简体中文
ภาษาไทย
繁體中文
Indonesia
AUDUSD: Commodity currency continued to rebound
2022-10-26
1029
Fundamental analysis:
The top bankers on Wall Street again warned about the future world economic situation on Tuesday in the context of geopolitical tensions and the policy of sharply raising interest rates in response to decades of high inflation. Goldman Sachs President David Solomon said: The market economy will start to tighten significantly. If the Federal Reserve can't see the real changes in the market, it will still raise interest rates to more than 4.5-4.75% in the future
AUDUSD daily chart
Technical analysis:
The daily chart shows that the short-term exchange rate continues to rise slightly, the MACD runs below the 0 axis but the volume can continue to shrink, and the RSI continues to strengthen. It is expected that the exchange rate probability will further rebound in the short term.
Empty turning point: 0.6450
Pressing position: 0.6650 0.6850
Support position: 0.6250 0.6050
Trading strategy: bearish at 0.6450, target 0.6250, 0.6050
Alternative strategy: bullish above 0.6450, target 0.6650, 0.6850
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
Free AccessDaily Trading Strategy
Download Now
CM Trade Mobile Application
Economics Calendar
More
