AUD/USD chart - Trading View
AUD/USD was trading 0.40% lower on the day at 0.6438 at around 04:10 GMT.
A resurgent US dollar demand across the board and cautious market sentiment keep the pair subdued.
The pair has paused four straight sessions of upside at 61.8% Fib, but upward trajectory remains intact.
Price action has shown a decisive breakout at cloud and 55-EMA resistance, confirming upside in the pair.
Stochs and RSI support upside and volatility is rising as evidenced by widening Bollinger bands.
Analysis of GMMA indicator shows major trend is neutral, while minor trend is bullish.
Next major hurdle above 61.8% Fib lies at 110-EMA at 0.6505. Bullish invalidation only below cloud.
Key catalysts to watch out:
Today's U.S. Consumer Confidence, Wednesday’s U.S. FOMC, GDP and Aussie CPI, Thursday’s Chinese official PMI data and U.S. jobless claims and Friday's U.S. ISM Manufacturing PMI.


U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
FxWirePro: GBP/NZD steadies around 2.3640 ,retains bid tone
2025 Market Outlook: Key January Events to Watch
Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios
China’s Growth Faces Structural Challenges Amid Doubts Over Data
FxWirePro- Woodies Pivot
FxWirePro: USD/CNY firms slightly, but downward resumption looks likely
FxWirePro: GBP/USD retreats as traders await US and UK inflation data
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
FxWirePro: GBP/AUD consolidating around 1.8980, room for further gains
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
FxWirePro: GBP/NZD uptrend loses momentum but bullish setup remains
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
S&P 500 Relies on Tech for Growth in Q4 2024, Says Barclays
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
UBS Predicts Potential Fed Rate Cut Amid Strong US Economic Data 



