News
7x24
Quotes
Economic Calendar
Video
Data
- Names
- Latest
- Prev.
Technical Setup Points to Renewed Selling Pressure
Central Bank
Economic
Summary:
The AUDUSD pair is entrenched in a defined downtrend, evidenced by the absence of consecutively higher highs, signaling that bearish pressure remains in control.
Sell
PENDINGAUDUSD
EXP
0.65520
Entry Price
0.63720
TP
0.65900
SL
0.64896 -0.00174 -0.27%
--
Point
PENDING
0.63720
TP
CLOSING
0.65520
Entry Price
0.65900
SL
The Reserve Bank of Australia (RBA) is set to release its latest meeting minutes, which are expected to reinforce the view that policymakers see no immediate urgency to cut the Official Cash Rate (OCR). This cautious stance is attributed to persistently robust domestic demand and firm underlying inflationary pressures. However, the central bank’s recent communications also contained a caveat: monetary easing could be considered if economic growth weakens significantly or if labor market conditions materially deteriorate.
Further attention will be focused on Australian economic data this week, specifically the third-quarter Wage Price Index, due for release on Wednesday. Market expectations are for a 0.8% quarter-over-quarter increase and a 3.4% year-over-year rise. An outcome that aligns with these forecasts would likely reinforce the RBA’s data-dependent, cautious posture, effectively limiting the outlook for any rapid rate cuts. According to the latest update on November 14th, the ASX 30-day interbank cash rate futures for December 2025 were trading at 96.41, reflecting a mere 6% probability of a rate cut to 3.35% (from the current 3.60%) at the upcoming RBA Board meeting.
The latest labor market data from the U.S. continues to signal deceleration. The ADP report indicated that U.S. private payrolls recorded a weekly average decline of 2,500 in the four weeks leading up to November 1st, a notable improvement from the steeper 11,250 average loss observed in the preceding period. Separately, August Factory Orders expanded by 1.4% month-over-month (MoM), which met consensus estimates and successfully reversed the 1.3% contraction recorded in July.
Federal Reserve Governor Christopher Waller adopted a distinctly dovish tone on Tuesday, characterizing the U.S. labor market as "weak" and "near stalling speed." He suggested that the current restrictive policy appears to be dampening economic activity and reiterated his view that a 25 basis point (bps) rate cut at the December 9-10 meeting would provide "additional assurance" for the stability of the labor market.
Adding to the complexity, President Donald Trump reversed previously imposed tariffs on over 200 consumer products, including coffee and orange juice. This decision was reportedly driven by an acknowledgment of the inflationary impact resulting from increased import costs. Despite the economic rationale, the immediate market reaction to this tariff news remained marginal.
Meanwhile, commentary from other Federal Reserve officials remains divergent. Vice Chair Philip Jefferson offered cautious, slightly dovish remarks on Monday, acknowledging growing risks to employment. Conversely, Kansas City Fed President Jeffery Schmid argued that the current policy stance is "moderately restrictive," which he deems appropriate to counter demand growth. St. Louis Fed President Alberto Musalem suggested that rates are now closer to neutral than restrictive, emphasizing the limited scope for easing without risking an overly accommodative stance.
Technical Analysis
The AUDUSD pair is entrenched in a defined downtrend, evidenced by the absence of consecutively higher highs, signaling that bearish pressure remains in control. The price action is clearly situated below both the 100-period and 200-period Moving Averages (MAs) on the 12-hour chart, currently residing at 0.6555 and 0.6537, respectively. This technical positioning adds significant weight to the prevailing bearish bias. Any move back toward the vicinity of these MAs is likely to encounter strong selling interest, creating a potential opportunity for short positions from that zone.
A nearby resistance cluster is defined by the 0.6552 level, which aligns closely with the 100-period MA. This confluence zone is anticipated to trigger a downward rejection. The Relative Strength Index (RSI) is currently at the 45 level, still within neutral territory. This suggests that the pair may experience a minor corrective bounce before the primary downward movement resumes. Price action is currently showing a slight upside reaction from support levels. However, should the price decisively break its downtrend by forming a new higher high and piercing the bearish trendline resistance, it would invalidate the immediate bearish scenario and could open the path for a broader upside movement.
Trading Recommendations
Trading direction: Sell
Entry price: 0.6552
Target price: 0.6372
Stop loss: 0.6590
Validity: Nov 28, 2025 15:00:00
Risk Warnings and Investment Disclaimers
You understand and acknowledge that there is a high degree of risk involved in trading with strategies. Following any strategies or investment methodologies is the potential for loss. The content on the site is being provided by our contributors and analysts for information purposes only. You alone are solely responsible for determining whether any trading assets, or securities, or strategy, or any other product is suitable for you based on your investment objectives and financial situation.
Quick Access to 7x24
Quick Access to More Editor-selected Real-time News
Exclusive video for free
FastBull project team is dedicated to create exclusive videos
Real-time Quotes
View more faster market quotes
More comprehensive macro data and economic indicators
Members have access to entire historical data, guests can only view the last 4 years
Member-only Database
Comprehensive forex, commodity, and equity market data
English
English
العربية
繁體中文
简体中文
Bahasa Melayu
Bahasa Indonesia
ภาษาไทย
Tiếng Việt
Copyright © 2025 FastBull Ltd
Home News Columns 7x24 Economic Calendar Quotes Video Data WarehouseAnalysis AI Signal Pro User Agreement Privacy Policy About Us
Risk Disclosure
The risk of loss in trading financial assets such as stocks, FX, commodities, futures, bonds, ETFs or crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.
No consideration to invest should be made without thoroughly conduct your own due diligence, or consult with your financial advisors. Our web content might not suit you, since we have not known your financial condition and investment needs. It is possible that our financial information might have latency or contains inaccuracy, so you should be fully responsible for any of your transactions and investment decisions. The company will not be responsible for your capital lost.
Without getting the permission from the website, you are not allow to copy the website graphics, texts, or trade marks. Intellectual property rights in the content or data incorporated into this website belongs to its providers and exchange merchants.