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.
تم فتح الصفقة
أغلقت الصفقة: تم الوصول للهدف
✅ TRADE HAS HIT TP+10 PIPS
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.