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Australian Dollar ($AUD/USD) Forex Forecast: Down 0.8% Today

Morpher AI identified a bearish signal. The forex price may continue to fall based on the momentum of the negative news.

What is Australian Dollar?

The AUD/USD currency pair represents the exchange rate between the Australian Dollar (AUD) and the US Dollar (USD). The Australian Dollar is often viewed as a commodity currency due to its ties to the country's natural resources and exports.

Why is Australian Dollar going down?

AUD/USD forex is down 0.8% on Oct 10, 2025 15:26

  • The AUD/USD pair experienced a strong bearish movement today, likely due to the overall weakness in the Australian Dollar.
  • Cautious remarks from RBA Governor Michele Bullock provided some support to the Australian Dollar recently, but the overall sentiment seems to be bearish.
  • The pair steadied around 0.6580 after hitting a weekly low, but the increasing downward momentum suggests a potential further decline towards the 0.6555 support level.
  • Despite expectations of a narrower trading range, the overall outlook for the AUD/USD pair remains bearish, with a potential test of lower support levels in the near future.

AUD/USD Price Chart

AUD/USD Technical Analysis

AUD/USD News

AUD/USD weakness seems likely – UOB Group

Further Australian Dollar (AUD) weakness seems likely; oversold conditions suggest any decline may not reach 0.6520 today. In the longer run, AUD is expected to continue to decline, likely toward the late-September low, near 0.6520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

https://www.fxstreet.com/news/aud-usd-weakness-seems-likely-uob-group-202510101129

0 News Article Image AUD/USD weakness seems likely – UOB Group

Australian Dollar receives support from RBA Bullock’s cautious remarks

The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock.

https://www.fxstreet.com/news/australian-dollar-receives-support-from-rba-bullocks-cautious-remarks-202510100216

1 News Article Image Australian Dollar receives support from RBA Bullock’s cautious remarks

AUD/USD steadies after weekly low as markets eye FOMC Minutes, US shutdown impact

The AUD/USD pair trades steadily around 0.6580 on Wednesday during the US session, after hitting a fresh low for October at 0.6556.

https://www.fxstreet.com/news/aud-usd-steadies-after-weekly-low-as-markets-eye-fomc-minutes-us-shutdown-impact-202510081730

2 News Article Image AUD/USD steadies after weekly low as markets eye FOMC Minutes, US shutdown impact

AUD/USD: Likely to head lower and test the 0.6555 support level – UOB Group

Increasing downward momentum suggests Australian Dollar (AUD) is likely to head lower and test the 0.6555 support level. In the longer run, the odds of AUD breaking below 0.6555 are increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

https://www.fxstreet.com/news/aud-usd-likely-to-head-lower-and-test-the-06555-support-level-uob-group-202510081159

3 News Article Image AUD/USD: Likely to head lower and test the 0.6555 support level – UOB Group

AUD/USD: Expected to trade in a narrower range of 0.6555/0.6640 – UOB Group

The underlying tone appears to have firmed somewhat; Australian Dollar (AUD) may edge higher, but any advance is likely part of a higher range of 0.6595/0.6630.

https://www.fxstreet.com/news/aud-usd-expected-to-trade-in-a-narrower-range-of-06555-06640-uob-group-202510070912

4 News Article Image AUD/USD: Expected to trade in a narrower range of 0.6555/0.6640 – UOB Group

Australian Dollar Price History

10.09.2025 - AUD/USD Forex was down 0.8%

  • The AUD/USD pair experienced a strong bearish movement today, likely due to the overall weakness in the Australian Dollar.
  • Cautious remarks from RBA Governor Michele Bullock provided some support to the Australian Dollar recently, but the overall sentiment seems to be bearish.
  • The pair steadied around 0.6580 after hitting a weekly low, but the increasing downward momentum suggests a potential further decline towards the 0.6555 support level.
  • Despite expectations of a narrower trading range, the overall outlook for the AUD/USD pair remains bearish, with a potential test of lower support levels in the near future.

05.07.2024 - AUD/USD Forex was down 0.8%

  • The bearish movement in the AUD/USD pair today may be linked to profit-taking by investors following recent gains.
  • Anticipation surrounding key economic data, especially Australian inflation data, could have spurred increased volatility and selling pressure on the pair.
  • The AUD's 3% decline against the USD in the last fortnight likely played a role in the bearish sentiment and technical selling seen in the market.
  • Today's market activity seems to be a result of a mix of profit-taking, economic data anticipation, and recent downward pressure on the Australian dollar.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.

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Date
Oct 10, 2025 15:26
Content
Australian Dollar ($AUD/USD) Forex Forecast: Down 0.8% Today What is Australian Dollar? Why is Australian Dollar going down? AUD/USD AUD/USD Price Chart AUD/USD News Trending Today Australian Dollar Price History 10.09.2025 - AUD/USD Forex was down 0.8%05.07.2024 - AUD/USD Forex was down 0.8%