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• AUD/USD firmed on Monday as hawkish RBA sentiment and surging commodity prices supported Australian dollar.
• Silver climbed above the $80-per-ounce-mark for the first time before sliding sharply lower in volatile trading on Monday.
• Copper prices continue to hover near record highs amid growing concerns over feedstock supply constraints into 2026.
• Looking ahead, attention turns to China’s December manufacturing PMI , along with U.S. jobless claims due Wednesday, which may provide the next directional catalyst.
• Immediate resistance is located at 0.6728(23.6%fib), any close above will push the pair towards 0.6735(Higher BB).
• Support is seen at 0.6699 (Dec 26th low) and break below could take the pair towards 0.6638 (38.2%fib).
Recommendation: Good to buy around 0.6710, with stop loss of 0.6650 and target price of 0.6780
