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

AUD/USD Technical Analysis

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 support on a pullback.

USD/CHF Technical Analysis

The U.S. dollar continues to grind higher against the Swiss franc. It’s had a couple of really good hours over the last 24, and now it finds itself trying to break above the 0.8105 region, an area that’s been somewhat resistant over the last couple of days. If the market can break out from here, it is likely that we go a little bit more bullish at that point. There’ll probably be some FOMO trading. The interest rate differential still pays you to hold this pair to the upside. We’ve had a recent pullback, but looking back several weeks, it’s been a nice uptrend as of late.

USD/CAD Technical Analysis

And the U.S. dollar finds itself trying to rally against the Canadian dollar at an area from a longer-term standpoint, right around the 1.40 level that makes sense to see support. A little bit of a double bottom could be forming. We’ll have to wait and see how that plays out. Higher interest rates in America do get traders paid here to hold it to the long side, but the interest rate differential isn’t massive.

Plus, who knows what’s going to happen in the oil market with the Middle East situation. But this is an area where a lot of technical traders will more likely than not expect to see market memory and a continuation of resistance. A bounce at this point could lead to a nice short-term buying opportunity. In general, I’d watch the U.S. dollar around the Forex world to get a gauge on how it may behave here as well.

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