The Australian dollar stuck near 0.6300 because the PCE data does not change the moods

Aud/USD trades to the side around the area of 0.6300 after the PCE report in the USA did not provide any grave surprises.
Fed remains cautious; Tariff fears and inflation prospects still dominate the market attention.
Bear pressure lasts technically, with indicators showing almost low -term average movable.

The Australian dollar (AUD) remains non -directional during a Friday American session, and Aud/USD hovers around the zone 0.6300. The US personal consumption price indicator (PCE) did not generate a significant market reaction, because the numbers adapted to expectations, except for the basic PCE, which marked slightly higher than the forecasts. Australian fought to capture the group despite the weaker demand for the American dollar, because caution remains over commercial tensions and uncertain perspectives of the Federal Reserve Policy (FED).

Daily Digest Market Movers: Dollar Australian Staily after a trouble -free printout of the US PCE

AUD/USD continued to hesitantly fluctuated around the 0.6300 zone after issuing the February PCE inflation data, which were fundamentally in accordance with market forecasts.
President San Francisco, Daly, repeated that two stakes cutting are likely in 2025, but emphasized the need for patience as inflation and tariffs evolution.
Wider risk moods were charged by fresh American car tariffs and the upcoming date on April 2 for mutual commercial funds.
The Australian dollar remained sensitive, and the risk appetite softens and demand for safe and sound assets-like golden-inputs of recent ups of all time.
Markets still provide for a reduction in the rate from the FED this year, but low -term plants remain cautious among mixed economic signals.
Hopes for an additional economic stimulus from China helped to limit losses in the Australian, taking into account the robust export connections in Australia with the Chinese market.
Despite the cautious attitude of the Fed, the US dollar was not convicted because traders focused on the risk of macro and geopolitical development.
The American dollar indicator remains constrained below the key resistance of 105.00, and the techniques suggest a range of range in the near future.
Investors’ positioning remains an abbreviation for Aud, and Bearish Bets is built in connection with long -term global uncertainty of trade and inflation.

Technical analysis

The Aud/USD pair tried to find adhesion after PCE data, remaining closed in a narrow range around the 0.6300 zone. While the inflation report did not surprise, the couple still fell, reflecting the persistent bears. The relative strength rate (RSI) further immersed in the lower neutral part, while the histogram of the movable medium convergence (MacD) printed a fresh red strip, strengthening the inheritance risk. Bears signals also appeared from the power and bull power indicators. Short-term 10-day and 20-day average movable now act as immediate resistance, while 100-day and 200-day SMA remain very bear. Key support levels are 0.6295 and 0.6294, while the resistance was recorded at 0.6297 and 0.6303. Without a decisive break, the couple will probably remain constrained in this phase of consolidation until the next week.