AUDUSD trend forecast December 30, 2024
The AUD/USD pair trades near 0.62400 during the early Asian session on Monday, maintaining a positive tone. However, upside potential may remain capped as markets absorb the Federal Reserve's (Fed) hawkish stance. With the final week of 2024 ahead, trading is expected to stay muted.
Following a quarter-point rate cut in December, the Fed’s Dot Plots now signal only two cuts for 2025. Fed Chair Jerome Powell emphasized caution regarding further rate reductions. This hawkish outlook supports the US Dollar, potentially limiting gains for AUD/USD
Monday has no important news impact, waiting for SELL entry from strong resistance zone
/// SELL AUDUSD : zone 0.62500- 0.62600
SL: 0.62800
TP: 40 - 60 - 80pips (0.61800)
Safe and profitable trading
The AUD/USD pair trades near 0.62400 during the early Asian session on Monday, maintaining a positive tone. However, upside potential may remain capped as markets absorb the Federal Reserve's (Fed) hawkish stance. With the final week of 2024 ahead, trading is expected to stay muted.
Following a quarter-point rate cut in December, the Fed’s Dot Plots now signal only two cuts for 2025. Fed Chair Jerome Powell emphasized caution regarding further rate reductions. This hawkish outlook supports the US Dollar, potentially limiting gains for AUD/USD
Monday has no important news impact, waiting for SELL entry from strong resistance zone
/// SELL AUDUSD : zone 0.62500- 0.62600
SL: 0.62800
TP: 40 - 60 - 80pips (0.61800)
Safe and profitable trading
Trade active
AUDUSD price is stagnant, waiting to hit SELL PLAN day entryTrade closed: target reached
The price is a little short of reaching the SELL AUDUSD entry( 0.62500 ) 
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MOON | Forex Academy hopes to bring the best experience to the Forex community
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
💠 FREE SIGNAL
💠 Update the fastest news
💠 Trend analysis: XAU, BTC, Currency,...
💠free channel:
" t.me/+FK9DbU7tLiJiNDJl "
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.