AUD/USD AI Live Scan, 1-hour chart, Monday, 3 August 2026
Every read JAFX AI made on the AUD/USD 1-hour chart that day, newest first: trend, structure, the levels it marked and what it said to watch.
23:02 UTC
Rolled over from weekly high, range-bound · RSI 43 · price 0.69991
0.7000-0.7050 range, faded off the top.
AUDUSD pushed through Tuesday's session to 0.7050, where the 100-day SMA capped the move, then faded steadily back to the 0.7000 handle into the Asia session where it has flatlined. Price sits below both EMA20 and EMA50 with RSI(14) recovering off the low 40s as the slide stalls. The week's tone has been two-way: soft CPI ruled out an August RBA hike while a firm US ISM print kept the dollar bid, leaving the pair pinned to the 0.7000-0.7050 band.
Support: 0.7000, 0.69834, 0.69693
Resistance: 0.70454, 0.70497, 0.7050
What it said to watch
H1 close below 0.7000 opens the path toward 0.69834 then the weekly open
Reclaim of 0.70454 needed to re-test the 0.70497 weekly high / 100-day sma
Services PMI (Tue 23:00 UTC) could break this consolidation
Supply capped the week's rally near 0.70497 (the 100-day SMA zone) and price has ground lower into the 0.7000 handle, trading below EMA20 and EMA50 since the NY session yesterday. The last several bars have stalled flat around 0.6999 through the Asia session, with RSI(14) hovering in the low-40s after the slide. Soft China PMI and a firmer USD off its 6-week low framed the drift back to the psychological figure.
Support: 0.69834, 0.6946
Resistance: 0.7000, 0.7010, 0.70497
What it said to watch
Hourly close below 0.69834 confirms a lower low
Reclaim of 0.7000 and EMA20 near 0.7010 reopens the 0.70497 cap
S&P Global Services PMI (Tue 23:00 UTC) could shift this read
22:02 UTC
Downtrend since Thursday's high · RSI 39 · price 0.69974
Lower highs, consolidating sub-0.7000.
AUDUSD was rejected near the 0.7050 100-day SMA cap into Thursday's session and has ground lower since, carving lower highs and sliding to a 0.6983 swing low. Price now consolidates just under the 0.7000 psych level with RSI sub-40 and trading below EMA20, as soft China PMIs and a firmer USD offset firm domestic data this week. The 0.7000 handle has flipped to a near-term pivot after Friday's slippage.
Support: 0.69834
Resistance: 0.7000, 0.70083, 0.70497
What it said to watch
H1 close back above 0.70083 lower high would ease the downside pressure
Failure to hold 0.6983 confirms continuation lower toward the 0.6980s
S&P Global Services PMI (Tue 23:00 UTC) could shift this range read
22:02 UTC
Pullback after weekly-high rejection · RSI 43 · price 0.69974
Lower highs rolling off 0.7050 into 0.7000.
AUDUSD twice stalled near 0.7045-0.7050, the 100-day SMA rejection zone, then rolled over through the back half of the week as the USD rebounded from a six-week low and China's PMI eased. Price now sits on the 0.7000 psych handle below both EMAs with RSI(14) cycling in the low-40s, tracing lower highs off the peak. Sellers have capped every bounce since the double top around 0.7045.
Support: 0.7000, 0.69834, 0.69235
Resistance: 0.7045, 0.70495
What it said to watch
Hourly close below 0.7000 confirms a lower low toward 0.6983
Reclaim of 0.7050 needed to reopen the week's highs
AUD Services PMI (Tue 23:00 UTC) and Thu Trade Balance could shift this read
21:03 UTC
Pullback from week highs · RSI 44 · price 0.69999
Rejection at 0.7050, sliding to 0.7000.
AUDUSD ran up through Thursday's NY session to tag 0.7050 — the 100-day SMA cap flagged in context — and was rejected, unwinding back to the 0.7000 psychological handle where it now hovers. Price has slipped below EMA20 with RSI(14) mid-40s as the week's rally stalls; the 0.7000-0.7050 range described in the macro read is holding, with the lower half now in play. Soft China PMI and a firmer USD have kept upside attempts capped.
Support: 0.7000, 0.69834, 0.69219
Resistance: 0.7012, 0.70497, 0.7050
What it said to watch
H1 close below 0.7000 opens the path toward 0.69834 session low
Reclaim of EMA20 near 0.7012 would ease the pullback read
AUD Services PMI (Tue 23:00 UTC) could shift this range read
Failure to hold 0.7000 confirms loss of the week's floor
Lower highs since yesterday's NY session, testing 0.7000.
