{"id":29799,"date":"2025-08-28T20:29:02","date_gmt":"2025-08-28T20:29:02","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/the-audusd-breaks-moving-averages-encouraging-buyers-and-pointing-towards-higher-resistance-targets-ahead\/"},"modified":"2025-08-28T20:29:02","modified_gmt":"2025-08-28T20:29:02","slug":"the-audusd-breaks-moving-averages-encouraging-buyers-and-pointing-towards-higher-resistance-targets-ahead","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-asia\/live-updates\/the-audusd-breaks-moving-averages-encouraging-buyers-and-pointing-towards-higher-resistance-targets-ahead\/","title":{"rendered":"The AUDUSD breaks moving averages, encouraging buyers and pointing towards higher resistance targets ahead"},"content":{"rendered":"<p>The AUDUSD recently moved above the 100-day moving average, as well as the 100-bar and 200-bar moving averages on the 4-hour chart. This upward momentum shows a more positive outlook, with buyers gaining control by the end of the trading session.<\/p>\n<p>The currency&#8217;s break above the 100-bar MA at 0.6494 and the 200-bar MA at 0.6504 on the 4-hour chart has bolstered trader confidence. These averages, previously limiting price action, now serve as short-term support. Maintaining a position above this range supports the continuation of upward movement.<\/p>\n<h3>Upcoming Technical Targets<\/h3>\n<p>The focus now turns to upcoming technical targets. The initial hurdle for the AUDUSD is at 0.6541, a recent swing level. A break beyond this point could lead the pair towards a swing high of 0.6567 from two weeks ago.<\/p>\n<p>Further resistance lies between 0.6586 and 0.6595, a region that has previously reversed the price. A strong move past this resistance would shift attention to the July peak \u2014 the year\u2019s high \u2014 at 0.6625. Reaching this point would indicate a more longer-lasting positive trend, confirming the breakout traders are watching for.<\/p>\n<p>We have seen a clear shift in momentum with the AUDUSD moving above the key 0.6504 level, turning what was resistance into a new support zone. This suggests buyers have taken control after defending the 100-day moving average earlier in the week. Any dip toward the 0.6494-0.6504 area should now be viewed as a potential buying opportunity.<\/p>\n<p>This technical strength is reinforced by recent fundamental data. Australia\u2019s quarterly CPI data, which we saw on August 26, 2025, came in hotter than expected at 3.1%, suggesting the Reserve Bank of Australia will be in no hurry to cut interest rates. Meanwhile, the latest US jobless claims figures ticked higher to 245,000, adding to a narrative of a cooling American economy.<\/p>\n<h3>Favorable Backdrop From Commodities<\/h3>\n<p>We are also seeing a favorable backdrop from commodities, which are a major driver for the Australian dollar. Iron ore prices have firmed up, pushing back above $120 per tonne on signs of stabilizing industrial demand. This provides an external tailwind that supports a stronger Aussie dollar against the greenback.<\/p>\n<p>Given this bullish technical and fundamental picture, traders could consider buying call options to capitalize on further upside. A strike price around 0.6550 with a late September 2025 expiration would provide exposure to a potential move toward the 0.6567 and 0.6595 resistance levels. The clear support around 0.6500 provides a well-defined risk level for the strategy.<\/p>\n<p>Looking back at the range-bound trading that characterized much of 2025, a decisive break above the 0.6595 resistance zone would be a significant development. Such a move would confirm a broader bullish breakout, shifting our focus to the year-to-date high at 0.6625. Traders using futures may see a close above this zone as a signal to add to long positions.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AUDUSD breaks key resistance levels, showing bullish momentum with eyes on next targets near 0.6625.<\/p>\n","protected":false},"author":62,"featured_media":16966,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-29799","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/29799","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/comments?post=29799"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/posts\/29799\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media\/16966"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/media?parent=29799"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/categories?post=29799"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-asia\/wp-json\/wp\/v2\/tags?post=29799"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}