Higher lows intact; 0.6994–0.7036 range under a triple-tested cap.
The rally from Monday's 0.6950 low met supply at 0.7036, which was tested three times between Wednesday's London session and Thursday's Asia open before a rejection as Middle East tension and higher oil weighed on AUD. Thursday's London dip briefly broke the 0.70 psych level, but the thu low at 0.6994 held on the 50% retracement of the weekly rally and the break was reclaimed into NY. Price is now capped at the NY high of 0.7024 and hugging EMA(20), with RSI(14) flat near 51 and the higher-lows line from the tue low still intact.
Support: 0.7000, 0.69936, 0.69704
Resistance: 0.7024, 0.70361
What it said to watch
H1 close below the 0.6994 thu low breaks the higher-lows line and the 50% fib, putting the 0.6970 tue low back in play
H1 close above the 0.7036 week high clears the triple-tested cap; the NY high at 0.7024 is the first hurdle
AU flash PMIs at 22:00 UTC tonight and Bullock's speech Fri 10:00 UTC could materially shift this read around the 0.70 psych level
US flash PMIs Fri 13:45 UTC and oil/Middle East headlines are the other range-break risks
Higher lows intact; consolidation under 0.7036 cap since Wednesday.
AUDUSD has climbed from Monday's 0.6950 low, with Tuesday's NY session and Wednesday's Asia-London hours carrying it to the 0.7036 week high, driven by hawkish RBA repricing and a softer USD. Since then the week high has capped three attempts. Thursday's London dip on oil-driven risk-off and the US claims beat broke below 0.7000 to the 0.6994 thu low, near the 50% fib of the week's impulse, before NY hours reclaimed the ema20. RSI(14) has cooled from overbought into the mid-50s, and the higher-low line from Tuesday is still intact.
Support: 0.7018, 0.69936, 0.69704
Resistance: 0.70361
What it said to watch
H1 close above the 0.7036 week high breaks the consolidation cap and extends the higher-high sequence
Failure to hold the 0.6994 thu low and the higher-low line breaks this week's structure and exposes the 0.6970 tue low
Repeated H1 closes back under the ema20 near 0.7018 would mark the NY recovery as fading inside the range
AU flash PMIs at 22:00 UTC tonight and Bullock's speech Fri 10:00 UTC could reprice RBA hike odds and shift this read
US flash PMIs Fri 13:45 UTC and Middle East/oil headlines remain the main threat to the 0.7000 psych handle
17:06 UTC
Uptrend, stalling under week high · RSI 55 · price 0.70215
Higher lows since Monday open, capped at 0.7036; 0.6994–0.7036 range.
AUDUSD gapped higher at Monday's open and stacked higher lows all week. Tuesday's NY session pushed it through 0.7000 after soft US housing and jobs data, and London extended the move to the 0.7036 week high on Wednesday. That week high has capped three attempts since. Thursday's Middle East/oil risk-off slide from the Asia session into London tagged 0.6994, near the 50% retracement of the week's impulse, before the break of 0.7000 was reclaimed. Price is back above EMA(20) at 0.7017 and pressing the 0.7023 London high, with RSI(14) near 55 after Wednesday's ~70 readings.
Support: 0.7017, 0.7000, 0.6994
Resistance: 0.7023, 0.7036
What it said to watch
H1 close above the 0.7036 week high breaks the three-touch cap and opens the 0.7045–0.7070 zone
Failure to hold the 0.7000 psych level and Thursday's 0.6994 low confirms a lower-low beneath the 50% retracement
Rejection at the 0.7023 London high with a loss of EMA(20) at 0.7017 keeps price rotating inside the 0.6994–0.7036 range
AU flash PMIs at 22:00 UTC tonight and RBA Gov. Bullock Fri 10:00 UTC could reset hike pricing and shift this read
US flash PMIs and UoM inflation expectations Fri 13:45–14:00 UTC, plus oil/Middle East headlines, remain the risk-off override
Higher lows intact; 0.6994–0.7036 range after Thursday pullback.
