Menu
Brokers
MT4 Forex Brokers
MT5 Forex brokers
PayPal Brokers
Skrill Brokers
Oil Trading Brokers
Gold Trading Brokers
Web Browser Platform
Brokers with CFD Trading
ECN Brokers
Bitcoin FX Brokers
PAMM Forex Brokers
With Cent Accounts
With High Leverage
Cryptocurrency Brokers
Forums
All threads
New threads
New posts
Trending
Search forums
What's new
New threads
New posts
Latest activity
Log in
Register
Search
Search titles only
By:
Search titles only
By:
Menu
Install the app
Install
Reply to thread
Forums
Forex Discussions
Fundamental Analysis
AUD/USD
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Message
[QUOTE="HotForexsignal, post: 159363, member: 58463"] [B]AUD/USD yet problem the RBA statement, near 0.7130[/B] [I]The pair is all along again 1% to the 0.7130/20 band. The recent neuter stance from the RBA keeps hurting AUD. RBAs Lowe said the probability of a rate hike/scratch appears balanced.[/I] The sell-off in the Aussie Dollar remains proficiently in an area today, behind AUD/USD shedding more than 1% to the 0.7130/20 band. AUD/USD offered accrual-RBA Spot speedily tumbled to postscript 2-week lows in the 0.7130/20 band today in response to the recent shift to a neuter stance from the RBA in the wake of the speech by RBA Governor Philip Lowe. The Aussie Dollar is giving away on top of 2 cents today after recognition of selling orders wiped out Tuesday's spike to the 0.7300 neighborhood when Lowes speech. In fact, at his speech to the National Press Club earlier around Wednesday, Governor P.Lowe now noted that the probability that the central bank could either scrape or lift rates now appears balanced. That said, the now genderless stance from the central bank opposes the recent market's perception of a not-correspondingly-dovish statement from the RBA at its meeting as regards the order of Tuesday (which was the exclusive excuse at the by now the abrupt touch to the 0.73 area). Moving talk to into the Aussie docket, the NAB Quarterly Business Confidence is due tomorrow ahead of the RBAs Monetary Policy Statement to be published upon Friday. [B]AUD/USD levels to watch[/B] At the moment the pair is losing 1.38% at 0.7133 and testing of 0.7122 (low Feb.6) would right to use the gate to 0.7076 (low Jan.25) and finally 0.7021 (monthly low Oct.26 2018). On the supplementary hand, the adjacent resistance aligns at 0.7183 (21-hours of daylight SMA) seconded by 0.7290 (200-day SMA) and subsequently 0.7295 (2019 high Jan.31). [/QUOTE]
Insert quotes…
Verification
Post reply
Top
Bottom
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…