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Key Points
- U.S. President Trump stated that “he received reports that the EU has reached out to quickly schedule talks,” calling it “a positive development.”
- The Japanese yen strengthened as speculation grows that the Ministry of Finance may reduce the issuance of long-term government bonds.
- The U.S. CB Consumer Confidence Index came in at 98, significantly beating market expectations of 87.1.
Major Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Core PCE Price Index
AUDUSD Chart Analysis
The pair is currently showing limited movement between the 0.64000–0.65000 range, suggesting a wait-and-see market stance. However, as higher lows are being formed, a potential upward trend appears likely. The projected resistance level is around 0.69000. Unless the price breaks below the support line at 0.63000, we will continue to view the outlook as bullish.
Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- U.S. President Trump stated that “he received reports that the EU has reached out to quickly schedule talks,” calling it “a positive development.”
- The Japanese yen strengthened as speculation grows that the Ministry of Finance may reduce the issuance of long-term government bonds.
- The U.S. CB Consumer Confidence Index came in at 98, significantly beating market expectations of 87.1.
Major Economic Events This Week
+ May 28: FOMC Meeting Minutes
+ May 29: U.S. Q1 GDP
+ May 30: U.S. April Core PCE Price Index
AUDUSD Chart Analysis
The pair is currently showing limited movement between the 0.64000–0.65000 range, suggesting a wait-and-see market stance. However, as higher lows are being formed, a potential upward trend appears likely. The projected resistance level is around 0.69000. Unless the price breaks below the support line at 0.63000, we will continue to view the outlook as bullish.
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.
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.