2026-08-31 · FOREX
Australian Dollar / USD (AUD/USD) Daily Analysis
BUY
50% confidence · 0.7159 USD
TREND
AUD/USD shows a mixed trend; while RSI is at 62.45 and price is above EMA21 (0.71) and EMA50 (0.71), MACD is at 0 and indicates bearish momentum, and price is below EMA9 (0.72).
SUMMARY
AUD/USD is showing a slight bullish bias today, despite a minor -0.07% price dip. The Relative Strength Index (RSI) at 62.45 suggests underlying buying interest, and the price remains above both the 21-day and 50-day Exponential Moving Averages, indicating medium-term strength. However, the MACD is signaling bearish momentum, and the price is currently below the short-term 9-day EMA, suggesting some immediate downward pressure. Traders should watch for a decisive move above 0.72 resistance.
SUPPORT
0.7
RESISTANCE
0.72
TIMEFRAME BIAS
The short-term bias is mixed to slightly bearish as price is below EMA9, while the medium-term bias remains bullish with price above EMA21 and EMA50.
PATTERNS
No significant patterns detected.