AUDUSD Short Position (4Hr Timeframe)
-4Hr: Retest of support line with bullish momentum towards resistance which I feel will retest and gain bearish momentum upon the interest rate decision
-Daily: retest of support line
- RBA governor Philip Lowe indicated in July that interest rates were likely to remain on hold for a while as Australians grappled with rising household debt, stubbornly weak inflation, and slow wage growth.
- If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
-Daily: retest of support line
- RBA governor Philip Lowe indicated in July that interest rates were likely to remain on hold for a while as Australians grappled with rising household debt, stubbornly weak inflation, and slow wage growth.
- If the RBA is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the AUD. Likewise, if the RBA has a dovish view on the Australian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.