empty
28.03.2025 12:16 PM
AUD/USD: Analysis and Forecast

This image is no longer relevant

The AUD/USD pair continues its sideways consolidation, remaining within a familiar range near the key psychological level of 0.6300. This movement is driven by several factors impacting global market sentiment.

Recent announcements by U.S. President Donald Trump regarding new tariffs on imported cars and light trucks have had a negative impact on the market. The anticipation of reciprocal tariffs set to take effect next week also contributes to investor uncertainty, as these measures affect the global economy. At the same time, the modest rise in the U.S. dollar is seen as a limiting factor for the growth of the risk-sensitive Australian dollar.

However, the intraday strength of the U.S. dollar has not sparked much optimism. Amid concerns about the potential economic consequences of Trump's aggressive trade policies, markets are now pricing in a 65% probability that the Federal Reserve will cut borrowing costs by 25 basis points in June. This curbs aggressive dollar-buying activity.

This image is no longer relevant

In addition, renewed hopes for stimulus from China are helping to limit losses for the Australian dollar.

Today, for additional trading opportunities, attention should be paid to the release of the U.S. PCE – the Personal Consumption Expenditures Price Index. This data will influence the Fed's decisions regarding its future monetary policy, which in turn will play a key role in driving demand for the U.S. dollar and may provide new momentum for the AUD/USD pair.

From a technical perspective, the pair needs to break above the round level of 0.6300 to pave the way for further upside. The Relative Strength Index (RSI) has yet to move into positive territory. However, oscillators on the daily chart remain mixed, so it may be wise to wait for the release of key U.S. economic data during the North American session before entering new buy or sell positions.

Irina Yanina,
Analytical expert of InstaForex
© 2007-2025
Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

Recommended Stories

What to Pay Attention to on April 10? A Breakdown of Fundamental Events for Beginners

There are very few macroeconomic events scheduled for Thursday, but the U.S. inflation report still holds some relevance for traders. At the moment, inflation has limited influence because virtually everyone

Paolo Greco 06:49 2025-04-10 UTC+2

GBP/USD Overview. April 10: Trump Meets His Match

The GBP/USD currency pair showed gains and losses throughout Wednesday. The afternoon decline once again raised some questions, though market movements in recent months have lacked much logic. The market

Paolo Greco 03:21 2025-04-10 UTC+2

EUR/USD Overview. April 10: From Prince to Pauper

The EUR/USD currency pair continued to trade higher on Wednesday, once again failing to settle below the moving average line. Donald Trump keeps announcing new tariffs — or previously announced

Paolo Greco 03:21 2025-04-10 UTC+2

The Dollar – A Toxic Currency

Trouble often comes in pairs or groups. The decline of American exceptionalism is only one of the challenges facing EUR/USD bears. The main currency pair remains resilient and occasionally goes

Marek Petkovich 00:59 2025-04-10 UTC+2

GBP/JPY: Down, Only Down

The pound is plummeting against the yen. The cross has dropped by over a thousand points in just one week, reflecting the British currency's weakness and the yen's "crisis resilience."

Irina Manzenko 00:59 2025-04-10 UTC+2

Update on US stock market: Trump chronicles, April 9

As announced by Trump's administration yesterday, on April 8, new and even higher tariffs on Chinese goods will take effect in the US starting from April 9, reaching an enormous

Jozef Kovach 12:55 2025-04-09 UTC+2

The Market Invites a "Fools' Rally"

104%! Who's next? The stakes in the U.S.–China trade war are skyrocketing, causing the S&P 500 to slide deeper and deeper. And this came right after a strong opening

Marek Petkovich 10:36 2025-04-09 UTC+2

What to Pay Attention to on April 8? A Breakdown of Fundamental Events for Beginners

Once again, no macroeconomic events are scheduled for Wednesday. However, the market is paying little attention to traditional macroeconomic indicators, so standard economic reports are unnecessary. The market is entirely

Paolo Greco 06:57 2025-04-09 UTC+2

GBP/USD Overview. April 9. Disinformation, Rumors, Fakes, and Opinions

The GBP/USD currency pair traded relatively calmly on Tuesday, but Monday brought a full-on whirlwind to the markets. For several days now, we've been using terms like "storm," "chaos,"

Paolo Greco 02:55 2025-04-09 UTC+2

EUR/USD Overview. April 9. The American Circus

The EUR/USD currency pair traded much more calmly on Tuesday. That's no surprise—the market has already reacted to all the news about tariffs and counter-tariffs, and the actual implementation date

Paolo Greco 02:55 2025-04-09 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.