AUDUSD rallied to the 0.7050 100-day SMA zone earlier this week but was rejected, then rolled over through yesterday's NY session and is now grinding along the 0.7000 psychological handle. Price sits below both EMA20 and EMA50 after the lower-highs sequence, with RSI(14) hovering in the low-40s. The soft Q2 CPI print (3.8% vs 4%) that killed August RBA hike bets, plus a firmer USD after the ISM Manufacturing beat, frame the offered tone.
Support: 0.7000, 0.69834, 0.6970
Resistance: 0.7005, 0.70442, 0.7050
What it said to watch
Sustained H1 close below 0.69834 confirms a lower-low and opens 0.6970
Reclaim of 0.70050 would neutralise the lower-high structure
AU Services PMI (Tue 23:00 UTC) and Thu Trade Balance could shift this read
20:02 UTC
Uptrend faded, pulling back · RSI 43 · price 0.6999
Lower highs off the week's peak.
AUD/USD extended toward 0.7050 into midweek but was capped at the 100-day SMA as the USD firmed on the ISM Manufacturing beat; the back half of the week has printed a steady sequence of lower highs from the 0.70495 peak. Price is now pressing the 0.7000 psychological level with RSI(14) cycling in the low 40s. The 0.6983 swing low is holding for now after a small bounce into the last few bars.
Support: 0.69834, 0.69219
Resistance: 0.7000, 0.70495, 0.7050
What it said to watch
H1 close back above 0.7000 reopens the 0.7044 week high
Loss of 0.6983 confirms a lower low toward 0.6946
Break of 0.7050 100-day SMA needed to extend the rally
AUD/USD pushed to a fresh multi-week high near 0.7050 but was rejected at the 100-day SMA cap, and has ground lower through the NY session with price now back below EMA20 and testing 0.6990. The rally lost momentum into that ceiling as the USD firmed on the strong ISM Manufacturing beat, and RSI(14) has slipped into the low-40s while price posted lower highs beneath 0.7040. Demand around 0.6983 has held the session low so far.
Support: 0.6983, 0.6946, 0.6922
Resistance: 0.7040, 0.7050
What it said to watch
H1 close back above 0.7040 reopens the 0.7050 100-day SMA cap
Failure to hold 0.6983 confirms a lower-low toward 0.6946
AUD Trade Balance Thu 01:30 UTC could shift this read
AUDUSD climbed through the week toward 0.7050 on broad USD softness after slower US Q2 GDP, but the 100-day SMA cap near 0.7050 rejected two attempts and price has since rolled back under 0.7000. The advance came despite soft Australian Q2 CPI (3.8% vs 4%) fading RBA hike bets, so the move leaned on the dollar leg rather than domestic rates. Price now sits below EMA(20)/EMA(50) with RSI(14) cycling down toward 40 as the 0.7025 dip-buy region flips to overhead supply.
Support: 0.6983, 0.6946
Resistance: 0.7025, 0.7050
What it said to watch
Clean H1 close above 0.7050 needed to extend the rally past the 100-day SMA cap
Failure to hold 0.6983 session low opens the path toward 0.6946
Reclaim of 0.7025 dip-buy flip would neutralise the pullback
US ADP + ISM Services (Wed) could materially shift this read
AUDUSD stalled at the 0.7050 100-day SMA (week high 0.70497) and has been grinding lower since Monday, slipping back below the 0.70397 weekly open as the USD firmed on a strong ISM Manufacturing beat. Price now presses the 0.70 psych level with RSI(14) cycling in the low 40s and price under EMA20; the session low sits at 0.69834 beneath.
Support: 0.7000, 0.69834
Resistance: 0.70358, 0.70397, 0.70497
What it said to watch
Break of session low 0.69834 confirms a lower low
Close back above the 0.70397 weekly open reopens the week high
AUD Trade Balance Thu 01:30 UTC could shift this read
18:02 UTC
Pullback from weekly high, momentum down · RSI 41 · price 0.69919
Lower highs off 0.7050 rejection.
AUDUSD pushed to a fresh weekly high near 0.7050 early in the new week but was rejected at the 100-day SMA cap as the USD firmed on hawkish Fed pricing. Price has since carved lower highs back through the 0.7000 psych level and into the NY session, with RSI(14) below 50 and price under both EMA(20) and EMA(50). The 0.6983 session low is the near-term pivot after a 50%+ retrace of the week's advance.
Support: 0.6983, 0.6970, 0.6946
Resistance: 0.7000, 0.7050
What it said to watch
H1 close below 0.6983 confirms a lower low and extends the pullback
Reclaim of 0.7000 psych needed to re-engage the 0.7050 cap
US ADP + ISM Services Wed 12:15/14:00 UTC could materially shift this read
18:02 UTC
Pullback after rejection at range top · RSI 38 · price 0.69919
Lower highs off 0.7050, retracing weekly impulse.