AUDUSD gapped above the weekly open at 0.6964 on Monday and reclaimed 0.7000 into Tuesday's London-NY transition as weak US data and a softer dollar fed the move. Supply capped three tests of the 0.7036 week high from Wednesday into Thursday's Asia session, the last at a fresh monthly high. Middle East and oil risk-off then pulled price to the 0.6994 Thursday low in London, which held the 50% retracement and the higher-low trendline. The NY session has lifted price back above EMA(20) near 0.7016, with RSI(14) flat around 51 and the 0.7022 session high just overhead.
Support: 0.70164, 0.69936, 0.69643
Resistance: 0.70223, 0.70361
What it said to watch
H1 close above the 0.7022 session high puts the 0.7036 week high back in play; a break of it ends the range read
Failure to hold the 0.6994 Thursday low breaks the 50% retracement and the higher-low trendline, exposing the weekly open at 0.6964
AU flash PMIs tonight 22:00 UTC and RBA Gov. Bullock Fri 10:00 UTC could materially shift this read
US flash PMIs Fri 13:45 UTC are the USD-side risk to the 0.7000 handle
Double top at week high, lower highs since Thursday Asia, holding 0.7000.
AUDUSD rallied from Monday's gap-up open near 0.6950 to a 0.7036 week high on RBA hike repricing and a softer USD. The double top at the week high (Wednesday London, Thursday Asia) has since produced lower highs, and price sits just under the EMA(20) near 0.7015 with RSI(14) at 44. Thursday's London dip to 0.6994, roughly the 50% retracement of the week's rally, briefly lost the 0.7000 round number on Middle East risk-off. Buyers stepped back in quickly, leaving a 0.6994–0.7022 range under the lower-high trendline.
Support: 0.7000, 0.69936, 0.69704
Resistance: 0.7015, 0.70223, 0.70361
What it said to watch
H1 close above the 0.7022 lower high and trendline invalidates the Thursday pullback read, with the 0.7036 week high next above
Sustained break of the 0.7000 round number and the Thursday low at 0.6994 confirms the double top and exposes the Tuesday low near 0.6970
Australian flash PMIs (22:00 UTC) and the Bullock speech (Fri 10:00 UTC) could materially shift this read
US S&P PMIs (Fri 13:45 UTC): a hot services print would add pressure on the 0.7000 round number
Higher highs into 0.7036, now testing the 38.2% retrace.
Since Monday's gap-up open near 0.6964, the pair built higher lows from the Tue low at 0.6970. Tuesday's NY-session push through 0.7000 followed the weak US housing data, and the rally ran on into the 0.7036 week high on RBA hike repricing. That week high capped three tests before Thursday's Asia-session drop broke the rising support line, and Middle East risk-off then drove a London-hours dip below psych 0.7000 to a 0.6994 swing low, which was reclaimed. Price now sits on the 38.2% retracement near 0.7011, below the ema20 at 0.7016 and flat against EMA(50), with RSI(14) back near 41 and the London high at 0.7022 marking the lower high.
Support: 0.7000, 0.6994, 0.6970
Resistance: 0.7016, 0.7022, 0.7036
What it said to watch
H1 close below the 0.6994 swing low breaks the 61.8% retrace and confirms a lower low toward the Tue low at 0.6970
Recovery above the ema20 and the 0.7022 london high would neutralise the lower-high sequence and reopen the 0.7036 week high
Holding psych 0.7000 after the false break keeps the pullback shallow inside the weekly uptrend
Australian Flash PMIs at 22:00 UTC and Bullock Fri 10:00 UTC could materially shift this read via RBA hike pricing
US S&P PMIs and UoM inflation expectations Fri 13:45–14:00 UTC are the USD-side risk to the structure
Lower highs from 0.7036 week high; 0.7000 holding as floor.
