Rising Wedge

Natural gas is trading with a balanced momentum reading, but technical traders continue to watch whether price can hold above key support and challenge nearby resistance. Brent remains locked in a consolidation zone, while WTI traders are focused on whether USOIL can hold a major level and test its next breakout area.

AUD/USD remained under pressure near 0.7118 after a hawkish Federal Reserve decision strengthened the US dollar and kept sellers active. Traders are now watching Australia’s jobs data and the Reserve Bank of Australia decision as the pair tests a fragile technical setup.

EUR/USD slipped to 1.1600 after the ECB rate decision, a firm US inflation reading, and renewed energy market concerns shaped investor positioning. Technical traders are watching whether a break below 1.1568 confirms downside momentum toward 1.1500.

AUD/USD is hovering near its highest level since May 15, supported by stronger commodity-linked sentiment but capped by rising demand for the US dollar. Technical traders are watching a possible rising wedge breakdown, with 0.7270 resistance and 0.7100 support emerging as the key levels.

AUD/USD is trading near a three-month high after stronger-than-expected Australian inflation increased speculation that the Reserve Bank of Australia could raise rates before year-end. Traders are now focused on Federal Reserve Chair Kevin Warsh’s Jackson Hole speech, where any fresh signal on U.S. rates could determine whether the Aussie extends or stalls its advance.

The DAX is holding above a key rising wedge retest area near 26,000, keeping bullish momentum in focus as traders watch resistance around 26,500 and 26,800. Improving German business sentiment and year-to-date gains are helping support the constructive tone around the index.

AUD/USD is holding near the lower edge of a rising wedge after pulling back from a near two-month high. Traders are watching U.S. employment data for signals that could shift Federal Reserve expectations and determine whether the pair breaks support or resumes its recent climb.

AUD/USD is hovering near the lower edge of a rising wedge after pulling back from its highest level since mid-June. Traders are watching U.S. employment data for the next catalyst, with support at 0.7020, 0.7010 and 0.6990 in focus.

Bitcoin retreated to around $62,500 as weakness in SK Hynix and technology shares weighed on broader risk appetite. Technical traders are watching a rising wedge breakdown that keeps the $58,500 area in focus unless BTC can reclaim $64,000.