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Filtered by tags:  Interest Rate Differential
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AUD/USD

Indicators:
Ema: 50, 30
Horizontal/verticals lines / resistence
Indicators used:
Atr = weekly, monthly average ranges
CCI = Momentum indicator / shows reverseal on monthly
fundamentals:

Interest Rates:

Australia: 1.5 %
USA: 0.75
Inflation:

USA: 0.3 % monthly = 3.6 % yearly
Australia: 0.5 % quarterly = 2 % yearly
Growth:
USA: GDP: 1.9 % Previous 3.5 %
Australia: - 0.5 % quarterly = 2 %
The negative Gdp of last quarter is seen as temporary effect by the RBA. Australia has a very high correlatio…
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US Dollar in the Spotlight

Through the entire year I've been preaching that soon we may see developing the broad based US dollar bullish trend and it may be the case that the Dollar has already started shifting direction. But at the same time we need more time for this bullish US dollar sentiment to gain traction and have a well constructed trending market.
For more reference you can check out my previous take on US Dollar here: …
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