2026-08-27 · FOREX
Australian Dollar / USD (AUD/USD) Daily Analysis
BUY
75% confidence · 0.7182 USD
TREND
The AUD/USD shows a strong bullish trend with RSI at 68.73 and price trading above both the 9-day and 50-day EMAs, despite a bearish MACD reading of 0.
SUMMARY
Today, AUD/USD continues to show strong bullish momentum, reinforcing yesterday's BUY signal. The price has risen from 0.7168 USD to 0.7182 USD, and our confidence in a continued upward move has strengthened from 65% to 75%. The Relative Strength Index (RSI) is robust at 68.73, indicating strong buying pressure, while the price remains firmly above the 9-day and 50-day Exponential Moving Averages (EMAs) at 0.71. Despite a bearish MACD reading of 0, the emergence of a Morning Star pattern further supports a bullish outlook, suggesting potential for further gains towards the 0.72 resistance.
SUPPORT
0.7
RESISTANCE
0.72
TIMEFRAME BIAS
The short-to-medium term bias for AUD/USD is bullish, driven by strong price action above key EMAs and a bullish reversal pattern.
PATTERNS
Morning Star: 3-candle bullish reversal