AUDUSD stalled twice into 0.7044-0.7050, the 100-day SMA cap flagged in the AUD read, and has slid back through the NY session to trade sub-EMA20. Price broke below the 0.7000 round number with RSI(14) around 38, so the weekly impulse from 0.6922 is now retracing near its midpoint. Move is a USD-recovery story after the ISM Manufacturing beat rather than a domestic AUD shift.
Support: 0.7000, 0.69834
Resistance: 0.7008, 0.70442, 0.7050
What it said to watch
Hourly close back above 0.7000 would neutralise the pullback read
Loss of 0.69834 swing low confirms a lower low
US ADP and ISM Services Wed could reprice USD and shift this read
17:03 UTC
Pullback from weekly high · RSI 41 · price 0.69951
Lower highs off 0.7050 top.
AUDUSD climbed toward the 0.70497 weekly high on broad USD softness before rejection at the 100-day SMA near 0.7050 capped the rally. Since then price has printed lower highs and slipped back under EMA20/EMA50, now probing the 0.7000 psych pivot with RSI(14) rolling toward 40. Below sits the 0.69834 session low, with the earlier 0.6946 swing low the next reference.
Support: 0.69834, 0.6946
Resistance: 0.7000, 0.70497
What it said to watch
H1 close back above 0.7000 psych and EMA20 would neutralise the pullback read
Break below 0.69834 session low confirms a lower low
The rally off Wednesday's 0.6924 week low ran to 0.7050 and was rejected at the 100-day SMA cap flagged in the macro read, an upside driven more by broad USD softness than RBA repricing after the soft Q2 CPI. Since that peak price has ground lower through the NY session, slipping back under the 0.7000 round number to the session low near 0.6983, with RSI(14) cycling down toward 40 and price now below EMA20 and EMA50. Lower highs are stacking since the 0.7050 rejection.
Support: 0.6983, 0.7000, 0.6924
Resistance: 0.7050, 0.7044
What it said to watch
Reclaim of 0.7000 and EMA20 would neutralise the pullback read
Sustained trade below 0.6983 session low opens a retest of 0.6924
A clean break of 0.7050 100-day SMA needed to extend the week's rally
US ADP + ISM Services Wed could materially shift this read
16:02 UTC
Pullback from week high, momentum down · RSI 40 · price 0.69985
Lower highs since 0.7050 rejection.
AUDUSD rolled over after Tuesday's push into 0.7050 (100-day SMA) was rejected, printing a week high at 0.70495 before a steady leg of lower highs dragged price back under EMA20 and EMA50. It is now testing the 0.7000 psych level with RSI(14) mid-40s; the soft Q2 CPI cooled RBA hike bets while a firm USD on the ISM beat has capped rally attempts. The 0.69834 session low is the near pivot for whether the pullback extends.
Support: 0.69834, 0.6946, 0.69219
Resistance: 0.7000, 0.70495, 0.7050
What it said to watch
H1 close below 0.69834 confirms a lower low toward 0.6946
Reclaim of 0.7000 needed to re-engage the 0.7050 SMA zone
Thu Trade Balance (f/c -1100M) could shift this read
16:02 UTC
Uptrend stalling, pulling back · RSI 42 · price 0.69985
Lower highs off 0.7050 into midweek retrace.
AUDUSD ran from the 0.6920 midweek low to 0.70495 before the 100-day SMA near 0.7050 capped the rally, matching the digest's repeated-rejection read. Price has since traced lower highs and slipped back under EMA20/EMA50 toward the 0.6987 (50% fib) zone, with demand stepping in twice around 0.6983. RSI(14) has cooled to the low 40s as the week's up-leg loses momentum.
Support: 0.69834, 0.6987, 0.6950
Resistance: 0.7037, 0.70495
What it said to watch
H1 close below 0.6983 confirms a lower low, opening the 0.6950 swing low
Reclaim of 0.7037 needed to re-engage the 0.7050 SMA rejection zone
S&P Global Services PMI (Tue 23:00 UTC) and US ADP Wed could reset this read
15:02 UTC
Pullback within this-week range · RSI 42 · price 0.69976
Lower highs off week high, retracing impulse.
AUDUSD rallied through the week from the 0.6924 low to a 0.70497 high but was rejected twice near 0.7044/0.7050 — the 100-day SMA the digest flags — and has bled lower since, slipping under EMA(20) into the NY session toward the 0.7000 handle. Soft Q2 CPI (3.8% vs 4%) cooled August RBA hike bets, capping the advance while USD firmness on the ISM beat added pressure. RSI(14) has cooled to the low 40s as price now tests 0.7000, with the 0.69834 session low the immediate floor.
