0.712
Today
-0.03%
5 Days
-0.67%
1 Month
+0.15%
6 Months
+1.49%
Year to Date
+6.74%
1 Year
+8.14%
Opening Price
0.711Previous Closing Price
0.712
The upside prevails as long as 0.7114 is support, with 0.7153 and 0.7163 as targets
below 0.7114, expect 0.7097 and 0.7088.
The upside prevails as long as 0.7114 is support, with 0.7153 and 0.7163 as targets
AUD/USD reverses its earlier gains on Monday as a broadly firmer US Dollar (USD) and hawkish Federal Reserve (Fed) expectations cap the upside.
AUD/USD edges higher on Monday, trading around 0.7130 at the time of writing, up 0.06% on the day. The Australian Dollar (AUD) benefits mainly from strengthening expectations that the Reserve Bank of Australia (RBA) could raise interest rates again at its monetary policy meeting next week.
The Australian Dollar (AUD) trades higher against its major currency peers, except the US Dollar (USD), on Monday. The Australian currency is marginally down to near 0.7120 against the US Dollar in the European trading session.
The AUD/USD pair attracts some dip-buyers following a modest gap-down open on Monday and holds comfortably above the 0.7100 mark through the Asian session.
US Treasury Secretary Scott Bessent spoke ahead of the US President Donald Trump and Chinese President Xi Jinping summit, saying that he had a very successful engagement with China on trade and AI, Reuters reported on Monday.
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.