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Macro

USD Overview (11 February 2022)Yesterday, USD strengthened against most major currencies except GBP and EUR. The CPI m/m data released yesterday indicated continued rise in inflation during January. Annual inflation continued to rise at a faster pace, hitting a 40-year high level. CPI m/m (Actual: 0.6%, Forecast: 0.4%, Previous: 0.5%) Core CPI m/m (Actual: 0.6%, Forecast: 0.5%, Previous: 0.6%) The Preliminary UoM Consumer Sentiment data (Forecast: 67.2, Previous: 67.2 revised from 68.8) will be released later at 2300 (GMT+8).
TVC:DXY
by JinDao_Tai
AUD/USD Outlook (09 February 2022)Overall, AUD/USD is ranging across. Recently, AUD/USD broke the resistance zone of 0.71000. The Australian Westpac Consumer Sentiment data (Actual: -1.3%, Forecast: NA, Previous: -2.0%) released earlier today indicated a slight improvement in the surveyed consumers level of confidence on the economic conditions of Australia. AUD/USD’s next support zone is at 0.71000 and the next resistance zone is at 0.73000. Look for short-term buying opportunities of AUD/USD.
Long
by JinDao_Tai