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Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe for more content.
Key Points
- Dollar strength continues with the “Trump trade” and rising U.S. Treasury yields.
- Expectations are growing that the euro may fall to near-parity levels as Germany heads toward early elections.
- The eurozone could face significant setbacks if tariffs are imposed due to Trump’s election.
- Minneapolis Fed President Neel Kashkari stated that the December rate cut could be paused if inflation is higher than anticipated.
- Uncertainty surrounds the Reserve Bank of Australia's rate cut path, with reports that Japanese investors are selling Australian bonds.
- Australian Treasurer Jim Chalmers remarked that “Australia is more resilient to trade wars than other countries.”
Key Economic Data Schedule
- November 13: U.S. October CPI
- November 14: U.S. October PPI, Australia October Unemployment Rate
- November 15: Fed Chair Powell's Speech, Japan Q3 GDP, U.K. Q3 GDP, U.S. October Retail Sales
AUD/USD Chart Analysis
The AUD/USD is currently in a downtrend, with a likely decline to the 0.64000 level after breaking below 0.66000. A rebound from the 0.64000 level could lead to a climb back up to the 0.69000 level. However, if the support level is breached, there’s a high chance of a drop to the 0.62000 level.
If the downward momentum intensifies, we will swiftly develop a new strategy.
Please feel free to share your personal opinions in the comments. Don’t forget to like and subscribe for more content.
Key Points
- Dollar strength continues with the “Trump trade” and rising U.S. Treasury yields.
- Expectations are growing that the euro may fall to near-parity levels as Germany heads toward early elections.
- The eurozone could face significant setbacks if tariffs are imposed due to Trump’s election.
- Minneapolis Fed President Neel Kashkari stated that the December rate cut could be paused if inflation is higher than anticipated.
- Uncertainty surrounds the Reserve Bank of Australia's rate cut path, with reports that Japanese investors are selling Australian bonds.
- Australian Treasurer Jim Chalmers remarked that “Australia is more resilient to trade wars than other countries.”
Key Economic Data Schedule
- November 13: U.S. October CPI
- November 14: U.S. October PPI, Australia October Unemployment Rate
- November 15: Fed Chair Powell's Speech, Japan Q3 GDP, U.K. Q3 GDP, U.S. October Retail Sales
AUD/USD Chart Analysis
The AUD/USD is currently in a downtrend, with a likely decline to the 0.64000 level after breaking below 0.66000. A rebound from the 0.64000 level could lead to a climb back up to the 0.69000 level. However, if the support level is breached, there’s a high chance of a drop to the 0.62000 level.
If the downward momentum intensifies, we will swiftly develop a new 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.
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.