AUD/USD Price Forecast: Tests nine-day EMA barrier near 0.6950
AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending channel pattern, suggesting a prevailing bearish bias.
  • AUD/USD may decline toward a nearly six-month low of 0.6833.
  • The 14-day Relative Strength Index around 40 signals the asset remains under bearish pressure.
  • The pair is testing the immediate barrier at the nine-day EMA of 0.6932.

AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending channel pattern, suggesting a prevailing bearish bias.

The AUD/USD pair is holding a bearish near-term bias as it remains under both the nine-day and 50-day Exponential Moving Averages (EMAs). The pair is attempting to stabilise after recent losses, but the 14-day Relative Strength Index (RSI) around 40 suggests only modest recovery momentum, hinting that any rebound may stay capped while price trades below these clustered moving-average barriers.

The AUD/USD pair may fall toward a nearly six-month low of 0.6833, recorded on March 30. Further declines would expose the lower boundary of the descending channel around 0.6770.

On the upside, the AUD/USD is testing the immediate barrier at the nine-day EMA of 0.6932, followed by the upper boundary of the descending channel around 0.6960. A break above the channel would cause a bullish emergence and support the pair to test the 50-day EMA of 0.7011.

Chart Analysis AUD/USD
AUD/USD: Daily Chart

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

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 US Dollar.

USD EUR GBP JPY CAD AUD NZD CHF
USD -0.11% -0.10% -0.13% -0.18% -0.17% -0.75% -0.16%
EUR 0.11% 0.00% 0.00% -0.07% -0.07% -0.63% -0.05%
GBP 0.10% -0.00% 0.00% -0.06% -0.05% -0.64% -0.05%
JPY 0.13% 0.00% 0.00% -0.06% -0.07% -0.65% -0.07%
CAD 0.18% 0.07% 0.06% 0.06% -0.01% -0.57% 0.01%
AUD 0.17% 0.07% 0.05% 0.07% 0.00% -0.57% 0.03%
NZD 0.75% 0.63% 0.64% 0.65% 0.57% 0.57% 0.59%
CHF 0.16% 0.05% 0.05% 0.07% -0.01% -0.03% -0.59%

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).

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LIVE QUOTES

Name / Symbol
Chart
% Change / Price
GBPUSD
1 D change
+0%
0
EURUSD
1 D change
+0%
0
USDJPY
1 D change
+0%
0

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