AUD/NZD Forecast: Testing 50 Day EMA – 21 January 2026
The Australian dollar is testing the 50-day EMA against the New Zealand dollar, with traders eyeing a potential rebound toward 1.17 or a breakdown to 1.14.

The Australian dollar is testing the 50-day EMA against the New Zealand dollar, with traders eyeing a potential rebound toward 1.17 or a breakdown to 1.14.
Silver prices continued their aggressive rally on Tuesday, driven by a persistent short squeeze, physical supply concerns, and dollar weakness, with $100 in sight.
Gold (XAU/USD) continues scaling new record peaks for the third consecutive day and climbs further beyond the $4,850 level during the Asian session on Wednesday.
EUR/USD continues to grind higher, extending its winning streak into a second session and pushing up to fresh yearly highs. With momentum still firmly on its side, the pair looks increasingly comfortable eyeing a potential retest of the December peaks just north of 1.1800 the figure.
The AUD/USD’s climb is starting to look more convincing, and it seems likely that it will soon test the 2026 highs in the 0.6760–0.6780 range again.
Spot Gold trades north of $4,750 on Tuesday, clinching yet another record high as risk aversion continues to drive financial markets. The run to safety was once again triggered by the United States (US) President Donald Trump, who keeps battling the world to Make America Great Again.