Support: 0.69834, 0.6946, 0.69235
Resistance: 0.7000, 0.7037, 0.70497
What it said to watch
H1 close below 0.69834 confirms a lower low and extends the pullback
Reclaim of 0.70370 needed to re-engage the 0.7050 week-high zone
ADP + ISM Services (Wed) and Trade Balance (Thu) could materially shift this read
15:02 UTC
Pullback within up-week, H1 momentum down · RSI 36 · price 0.69976
Lower highs off 0.7050, testing 0.6983.
AUDUSD ran into the 0.7050 100-day SMA repeatedly this week and has since bled lower through the NY session, now trading back under the 0.7040 weekly open with RSI(14) around 36. The soft Q2 CPI print earlier cooled RBA hike bets, and the retreat has dragged price below both H1 EMAs after two days of holding above them. The 0.6983 session low is the immediate floor being probed.
Support: 0.6983, 0.6946
Resistance: 0.7040, 0.7050
What it said to watch
H1 close below 0.6983 confirms a lower low, opening 0.6946
Reclaim of the 0.7040 weekly open needed to neutralise the down leg
Trade Balance (Thu 01:30 UTC) and Services PMI could shift this read
14:02 UTC
Range top rejected, easing lower · RSI 36 · price 0.69901
Lower highs since yesterday's NY high.
AUDUSD stalled at the 0.7050 100-day SMA into yesterday's NY session and has since ground lower through the 0.7000 round number, printing a sequence of lower highs. The soft Q2 CPI that faded RBA hike bets and a firmer USD off its 1.5-month low have capped the week's grind higher, with RSI(14) rolling toward 36 as price sits below both EMA20 and EMA50. The 0.69834 session low is the immediate floor being tested.
Support: 0.69834, 0.6960
Resistance: 0.7003, 0.7035, 0.7050
What it said to watch
Failure to hold 0.69834 opens the 0.6960 swing low
H1 close back above 0.7035 reopens the 0.7050 rejection zone
US ISM Manufacturing at 14:00 UTC could materially shift this read
AUD/USD rejected the 0.7050 100-day SMA into the NY session and has since ground lower, slipping under the 0.7025 pivot and now probing the 0.7000 psych level. The week's climb off 0.6923 stalled as a weak China PMI and a firmer USD capped rallies; price now sits below both EMA20 and EMA50 with RSI(14) sagging toward oversold. The 0.7025 pivot has flipped from support to overhead as lower highs stack up.
Support: 0.69958, 0.6970, 0.6946
Resistance: 0.7000, 0.7025, 0.7050
What it said to watch
Hourly close back above 0.7025 pivot negates the lower-high sequence
Failure to hold 0.7000 psych exposes the 0.6970 prior low
US ISM Manufacturing (14:00 UTC) could accelerate this USD-led move
13:03 UTC
Downtrend, pulling back from week high · RSI 35 · price 0.69973
Lower highs since the 0.7050 rejection, breaking 0.7000.
AUDUSD ran to a fresh week high near 0.7050 into the NY session but rejected the 100-day SMA twice, carving a double-top before rolling over. Price has slid through the 0.7030 pivot and is now testing the 0.7000 psych level with RSI(14) pressing into the low-30s, sitting below both EMA20 and EMA50. The pullback aligns with a firmer USD and weak China PMI capping the week's rally.
Support: 0.7000, 0.6972
Resistance: 0.7030, 0.70497, 0.7050
What it said to watch
Hourly close below 0.7000 psych confirms a lower low toward the 0.6972 fib zone
Reclaim of the 0.7030 pivot needed to challenge the 0.7050 100d sma again
US ISM Manufacturing (14:00 UTC) could shift the USD leg materially
12:03 UTC
Uptrend, pulling back · RSI 42 · price 0.70075
Weekly highs stalling, retrace to 0.7000.
AUDUSD rallied through the week to fresh multi-week highs near 0.7050 on broad USD softness, but the last two sessions have faded that push, with price now back under EMA20 and testing the 0.7000 round number. The soft Q2 CPI print that priced out an August RBA hike has kept upside contained, and the retrace has stalled around the 38.2% of the week's 0.6922-0.7050 impulse. Demand has so far held the 0.6998 swing low.
Support: 0.7000, 0.69976, 0.6950
Resistance: 0.7025, 0.70495
What it said to watch
H1 close below 0.7000 round number opens the path toward 0.6950
Reclaim of 0.70250 EMA20 needed to re-engage the weekly high
US ISM Manufacturing ~14:00 UTC could shift the USD side of this read
12:02 UTC
Uptrend, momentum fading · RSI 42 · price 0.70075
Pullback from week high.
