Technical Weekly Review: USD Index (DXY), EUR/USD, AUD/USD, Gold, Oil, and Bitcoin

The US Dollar Index holds above 104.00 amid Fed rate cut speculation but faces resistance near 105.50-106.00. EUR/USD consolidates below 1.0900, balancing ECB and Fed outlooks. AUD/USD is testing key support around 0.6400 as risk sentiment wavers. Gold remains range-bound near $2,000, reflecting cautious investor stance. Oil prices continue to react to global supply cues and demand outlooks. Bitcoin shows resilience near $30,000 but awaits clear directional signals.

Insights primarily drawn from Matt Weller’s FOREX.com analysis, supplemented by IG.com and DailyFX.com. Market participants should watch key macro data and central bank commentary this week for guidance.

AUD/USD rises as softer US PMI data dampens growth outlook and Fed rate hike expectations ease. Meanwhile, the RBA’s cautious hawkish stance keeps Australian yields attractive, supporting the AUD amid resilient domestic labor and inflation data.