As Trump’s tariff regime goes on trial, Macquarie says all eyes on USD

AUD/USD retreated after edging higher to 0.6511 last week, but downside is contained above 0.6364 support so far. Initial bias stays neutral this week first. On the upside, break of 0.6511 will resume the rally from 0.5913 to 61.8% retracement of 0.6941 to 0.5913 at 0.6548. However, considering bearish divergence condition in 4H MACD, break…

Adding Positions to Winning trades. In this Article we will focus on how to add more positions to a winning trade going in your direction. Source link

The session is not over yet for NZD and AUD traders, who have immediate data to digest before the Thanksgiving lull hits North American markets. NZD traders are bracing for the Retail Sales (Q3) release, which is imminent. With the RBNZ having just cut rates, this data will confirm if consumer spending is finally stabilizing….

EUR/USD gyrated lower to 1.1582 last week but rebounded strongly from there. Late breach of 1.1729 resistance suggests that rise from 1.1390 is resuming. Initial bias is now on the upside this week for retesting 1.1819 high first. Firm break there will resume larger up trend. For now, risk will stay on the upside as…