FxAnalysis

Despite better-than-expected economic data, the Australian Dollar resumed its downtrend following yesterday’s breakdown. Is it too late to join the sell-off?

The S&P 500 fell in premarket trading Tuesday, with traders watching the Fed’s rate cut outlook and upcoming jobs data as a potential catalyst for a correction.

The euro fell back to key support near 1.16 as EUR/USD remains range-bound ahead of US jobs data and the Fed’s September policy statement.

Bitcoin remains indecisive near $110K as traders weigh Fed policy uncertainty, with support at the 200-day EMA and resistance at the 50-day EMA.

USD/JPY pushes higher toward 148.5 resistance, with bulls supported by rate differentials, but upcoming US jobs data may shape the next big move.

USD/CAD trades near 1.38 as dollar strength weighs on the Loonie, with traders eyeing key EMA levels and upcoming jobs data for the next decisive move.