AUDUSD MONTHLY CHART COULD TARGET 0.79442 FX WINDOW AUD/USDOANDA:AUDUSDShavyfxhubAUDUSD closed the exchange rate on Friday at 0.72024 across all banks globally. the monthly chart have upside potential with possibility of target in the zone of 0.79442. the key parameters to watch after the last FOMC( federal open market committee ) last monetary policy meeting to keep rate the same at 3.5%-3.75%. (1) the head of RBA( reserve bank of Australia) is Michele bullock RBA cash rate =4.10% the next update will be may 5th consumer price index 4.6% the next update is 27 may AU10Y(Australian government 10 year treasury bond yield = 5.015% the head of federal reserve=Jerome H. Powell currently serves as the Chair of the Federal Reserve Board (often called the "head of the Fed"), a role he has held since February 5, 2018, with his second term originally set to end May 15, 2026. He also chairs the Federal Open Market Committee, directing U.S. monetary policy. President Trump nominated Kevin Warsh as the next successor . the fed rate =3.5%-3.75% US10Y(united state 10 year treasury bond yield =4.372% the interest rate differential=0.6%-0.35% favor AUD long the bond yield differential=0.643 favor AUD long UIP(Uncovered Interest Parity is a key forex theory stating that the difference in interest rates between two countries equals the expected change in their exchange rate. It assumes no arbitrage opportunities exist without hedging, so higher interest rates in one country lead to currency depreciation to offset the yield advantage. With RBA at 4.10% versus a lower US Fed funds rate 3.5%-3.755, UIP implies downward pressure on AUDUSD unless offset by other factors like commodity prices or risk sentiment. Empirical UIP often fails short-term due to risk premiums, but it guides long-term expectations in pairs like AUDUSD. Australia economy is commodities linked and as long as key commodities like GOLD ,SILVER ,COPPER IRON AND ALUMINIUM stays bullish we could see that the market structure long bias will continue. the carry trade advantage= AUDUSD go long Carry traders are investors—often hedge funds, banks, or retail forex participants—who borrow in low-interest-rate currencies and invest in higher-yielding ones to capture the interest rate differential, known as the "carry". They profit primarily from the daily interest swap (rollover) in forex: when long a high-rate pair like AUDUSD (RBA at 4.10%), they earn the positive spread over the funding currency's rate Secondary gains come if the high-yield currency appreciates, but the core return is the carry itself, amplified by leverage. Risks and Context Profits erode if the high-yield currency depreciates sharply (violating UIP expectations from prior discussion), prompting "unwinds" during risk-off events. In today's environment, with RBA rates elevated versus potentially lower US rates, AUDUSD carry trades remain attractive for patient holders monitoring central bank paths. the market structure=the market structure on monthly have a clear long confirmation after the break and retest of monthly supplyroof ,this exchange trajectory could target 0.79442 this year ,as long the feds dont tamper with rates,and if they cut rates ,hold AUDUSD long to the moon,. the economic dockets= RBA AUD next policy outlook will be on may 5th RBA RBA inflation may 27th next update meeting federal reserve economic dockets 5/4 1:00 p.m. CP - Commercial Paper 2:00 p.m. Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) 4:15 p.m. H.10 - Foreign Exchange Rates H.15 - Selected Interest Rates Tue 5/5 10:00 a.m.Event - Vice Chair for Supervision Michelle W. Bowman 12:30 p.m. Discussion - Governor Michael S. Barr 1:00 p.m.CP - Commercial Paper Wed5/6 1:00 p.m.CP - Commercial Paper Thu5/71:00 p.m.CP - Commercial Paper 3:00 p.m.G.19 - Consumer Credit 4:15 p.m.H.15 - Selected Interest Rates 4:30 p.m. H.4.1 - Factors Affecting Reserve Balances GOODLUCK AND SEE YOU AT THE TOP. #AUDUSD #AU10Y #US10Y