AUDUSD violates key support zone Bearish pressures could persist in short-term AUDUSD’s short-term upward pattern is under threat as it faces the risk of closing below the October support trendline at 0.6500, following another rejection near its exponential moving averages (EMAs). Technical indicators suggest the bears are in control as the RSI is decelerating below its […]
Aug 01, 2024
Will US Nonfarm Payrolls Steal The Show This Week?
US nonfarm payrolls to be released on Friday, 12:30 GMT Analysts estimate softer employment conditions in July Gold might push for an uptrend resumption if jobs data disappoint Will July’s NFP report be a game-changer? Friday’s nonfarm payrolls report will not be the last before September’s FOMC policy meeting, but it will be the first release […]
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