AUDUSD Analysis
| Performance after Thursday | |||
| Period | Pct | Chg | Momentum |
| Thursday | -0.14% | -10.0 Pips | ▼ |
| Week to-date | 0.66% | 46.0 Pips | ▲ |
| July | 1.11% | 77.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Fri 10:00 PM | USD | HIGH | Index of Consumer Sentiment |
What happened lately
The AUDUSD pair experienced a slight decline on Thursday, dropping by 0.14% to close at 0.69960. The trading session saw the pair fluctuate between a high of 0.70120 and a low of 0.69840, indicating a period of consolidation.
On the previous trading day, the U.S. released its Monthly Retail Trade data for June 2026, which came in at 0.2%, matching the consensus forecast and showing a decrease from the previous month’s figure of 0.9%. Despite the alignment with expectations, the data did not appear to significantly influence the AUDUSD’s movement, as the pair remained relatively stable.
Looking ahead, market participants are likely to keep an eye on the upcoming Index of Consumer Sentiment for July 2026, scheduled for release at 10:00 PM GMT+8 on Friday. This high-impact event could potentially affect the USD and, consequently, the AUDUSD pair.
Overall, the market sentiment for the AUDUSD remains cautious, with traders possibly awaiting further economic indicators to provide clearer direction. The pair’s recent consolidation suggests a balanced market, with neither bulls nor bears gaining a decisive advantage.
What can we expect from AUDUSD today?
The AUDUSD pair closed slightly lower on Thursday, with a daily performance of -0.14%, settling at 0.69960. The outlook for today remains mixed, with the pair trading above its 9-day EMA and the stochastic indicator falling within the overbought zone.
📈 Bull Scenario If the AUDUSD gains upward momentum, a break above the daily high of 0.70120 could trigger a bullish scenario. Traders should watch for resistance at R1 (0.70107) and R2 (0.70253) as potential targets. The weekly bullish outlook may provide additional support for upward movements. | 📉 Bear Scenario On the downside, a move below the daily low of 0.69840 could signal further bearish activity. Key support levels to monitor are S1 (0.69827) and S2 (0.69693). The falling stochastic in the overbought zone suggests potential for further declines if selling pressure increases. |
Key levels to watch out:
| R3 | 0.70387 |
| R2 | 0.70253 |
| R1 | 0.70107 |
| Daily Pivot | 0.69973 |
| S1 | 0.69827 |
| S2 | 0.69693 |
| S3 | 0.69547 |