Hello, dear subscribers.
Please share your personal opinions in the comments. Don’t forget to like and subscribe.
The yen showed strength as leading Japanese politicians pressured the Bank of Japan to raise interest rates due to the weakening domestic market. However, the dollar rebounded strongly with growing expectations that the ECB will implement additional rate cuts in September. Meanwhile, the Fed has entered its blackout period ahead of the regular FOMC meeting next week, where a rate hold is likely. Nonetheless, the market expects a rate cut at the September FOMC meeting.
- The U.S. Q2 GDP (QoQ) will be announced on July 25th.
- The U.S. June Personal Consumption Expenditure (PCE) Price Index will be released on July 26th.
- The FOMC regular meeting will be held for two days starting on July 30th.
- Australia’s Q2 Consumer Price Index (CPI) and the Eurozone’s July CPI will be released on July 31st.
The AUD/USD has broken out of its trend but has pulled back to the 0.66000 line. This area is expected to act as a support level since it was the bottom of the previous small range. However, if it breaks through this area, it may retreat to the 0.64000 line. From the 0.64000 line, it is expected to rebound and continue an upward trend.
If there are movements different from the above, we will quickly revise our strategy.
Please share your personal opinions in the comments. Don’t forget to like and subscribe.
The yen showed strength as leading Japanese politicians pressured the Bank of Japan to raise interest rates due to the weakening domestic market. However, the dollar rebounded strongly with growing expectations that the ECB will implement additional rate cuts in September. Meanwhile, the Fed has entered its blackout period ahead of the regular FOMC meeting next week, where a rate hold is likely. Nonetheless, the market expects a rate cut at the September FOMC meeting.
- The U.S. Q2 GDP (QoQ) will be announced on July 25th.
- The U.S. June Personal Consumption Expenditure (PCE) Price Index will be released on July 26th.
- The FOMC regular meeting will be held for two days starting on July 30th.
- Australia’s Q2 Consumer Price Index (CPI) and the Eurozone’s July CPI will be released on July 31st.
The AUD/USD has broken out of its trend but has pulled back to the 0.66000 line. This area is expected to act as a support level since it was the bottom of the previous small range. However, if it breaks through this area, it may retreat to the 0.64000 line. From the 0.64000 line, it is expected to rebound and continue an upward trend.
If there are movements different from the above, we will quickly revise our 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.