AUD/USD bulls resurface, test long-term resistance. Short-term risk titled to the upside. Buyers need a close above 0.6600. AUD/USD drifted higher following last Friday’s downbeat US Nonfarm Payrolls, exiting a break consolidation pause to stretch directly to the 0.6600 level, where July’s bullish attempt had previously stalled. Notably, a long-term resistance trendline drawn from the […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…