AUDUSD threatens further upside pressure following its price reversal on Friday. On the downside, support comes in at the 1.6750 level. A cut through here will turn focus to the 0.6700 level and then the 0.6700 level. A violation will set the stage for a retarget of the 0.6650 level...
The House began the public phase of the impeachment inquiry this week with hearings featuring three witnesses from the State Department. All three gave testimony that generally supports the rationale behind House Democrats' push to impeach President Trump...
The move looks surprising at first sight, as market participants would expect upcoming US – China phase one trade deal signature along with a partial tariffs rollback to ease tensions between both nations, a trend that should ultimately support economic activity...
Pivot (invalidation): 13198.00 Our preference Long positions above 13198.00 with targets at 13275.00 & 13310.00 in extension. Alternative scenario...