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deusmanagement Updated 

Hello Friends and Traders !! AUDUSD May continue to fall 18-38 pips SHORT POSITIONS below 0.6830 with targets at 0.6775 , 0.6755 and 0.6740 in extension LONG POSITIONS above 0.6830 with targets at 0.6850 and 0.6875 as targets Current Position SELL : 0.67651 SL : 0.67801 TP : 0.67451 Trade Safe and look for other entry positions around key levels

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Hello Friends, Investors and Traders !! Economists are skeptical as to why investors were willing to increase risk amid positive economic developments, because they initially hoped for an economic slowdown that would convince the Fed to ease its aggressive tightening. The Fed's minutes show members were in favor of "moving to a restrictive stance of policy, and...

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Hello Investors and Traders !! The dollar extended a decline from a 20-year high, on lower than anticipated US economic data releases. The greenback slid after US consumer morale hit an all-time low, as measured by the consumer sentiment index. The reading of 50.0, missing the 50.2 forecasts, is the lowest level since the University of Michigan began compiling the...

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Hello Investors and traders !! Investors and traders will most likely be split into two groups in the coming trading week.The US dollar slipped on Friday and was heading for its first weekly drop this month as investors and traders analyzed where interest rates May peak. The rate hike repricing sent 10 year Treasury yields to two week lows while the DXY has lost...

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Hello Investors !! The dollar amid rising concerns of slowing economic growth after the US Fed Reserves’ Chair hawkish testimony is down with investors worried that the Fed’s commitment to tame inflation could trigger recession. He said that an aggressive interest rate hike could lead to an economic contraction and called a soft landing “very challenging” in his...

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Hello Investors!! The USD edged lower during the European Session early Tuesday in line with wider risk sentiment but remained elevated with the U.S Fed Reserve seen retaining an aggressive tightening Stance. The Australian Dollar rose 0.06% after RBA Australia’s Governor Philip Lowe signaled a lot more policy tightening ahead. He also played down the chances of...

deusmanagement Updated 

Hello Traders !! LONG POSITIONS above 0.7000 with targets at 0.7025 and 0.7070 SHORT POSITIONS below 0.6980 with targets at 0.6925 and 0.6990 This is valid only for the next 4H session which is the New York session. Trade Safe

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Hello Investors !! The Dollar was down on Monday morning as economic outlook remains uncertain. The AUDUSD pair gained 0.72% to 0.6955 with Fed Chair set to testify to the senate and the house on Wednesday and Thursday. The FED vowed last week that it’s commitment to tame inflation was unconditional while FED Governor Christopher Waller said on Saturday that he...

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Hello Investors!! The Aussie Dollar continues to move entirely on global sentiment, new lockdowns in China or continued strong USD could unwind the gains last week. AUDUSD market participants will be looking for more signs of increased hawkishness by Lowe and the RBA minutes and could be a negative. RBA Governor speaks on Monday and Tuesday and RBA minutes...

deusmanagement Updated 

Hello Investors !! Speculators/Investors increased their net long USD positions in the latest week, according to data released on Friday. The value of the net long dollar was $14.17 billion in the week ended June 14. Calculation for the USD positions is derived from net positions in Australian Dollars , Canadian Dollars, British Pound, Swiss Franc, Euro and Yen...

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The dollar was down on as investors digest a 75-basis points interest rate hike announced by the U.S. Federal Reserve Wednesday which is the largest since 1994. A few hours after the Atlanta Fed's GDP tracker that had been estimating Q2 US GDP at 2.5% as recently as mid-May, cleared the last bit to zero after the disappointing retail sales report and the Fed...

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AUDUSD May rise 20-40 pips LONG POSITIONS above 0.6885 with targets at 0.6965, 0.6990 and 0.6965 in extension SHORT POSITIONS below 0.6885 with targets at 0.6850, 0.6825 as targets Trade Safe

deusmanagement Updated 

Hello Traders !! AUDUSD May fall 20-50pips SHORT POSITIONS below 0.6970 with targets at 0.6870 0.6840 and 0.6825 in Extension LONG POSITIONS above 0.6970 with targets at 0.6990 and 0.7025 as targets Current Position Short: 0.68806 SL : 0.68956 TP : 0.68606 TP2: 0.68400 Trade Safe and look for positions around Key Levels

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A quick update on the fundamental position for AUD: • Unemployment at 3.9% - multi generational lows • Trade balance AUD 10.5 billion in April and likely to improve on commodity boom • GDP at 3.3% year-on-year • CPI at 5.1% The strength of the US Dollar is rational given the rising interest rate environment from the Fed. What seems to have been missed by the...

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The Federal Reserve kicks off a two-day policy meeting against an increasingly disorderly market backdrop. Market consensus has rapidly switched to expect a 75 basis point increase in the Fed Funds target rate on Wednesday in the wake of another painful overshoot in consumer inflation in May. Producer price inflation data for the month are due at 8:30 AM ET (1230)...

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Hello Traders !! AUDUSD May fall 39-64 pips Short Positions below 0.7035 with targets at 0.6945 and 0.6920 in extension Long Positions above 0.7035 with targets at 0.7060 and 0.7090 in extension Trade Safe

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Hello Traders, Investors and Friends !! A big week for central banks, with the Federal Reserve widely expected to deliver a second 50 basis point rate hike on Wednesday already adding to the 75 bps of rate hikes already delivered since March. Investors will be watching closely to see what Fed Chair Jerome Powell has to say about future rate hikes after Friday’s...

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AUDUSD may rise 20-50 pips LONG POSITIONS above 0.7080 with targets at 0.7150 and 0.7175 SHORT POSITIONS below 0.7080 with targets at 0.7060 and 0.7040 Current Positions Buy : 0.71286 SL : 0.71136 TP : 0.71486 Trade safe and look for other positions too around Key Levels