AUD/USD chart - Trading View
AUD/USD was trading 0.16% higher on the day at 0.7738 at around 04:15 GMT, outlook neutral.
The Australian dollar remains depressed on mixed Australia jobs and cautious market mood.
Data released earlier on Thursday showed Australia’s headline Employment Change missed forecasts with -30.6K versus +15K forecast and 70.7K prior.
However, the Unemployment rate printed at 5.5% level beating expectations at 5.6% and similar previous readouts.
Further, Australia Consumer Inflation Expectations for May eased below 3.6% market consensus to 3.5%, versus 3.2% prior.
Also, the People’s Bank of China (PBOC) matched the wide market forecast and kept its benchmark rate at 3.85%. The five-year LPR was also left unchanged at 4.65% in May.
Major Support Levels:
S1: 0.7725 (55-EMA)
S2: 0.7687 (Lower BB)
S3: 0.7651 (110-EMA)
Major Resistance Levels:
R1: 0.7753 (21-EMA)
R2: 0.7769 (Cloud top)
R3: 0.7844 (Upper BB)
Summary: AUD/USD was trading rangebound between 21 and 55-EMAs. Daily trend as evidenced by GMMA indicator is neutral. That said, major trend on the weekly charts is bullish. Bounce off 55-EMA will see upside resumption. However, break below 55-EMA finds next major support at 110-EMA at 0.7651. Violation at 110-EMA will change near-term dynamics.


Major Forex Pairs Action Bias: GBPUSD and AUDUSD Turn Extremely Bearish
FxWirePro: GBP/AUD gains some upside momentum but still bearish
AUDJPY Weakness Deepens: Sell Rallies Toward 112 as Aussie Dollar Falters
EURUSD Spikes to 1.14306 on Fed Pause as Traders Eye Sell-the-Rally Setup
FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption
FxWirePro: USD/CAD slips after Fed holds rates steady
FxWirePro: AUD/USD falls after softer-than-expected Australian Q2 CPI
NZD/JPY Flatlines Near 94.60: Will Key Support Reignite the Uptrend?
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/NZD maintains bersish bias with focus on 2.2900 level
EUR/JPY Holds Bullish Bias as Euro Extends Recovery
FxWirePro: EUR/ AUD gains some ground , but remains on bearish path
Crypto Action Bias: ETHUSD Stands Out as the Bullish Pair to Watch
FxWirePro: GBP/USD edges higher as traders await BoE guidance and UK fiscal clarity 



