AUD/USD chart - Trading View
AUD/USD was trading largely muted at 0.6366 at around 09:15 GMT, with session high at 0.6381 and low at 0.6337.
Price action hovers around 55-EMA and decisive break above will confirm upside bias.
The pair has edged higher from session lows as it consolidates break out of daily cloud.
RSI is above 50 and biased higher and Stochastics show a bullish momentum.
Analysis of the GMMA shows major trend is neutral and minor trend is showing a bullish shift.
Energy rout and risk-off market sentiment keeping the major subdued. Range trade could extend for now.
Decisive breakout at 55-EMA could change near-term dynamics. Next hurdle lies at 61.8% Fib at 0.6455 ahead of 110-EMA at 0.6506.
5-DMA is immediate support at 0.6334. Break below 21-EMA will see downside resumption.


Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
Ethereum Joins the Rally: ETH Reclaims USD 2,100 Following Bitcoin's Lead
European Stocks Rally on Chinese Growth and Mining Merger Speculation
Aussie Ascent: AUDJPY Reclaims 110.00 as Bullish Momentum Ignites
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
FxWirePro: EUR/ NZD consolidating around 2.0200, room for further gains
Global Markets React to Strong U.S. Jobs Data and Rising Yields
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
2025 Market Outlook: Key January Events to Watch
Lithium Market Poised for Recovery Amid Supply Cuts and Rising Demand
Bank of America Posts Strong Q4 2024 Results, Shares Rise
NZDJPY Bearish Breakdown: Why Selling the Rallies is the Strategic Play
FxWirePro- Major Pair levels and bias summary
Bitcoin Resilience: BTC Reclaims USD 69,000 as Geopolitical Tensions Ease
FxWirePro: EUR/AUD eases as market awaits Iran deadline 