AUDUSD rallied to a fresh multi-week high at 0.70497 through midweek on broad USD softness, but the last session has faded back under EMA(20) with RSI easing off toward 40. Supply capped two attempts near 0.7044/0.7050 and price is now testing the 0.7000 round number after slipping from 0.7037. The higher-high at 0.70497 came without matching momentum, leaving a bearish RSI divergence into the pullback.
Support: 0.7000, 0.69976, 0.6950
Resistance: 0.7025, 0.70442, 0.70497
What it said to watch
H1 close below 0.6998 confirms a lower-low and opens the 0.6950 area
Reclaim of EMA20 near 0.7025 would re-engage the week's uptrend
US ISM Manufacturing today and AUD Trade Balance Thu could reset this read
Lower highs since Thursday's peak, testing 0.7000 psych.
AUD rallied to a 0.70497 multi-week high early in the week on broad USD softness, but the leg stalled after the soft Q2 CPI print priced out an August RBA hike. Price has since carved a run of lower highs and slipped below EMA(20), now pressing the 0.7000 psych level with RSI(14) cycling down toward 38. The 38.2% retrace of the 0.69235–0.70497 impulse is being tested here.
Support: 0.7000, 0.69909, 0.6950
Resistance: 0.7028, 0.70497
What it said to watch
H1 close below 0.7000 psych opens the 0.6950 wk support area
Reclaim of 0.70280 prior range needed to negate the lower-high sequence
US ISM Manufacturing today 14:00 UTC could shift the USD-side read
Rolling over from weekly high, lower highs into 0.7000.
This week's ~1% rally to a 0.70497 high faded, and price has been grinding lower for the last several hours, now testing the 0.7000 psych round after slipping below EMA20. RSI(14) has cycled down toward the high-30s as the weekly-high rejection plays out, with the soft-USD/JPY-intervention backdrop that fuelled the squeeze losing steam. The move off Tuesday's 0.69219 low is retracing back toward its 38.2% zone.
Support: 0.7000, 0.69909, 0.6950
Resistance: 0.70442, 0.70497
What it said to watch
H1 close below 0.6990 confirms a lower low and breaks the psych round
Reclaim of 0.7030 puts the 0.70442-0.70497 highs back in play
US ISM Manufacturing PMI 14:00 UTC could materially shift this read
10:02 UTC
Uptrend rolling over · RSI 39 · price 0.7002
Double top near week high, corrective pullback.
AUD ran to a fresh multi-week high at 0.7050 midweek on broad USD softness after the soft US GDP print, but the move stalled and has rolled over through the NY session back to the 0.7000 psych level. Twin peaks at 0.7044 and 0.7050 capped without a fresh high while RSI failed to confirm, and price has since slipped below EMA20. The 0.7000 handle is now the pivot for the week's pullback.
Support: 0.7000, 0.6990, 0.6950
Resistance: 0.7050, 0.7040
What it said to watch
H1 close below 0.7000 opens the path toward 0.6950
Reclaim of 0.7040 negates the double top read
AUD Trade Balance Thu 01:30 UTC could shift this read
AUDUSD has faded from Monday's 0.7049 weekly high, printing successive lower highs and slipping below EMA20 through the Asia-into-London hours toward the 0.7000 psych level. The pair sits capped near multi-week highs as soft USD (DXY sub-100) supports it while a priced-out RBA hike and shaky China data limit follow-through. RSI(14) has cycled down into the mid-30s as the retreat extended over five bars.
Support: 0.7000, 0.6950
Resistance: 0.7028, 0.7037, 0.7049
What it said to watch
Sustained break of 0.7000 psych opens the path toward 0.6950 support
Reclaim of EMA20 near 0.7028 would neutralise the lower-high sequence
US ISM Manufacturing at 14:00 UTC could materially shift this read
Higher highs into 0.7049, now retracing to 0.7000.
AUD/USD rallied over 1% this week through the 0.7000 big figure on a broadly softer USD after the weak US Q2 GDP print, tagging a week high at 0.70495 before stalling. Price has since faded through the NY session and is now pressing the 0.7000 pivot, dropping below EMA20 as RSI(14) cools toward the low-40s. The week's higher-low structure stays intact only while the 0.7000 handle holds.
Support: 0.7000, 0.69909, 0.69219
Resistance: 0.70495, 0.70454
What it said to watch
H1 close below 0.7000 exposes the 0.69909 swing low and breaks the week's higher-low structure
Reclaim of 0.70454 puts the 0.70495 week high back in play
US ISM Manufacturing today 14:00 UTC and Trade Balance Thu could shift this read
09:03 UTC
Uptrend stalling, pulling back · RSI 41 · price 0.70096
Range top rejected, breaking lower.
