A Data Partner of:
Refinitiv
Apr 04 - 02:55 AM

AUD/USD - Craters, Breaking Cloud Base; 2025 Low Exposed

By Ewen Chew  —  Apr 04 - 12:45 AM

• AUD/USD craters to 0.6237, breaks key chart floor, last 0.6241

• Fri close below 0.6248 takes out Ichimoku cloud base

• More longs may bail on confirmation of bearish cue

• 2025 low of 0.6089 exposed might attract more sellers

• Risk aversion weighs AUD, despite UST yields; ASX -2.5%

• US yields might get hit again after US NFP due later
AUD:


(Ewen Chew 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
!