Daily Pivots: (S1) 1.7223; (P) 1.7295; (R1) 1.7385; More… Intraday bias in EUR/AUD remains on the upside for retesting 1.7417 high. Firm break there will resume larger up trend, and target 61.8% projection of 1.6355 to 1.7417 from 1.7047 at 1.7703. For now, risk will stay on the upside as long as 1.7047 support holds, […]
The post EUR/AUD Daily Outlook appeared first on Action Forex.
US equity markets tumbled due to President Trump’s tariff proposals, raising global growth concerns. Federal Reserve Chair Jerome Powell acknowledged tariffs’ impact, emphasizing monitoring inflation and waiting for more data. The upcoming week focuses on Read more…
Canadian Highlights Canada initially appeared to have dodged tariffs on Trump’s Liberation day. But still facing three separate tariff actions, Canada’s effective tariff rate is close to 10%. Canada’s job market is already starting to Read more…
Data in the coming week will be watched closely for impact from trade headwinds to prices in Canada and the U.S., following recent tariff announcements and progressively softening sentiment data. It is still likely too Read more…