UBS strategists view the Australian dollar as a compelling long opportunity at current levels, supported by expectations that the Reserve Bank of Australia will ease policy more gradually than the U.S. Federal Reserve.
The bank forecasts 75 basis points of rate cuts from the RBA through Q1 2026, compared to 100 basis points from the Fed—helping to preserve a relative yield advantage for the Aussie.
On the daily chart, AUD/USD remains within a well-defined ascending channel that began in late 2024. The pair recently bounced off the lower boundary of the channel near 0.6450, with long lower wicks potentially indicating dip-buying interest.
Immediate resistance could sit at 0.6600, followed by a major zone near 0.6670. A break above these levels could confirm bullish continuation.
The bank forecasts 75 basis points of rate cuts from the RBA through Q1 2026, compared to 100 basis points from the Fed—helping to preserve a relative yield advantage for the Aussie.
On the daily chart, AUD/USD remains within a well-defined ascending channel that began in late 2024. The pair recently bounced off the lower boundary of the channel near 0.6450, with long lower wicks potentially indicating dip-buying interest.
Immediate resistance could sit at 0.6600, followed by a major zone near 0.6670. A break above these levels could confirm bullish continuation.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Free TradingView Premium:
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
blackbull.com/en/platforms/tradingview/?utm_source=tradingview
Investing in complex securities involves risk. You may lose some or all of your invested capital.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.