AUDUSD climbed from the 0.6964 weekly open and cleared the 0.7000 psych level in Tuesday's NY session as soft US housing data weighed on USD. It then reached 0.7036 in Wednesday's London session after Hauser's hawkish RBA warning. Thursday's Asia retest of the week high failed, forming a double top and a run of lower highs. The London dip to Thursday's low at 0.6994, driven by Middle East risk-off, briefly breached 0.7000 near the 61.8% fib of the week's rally before price reclaimed the level. Price now sits below EMA(20) near 0.7016 with RSI(14) around 40.
Support: 0.7000, 0.6994, 0.6970
Resistance: 0.7016, 0.7036
What it said to watch
H1 close below Thursday's low at 0.6994 turns the false break into a breakdown and exposes Tuesday's low at 0.6970
Close back above EMA(20) at 0.7016 and the lower-highs trendline weakens the pullback read, with the 0.7036 week high the next reference
Australian Flash PMIs at 22:00 UTC and RBA's Bullock on Friday could shift the read around the 0.7000 psych level
US S&P PMIs Fri 13:45 UTC and Middle East headlines remain the USD-side risk to the 0.7000 floor
Cap at 0.7036, Wednesday lows broken, holding 0.7000.
AUDUSD gapped higher at Monday's open and climbed through the week. Tuesday's NY session pushed it through 0.7000 after soft US housing data, and Wednesday's London leg stalled at the 0.7036 week high, which was retested and rejected in Thursday's Asia session. The Asia slide on Middle East risk-off broke Wednesday's lows and set a lower-highs sequence, and London's dip to the 0.6994 day low met demand near the round number and the 38.2% retracement of the week rally. Price now sits below EMA(20) near 0.7017 and below EMA(50), with RSI(14) cooled to around 41.
Support: 0.7000, 0.6994, 0.6970
Resistance: 0.7017, 0.7036
What it said to watch
An H1 close below the 0.6994 day low and 0.7000 round number would extend the pullback toward the 0.6970 Tuesday low
A recovery above the ema20 at 0.7017 and the lower-highs line would neutralise the double top read
A close above the 0.7036 week high would resume the weekly uptrend
US Initial Jobless Claims at 12:30 UTC today could shift USD tone within the next few bars
Australian Flash PMIs at 22:00 UTC and Bullock on Friday could reprice RBA hike odds and test the 0.7000 handle
11:04 UTC
Uptrend stalling, rolling over below 0.7036 · RSI 43 · price 0.70085
Higher lows since Monday broken; lower low at 0.7007 under a 0.7036 cap.
From Monday's 0.6964 open the pair climbed for four days. Tuesday's NY session cleared 0.7000, and Wednesday's Hauser-driven RBA repricing extended the move to the 0.7036 week high. Thursday's Asia session was rejected at that high again with RSI(14) near 59 versus about 74 on Wednesday's test, a bearish divergence, and the drop through Wednesday's 0.7018 prior floor broke the rising trendline. Price now sits below EMA(20) at 0.7017 and EMA(50) at 0.7012, with London holding the 0.7007 Thursday low as Middle East risk-off offsets a soft USD.
Support: 0.7007, 0.7000, 0.6995
Resistance: 0.7012, 0.7018, 0.7036
What it said to watch
Hourly close below the 0.7007 Thursday low and the 0.7000 round number exposes the 0.6995 Tuesday low and the 38.2% fib near 0.7003
Recovery back above the 0.7018 prior floor and EMA(20) would neutralise the rising trendline break and put the 0.7036 week high back in focus
Holding below EMA(50) at 0.7012 keeps the lower-high sequence from the week high intact
US jobless claims at 12:30 UTC and Australian flash PMIs at 22:00 UTC could materially shift this read
09:03 UTC
Uptrend stalling, rolling over from the week high · RSI 44 · price 0.70134
Triple top at 0.7036, neckline 0.7018 broken, rising lows intact.
