AUD

• AUD/USD corrects to near 0.7065 after a four-day winning streak.
• Investors await the outcome of US-Iran ceasefire talks in Pakistan.
• The US headline CPI is expected to have risen at a faster pace of 3.3% YoY in March.

The AUD/USD pair is down 0.23% to near 0.7065 in the late Asian trading session, struggling to extend its winning streak for the fifth trading day on Friday. The Aussie pair comes under pressure as the Australian Dollar (AUD) underperforms amid uncertainty surrounding the first round of talks between the United States (US) and Iran in Pakistan over the weekend regarding the permanent ceasefire.

Australian Dollar Price Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the weakest against the US Dollar.

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).

Market participants doubt that US-Iran talks will go on smoothly amid continued military attacks in Lebanon between Iran-backed Houthis and the Israeli army.

Israeli Prime Minister (PM) Benjamin Netanyahu has pushed back hopes of a ceasefire in Lebanon, stating that Tel Aviv would continue “to strike Hezbollah with full force” as the country’s military launched fresh strikes.

On Thursday, Israeli PM Netanyahu stated, through a tweet on X, that he is open to direct negotiations with Lebanon after repeated requests from the nation.

On the macro front, investors await the US Consumer Price Index (CPI) data for March, which will be published at 12:30 GMT. The US headline inflation is expected to arrive significantly higher at 3.3% from 2.4% in February.

AUD/USD technical analysis

AUD/USD trades lower at around 0.7065 as of writing. However, the pair maintains a constructive bullish bias as spot holds above the 20-day exponential moving average (EMA) at 0.6989. The pair has rebounded from last month’s lows and is stabilizing near recent highs.

However, the price needs a fresh trigger to extend its upside, with the Relative Strength Index (RSI) struggling to break into the 60.00s zone.

On the downside, initial support is provided by the 20-day EMA at 0.6989, which reinforces the short-term bullish structure as long as it holds on closing bases. A daily close below this dynamic floor would signal fading upward momentum and expose a deeper correction towards the April 7 low around 0.6900.

Looking up, the April 9 high around 0.7100 is the immediate resistance; a decisive break above the same would allow the price to extend its rebound towards the March high at 0.7187.

• AUD/JPY strengthens to near 111.80 in Wednesday’s Asian session. 
• The cross maintains the constructive outlook above the 100-day EMA, with bullish RSI momentum. 
• The initial support level is located at 111.00; the first upside barrier emerges at 112.50.  

The AUD/JPY cross gathers strength to around 111.80 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) edges higher against the Japanese Yen (JPY) amid improved risk sentiment. US President Donald Trump said late Tuesday that he had agreed “to suspend the bombing and attack of Iran for a period of two weeks” on the condition that Iran reopens the Strait of Hormuz.

Iranian Foreign Minister Seyed Abbas Araghchi stated that during the two weeks, safe passage through the Strait of Hormuz “will be possible via coordination with Iran’s Armed Forces and with due consideration of technical limitations.” Easing tensions in the Middle East undermines a safe-haven currency such as the JPY and acts as a tailwind for the cross in the near term. 

On the other hand, fears that Japanese authorities would step in to support the domestic currency might cap the downside for the JPY. Japan’s top currency diplomat Atsushi Mimura said last week that officials may need to take “decisive” steps if speculative moves persist in the currency market.

Technical Analysis:

In the daily chart, the near-term bias of AUD/JPY is bullish as price extends its advance well above the 100-day exponential moving average around 107.50, confirming a dominant uptrend and resilient dip demand. The latest candles hold in the upper half of the Bollinger Band envelope, while the bands remain relatively wide, signalling sustained upside momentum rather than a volatility blow-off. RSI has rebounded toward the high-50s, recovering from mid-range readings and aligning with renewed buying pressure after the recent consolidation above the 111.00 handle.

Initial support emerges at 111.00, where recent lows converge with the mid-Bollinger zone, and a break below would expose deeper pullback risk toward the 110.00 area. Stronger downside protection aligns near the 109.00 region, close to the Bollinger lower band cluster and prior congestion, and a loss of this floor would weaken the broader bullish structure. On the topside, immediate resistance stands at the March 19 high of 112.61, followed by the upper boundary of the Bollinger Band of 113.15. 

