AUD/USD has pulled back slightly but remains bullish above key indicators, with RBA expectations supporting a potential rebound toward 0.6700.
About Crispus Nyaga
Crispus Nyaga is a financial analyst, coach, and trader with more than 8 years in the industry. He has worked for leading companies like ATFX, easyMarkets, and OctaFx. Further, he has published widely in platforms like SeekingAlpha, Investing Cube, Capital.com, and Invezz. In his free time, he likes watching golf and spending time with his wife and child.
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GBP/USD remains stable above key trend indicators despite recent pullbacks, with a bullish bias intact while resistance at 1.3460 and support at 1.3300 define direction.
EUR/USD remains bullish above key trend levels after the ECB decision, with momentum indicators and a bullish flag pattern pointing toward 1.1800.
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AUD/USD remains supported near 0.6600, with rising inflation expectations in Australia boosting the bullish case toward 0.6685–0.6700.
GBP/USD trades near support ahead of the BoE decision, with signals favoring a rise toward 1.3500 unless the pair breaks below 1.3300.
EUR/USD is stuck near key resistance as markets await the ECB decision, with signals favoring a breakout toward 1.1850 or a drop to 1.1650.
BTC/USD remains under pressure near $87,000 as bearish technical signals, weak ETF flows, and global rate hike fears point to a potential drop toward $80,650.
GBP/USD jumped to its highest level since October as traders anticipate a soft UK inflation print and potential BOE rate cut, following weak jobs data from both the UK and US.
EUR/USD rose toward its highest level since September, buoyed by weak US job data and expectations that the ECB will hold rates steady ahead of key inflation figures.
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The AUD/USD pair has pulled back slightly but remains above key support, with technical indicators and macro data positioning it for a likely rebound to recent highs.
BTC/USD has broken key support levels, confirming a bearish flag breakdown as traders brace for US NFP data and a possible BoJ rate hike, with $80,000 now in sight.
The EUR/USD pair surged to its highest level since October as traders anticipate the ECB rate decision and US non-farm payroll data, with bullish technicals targeting 1.1850.
