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Key Points
- White House spokesperson Caroline Leavitt stated, “The ball is in China’s court, and China needs to negotiate with us,” indicating that the U.S. expects China to come to the negotiation table first.
- In its first tariff talks with the United States, the European Union focused on mutual zero tariffs on automobiles and the issue of Chinese steel overcapacity.
- China requested joint action with Australia regarding tariff issues, but Australia refused, emphasizing its intention to reduce dependence on China and strengthen ties with countries like Indonesia, India, and the United Arab Emirates.
Major Economic Events This Week
+ April 16: U.K. March CPI, Eurozone March CPI, U.S. March Retail Sales, Bank of Canada Rate Decision
+ April 17: ECB Rate Decision, Fed Chair Powell’s Speech
+ April 18: Easter
AUDUSD Chart Analysis
Previously, the pair showed strong downward momentum, breaking below the 0.60000 level. However, it successfully rebounded and is now retesting resistance at the 0.64000 level. This area is a strong resistance zone, so a downward move is more likely. If the pair faces resistance as expected, a pullback to the 0.60000 level is anticipated. On the other hand, if it breaks through this resistance, a rise toward the 0.66000 level can be expected.
Please share your personal opinions in the comments. Don’t forget to hit the booster and subscribe.
Key Points
- White House spokesperson Caroline Leavitt stated, “The ball is in China’s court, and China needs to negotiate with us,” indicating that the U.S. expects China to come to the negotiation table first.
- In its first tariff talks with the United States, the European Union focused on mutual zero tariffs on automobiles and the issue of Chinese steel overcapacity.
- China requested joint action with Australia regarding tariff issues, but Australia refused, emphasizing its intention to reduce dependence on China and strengthen ties with countries like Indonesia, India, and the United Arab Emirates.
Major Economic Events This Week
+ April 16: U.K. March CPI, Eurozone March CPI, U.S. March Retail Sales, Bank of Canada Rate Decision
+ April 17: ECB Rate Decision, Fed Chair Powell’s Speech
+ April 18: Easter
AUDUSD Chart Analysis
Previously, the pair showed strong downward momentum, breaking below the 0.60000 level. However, it successfully rebounded and is now retesting resistance at the 0.64000 level. This area is a strong resistance zone, so a downward move is more likely. If the pair faces resistance as expected, a pullback to the 0.60000 level is anticipated. On the other hand, if it breaks through this resistance, a rise toward the 0.66000 level can be expected.
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cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.