Australian Dollar Price Forecast: The positive outlook remains in place
The Australian Dollar (AUD) keeps grinding higher on Tuesday, pushing AUD/USD to the area of fresh three-month highs around 0.6650.

The Australian Dollar (AUD) keeps grinding higher on Tuesday, pushing AUD/USD to the area of fresh three-month highs around 0.6650.
Gold prices retreat slightly to $4176 amid US dollar strength and Fed uncertainty, but technicals remain bullish with traders eyeing $4300–$4340 on a breakout.
EUR/USD trades within an ascending channel near 1.1650, awaiting direction from key US jobs data and the Fed’s rate decision, with technical indicators hinting at a possible bullish continuation.
The EUR/USD pair remains stuck around 1.1630 for a third consecutive day, unable to attract speculative interest.
The S&P 500 hovers near recent highs as traders brace for Wednesday’s Fed decision, with cautious optimism and rate-cut hopes fueling near-term support.
The Nasdaq 100 hovers near recent highs ahead of Wednesday’s expected Fed rate cut, with traders watching closely for dovish signals that could ignite further gains.