By his words, they are taking the view that it is more important to counter inflation pressures than to provide a cushion for the economy. That speaks to added conviction to hike further next month and perhaps even in September.
This article was written by Justin Low at www.forexlive.com.
AUDUSD Technical Analysis –
Daily Timeframe
On the daily chart, we can see that AUDUSD has
pulled back into the blue 8 moving average as it
generally happens when the price rallies too far from the moving average. The
price is now back at the previous resistance that now may turn
support. All else being equal, we can expect the pair to continue the bullish
trend.
AUDUSD Technical Analysis –
4 hour Timeframe
On the 4 hour chart, we can see that the price
recently broke out of the rising channel and sold off into the 0.6781 support. The red
21 moving average was acting as dynamic support for the buyers that kept on
leaning on it for their entries. Now that the moving averages have crossed to
the downside, we might have an early signal of a change in trend, so this is
something to keep an eye on.
AUDUSD Technical Analysis –
1 hour Timeframe
On the 1 hour chart, we can see that from
a risk management perspective, a good level for the sellers would be the
resistance at 0.6835 where we can also find the 61.8% Fibonacci
retracement level, the red 21 moving average and the trendline. The
stop would be a bit above the trendline and the target the 0.6781 support first
and ultimately a breakout with more lower lows. The buyers, on the other hand,
may lean on this 0.6781 support to target a new higher high or wait for the
price to break above the trendline to pile in and target the 0.70 handle.
This week
the market is likely to focus on the US Jobless Claims on Thursday and US PMIs
on Friday with some Fed speakers also on the agenda including Fed Chair Powell,
who’s going to testify to Congress on Wednesday and Thursday.
This article was written by FL Contributors at www.forexlive.com.
Looking at the details, building construction decreased by 0.6% while civil
engineering increased by 0.4% on the month as overall activity remains on the softer side still.
This article was written by Justin Low at www.forexlive.com.
Meyer Burger ist der einzige Solarzellenhersteller, der noch in Europa produziert. Doch auch dessen CEO Gunter Erfurt denkt darüber nach, das Geschäft verstärkt in die USA zu verlagern.
MTU rechnet mit mehr Gewinn +++ Sartorius senkt Prognosen: Zweites Halbjahr wird nicht besser +++ Die Geschäftszahlen des Tages.
Der schwedische Konzern will Europas größter Batteriehersteller werden. Durch das Investment des kanadischen Pensionsfonds kann Northvolt die Produktion weiter ausbauen.
Am Dienstagmorgen haben sich das Unternehmen der Transdev-Gruppe und die EVG auf eine Lohnerhöhung von 420 Euro geeinigt. Hinzu kommt eine Inflationsausgleichsprämie von bis zu 1400 Euro.
Der französische Konzern ist demnach nicht verpflichtet Boehringer für mögliche Verluste mit dem Medikament Zantac zu entschädigen. Die Entscheidung sei endgültig und unanfechtbar.
Ab dem Nachmittag dürfte es neuen Schwung in Frankfurt geben. Die US-Börsen öffnen nach einem Feiertag wieder. Und die Lage an der Wall Street ist schwierig.