24/7 SUPPORT
Download App
Search
Popular Search
Published: 4 November 2025,06:20
Daily Market Analysis New
Key Takeaways:
*Markets assign a near-99% probability of a policy pause as the central bank balances persistent inflation against resilient domestic demand.
*The Australian dollar holds firm near 0.6530, supported by the RBA’s data-dependent stance and sticky services inflation.
*With the hold decision priced in, traders will parse Governor Bullock’s remarks for clues on inflation tolerance and the potential for further tightening.
Market Summary:
The Reserve Bank of Australia is widely expected to maintain its official rate at 3.60% at today’s meeting, with interbank futures implying a near-99% probability of a pause. The Australian dollar remains a notable performer, with AUD/USD consolidating around the 0.6530 level despite broader U.S. dollar strength. This resilience is underpinned by the central bank’s entrenched hawkish posture and a recent inflation report that surprised markets to the upside, complicating the disinflationary narrative.
The currency’s firmness reflects market confidence in the RBA’s data-dependent commitment to a sufficiently restrictive policy setting. Under Governor Michele Bullock, the Board has signaled a clear reluctance to entertain rate cuts while services inflation remains stubbornly elevated and the labour market continues to demonstrate remarkable tightness. Recent economic indicators, including robust retail sales and stronger-than-anticipated wage growth, further justify this cautious stance and argue forcefully against any premature policy easing.
With a hold decision so overwhelmingly priced into asset values, the immediate market reaction to the announcement itself is likely to be subdued. Consequently, the primary focus for traders and analysts will be intensely focused on the nuances of the accompanying Statement on Monetary Policy and, more critically, the tone struck by Governor Bullock in the subsequent press conference. Scrutiny will fall on any changes in the Board’s assessment of the inflation outlook and its tolerance for a slower return to the target band.
A firm reiteration of the bank’s hawkish bias, particularly an emphasis on the willingness to tighten policy further if needed, would likely extend support for the Australian dollar, potentially catalyzing a test of nearby resistance levels. Conversely, any deviation toward a more balanced or cautious outlook, such as highlighting increased concerns over consumption growth, would likely temper the currency’s recent strength and could trigger a swift repricing of forward rate expectations.
The EUR/AUD pair is exhibiting a bearish technical structure, having undergone a corrective phase following the completion of a double-top pattern near the 1.8100 resistance level. The sell-off has subsequently found a firm base around the critical support zone of 1.7570, where a triple-bottom formation is currently under scrutiny.
This support level represents a pivotal technical juncture for the pair. A sustained break below 1.7570 would constitute a significant bearish signal, suggesting a failure of the current consolidation and potentially triggering a more pronounced downtrend as it would confirm a breakdown below the triple-bottom support.
Momentum indicators align with this cautious outlook. The Relative Strength Index (RSI) remains entrenched below the 50 mid-line, reflecting persistent bearish momentum. Concurrently, the Moving Average Convergence Divergence (MACD) histogram is flat but trades below its zero line, corroborating the negative near-term bias. The pair’s direction will likely be determined by its ability to defend the 1.7570 support, with a breach opening the path for further downside.
Resistance level: 1.7670, 1.7820
Support level:1.7477, 1.7255
Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.
Sign up for a PU Prime Live Account with our hassle-free process.
Effortlessly fund your account with a wide range of channels and accepted currencies.
Access hundreds of instruments under market-leading trading conditions.
Trading Platforms
Learn
About PU Prime
Corporate
Important Notice to Visitors
Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.
By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.
Important Notice
Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.
This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.
We appreciate your understanding and cooperation.
If you believe this restriction has been applied in error, please contact our support team for further assistance.
Dear Valued Client,
As part of PU Prime’s ongoing commitment to providing a stable and reliable trading environment, please be informed of the following weekly weekend scheduled optimisation activities:
We sincerely apologise for any inconvenience this may cause as we strive to provide you with better service. PU Prime is committed to providing you with the best trading experience and this Weekly Scheduled Optimisation Notice will enable us to ensure that you trade without any unexpected interruptions.
For other upgrades that may involve longer disruptions to your trading, we will announce them ahead of time in a separate announcement.
Important Notice:
Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.
Important Notice:
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Aviso importante:
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
