AUDUSD - BEARISH BIAS
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MARKET OUTLOOK
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AUD - BEARISH
1️⃣ For the coming week, the highlight for the AUD will be on the Reserve Bank of Australia (RBA) rate decision due Tuesday. Because of the low inflation profile, the Bank is unlikely to adopt a hawkish tone in its statement on Tuesday
2️⃣ Meanwhile, rising tensions between China and Australia are likely to remain the major idiosyncratic challenge.
USD - BULLISH
1️⃣ Increasing signs of the US economy gaining momentum.
2️⃣ The employment report is expected to show the labor market recovery accelerated in April on the back of the gradual re-opening of the economy, helped by the government's massive $1.9 trillion pandemic rescue package and an acceleration in the pace of COVID-19 vaccinations.
3️⃣ ISM PMI for April is set to show the strongest in both manufacturing and services growth.
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TECHNICAL
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- We're shorting this pair at SBR on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
MARKET OUTLOOK
=====
AUD - BEARISH
1️⃣ For the coming week, the highlight for the AUD will be on the Reserve Bank of Australia (RBA) rate decision due Tuesday. Because of the low inflation profile, the Bank is unlikely to adopt a hawkish tone in its statement on Tuesday
2️⃣ Meanwhile, rising tensions between China and Australia are likely to remain the major idiosyncratic challenge.
USD - BULLISH
1️⃣ Increasing signs of the US economy gaining momentum.
2️⃣ The employment report is expected to show the labor market recovery accelerated in April on the back of the gradual re-opening of the economy, helped by the government's massive $1.9 trillion pandemic rescue package and an acceleration in the pace of COVID-19 vaccinations.
3️⃣ ISM PMI for April is set to show the strongest in both manufacturing and services growth.
=====
TECHNICAL
=====
- We're shorting this pair at SBR on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
Dagangan aktif
Dagangan ditutup: sasaran tercapai
✅ TRADE HAS HIT TP+10 PIPS
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.