AUD/USD has climbed from Monday's 0.6950 week-open low. The decisive leg came in Tuesday's NY session after the US housing misses, and the hawkish RBA repricing carried price to a week high near 0.7036. That level capped three tests through Wednesday into Thursday's open. Today's Asia session broke the 0.7018 neckline to an asia low at 0.7007 as US-Iran headlines briefly bid the USD, leaving price below EMA(20) with RSI(14) at 44 but still resting on the week's rising lows line.
Support: 0.7007, 0.7000, 0.6995
Resistance: 0.7019, 0.7036
What it said to watch
H1 close below the 0.7007 asia low and the rising lows line confirms the triple top and exposes the 0.7000 psych / 38.2% fib zone
Failure to hold 0.7000 opens the Tue low at 0.6995 and the 50% retracement near 0.6993
H1 close back above the 0.7019 neckline negates the top and reopens the 0.7036 week high
US Initial Jobless Claims at 12:30 UTC and AU flash PMIs at 22:00 UTC could materially shift this read
Higher-low sequence broken below 0.7009; capped at 0.7035, ranging 0.7007–0.7019.
AUDUSD stair-stepped higher from Tuesday's 0.6970 low after a weekly-open gap up. Tuesday's NY-session break of 0.7000 came after the US housing misses, and Wednesday's London push to 0.7035 followed the hawkish RBA repricing. Four tests of the 0.7036 week high since Wednesday drew rejection, and Thursday's Asia-session slide on Iran risk-off broke the rising trendline and Wednesday's 0.7009 low. Price now sits below EMA(20) at 0.7019, on the 38.2% fib of the Tuesday-to-week-high leg and just under EMA(50), with RSI(14) back at 46 from the 60s.
Support: 0.7007, 0.7000, 0.69947
Resistance: 0.70187, 0.70361
What it said to watch
H1 close below the 0.7007 asia low and the 0.7000 psych handle exposes the 0.6995 tue ny low and the 61.8% fib
Recovery above EMA(20) near 0.7019 would reopen the 0.7036 week high; a close above it breaks the cap
US Initial Jobless Claims (12:30 UTC) and AU flash PMIs (22:00 UTC) today could materially shift this read
RBA Governor Bullock speaks Oct 23, 10:00 UTC; a tone shift on hike pricing could move the pair
Higher lows since Monday; 0.7007–0.7036 range under the week high.
The week's impulse ran from Monday's 0.6950 low to a 0.7036 week high. The break of 0.7000 came in Tuesday's NY session after the US housing misses, and Hauser's hawkish RBA remarks fuelled Wednesday's London push. Supply has capped three tests of the 0.7035 area, with rejection each time. Thursday's Asia low at 0.7007 came on Iran-driven risk-off and tagged the rising trendline from Monday. That leaves price just under the ema20 near 0.7020 but above EMA(50), with RSI(14) cooling to the low 40s.
Support: 0.7007, 0.7000, 0.69643
Resistance: 0.70204, 0.70361
What it said to watch
An H1 close back above the ema20 near 0.7020 would put the 0.7036 week high back in play; a close above it breaks the three-test cap
Failure to hold the 0.7007 asia low breaks the rising trendline and confirms a lower low, exposing the round number 0.7000 and the 38.2% of the week's impulse near 0.7003
Below 0.7000, the weekly open at 0.6964 is the next structural reference
US Initial Jobless Claims at 12:30 UTC today and AU flash PMIs at 22:00 UTC could materially shift this read
HH/HL sequence since Monday's gap-up; triple test of 0.7035 rejected, neckline 0.7018 broken.
The week opened with a gap up to the 0.6964 weekly open. Higher lows followed, and Tuesday's NY-session leg on the US housing starts miss carried the pair through 0.70. Hawkish RBA rhetoric then lifted it to the 0.7036 week high on Wednesday. That high has now capped three attempts, and Thursday's Asia session slipped to the 0.7007 asia low on Iran-related risk-off, breaking the higher-lows line and the 0.7018 neckline. Price now sits below EMA(20) near 0.7021, just above EMA(50) around 0.7013, with RSI(14) back at 41 from the 60s.