• AUD/USD trades with caution around 0.6900 ahead of Trump’s Iran deadline.
• US President Trump threatened to destroy Iran’s civilian infrastructure if it doesn’t reopen the Hormuz.
• Investors await the US FOMC minutes and the CPI data.

The AUD/USD pair trades in a tight range around 0.6900 during the early European trading session on Tuesday. The Aussie pair consolidates as investors await Tehran’s response to United States (US) President Donald Trump’s warning to destroy Iranian power plants and bridges if it doesn’t reopen the Strait of Hormuz by Tuesday, 08:00 PM ET.

Market sentiment remains cautious, with the S&P 500 futures trading 0.5% down during the press time. The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, trades marginally higher around 100.10.

Ahead of the deadline, statements from Iranian officials indicate that the nation is unlikely to reopen the Hormuz, a scenario that could mark an escalation in the ongoing war. An advisor to Iran’s Parliament Speaker Mohammad Bagher Ghalibaf stated that “Trump has about 20 hours to either surrender to Iran, or his allies will return to the Paleolithic Age”.

On the domestic front, investors await the US Federal Open Market Committee (FOMC) minutes of the March policy meeting, which will be released on Wednesday. This week, the major highlight will be the US Consumer Price Index (CPI) data for March, which is scheduled for Friday.

AUD/USD technical analysis

AUD/USD trades cautiously at around 0.6910 as of writing. The near-term bias is mildly bearish as spot holds below the 20-day exponential moving average, which has started to roll over and cap bounces in the 0.6960 area. Price action shows a sequence of lower closes from the 0.71 region, while the RSI has slipped below the 50 line and stabilizes in the low-40s, confirming building downside momentum rather than oversold conditions.

Initial resistance emerges at the 20-day EMA near 0.6960, with a break above exposing the March 23 high around 0.7060 as the next barrier. On the downside, immediate support stands at 0.6880, guarding the recent trough at 0.6835. A daily close below 0.6835 would extend the bearish phase toward the 0.6800 handle, while recovery above 0.6960 would ease selling pressure and open a corrective phase within the broader range.

• AUD/USD may find the initial support at the 11-week low of 0.6833.
• The 14-day Relative Strength Index hovers near 43, suggesting mild bullish pressure.
• The pair tests the immediate barrier at the nine-day EMA of 0.6918.

AUD/USD holds gains after two days of losses, trading around 0.6910 during the Asian hours on Monday. The technical analysis of the daily chart indicates that the pair remains within a descending wedge pattern, suggesting that selling pressure is gradually weakening as lower highs and lower lows converge. This structure often reflects a loss of bearish momentum, increasing the likelihood of a bullish breakout.

However, the 14-day Relative Strength Index (RSI) is around 43, suggesting a bearish bias, with momentum slipping below the midline after failing to sustain earlier strength. Moreover, the near-term bias is bearish as the AUD/USD pair holds below the nine-day Exponential Moving Average (EMA) and the flatter 50-day EMA.

The initial support lies at the 11-week low of 0.6833, which was recorded on March 30, followed by the lower boundary of the descending wedge around 0.6810. A break below the wedge would strengthen the bearish bias and open the doors for the AUD/USD pair to navigate the region around a deeper 0.6400 rebound support zone.

The AUD/USD pair could find the immediate barrier at the nine-day EMA of 0.6918, followed by the 50-day EMA at 0.6958 around the upper boundary of the wedge. A sustained break above this confluence resistance zone would lead the pair to test the 0.7187, the highest since June 2022, reached on March 11.

(The technical analysis of this story was written with the help of an AI tool.)

Australian Dollar Price Today

The table below shows the percentage change of Australian Dollar (AUD) against listed major currencies today. Australian Dollar was the strongest against the Swiss Franc.

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Australian Dollar from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent AUD (base)/USD (quote).