AUD/USD, USD/CHF, USD/CAD Short-Term Forecast for 06/08/2026

Published Aug 06, 2026 9:12 AM Last refreshed Aug 06, 2026 3:01 PM Source: EODHD Event Time: Aug 06, 2026 9:12 AM

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AUD/USD, USD/CHF, USD/CAD Short-Term Forecast for 06/08/2026

Source: EODHD - https://finance.yahoo.com/markets/currencies/articles/aud-usd-usd-chf-usd-131243006.html
Published: Aug 06, 2026 9:12 AM

AUD/USD Technical AnalysisAUDUSD trades around 0.70410, easing off its highs but close to its 50-period EMA. Source: TradingView. The Australian dollar is relatively flat in early Thursday trading as U.S. rates have climbed a bit. With that being the case, we find ourselves hanging around 0.7050 after a strong move during the previous session by the Aussie dollar. Zooming out, we can see that this is an area that previously had been resistance back on the 14th of June and is starting to cause a little bit of market-memory-led resistance. Pullbacks at this point in time, more likely than not, will attract value hunters. I'm particularly interested in the 0.70 level. We'll see if that holds as...

Market context: This update is relevant to AUD traders, with AUDUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.