AUD/USD Technical: Bulls have failed to break above the 0.6570 resistance
AUD/USD lack of strength below 0.6570 may see further short-term weakness despite more stimulus policies from China.
Source: marketpulse.com
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EUR/AUD bearish breakdown supported by additional China fiscal stimulus and AU inflation
EUR/AUD bearish breakdown due to weak Eurozone PMI, China additional fiscal stimulus and renewed Australia inflationary pressures.
Source: marketpulse.com
China equities maintain short-term bullish momentum ex-post Politburo and FOMC
China equities and its proxies (the Hang Seng Indices) have started to show short-term bullish momentum behaviour ex-post Politburo & FOMC
Source: marketpulse.com
AUD/USD Technical: Rebounded right at 200-day moving average
Recent slide of AUD/USD has managed hold at the key 200-day moving average with bullish short-term momentum
Source: marketpulse.com