U.S.\u2013China trade negotiations are in focus this week, and one of the most contentious issues could be how TikTok is separated from Chinese government and corporate interests. The outcome may heavily influence market sentiment toward the broader U.S.\u2013China relationship, creating ripple effects across global risk assets.<\/p>\n
Impact on Currencies<\/strong> Technical Picture<\/strong> U.S.\u2013China trade negotiations are in focus this week, and one of the most contentious issues could be how TikTok is separated from Chinese government and corporate interests. The outcome may heavily influence market sentiment toward the broader U.S.\u2013China relationship, creating ripple effects across global risk assets. Impact on Currencies Commodity-linked and China-sensitive currencies, particularly the…<\/p>\n","protected":false},"author":1,"featured_media":3211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[4,5],"tags":[],"class_list":["post-3210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-news","category-market-insights"],"acf":[],"yoast_head":"\n
\nCommodity-linked and China-sensitive currencies, particularly the Australian dollar (AUD)<\/strong>, may feel the indirect impact. AUD\/USD has been moving higher in the short term, trending within an ascending channel.<\/p>\n
\nRecent candles have shown strong bullish closes with only shallow pullbacks, a sign that momentum favors continuation rather than exhaustion. Key resistance lies around 0.6687<\/strong>, with a more significant barrier near 0.6748<\/strong>. On the downside, immediate support is just below current levels near the 9-day EMA, with stronger backing around the 50-day EMA should a deeper pullback occur.<\/p>\n","protected":false},"excerpt":{"rendered":"