Forex

AUDUSD on Tuesday rose 0.14% to 0.66556. Pair in consolidation. What we know.

AUDUSD on Tuesday rose 0.14% to 0.66556. Pair in consolidation. What we know.
AUDUSD on Tuesday rose 0.14% to 0.66556.  Pair in consolidation. What we know.

AUDUSD Analysis

Performance after Tuesday
Period Pct Chg Momentum
Tuesday 0.14% 9.6 Pips
Week to-date -0.22% -15 Pips
September -2.06% -140 Pips

Upcoming key events (London Time)

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Wed 01:30 PM USD CPI Inflation Rate (12-mth)
Thu 01:30 PM USD PPI excluding Food and Energy sectors (12-mth)

What happened lately

No major activities.

Latest from X (Twitter)


What can we expect from AUDUSD today?

AUDUSD on Tuesday rose 0.14% to 0.66556. Price is below 9-Day EMA while Stochastic is falling.

Updated daily direction for AUDUSD looks mixed as the pair is likely to consolidate above 0.66387 (S1).

Looking ahead today, to see upside interest, we prefer to look at price breakout of last daily high of 0.66765 or trades above daily pivot 0.66576. Break above could target R1 at 0.66745. While to the downside, we are looking at 0.66387 (S1) and daily low of 0.66407 as support levels. AUDUSD need to break on either side to indicate a short-term bias. A break above 0.66765 may suggest continuation after recent positive movement.

For the week to-date, take note that AUDUSD is mixed as compared to the prior week.

Key levels to watch out:

R3 0.67103
R2 0.66934
R1 0.66745
Daily Pivot 0.66576
S1 0.66387
S2 0.66218
S3 0.66029

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