AUD/USD chart - Trading View
AUD/USD fails at 55-EMA resistance, extends weakness for the 2nd straight session.
The pair is set to extend weakness as bulls unable to break stiff resistance at 55-EMA and daily cloud.
Major trend is neutral and minor trend is turning bearish as evidenced by GMMA indicator.
Parabolic SAR now supports weakness. Stochastics RSI has rolled over from overbought levels.
The pair finds strong support at 21-EMA at 0.6263. Break below will see further weakness.
Next major support lies at 20-DMA at 0.6212 ahead of 38.2% Fib at 0.6098 and then 0.5980 (Apr 3rd low).
55-EMA is major resistance at 0.6359. Breakout above negates any bearish bias.
Support levels - 0.6263 (21-EMA), 0.6098 (38.2% Fib), 0.5980 (Apr 3rd low)
Resistance levels - 0.6359 (55-EMA), 0.6455 (61.8% Fib), 0.6515 (110-EMA)


FxWirePro- Woodies Pivot(Major)
Bitcoin's Tug-of-War: Bulls Eye 80,000 USD Despite Turbulent ETF Outflows
Aussie Ascent: AUDJPY Charges Toward 112 as Bullish Momentum Hits Five-Day High
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Geopolitical Shocks That Could Reshape Financial Markets in 2025
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Kiwi Under Pressure: NZDJPY Signals Bearish Turn as Resistance at 92.00 Holds Firm
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
Stock Futures Dip as Investors Await Key Payrolls Data
FxWirePro: USD/CNY drifts lower, vulnerable to more downside
FxWirePro- Major European Indices
US Gas Market Poised for Supercycle: Bernstein Analysts 



