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2 STORIES
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A detailed view of American and Euro currency notes, emphasizing global finance.
FORECASTSAUG 6, 2026
EUR/USD Bullish Outlook Holds as PMI Strength and Technical Support Lift the Pair
EUR/USD extended its recovery to its strongest level since June 17 as Eurozone PMI data improved and crude oil stayed under pressure. Technical traders remain focused on support near 1.1487 and a potential move toward 1.1620 if momentum holds.
AUD/USD Rally Faces Short-Term Test as Fed Minutes and US PMI Data Loom
FORECASTSJUL 6, 2026
AUD/USD Rally Faces Short-Term Test as Fed Minutes and US PMI Data Loom
AUD/USD climbed for a second consecutive day to its highest level since June 23rd as the US dollar weakened after softer jobs data. Technical traders are watching whether resistance near 0.7050 caps the rebound or whether support around 0.6850 comes back into focus.