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Recently, as U.S. employment indicators have been announced with poor figures, there is a growing expectation that the Federal Reserve may start lowering interest rates in September and cut rates twice this year. The previous day, Federal Reserve Chairman Powell expressed concerns at a Senate hearing that economic growth could be jeopardized if the high-interest rate policy is maintained for too long, noting that more evidence of a slowdown in inflation is needed to justify a rate cut.
- July 10: Federal Reserve Chairman Powell's speech.
- July 11: Release of UK GDP and U.S. June Consumer Price Index.
- July 12: Release of U.S. June Producer Price Index.
- July 16: Release of U.S. June Retail Sales.
- July 17: Release of Eurozone Consumer Price Index.
The AUD/USD has broken out of the small range of 0.66000 to 0.67000. It has also been confirmed that it has broken out of the downtrend. This rise is expected to continue up to the 0.69000 line, and afterward, it is likely to form a small range, with 0.66500 as the bottom, before establishing a trend.
In summary, it is expected to form a range between 0.69000 and 0.66500.
If movements contrary to our expectations occur, we will quickly adjust our strategy.
Please share your personal opinions in the comments. Don't forget to like and subscribe.
Recently, as U.S. employment indicators have been announced with poor figures, there is a growing expectation that the Federal Reserve may start lowering interest rates in September and cut rates twice this year. The previous day, Federal Reserve Chairman Powell expressed concerns at a Senate hearing that economic growth could be jeopardized if the high-interest rate policy is maintained for too long, noting that more evidence of a slowdown in inflation is needed to justify a rate cut.
- July 10: Federal Reserve Chairman Powell's speech.
- July 11: Release of UK GDP and U.S. June Consumer Price Index.
- July 12: Release of U.S. June Producer Price Index.
- July 16: Release of U.S. June Retail Sales.
- July 17: Release of Eurozone Consumer Price Index.
The AUD/USD has broken out of the small range of 0.66000 to 0.67000. It has also been confirmed that it has broken out of the downtrend. This rise is expected to continue up to the 0.69000 line, and afterward, it is likely to form a small range, with 0.66500 as the bottom, before establishing a trend.
In summary, it is expected to form a range between 0.69000 and 0.66500.
If movements contrary to our expectations occur, we will quickly adjust 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.