EURUSD stretched its upside movement towards the descending trend line and the 50-day simple moving average (SMA) near 0.9900 but is quickly returning those gains. The MACD is holding above its trigger and zero lines in the negative region, while the RSI is ticking slightly lower around the 50 level, confirming the recent downside momentum. […]
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Key takeaways Macro risks and policy divergence in focus: Markets are bracing for the Reserve Bank of Australia rate decision, while strong US data reinforces a “higher-for-longer” Fed stance. Meanwhile, escalating US–Iran tensions have pushed Read more…
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