AUD/USD

AUD/USD Weekly Outlook: Resistance Holds Firm as Market Awaits Breakout Trigger

AUD/USD faces mixed signals this week after last week’s volatility capped by resistance near 0.6713. Price remains trapped in a symmetrical triangle between 0.6461 and 0.6713 as bulls and bears await a catalyst. Key supports at 0.6642 and 0.6580 hold for now, while RSI and MACD suggest fading bullish momentum. Watch for a decisive break above 0.6713 or below 0.6461 to set next trend direction amid ongoing USD strength and cautious risk sentiment. #Forex #AUDUSD #TechnicalAnalysis

USD/CAD

Elliott Wave Perspective: Unveiling the S&P 500’s Market Trajectory as of December 8, 2025

The Elliott Wave analysis of the S&P 500 as of December 8, 2025, highlights that the index may be completing the final leg (Cycle Wave V) of a long-term bullish impulse that began in 2009. Following record highs throughout 2025 despite macro risks, smaller wave patterns suggest a major correction could be approaching after this final wave concludes. Skilled traders should watch for signs of a trend reversal as markets rarely climb forever.

AUD/USD

**”AUD/USD Weekly Outlook: Resilience Amid USD Strength – Technical Levels to Watch”**

AUD/USD showed resilience this week, bouncing from support near 0.6580 amid mixed economic signals and Fed hawkishness. Technicals suggest a range-bound battle between 0.6468 support and 0.6713 resistance, with momentum indicators hinting at a possible shift. Watch for a break above 0.6713 to confirm recovery or renewed selling if resistance holds. Key drivers remain US rate outlook, Chinese demand, and RBA guidance. Stay tuned for evolving dynamics. #Forex #AUDUSD #ForexAnalysis

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