Hello to all our subscribers, and welcome!
Please share your personal thoughts in the comments. Don’t forget to like and subscribe.
Key Points
- U.S. President Donald Trump stated ahead of a cabinet meeting at the White House that he will announce tariffs on semiconductors, pharmaceuticals, and several other items, adding that pharmaceuticals could face tariffs of up to 200%.
- The European Union has not yet received a formal tariff notice from Trump. However, it is reportedly considering a possible agreement to maintain a base tariff rate of 10%.
- Michele Bullock, Governor of the Reserve Bank of Australia, remarked, “I don’t think inflation is sustainably low—I actually believe it is still higher.”
Key Economic Events This Week
+ July 9: FOMC Meeting Minutes Release
+ July 10: Germany June CPI
+ July 11: U.K. May GDP
AUDUSD Chart Analysis
The recent uptrend has temporarily paused around the 0.66000 level. However, the pair is expected to resume its upward momentum in the 0.64700–0.65000 zone. Once the bullish trend resumes, it is likely to rise smoothly toward the 0.67000 level, although minor resistance is expected at 0.67000, which could trigger a short-term pullback. In the longer term, the pair is still projected to rise toward the 0.69000 level.
Please share your personal thoughts in the comments. Don’t forget to like and subscribe.
Key Points
- U.S. President Donald Trump stated ahead of a cabinet meeting at the White House that he will announce tariffs on semiconductors, pharmaceuticals, and several other items, adding that pharmaceuticals could face tariffs of up to 200%.
- The European Union has not yet received a formal tariff notice from Trump. However, it is reportedly considering a possible agreement to maintain a base tariff rate of 10%.
- Michele Bullock, Governor of the Reserve Bank of Australia, remarked, “I don’t think inflation is sustainably low—I actually believe it is still higher.”
Key Economic Events This Week
+ July 9: FOMC Meeting Minutes Release
+ July 10: Germany June CPI
+ July 11: U.K. May GDP
AUDUSD Chart Analysis
The recent uptrend has temporarily paused around the 0.66000 level. However, the pair is expected to resume its upward momentum in the 0.64700–0.65000 zone. Once the bullish trend resumes, it is likely to rise smoothly toward the 0.67000 level, although minor resistance is expected at 0.67000, which could trigger a short-term pullback. In the longer term, the pair is still projected to rise toward the 0.69000 level.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.