Support: 0.7007, 0.7000, 0.6964
Resistance: 0.7018, 0.7036
What it said to watch
H1 close back above the 0.7018 neckline and EMA(20) negates the double top read and puts the 0.7036 week high back in play
Failure to hold the 0.7007 asia low and the 0.7000 round number confirms a lower low; that zone also matches the 38.2% fib of the week rally
Acceptance below 0.7000 opens the path toward the 0.6964 weekly open
US Initial Jobless Claims at 12:30 UTC today and AU flash PMIs at 22:00 UTC could materially shift this read
RBA Gov. Bullock speaks Oct 23 at 10:00 UTC; a hawkish or non-committal tone is the next catalyst for the 0.70 handle
Week high capped three times at 0.7036; Thursday Asia low broke Wednesday's 0.7018 floor.
AUD has rallied from the 0.6964 weekly open after Friday's 0.6943 close. The break of the 0.70 psych handle came in Tuesday's NY session, as the RBA hawkish repricing took over from the China GDP beat. Since Wednesday's London session the week high at 0.7036 has seen three rejections, the last in early Asia today, and Iran-driven USD demand then pulled price to an Asia low of 0.7007. That low sits just above the 38.2% week fib near 0.7003 and EMA(50) near 0.7010. Price is back below the EMA20 near 0.7021, with RSI(14) parked near 49, and the higher-low sequence has stalled into a 0.7007–0.7036 range.
Support: 0.7007, 0.7000, 0.6964
Resistance: 0.7021, 0.7036
What it said to watch
H1 close back above the ema20 near 0.7021 would restore the range-top test toward the 0.7036 week high
H1 close above the 0.7036 week high breaks the three-test cap and resumes the rally structure
Failure to hold the 0.7007 asia low and 0.70 psych exposes the 50% week fib near 0.6993, then the 0.6964 weekly open
US Initial Jobless Claims at 12:30 UTC and Iran headlines could shift USD demand
Australian Flash PMIs at 22:00 UTC and the Bullock speech at 10:00 UTC tomorrow could materially move this read
04:04 UTC
Uptrend stalling, rolling over from week high · RSI 45 · price 0.70121
Higher-low sequence broken; double top at 0.7036 with 0.7018 neckline lost.
AUDUSD gapped up at the weekly open and climbed through the week. The NY open on Tuesday drove the break above 0.7000, and Wednesday's London session pushed to a 0.7036 week high as Hauser's hawkish RBA remarks lifted November hike odds. A second test of the week high in Thursday's Asia session met rejection as Iran tensions revived safe-haven USD demand, completing a double top as RSI(14) slipped from 73 to 58 between the two peaks. Price has since broken the higher-lows trendline, the 0.7018 neckline and EMA(20), and now sits on EMA(50) near 0.7012, just above the 0.7007 asia low and the 38.2% retracement of the week impulse at 0.7003.
Support: 0.7007, 0.7000, 0.6983
Resistance: 0.7018, 0.7036
What it said to watch
H1 close below the 0.7000 psych handle and the 0.7003 week impulse 38.2% exposes the 0.6983 tue low
Recovery back above the 0.7018 neckline and EMA(20) near 0.7021 would undercut the double top read
A push through the 0.7036 week high reinstates the higher-highs structure
US jobless claims 12:30 UTC, Australian flash PMIs 22:00 UTC and Bullock's speech at 10:00 UTC Oct 23 could materially shift this read
Higher lows since Monday; range 0.7018–0.7036 testing its base.
AUDUSD has printed higher lows since Monday's 0.6964 open. The NY session on Tuesday drove the break through the 0.70 round number as hawkish RBA repricing and soft US housing data weighed on the USD. Wednesday's push to the 0.7036 week high has since stalled into a range, and an Asia session rejection from 0.7036 took price back below the ema20 to a 0.7012 session low that sits on the higher-low trendline and EMA(50), with RSI(14) cooling to the mid-40s from the 60s.