AUD/USD rallied over 1% through the week off the 0.6920 low, clearing 0.7000 on a soft USD after the weak US Q2 GDP print, and tagged the mid-June high zone near 0.7045-0.7050. Since Monday's session the pair ranged 0.7020-0.7045 before rolling over, and price has now slipped back below EMA20 to retest the 0.7000 big figure. RSI(14) has cooled toward 40 as the pullback develops.
Support: 0.7000, 0.70019, 0.69745
Resistance: 0.7032, 0.70442, 0.70497
What it said to watch
H1 close below 0.7000 confirms the range break and exposes 0.6975
Reclaim of 0.7032 EMA20 puts the 0.7044-0.7050 week high back in play
US ISM Manufacturing 14:00 UTC and AUD Trade Balance Thu could shift the read
AUDUSD has trended higher since last week's push through the 0.7000 big figure, a 1%+ rally driven by broad USD weakness rather than fresh AUD demand. Price has consolidated under the 0.7044-0.7050 highs and is now pulling back through EMA20 toward 0.7016, still holding above the 0.7000 pivot it just reclaimed. RSI(14) has cooled to the low 40s as the drift lower continues.
Support: 0.7002, 0.7000, 0.6980
Resistance: 0.7032, 0.7044, 0.7050
What it said to watch
H1 close below 0.7000 signals the rally was pure short-covering
Reclaim of 0.7032 EMA20 area keeps the consolidation intact
Close above 0.7050 week high resumes the uptrend
US ISM Manufacturing PMI (14:00 UTC) could shift the USD read this session
08:02 UTC
Uptrend, momentum cooling · RSI 44 · price 0.7016
Pullback within this-week's range after 0.6922-0.7050 rally.
AUDUSD rallied from Wednesday's 0.6922 low through the 0.7000 big figure into a 0.7050 week high on broad USD weakness after the soft US GDP print, with the RBA-hike-priced-out CPI failing to reverse the short-covering move. Price has since drifted back off 0.7050 into the NY session, sitting near the range floor around 0.7016 with RSI(14) cooling toward the mid-40s. The 0.7000 big figure, reclaimed on the last leg up, is the pivot the pullback is leaning on.
Support: 0.7000, 0.69219
Resistance: 0.7050, 0.70413
What it said to watch
H1 close below 0.7000 signals the rally was short-covering rather than fresh demand
Reclaim of 0.7050 reopens the week's high
US ISM Manufacturing PMI today 14:00 UTC could materially shift the USD leg of this read
AUDUSD rallied roughly 1% off the midweek CPI-week base near 0.6920, driven by broad USD softness after the disappointing US GDP print and post-FOMC intervention overhang. Price has since gone sideways in a 0.7020–0.7045 range through the last two sessions, capped just under the week high at 0.70497. RSI(14) has cooled back to the mid-line as the impulse loses steam and price sits just under EMA(20).
Support: 0.7020, 0.7000, 0.6950
Resistance: 0.7045, 0.70497
What it said to watch
H1 close above 0.7050 (week high) opens the path to fresh extension
Failure to hold the 0.7020 pivot exposes the 0.7000 big figure
US ISM Manufacturing today 14:00 UTC could shift the USD tone driving this move
China Services/Composite PMIs Tue have repeatedly capped rallies near 0.7045
AUDUSD rallied from the midweek base near 0.6920 through the 0.7015 breakout and extended to a weekly high at 0.7050, powered by broad USD weakness and risk-on flows after Iran strike fears eased. Price has since consolidated in a 0.7026-0.7044 band, sitting just under EMA20 with RSI(14) cooling toward the mid-50s. The 0.7020 area remains the recurring pivot this week, holding recent pullbacks.
Support: 0.7020, 0.7000, 0.6950
Resistance: 0.7050, 0.70441
What it said to watch
US ISM Manufacturing at 14:00 UTC today could materially shift the USD tone driving this move
H1 close above 0.7050 opens continuation toward fresh multi-week highs
Failure to hold the 0.7020 pivot exposes the 0.7000 big figure
AUDUSD spent the week grinding higher on a soft USD post-Fed, pushing above 0.7000 and the 50-day into a multi-week high near 0.7050 before stalling. Since the weekend reopen price has coiled in a tight 0.7028-0.7050 band, holding above EMA20 with RSI(14) easing back toward the mid-50s. The 0.7045-0.7050 zone has capped every attempt this week and remains the pivot for direction.
