AUD/USD is trading at 0.66589, 0.13% down since previous day close. The Aussie slid down after Reserve Bank of Australia (RBA) left an interest rate unchanged at 4.10% against the market expectation of 25bps rate hike. However, this may remain short-lived since the effect is induced from an event. On broader scale, optimism builds-up over Chinese stimulus measures which may remain supportive for AUD/USD since Australia & China are the trading partners. Globally, the mixed USD amid upcoming U.S NFP data release event & less hawkish future monetary stance may support the other currencies. As seen in the chart, a cluster support seems to be forming in AUD/USD & hence, the cautious trading may be seen.

US30 is trading at 35692.3, 0.23% up since previous close. The buying pressure can be seen in U.S markets as tech companies posted better quarter earnings & also, the traders remain hopeful towards progress in Chinese stimulus talks. Last week, the FOMC hiked an interest rate by 25bps as expected & stated the lesser possibility of recession hitting U.S economy. This widely cushioned the index US30. Besides this, the market will be looking forward to the result of U.S Non-farm Payroll data release later in this week. The outcome of PMI figures will remain vital for the day. Buying on lower levels may be suggested in US30 since the index is firmly trading above the key resistance of previous highs & the ADX line started moving up along with higher +DI line.

Gold is trading at $1960.76, 0.09% up since previous close. The Gold is trading flat to higher side against the mixed USD ahead of the U.S Non-farm Payroll data release event which is due later in this week. Last week, the Fed hiked an interest rate by 25bps leading to 5.50% from the range of 5.25%; as expected & hinted for a one more rate hike later in this year which pushed up the precious metals. The Bank of Japan (BoJ) maintained an interest rate steady at -0.10%; however, hinted for dovish stance in future course of time which turned out to be positive for safe haven instruments. As seen in the chart, the Gold is consistently trading within the range of Moving Averages & hence, either side breakout can be suggested.