Support: 0.70123, 0.7000
Resistance: 0.7024, 0.7036
What it said to watch
An H1 close below the 0.7012 session low and the higher-low trendline breaks the week's rising-low sequence
Below that, the 0.7000 round number sits near the 38.2% retracement of the week's rally
Reclaiming the ema20 near 0.7024 and closing above the 0.7036 week high would resume the uptrend
US jobless claims (12:30 UTC) and AU Flash PMIs (22:00 UTC) could materially shift this read
Higher highs since Monday's open; triple top at 0.7036 with the 0.7018 range floor giving way.
AUD/USD has climbed from the 0.6964 weekly open on the hawkish RBA repricing. It broke 0.7000 in Tuesday's NY session and extended to 0.7036 by Wednesday London. The week high has since capped three attempts, and Thursday's Asia session rejection there pushed price through the 0.7018 range floor to a 0.7014 session low, below EMA(20) near 0.7023, with RSI(14) slipping to ~42.
Support: 0.70144, 0.7000, 0.69704
Resistance: 0.7018, 0.7023, 0.70361
What it said to watch
Hourly close back above the 0.7018 range floor would neutralise the break and restore the 0.7018–0.7036 range read
Failure to hold the 0.7014 session low exposes the 0.7000 psych level, near the 50% fib of the Tuesday low–week high move
A break of the 0.6970 Tuesday low would mark the first lower-low of the week
Clearance of the 0.7036 week high invalidates the triple top read
US jobless claims (12:30 UTC) and AU flash PMIs (22:00 UTC) could materially shift this read
Higher lows since Tuesday Asia; tight range under 0.7036 since Wednesday London.
AUD/USD has climbed from the 0.6950 weekly low after Sunday's gap higher. Tuesday's London open and NY session drove the break through 0.7000, and a rising trendline off Tuesday's low at 0.6970 has held since, with Hauser's hawkish remarks lifting RBA hike odds toward 60%. Since Wednesday's London session, price has compressed between the 0.7036 week high (range top, capped five times) and a 0.7018 range floor, with RSI(14) flattening near 54 and price hugging EMA(20); below, the 0.7000 round number aligns with the 38.2% level of the weekly impulse fib.
Support: 0.7018, 0.7000, 0.6970
Resistance: 0.7036
What it said to watch
H1 close above the 0.7036 week high ends the consolidation and extends the uptrend
Break of the 0.7018 range floor and the rising trendline exposes the 0.7000 round number
Failure to hold 0.7000 puts the 0.6970 tuesday low back in play and signals a deeper retracement of the weekly impulse
AU Flash PMIs at 22:00 UTC, US jobless claims at 12:30 UTC and Bullock on Oct 23 could materially shift this read
Higher lows since Monday, now a tight 0.7018–0.7036 range under the week high.
AUD/USD has printed higher lows since gapping up to a 0.6964 weekly open. Tuesday's NY session drove the break through 0.7000, as soft US housing data compounded hawkish RBA repricing. Since Wednesday's London push to the 0.7036 week high, price has ranged 0.7018–0.7036 just above EMA(20) near 0.7024 and the rising support line, while RSI(14) has eased from the mid-70s to around 59 on flat highs; the 38.2% retracement of the weekly rally sits at 0.7003, near the round number.
Support: 0.7024, 0.70181, 0.7000
Resistance: 0.70356, 0.7050
What it said to watch
H1 close above the 0.7036 week high resumes the uptrend and opens the path to the 0.7050 round number
Break below the 0.7018 range low and rising support undercuts the higher-low sequence, exposing the 0.7000 round number and the 38.2% weekly rally retracement
US jobless claims (Thu 12:30 UTC) and AU flash PMIs (Thu 22:00 UTC) could shift this read ahead of Bullock on Fri 10:00 UTC