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Crude oil prices fell nearly 5% on Monday, starting the month off on a sour note. A weak Chinese PMI reading added to already ailing economic growth prospects, dragging sentiment despite a tightly ...
AUD/USD rose to its post-wedge target overnight as the US Dollar weakened despite a drop in US equity indexes. The RBA and Nancy Pelosi's Taiwan visit present risks to market sentiment.
The US Dollar saw broad weakness this past week. The DXY Index, GBP/USD and USD/JPY are at key levels that may break or hold in the week ahead.
A two-week Aussie rally off downtrend support is testing the first major level of resistance- inflection risk. Levels that matter on the AUD/USD weekly technical chart.
US Dollar snapped a three-week winning streak with DXY reversing more than 1.5% off technical resistance. Key levels on the weekly technical chart heading into FOMC.