Support: 0.7027, 0.7000
Resistance: 0.70497, 0.70442
What it said to watch
H1 close above 0.7050 opens the path back toward the week high extension
Failure to hold 0.7028 exposes the 0.7000 big figure and 50-day area
China RatingDog PMI today is the immediate risk-sentiment catalyst for the Aussie
AUDUSD ran from Monday's 0.6966 open to a week high near 0.7049, a move that was largely broad USD weakness post-Fed rather than AUD strength — soft Q2 CPI (3.8% vs 4%) had already priced out an August RBA hike. Price is now drifting off that high and consolidating in the low 0.7030s, dipping under EMA(20) while holding above EMA(50) as RSI(14) cools toward the mid-40s. The 0.7045-0.7049 zone has capped this week and the 0.7000 big figure / 50-day pivot sits below as the structural line.
Support: 0.7027, 0.70184, 0.7000
Resistance: 0.70497, 0.70442
What it said to watch
H1 close above 0.7045 reopens the path toward the 0.7049 week high
Failure to hold 0.7000 pivot exposes 0.6950 downside markers
Australia Trade Balance Thu 01:30Z is the key domestic catalyst given China-export sensitivity
Consolidating below week high after Thursday's impulse.
AUDUSD is holding above EMA(20) after Thursday's USD-driven impulse cleared the 0.7000 handle and stretched to a week high near 0.70495. Since Friday price has coiled in a tight 0.7028-0.7045 band, with RSI(14) cycling around the midline as the rally momentum flattens. The move was broad USD weakness post-FOMC rather than AUD strength, leaving the pair a passive dollar/China proxy into the new week.
Support: 0.7018, 0.7000, 0.6950
Resistance: 0.70495, 0.70441
What it said to watch
H1 close below 0.7000 psych level opens the path back toward 0.6950
H1 close above 0.70495 week high resumes the impulse
Australia Trade Balance Thu 01:30Z is the key domestic catalyst for this read
This week's story was a soft-USD rally: AUD cleared the 50-day EMA and pushed to the highest since mid-June near 0.7050 before fading into 0.7028-0.7035. A weak China NBS PMI (49.2) has capped the topside while hawkish-lean Fed comments gave the dollar a floor, so the move is more USD-driven than AUD-driven. RSI(14) has cooled back toward the mid-40s as price now sits just under EMA(20).
Support: 0.70184, 0.70019, 0.6992
Resistance: 0.70454, 0.70497
What it said to watch
H1 close above 0.70454 reopens the path to the 0.70497 session high
Failure to hold 0.70184 exposes the 0.70019 round/50ema area
US ISM (14:00 UTC) and S&P Global PMIs Aug 4 could shift this read
AUDUSD rode a soft-USD rally from Wednesday's 0.6920 base through the 50-day EMA to a fresh multi-week high at 0.70497, the highest since June. Price has since faded into the NY session and is now consolidating just under that cap, dipping back below the H1 EMA(20) while holding well above EMA(50). The move remains USD-driven — weak China PMI and faded RBA hike bets are capping local enthusiasm.
Support: 0.7018, 0.70019, 0.6950
Resistance: 0.70497, 0.70441
What it said to watch
Sustained H1 close above 0.70497 opens continuation higher
Loss of 0.70180 swing low confirms a deeper pullback toward 0.70019
S&P Global PMIs (Aug 4) and Trade Balance (Aug 6) could shift this read
AUDUSD rode a soft-USD rally this week, clearing the 0.7000 area to print the highest since mid-June near 0.70497. Price has since stalled and slipped back under the EMA(20) into a 0.7030-0.7050 hold, with the weak China NBS PMI (49.2) capping follow-through. Demand has repeatedly stepped in around 0.7002-0.7020 on pullbacks, keeping the week's higher-low structure intact.
Support: 0.70019, 0.7000, 0.6990
Resistance: 0.70497, 0.7045
What it said to watch
H1 close above 0.70497 opens continuation toward fresh multi-week highs
Failure to hold 0.70019 threatens the week's higher-low sequence
US ISM (14:00 UTC) and S&P PMIs (Aug 4) could shift the USD-driven read
AUD/USD spent the week grinding higher on a soft-USD rally, clearing the 50-day EMA and tagging a multi-week high near 0.7050 into Monday's session. Price has since faded to 0.7030 and is consolidating below the 0.7045 cap, with China's contraction-signal NBS PMI (49.2) tempering follow-through. RSI(14) has cooled back toward the midline and price sits just under the H1 EMA(20) while holding well above EMA(50).
