Technical My Tips

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AUDUSD briefly broke above 0.7020 before settling back between both EMAs, where momentum has cooled and the pair now drifts sideways. If the price holds below 0.7020, we could see it consolidate within the 0.6910–0.7020 range for a while. A daily close above that level, however, could clear the way for a move toward the next resistance at 0.7150. Would you buy or sell AUDUSD?

Fed weeks can move markets fast, but experienced traders know the first reaction isn’t always the real move. From inflation data to the Fed press conference, every stage can shift market direction. 📊 Explore what traders watch before, during, and after the announcement. Keep earning with us ➡️ https://tlt.ink/xmbro

🗓️ Here are the important upcoming news events that could affect your trading. 👉 Learn more: https://bit.ly/attexness

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These are the biggest events to watch this week: Inflation data will dominate the coming week with the highlight being the UK’s CPI report, followed by Canada’s. The European Central Bank will also grab the limelight as it meets on Thursday to decide whether to hike interest rates again. With Mideast tensions flaring up recently, the July PMI business surveys will be watched out of the Eurozone, UK and US. Stay ahead of the markets. See the full Economic Calendar here: https://tlt.ink/xmbro