Australian Dollar Price Forecast: Rising risks of a deeper pullback
The Australian Dollar (AUD) quickly gave up Wednesday’s gains, slipping back below the 0.6500 mark against the US Dollar (USD) despite the Greenback also struggling.

The Australian Dollar (AUD) quickly gave up Wednesday’s gains, slipping back below the 0.6500 mark against the US Dollar (USD) despite the Greenback also struggling.
Gold (XAU/USD) surged to an all-time high of $4,242 as safe-haven demand rises amid global tensions, Fed rate cut bets, and strong ETF and central bank buying.
The EUR/USD is testing key resistance after forming a potential double bottom, but weak bullish momentum and strong overhead resistance keep bears in control for now.
USD/MYR remains tightly range-bound near 4.2270, with traders watching resistance at 4.2315 and support at 4.2170 as the pair reacts cautiously to broader market noise.
USD/ILS remains near 3.30050 as low post-holiday volume and continued Shekel strength raise the potential for another test of recent lows near 3.27000.
Shiba Inu (SHIB) is holding above key support at $0.00001019, with traders watching for a breakout above $0.00001047 that could spark a short-term rally.