
Australian Dollar Technical Outlook: AUD/USD October Breakout Reverses Toward Critical Support 11 3 2026
Aussie bulls face a critical test of rising trend support, with the October recovery under threat as selling pressure builds into November.
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Aussie bulls face a critical test of rising trend support, with the October recovery under threat as selling pressure builds into November.

The RBA hikes rates to 4.85%, but a split vote and softer forward guidance weigh on AUD/USD despite sharply higher inflation forecasts.

Major forex pairs lack conviction, but FX crosses may offer better opportunities. Matt Simpson examines forex, gold and crude oil markets.

AUD/USD faces a pivotal week as an expected RBA hike, US midterm elections and nonfarm payrolls test the Australian dollar's recovery.

Australia's inflation problem extends well beyond energy, with markets now pricing further RBA hikes into 2027. So why has AUD/USD reversed sharply after its initial surge?

Australian CPI and rate decisions from the RBNZ, BoC and Fed put AUD, NZD and CAD to the test, with inflation surprises and policy guidance in focus.

As the trading week progresses, a cautious tone is becoming increasingly evident around the Australian dollar. This can be observed in the recent performance of AUD/USD, where price action has remained largely unchanged over the last three trading sessions, recording a move of barely 0.1%. This behavior highlights a clear lack of direction within the market.

Aussie and Kiwi have gone remarkably quiet ahead of Australian inflation data and RBNZ decision. With substantial tightening priced and both events capable of generating major FX swings, Wednesday could deliver a volatility eruption in the antipodes.

AUD/USD rebounds despite record bearish futures positioning, with Australian Q3 CPI and the Fed meeting threatening to trigger another short squeeze.

A sharp reversal off key support has fueled the AUD/USD recovery, with resistance now in focus ahead of next week’s Fed decision and Australian CPI.

AUD/USD defies a potential head-and-shoulders breakdown as RBA rate hike bets surge and a weaker US dollar fuels an Australian dollar rally.

A weaker US dollar, falling Treasury yields and renewed demand for cyclical assets have supported the Aussie and Kiwi. But with some of those moves reversing on Monday, both currencies face an early test of whether their recent strength can continue.

AUD/USD has been hit by another ugly Australian employment report, sending RBA rate hike expectations sharply lower. Yet the relationships driving the currency have shifted since quarter-end, and improving risk appetite could provide the fuel for a recovery.
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