AUDUSD Analysis
| Performance after Monday | |||
| Period | Pct | Chg | Momentum |
| Monday | 0.1433% | 10.0 Pips | ▲ |
| Week to-date | 0.1433% | 10.0 Pips | ▲ |
| July | 1.0117% | 70.0 Pips | ▲ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Wed 09:30 AM | AUD | HIGH | Monthly CPI Indicator (12-mth) | Jun |
| Thu 02:00 AM | USD | HIGH | Fed Interest Rate Decision (Federal Funds Rate) |
What can we expect from AUDUSD today?
The AUDUSD pair closed with a slight gain of 0.1433% on Monday, ending the session at 0.69890. The daily outlook remains bullish, with the price trading above the 9-day EMA.
📈 Bull Scenario A bullish scenario for AUDUSD could be triggered if the pair breaks above the daily pivot point of 0.69947. If this upward momentum continues, traders should watch for resistance at R1, which is 0.70054, and further gains could target R2 at 0.70217. | 📉 Bear Scenario Conversely, a bearish scenario may unfold if the price falls below the daily pivot point of 0.69947. In this case, the first support level to monitor is S1 at 0.69784, with further downside potential towards S2 at 0.69677 if selling pressure intensifies. |
Key levels to watch out:
| R3 | 0.70324 |
| R2 | 0.70217 |
| R1 | 0.70054 |
| Daily Pivot | 0.69947 |
| S1 | 0.69784 |
| S2 | 0.69677 |
| S3 | 0.69514 |