Fed May Resume Rate Hikes: BofA Analysts Outline Key Scenarios 
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift? 
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure 
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty 
U.S. Banks Report Strong Q4 Profits Amid Investment Banking Surge 
European Stocks Rally on Chinese Growth and Mining Merger Speculation 
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close 
China's Refining Industry Faces Major Shakeup Amid Challenges 
Geopolitical Shocks That Could Reshape Financial Markets in 2025 
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures 
AUD/JPY chart - Trading View
AUD/JPY is extending winning streak for the 4th consecutive session, hits 8-week high at 69.38.
The pair is showing a breakout at 55-EMA resistance which has been capping upside since 2 weeks.
Momentum studies are bullish, price action has edged above daily cloud and 55-EMA breakout reinforces upside bias.
Aussie has largely ignored downbeat China’s Industrial Profits data and remains buoyed amid risk reset across markets.
The pair is on track to test 61.8% Fib at 70.17 and further upside is seen only above 110-EMA (70.59).
On the flipside, failure to hold above 55-EMA negates any bullish bias. Retrace below 21-EMA will see downside resumption.
Support levels - 68.88 (55-EMA), 67.97 (21-EMA), 67.65 (20-DMA)
Resistance levels - 70.17 (61.8% Fib), 70.35 (21W EMA), 70.59 (110-EMA)
Guidance: Good to go long on dips around 68.85/68.90, SL: 68.40, TP: 70.15/ 70.35
