured that the bank will "keep raising rates for a while."

Furthermore, an alleged intervention by the Bank of Japan and the Japanese Finance Ministry has pushed the yen higher across the board. The USD has tumbled more than 2.5% in a matter of minutes, which has hit all US dollar crosses.

AUD/USD unlikely to appreciate past 0.6390 in the near term – UOB

From a longer-term perspective, FX analysts at UOB remain skeptical about the possibility of a sustained uptrend: “Our latest narrative from Tuesday (18 Oct, spot at 0.6295) still stands. As highlighted, AUD is likely to consolidate and trade between 0.6190 and 0.6390 for the time being.”

Technical levels to watch

AUD/USD

Overview
Today last price	0.6354
Today Daily Change	0.0073
Today Daily Change %	1.16
Today daily open	0.6281

Trends
Daily SMA20	0.6381
Daily SMA50	0.6654
Daily SMA100	0.6798
Daily SMA200	0.7014

Levels
Previous Daily High	0.6356
Previous Daily Low	0.6228
Previous Weekly High	0.638
Previous Weekly Low	0.617
Previous Monthly High	0.6916
Previous Monthly Low	0.6363
Daily Fibonacci 38.2%	0.6307
Daily Fibonacci 61.8%	0.6277
Daily Pivot Point S1	0.6221
Daily Pivot Point S2	0.6161
Daily Pivot Point S3	0.6093
Daily Pivot Point R1	0.6349
Daily Pivot Point R2	0.6416
Daily Pivot Point R3	0.6476

Author

Guillermo Alcala

FXStreet

Graduated in Communication Sciences at the Universidad del Pais Vasco and Universiteit van Amsterdam, Guillermo has been working as financial news editor and copywriter in diverse Forex-related firms, like FXStreet and Kantox.

Markets move fast. We move first.

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

Editor's Picks

EUR/USD eyes 1.1800 barrier near two-month highs

EUR/USD extends its gains for the second consecutive day on Tuesday and approaches 1.1800. On the daily chart, technical analysis indicates a persistent bullish bias, as the pair moves upward within the ascending channel pattern. Additionally, the 14-day Relative Strength Index at 68.89 reaffirms the bullish bias.

GBP/USD climbs to 1.3500 area, renews ten-week high

GBP/USD extends its weekly rally and trades at its highest level since early October near 1.3500. The US Dollar remains under persistent bearish pressure heading into the holidays, while Pound traders largely brush off the latest interest rate cut from the Bank of England.

Gold approaches $4,500 as record-setting rally continues

Gold builds on Monday's impressive gains and advances toward $4,500, setting fresh record-highs along the way. Heightened geopolitical tensions, combined with the broad-based US Dollar (USD) weakness ahead of the Q3 GDP data, help XAU/USD preserve its bullish momentum.

Uniswap holds above $6 as traders eye UNIfication vote outcome

Uniswap price holds above $6 at the time of writing on Tuesday after closing above a key resistance zone in the previous week. Traders are focusing on the highly anticipated UNIfication proposal, which is set to conclude on Thursday, and could become a key near-term catalyst. On the technical side, momentum indicators are flashing bullish signals, hinting at an upside rally.

Ten questions that matter going into 2026

2026 may be less about a neat “base case” and more about a regime shift—the market can reprice what matters most (growth, inflation, fiscal, geopolitics, concentration). The biggest trap is false comfort: the same trades can look defensive… right up until they become crowded.

XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.