200 Moving Average

AUD/USD remained in consolidation as traders looked toward Australian trimmed mean inflation data and the Federal Reserve’s October rate decision. A hotter domestic inflation reading could support bullish continuation, but hawkish Fed messaging may strengthen the US dollar and cap gains.

AUD/USD is attempting to stabilize after a multi-month low, but the rebound faces a major test from U.S. inflation data and Australian labor market figures. Safe-haven demand for the Greenback, geopolitical tension in the Middle East and key chart levels around 0.6935, 0.6905, 0.6980 and 0.7005 are shaping near-term sentiment.

AUD/USD remains under pressure as the U.S. dollar benefits from rising Treasury yields and stronger expectations for another Federal Reserve rate hike. Traders are watching the 0.7000 support area, U.S.-China trade talks and next week’s Reserve Bank of Australia meeting for the pair’s next directional signal.

AUD/USD remains under pressure after stronger US producer price data boosted expectations for a Federal Reserve rate hike next week. Traders are now watching consumer inflation figures for the next signal on whether the pair extends losses or stages an oversold rebound.

AUD/USD remained under pressure after stronger US producer price data lifted expectations for a Federal Reserve rate hike next week. Traders are now focused on US consumer inflation data, with key support at 0.7145 and 0.7120 in view.

AUD/USD is hovering near the lower edge of a rising wedge after pulling back from its highest level since mid-June. Traders are watching U.S. employment data for the next catalyst, with support at 0.7020, 0.7010 and 0.6990 in focus.