AUDUSD Analysis
| Performance after Thursday | |||
| Period | Pct | Chg | Momentum |
| Thursday | -0.2% | -14.0 Pips | ▼ |
| Week to-date | -1.34% | -94.0 Pips | ▼ |
| October | -0.2% | -14.0 Pips | ▼ |
Upcoming key events (GMT+8)
| Time (GMT+8) | Currency | Impact | Event |
| Fri 08:30 PM | USD | HIGH | Average Hourly Earnings (1-mth) |
| Fri 08:30 PM | USD | HIGH | Average Hourly Earnings (12-mth) |
| Fri 08:30 PM | USD | HIGH | Nonfarm Payroll Employment |
What can we expect from AUDUSD today?
The AUDUSD pair is showing a bearish outlook today, having closed down 0.2% at 0.69290. The pair remains below the 9-day EMA, with a weekly performance of -1.34%.
📈 Bull Scenario A bullish scenario could emerge if the pair manages to break above the daily pivot at 0.6929. A sustained move past the first resistance level at 0.6956 could further strengthen the bullish momentum, potentially targeting the second resistance level at 0.6983. | 📉 Bear Scenario The bearish trend may continue if the AUDUSD falls below the first support level at 0.6902. A break below this level could see the pair testing the second support level at 0.6875, especially with the stochastic indicator falling in the oversold zone. |
Key levels to watch out:
| R3 | 0.701 |
| R2 | 0.6983 |
| R1 | 0.6956 |
| Daily Pivot | 0.6929 |
| S1 | 0.6902 |
| S2 | 0.6875 |
| S3 | 0.6848 |