A Data Partner of:
Refinitiv
Jun 30 - 07:55 PM

AUD/USD - Bid With Risk Appetite/Stocks - Charts Point Higher

By Andrew Spencer  —  Jun 30 - 06:56 PM

• Steady after closing up 0.75%, with Wall Street higher, USD 0.5% lower

• There is no significant AUD data today - Japan's Tankan and Asian PMIs lead

• News on Trump's $3.3 tln bill likely, as Republican infighting continues

• The bill is expected to pass, so a modest Asian market response is likely

• Charts, 5, 10 & 21-day moving averages climb, 21-day Bolli bands expand

• Positive daily momentum studies - bullish setup at the 2025 highs

• Thursday's 0.6508 low and then Tuesday's 0.6456 base are initial supports

• There is no significant resistance until the 0.6687 November 2024 top
Andy


(Andrew Spencer is a Reuters market analyst. The views expressed are his own.)

Source:
London Stock Exchange Group | Thomson Reuters

eFX Plus

FX Orders Data Since 2014

  • Institutional Derived FX Orders
  • 5 Dedicated Technical Traders
  • Trade of the Week
  • Quant Models
  • Currency & Commodity Forecasts
  • Machine Readable Insights
  • Data Previews
  • A data parter of  LSEG

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2025 eFXdata · All Rights Reserved
!