Support: 0.7020, 0.7002, 0.7000
Resistance: 0.7045, 0.70497
What it said to watch
H1 close above 0.7050 opens the path higher; the 0.7045 cap has held two attempts
Failure to hold 0.7020 exposes the 0.7000 psych level and 0.7002 swing low
US ISM (14:00 UTC) and Aug-4 S&P Global PMIs could shift the USD-driven read
02:02 UTC
Uptrend, consolidating near highs · RSI 55 · price 0.70327
Higher highs holding above 0.7000, ranging into week high.
AUDUSD holds near the week high around 0.7035 after Thursday's ~1% surge cleared the 0.7000 big figure — a move the digest ties to broad USD weakness post-Fed rather than Aussie strength. Price has consolidated above EMA(20) through the NY session with RSI(14) cycling in the mid-50s, and the 0.70497 week high has capped topside. Demand has repeatedly stepped in around 0.7002 to keep the June-high breakout intact.
Support: 0.70019, 0.7000, 0.69835
Resistance: 0.70497, 0.70441
What it said to watch
H1 close below 0.7000 breaks the breakout and opens a slide toward 0.6950
Close above 0.70497 week high extends the breakout
US ISM Manufacturing PMI (14:00 UTC) could shift the USD-led read
Consolidation below week high after Thursday surge.
AUD cleared 0.7000 on Thursday's ~1% USD-led surge and has held around 0.7030 since, coiling below the 0.70497 week high into Friday's close. Price sits above both EMA20 and EMA50 with RSI(14) cycling in the mid-50s, and pullbacks have repeatedly found demand around 0.70180. The advance is dollar-weakness driven rather than domestic, with weak China PMI capping the topside.
Support: 0.7018, 0.70019, 0.7000
Resistance: 0.70497, 0.70442
What it said to watch
H1 close below 0.70000 invalidates the June-high breakout, opening the slide toward 0.6950
A close above 0.70497 extends the week's advance
US ISM Manufacturing today 14:00 UTC could stabilise USD and cap this rally
AUD cleared 0.7000 on Thursday's ~1% surge and has held the breakout into the new week's open, printing a fresh week high at 0.70497 before easing back to 0.7040. The advance was USD-led post-Fed rather than domestic, with soft China PMI capping the topside; RSI(14) has cooled from overbought as price consolidates above the 0.7035 mid-June pivot. Pullbacks have so far found demand around 0.7002, keeping the higher-low sequence intact.
Support: 0.7035, 0.70019, 0.7000
Resistance: 0.70497, 0.70441
What it said to watch
Loss of 0.7000 would break the June-high breakout and open 0.6950
H1 close above 0.70497 extends the week's high sequence
US ISM Manufacturing at 14:00 UTC could shift the USD-led read
AUDUSD cleared the 0.7000 figure on Thursday's ~1% surge and has consolidated in a tight 0.7020–0.7050 band since, the rally driven by broad USD softness post-FOMC rather than domestic strength after the soft Q2 CPI. Price holds above both EMA20 and EMA50 with RSI cycling in the mid-50s, and the week high at 0.70497 has capped the topside. Monday's open reopened above Friday's close, keeping the June-high breakout intact.
Support: 0.7019, 0.7000, 0.69909
Resistance: 0.70497, 0.70441
What it said to watch
US ISM Manufacturing at 14:00 UTC (f/c 54) could materially shift this read via USD direction
Loss of 0.70000 psych would question the breakout and open 0.69909
H1 close above 0.70497 week high extends the uptrend
Higher highs since Thursday, consolidating below week high.
AUDUSD extended above 0.7000 after Thursday's ~1% surge cleared the mid-June high, a move driven by post-FOMC USD softness rather than Aussie strength. Price has held above EMA20 into the new week, gapping flat over the weekend and grinding just under the 0.70495 week high with RSI cycling in the upper half. The 0.7000 big figure is the pivot the breakout rests on.
Support: 0.7030, 0.7018, 0.7000
Resistance: 0.70495
What it said to watch
H1 close below 0.7000 opens a slide toward the 0.6950 area
Hold above 0.7035 keeps the June-high breakout intact
US ISM Manufacturing Mon 14:00 UTC could shift the USD-led read
AUD/USD extended Thursday's ~1% surge that cleared the mid-June high, holding above 0.7035 into Friday's close and reopening the new week near 0.7040. The move was USD-led — soft US GDP and the post-FOMC dollar slide did the work, while weak China PMI (49.2) has capped the topside. Price is now coiling just under the 0.70495 week high with RSI holding above 50.
Support: 0.70184, 0.7000, 0.69835
Resistance: 0.70495, 0.70441
What it said to watch
H1 close above 0.70495 week high extends the breakout
Loss of 0.70000 psych level invalidates the breakout read
ISM Manufacturing PMI (14:00 UTC) could firm USD and cap topside