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AUD/USD Technical Analysis: Aussie dragging its heels near 0.76 ahead of Trump-Kim summit

  • Uptrend remains intact, but pair may be leveling off near the key 0.7600 handle.
  • Tuesday's Trump-Kim summit could sap volatility out of the markets as traders await headlines from the meeting.
  • Australian markets are coming back online today after a long weekend.
  • Hourly MCAD, slow Stochastics are middling, indicating market indecision.

AUD/USD Chart, 1-Hour

Spot rate: 0.7608
Relative change: Negligible
High: 0.7610
Low: 0.7603

Trend: Bullish to flat

Support 1: 0.7600 (major psychological level)
Support 2: 0.7588 (current week's low)
Support 3: 0.7560 (one-week low)

Resistance 10.7621 (current week's high)
Resistance 2: : 0.7632 (one-week Fibonacci retracement level)
Resistance 3: 0.7676 (one-week high)

GBP/JPY Technical Analysis: Guppy trading above 147.00 ahead of UK Average Earnings on Tuesday

GBP/JPY 15-minute chart   Spot rate:                  147.21 Relative change:       0.01%     High:                         147.27 Low:        
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Weekly commodity movers & shakers - TDS

Analysts at TD Securities explained the latest developments in the commodities sector. Key Quotes: "Copper prices surged in response to growing fear
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