tradingkey.logo
tradingkey.logo
Search

AUD/USD: Next level to watch is 0.6440 – UOB Group

FXStreetOct 14, 2025 10:15 AM
facebooktwitterlinkedin
View all comments0

Further declines in AUD still appear likely; the next level to watch is 0.6440, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Further declines in AUD still appear likely

24-HOUR VIEW: "When AUD was at 0.6500 in the early Asian session yesterday, we were of the view that it 'is likely to consolidate in a range of 0.6465/0.6530.' Our view of consolidation was not wrong, even though AUD traded within a narrower range than expected (0.6493/0.6533). The price movements still appear to be part of a consolidation. Today, we expect AUD to trade between 0.6495 and 0.6535."

1-3 WEEKS VIEW: "We stated yesterday (13 Oct, spot at 0.6500) that 'further declines in AUD still appear likely, and the next level to watch is 0.6440.' We will maintain the same view as long as AUD holds below 0.6575 (no change ‘strong resistance’ level from yesterday). A breach of the ‘strong resistance’ level would indicate that the decline from the middle of last week has ended."

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.

0/500
Commenting Guidelines
Loading...

Recommended Articles

tradingkey.logo
* References, analysis, and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgement of the analyst, without considering the investment objectives and financial situation of the investors.
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.