AUDUSD Insight
Hello, subscribers!
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- During the Senate hearing, Fed Chair Jerome Powell stated that "there is no need to rush in adjusting the stance of monetary policy," emphasizing that the Fed's policy is significantly less restrictive than before and that the economy remains strong. He maintained a cautious and conservative stance, suggesting it is too early to assess the impact of tariff policies.
- Markets showed little reaction to Powell's remarks, as they were largely in line with his statements in January. Instead, attention is focused on the February CPI and employment data, which will be released before the March FOMC meeting.
- ECB Executive Board Member Isabel Schnabel took a hawkish stance, stating that while rate cuts could mitigate economic downturns, they cannot resolve structural crises such as high energy prices, economic stagnation, and labor shortages.
This Week’s Key Economic Events
+ Feb 12: U.S. January Consumer Price Index (CPI), Speech by Fed Chair Powell
+ Feb 13: U.K. Q4 GDP, Germany January CPI, U.S. January Producer Price Index (PPI)
+ Feb 14: U.S. January Retail Sales
AUDUSD Chart Analysis
Recently, the pair found support at the 0.61000 level and successfully climbed to 0.63000. If it breaks through this level, further gains up to 0.64000 can be expected. However, this movement is seen as part of a broader downtrend, with an eventual decline towards 0.60000 anticipated.
If unforeseen factors lead to a breakout above 0.64000, we will swiftly adjust our strategy.
Please share your personal opinions in the comments. Don't forget to like and subscribe!
Key Points
- During the Senate hearing, Fed Chair Jerome Powell stated that "there is no need to rush in adjusting the stance of monetary policy," emphasizing that the Fed's policy is significantly less restrictive than before and that the economy remains strong. He maintained a cautious and conservative stance, suggesting it is too early to assess the impact of tariff policies.
- Markets showed little reaction to Powell's remarks, as they were largely in line with his statements in January. Instead, attention is focused on the February CPI and employment data, which will be released before the March FOMC meeting.
- ECB Executive Board Member Isabel Schnabel took a hawkish stance, stating that while rate cuts could mitigate economic downturns, they cannot resolve structural crises such as high energy prices, economic stagnation, and labor shortages.
This Week’s Key Economic Events
+ Feb 12: U.S. January Consumer Price Index (CPI), Speech by Fed Chair Powell
+ Feb 13: U.K. Q4 GDP, Germany January CPI, U.S. January Producer Price Index (PPI)
+ Feb 14: U.S. January Retail Sales
AUDUSD Chart Analysis
Recently, the pair found support at the 0.61000 level and successfully climbed to 0.63000. If it breaks through this level, further gains up to 0.64000 can be expected. However, this movement is seen as part of a broader downtrend, with an eventual decline towards 0.60000 anticipated.
If unforeseen factors lead to a breakout above 0.64000, we will swiftly 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.