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Author: Arthur (Arthur )

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AUD/USD Retreats Toward 0.6970 After Failing to Clear 38.2% Fib Resistance

The AUD/USD pair remains under renewed selling pressure, declining toward the 0.6970 support area during the Asian session after failing to achieve a sustained breakout above the 0.7000 psychological level. The rejection from higher levels confirms that short-term bullish momentum has weakened, with sellers regaining control after the pair repeatedly failed to clear the 38.2%...

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AUD/USD Retreats Toward 0.6970 After Failing to Clear 38.2% Fib Resistance 

The AUD/USD pair remains under renewed selling pressure, declining toward the 0.6970 support area during the Asian session after failing to achieve a sustained breakout above the 0.7000 psychological level.  The rejection from higher levels confirms that short-term bullish momentum has weakened, with sellers regaining control after the pair repeatedly failed to clear the 38.2%...

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EUR/JPY Maintains Position Above Nine-Day EMA Near 186.00 

The EUR/JPY cross is trading around 186.20 during the Asian session on Tuesday, extending its recovery after two consecutive losing sessions. In the accompanying article, Rubinax’s brokers provide a detailed analysis of this topic.  Despite the recent pullback, the cross continues to trade above the nine-day Exponential Moving Average (EMA) at 186.01 and the 50-day...

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Gold Falls as Stronger USD Gains on Geopolitical Support Ahead of FOMC

Gold (XAU/USD) remained under selling pressure during Tuesday’s Asian session, extending the previous day’s rejection from the $4,100 resistance area and falling below $4,050, effectively closing the weekly bullish gap. The move reflects persistent USD strength, supported by ongoing geopolitical risks, while investors remain cautious ahead of the highly anticipated Federal Open Market Committee (FOMC)...