Reserve Bank of Australia (RBA) news

The Reserve Bank of Australia (RBA) is Australia's central bank. Its primary responsibility is to maintain monetary and financial system stability. The RBA uses various monetary policy tools to influence economic conditions and contribute to sustainable economic growth and full employment in Australia.

Chart alert: AUD/USD 360 pips rally at risk of a minor mean reversion decline below 0.7200 before new upleg
AUD/USD has rallied nearly 360 pips from late-March lows, driven by risk-on sentiment following the US–Iran ceasefire. However, the pair is approaching key resistance near 0.7200, with technical indicators signalling a potential short-term pullback. A break below 0.7120 could see a correction toward 0.7033 before the next bullish leg, while a sustained move above 0.7200 may extend gains toward 0.7300.
by Kelvin Wong
AUD_Bank_Notes_Cash_Australia
Chart alert: AUD/USD downtrend remains intact below 0.6910 despite Trump’s Iran war exit remarks
AUD/USD remains in a firm downtrend below 0.6910 despite earlier support from a hawkish RBA. The pair has reversed sharply from recent highs as rising stagflation risks and oil-driven macro uncertainty weigh on global risk sentiment. Increasing correlation with equities suggests further downside if markets weaken. A break below 0.6838 could expose 0.6710, while a move above 0.6910 may trigger a rebound.
by Kelvin Wong
AUD_Australia_Dollar_Cash
1 2 11