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I’m glad to see you all here. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- Maroš Šefčovič, the European Commission’s Executive Vice President for Trade and Economic Security, stated after a meeting with U.S. officials that President Trump is expected to impose a 20% tariff on European goods next week.
- President Trump signed an executive order imposing a 25% tariff on foreign automobiles imported into the U.S.
- St. Louis Fed President James Bullard commented that Trump’s tariff policy is likely to have a lasting impact on inflation rather than being a one-time event.
- Australia’s February CPI rose by 2.4% year-on-year, indicating easing inflationary pressures. Markets are anticipating that the Reserve Bank of Australia will cut interest rates in May.
Key Economic Events This Week
+ March 28: U.K. Q4 GDP, U.S. February Personal Consumption Expenditures (PCE) Price Index
AUDUSD Chart Analysis
The price continues to test the upper resistance but has failed to break through. As a result, the likelihood of a decline is increasing, with the expected support level around 0.60000.
However, if unforeseen factors lead to a breakout above the resistance level, the price could reach as high as 0.66000, in which case a swift strategy adjustment will be necessary.
I’m glad to see you all here. Please share your personal opinions in the comments. Don’t forget to like and subscribe!
Key Points
- Maroš Šefčovič, the European Commission’s Executive Vice President for Trade and Economic Security, stated after a meeting with U.S. officials that President Trump is expected to impose a 20% tariff on European goods next week.
- President Trump signed an executive order imposing a 25% tariff on foreign automobiles imported into the U.S.
- St. Louis Fed President James Bullard commented that Trump’s tariff policy is likely to have a lasting impact on inflation rather than being a one-time event.
- Australia’s February CPI rose by 2.4% year-on-year, indicating easing inflationary pressures. Markets are anticipating that the Reserve Bank of Australia will cut interest rates in May.
Key Economic Events This Week
+ March 28: U.K. Q4 GDP, U.S. February Personal Consumption Expenditures (PCE) Price Index
AUDUSD Chart Analysis
The price continues to test the upper resistance but has failed to break through. As a result, the likelihood of a decline is increasing, with the expected support level around 0.60000.
However, if unforeseen factors lead to a breakout above the resistance level, the price could reach as high as 0.66000, in which case a swift strategy adjustment will be necessary.
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.