AUDUSD Insight
Hello to all subscribers!
Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- UK September CPI falls short of expectations at 1.7%, raising hopes for a BOE rate cut by the end of the year
- Rising Trump risks contribute to dollar strength
- Expectation for a 25bp rate cut by the ECB in October
- Anticipation of a 25bp rate cut by the Fed in the November FOMC meeting
Economic Indicators
- October 17: Eurozone September CPI, ECB rate decision, U.S. September retail sales
Chart Analysis
AUDUSD is showing strong downward pressure near the 0.69400 level. It has currently dropped to around 0.66500, a region considered to be within the support zone. There is potential for further pressure down to the 0.66000 level, but a rebound towards the 0.69000 level is expected afterward.
However, if the price breaks below the 0.66000 level contrary to expectations, I will promptly adjust the strategy.
Please feel free to share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- UK September CPI falls short of expectations at 1.7%, raising hopes for a BOE rate cut by the end of the year
- Rising Trump risks contribute to dollar strength
- Expectation for a 25bp rate cut by the ECB in October
- Anticipation of a 25bp rate cut by the Fed in the November FOMC meeting
Economic Indicators
- October 17: Eurozone September CPI, ECB rate decision, U.S. September retail sales
Chart Analysis
AUDUSD is showing strong downward pressure near the 0.69400 level. It has currently dropped to around 0.66500, a region considered to be within the support zone. There is potential for further pressure down to the 0.66000 level, but a rebound towards the 0.69000 level is expected afterward.
However, if the price breaks below the 0.66000 level contrary to expectations, I will promptly adjust the strategy.
네이버 카페 :
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
cafe.naver.com/autumnis
오픈 카톡방 :
pf.kakao.com/_txlKqxj/chat
텔레그램 :
t.me/shawntimemanager
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.