AUD/USD rejected at key trend line – Société Générale

FXStreetSep 30, 2025 9:18 AM

View all comments（0）



AUD/USD is consolidating after September’s rejection at a key multiyear trend line, with the 50-DMA offering support and defining the near-term range, Société Générale's FX analysts note.

Range-bound between 0.6520–0.6630

"AUD/USD has faced significant resistance near a multiyear descending trend line and the November 2024 highs at 0.6685/0.6710 in September, leading to a sharp pullback. It has so far held above the 50-DMA, indicating that upward momentum remains intact."

"In the short term, price action is likely to stay range-bound within limits of recent pivot low at 0.6520 and 0.6630. A decisive break above the trend line near 0.6685/0.6710 would be essential to confirm a larger uptrend."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Intel (INTC) Stock Price Prediction: Perplexity Chose Nvidia Over Intel — Can $113 Hold Into July 23 Earnings?

TradingKey - Intel fell in the chip sector selloff triggered by Samsung’s ‘only 6% ahead’ Q2 beat. Perplexity chose Nvidia’s Vera chip over Intel in AI speed tests. INTC at $113 recovering. July 23 earnings is the reset.

Tesla Optimus Gen 3 Design Initially Finalized, Musk Sets Hard Target for Supply Chain: 1,000 Units Weekly Production by September.

TradingKey - According to reports from LatePost, multiple sources within Tesla's supply chain have revealed that Tesla recently issued specific procurement guidance for Optimus parts to its suppliers. The company requested that production capacity be increased to 1,000 units per week by September of this year, and further raised to between 2,000 and 2,500 units per week by the end of the year. Based on the year-end weekly capacity estimate, suppliers will have the capability to supply parts for approximately 100,000 Optimus units annually to Tesla by the end of the year.

Micron Technology (MU) Stock Forecast: AI Memory Boom Keeps Bulls Focused on $1,100 After Trendline Rebound

Micron rebounds from ascending trendline support as AI-driven HBM demand continues to reshape earnings. Can MU extend toward $1,103 after record Q3 results?

NVIDIA (NVDA) Stock Forecast: DeepSeek Building Its Own Chip - Is $197 the Bottom?

Reuters says DeepSeek is building its own AI chip to cut ties with Nvidia. NVDA slipped 2% on the news but still holds $197. The chart has flipped to a long setup. 61 analysts Buy at $301 avg target.

Japan and South Korea Stocks Surge at Open: Nikkei 225 and Kospi Soar Together, SK Hynix and Kioxia Jump 8%, Samsung and SoftBank Follow

Japanese and South Korean stock markets opened higher and continued to rise, with the KOSPI Index and the Nikkei 225 index gaining to varying degrees. SK Hynix and Kioxia surged by approximately 8%, while Samsung Electronics and SoftBank tracked the gains.

Featured Tools