AUDUSD trend forecast December 27, 2024
The AUD/USD pair extends its losing streak to a fifth day, trading near 0.6220 during Friday’s Asian session. The decline follows support for the US Dollar (USD) from expectations of fewer rate cuts by the Federal Reserve, which recently reduced rates by a quarter point and projected only two cuts in 2025 instead of four.
The US Dollar Index (DXY) remains strong above 108.00, just below its highest point since November 2022. However, the USD’s gains may be limited by subdued US Treasury yields, with the 2-year and 10-year yields at 4.32% and 4.57%, respectively.
Long term time frame support, will help AUDUSD recover in the near future in the end of the year
/// BUY AUDUSD : zone 0.62050- 0.61950
SL: 0.61750
TP: 50 - 70 - 100pips (0.62950)
Safe and profitable trading
The AUD/USD pair extends its losing streak to a fifth day, trading near 0.6220 during Friday’s Asian session. The decline follows support for the US Dollar (USD) from expectations of fewer rate cuts by the Federal Reserve, which recently reduced rates by a quarter point and projected only two cuts in 2025 instead of four.
The US Dollar Index (DXY) remains strong above 108.00, just below its highest point since November 2022. However, the USD’s gains may be limited by subdued US Treasury yields, with the 2-year and 10-year yields at 4.32% and 4.57%, respectively.
Long term time frame support, will help AUDUSD recover in the near future in the end of the year
/// BUY AUDUSD : zone 0.62050- 0.61950
SL: 0.61750
TP: 50 - 70 - 100pips (0.62950)
Safe and profitable trading
Trade active
+ more than 20 pips , signal BUY AUDUSD Trade closed: target reached
+ 45 pips , great signal BUY AUDUSD , correct trend 
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💠 Trend analysis: XAU, BTC, Currency,...
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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.
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.